Bitcoin News Roundup for Sept. 18, 2020

As bitcoin battles to establish a foothold above $11K and with DeFi surging on Ethereum, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today's stories:

Bitcoin Rises Back to $11K Despite Signs of Indecision in the Market

Bitcoin is again looking to establish a foothold above $11,000 on Friday, although the technical charts are anything but stridently bullish.

Bitcoin Supply on Ethereum Tops $1B

More than 92,000 bitcoins have been tokenized on Ethereum.

Uniswap Launches Governance Token to Keep Up With Rival

Decentralized trading platform Uniswap has launched a governance token, UNI, minting 1 billion coins to be released to the public over the next four years.

Uniswap Recaptures DeFi Buzz With UNI Token's Airdropped Debut

A minimum of 400 UNI was airdropped to everyone who used Uniswap prior to September. Some called it “stimulus for Ethereum users.”

Ethereum Smashes Records as DeFi Hype Sends Transactions and Miner Revenue Soaring

Miners may be the real winners from DeFi as a surge in Ethereum activity sees them earn a record $16 million in a day.