8 minutes | Oct 28th 2020

Bitcoin News Roundup for Oct. 28, 2020

With BTC's rally looking overstretched and a new investor survey, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.comNexo.io and Elliptic.


Today's stories:

Is Bitcoin's Rally Overstretched? This Key Indicator Says No 

Bitcoin has plenty of room to rally, according to a fundamental analysis indicator that flagged the price bottom in March.

More Than Half of US Investors Interested in Bitcoin, Grayscale Survey Finds

A survey from Grayscale Investments suggests interest in bitcoin is on the rise, with the coronavirus being a driver of new investors.

MicroStrategy Is Looking to Buy More Bitcoin, President Says

Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter.

Trump Campaign Website Hit by Hackers Touting Crypto Scam 

The U.S. president's campaign website was briefly compromised on Tuesday as hackers looked to fleece cryptocurrency from unsuspecting supporters in the final days before the 2020 election.

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