Bit News Live

Bitcoin News Roundup for Oct. 9, 2020

With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.  

Jack Dorsey’s payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy’s $425 million all-in bet.

The seven central banks, along with the Bank for International Settlements, have released a report setting out agreed core objectives that must be met by national digital currencies.

The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.

Source
Coindesk

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