Bitcoin News Roundup for Sept. 11, 2020

With bitcoin trading in a narrow range and new comments from central bankers in Europe and Japan, 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 Holds Firm Above $10K but Strong Bounce Proves Elusive

Bitcoin is trapped in the narrow range of $10,000 to $10,500, but on-chain metrics hint at a rally revival ahead.

Uniswap September Volume Tops August’s $6.7B Record in 10 Days on Dizzying DeFi Demand

September is the fifth consecutive monthly all-time high for Uniswap volume.

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation

Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.

Europe Has Fallen Behind on Digital Payments, Lagarde Says

In new comments, European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.

Japan Should Consider a Digital Yen, Former Official Says

In an interview with CoinDesk Japan, a former Bank of Japan official had new comments on the country’s many reasons to seriously consider a digital yen.