Bitcoin News Roundup for Sept. 29, 2020

With bitcoin back in the driver's seat and the Filecoin launch fast approaching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Regulated US Exchange Gemini Now Offers Confidential Zcash Withdrawals

Gemini said that adding shielded zcash withdrawals showed regulators could be made to be comfortable with privacy coins.

First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule

Binance CEO isn't ashamed to discuss DeFi's future — and how the fast-moving arena might represent the future of his industry-leading crypto exchange.

Traders Rotate to Bitcoin Expecting a Quiet Q4 for Altcoins

Some traders anticipate the leading cryptocurrency to significantly outperforming the entire crypto market for at least the next several months.

Binance CEO Says He Fully Expects DeFi to Cannibalize His Crypto Exchange

Binance CEO “CZ” acknowledges the irony of trying to tap into DeFi while defending his company’s reign among crypto exchanges.

Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term Volatility

Bitcoin prices approached $11,000 in early trading Monday as the ether options signal short-term gyrations.

Why Bitcoin’s Longest Run Above $10,000 Matters

Bitcoin has been above $10,000 for even longer than the record 2017-18 run, giving confidence to long term HODLers in the process.

Bitcoin News Roundup for Sept. 28, 2020

With bitcoin's record-breaking run above $10,000 and Twitter talking blockchain strategy, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold

A Caribbean firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.

First Mover: Bitcoin Low Exchange Balances Looks Bullish, But Chart Looks Bearish as $11K...

Bitcoin balances on exchanges hit 2-year low, seen as a bullish sign that traders are holding for the long term, or tokenizing for use in DeFi.