Crypto News Recap - Bitcoin ????????????? - October 9 - October 16 2020

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News Recap Synopsis and additional links found on the unchainedpodcast.com website:
https://unchainedpodcast.com/bitcoin-whale-rocket-chart

Bitcoin ?????????????
+ CFTC Chair Gushes About ETH

This week, another big institutional player invested an eye-opening sum in Bitcoin, while BTC's overall bullish trend shows no signs of slowing down. CFTC Chairman Heath Tarbert praised Ethereum while dancing around whether ETH or the greater DeFi landscape should be labeled securities or commodities. We also have a roundup of the latest news in the BitMEX saga, a battle brewing over the DOJ's insistence that tech companies create a backdoor for encryption, news of the long-awaited launch of Filecoin, and more.

Meanwhile, on Unchained, SEC Commissioner Hester Peirce gives us the latest on her token safe harbor proposal, explains her views on whether airdrops are securities offerings and talks about whether DeFi governance tokens should be considered securities. And on Unconfirmed, the former US attorney for the District of Columbia, Jessie Liu, talks about the DOJ’s recently released cryptocurrency enforcement framework, and what it means for crypto businesses worldwide.

This week’s top stories:

Stone Ridge Bets $115 Million on Bitcoin
https://www.forbes.com/sites/michaeldelcastillo/2020/10/13/stone-ridge-reveals-115-million-bitcoin-investment-as-part-of-billion-dollar-spin-off/#400786359850

Bullish Signs for Bitcoin
https://www.theblockcrypto.com/post/80838/jpmorgan-payment-companies-bitcoin-square-cash-app

https://www.coindesk.com/grayscale-announces-best-ever-quarter-with-over-1b-raised

https://www.theblockcrypto.com/daily/80588/otc-desks-report-renewed-interest-in-bitcoin-and-ether-less-interest-in-defi-tokens?utm_source=newsletter&utm_medium=email&utm_campaign=2020-10-13

https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf

CFTC Chairman Praises Ethereum
https://www.coindesk.com/heath-tarbert-invest-eth-fireside

BitMEX Continues Bringing In New Execs; 79,000 BTC Move Off Platform
https://www.theblockcrypto.com/daily/80377/three-big-questions-bitmex

Crypto Community Pans DOJ’s Suggestion to Create Backdoors for Encryption
https://www.justice.gov/opa/pr/international-statement-end-end-encryption-and-public-safety

Filecoin Mainnet is Live
https://filecoin.io/blog/mainnet-liftoff/

FUN BITS

The Block Launches New Dashboards
https://www.theblockcrypto.com/data/on-chain-metrics/bitcoin

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