Bitcoin News Roundup for Oct. 9, 2020

With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co. Today's stories: Bitcoin Tops $11K for First Time in Almost 3 Weeks  Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.   Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment  Jack Dorsey's payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy's $425 million all-in bet. Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies. BitMEX CTO Released in US After Payment of $5M Bond The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.