8 minutes | Oct 22nd 2020

Bitcoin News Roundup for Oct. 22, 2020

With BTC pulling back from $13K and reactions to PayPal in the news, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.CFTC Provides Crypto Futures Firms New Storage GuidanceThe CFTC wants futures commission merchants to take care when dealing with customer's funds.Baby Steps or Handcuffs? Crypto Pros Assess PayPal's Bitcoin Play Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?Voyager Agrees to Buy LGO Markets and Merge 2 Firms' Tokens Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.
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