Markets Outlook Bitcoin News Roundup for Oct. 30, 2020
With the average BTC transaction fees above $11 and a Binance leak, 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:
Bitcoin Traders Can Now Bet on $40K Price With New Deribit Options
Options at a $40,000 strike price expiring in March 2021 and June 2021 went live on Deribit early on Friday
Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally
The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years.
Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.
Leaked Docs Reveal How Binance Dealt With US Regulations: Report
Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.