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Bitcoin News Roundup for March 2, 2020
With bitcoin taking a breather after last week's abrupt fall, Markets Daily is back with another time saving news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Mar 2, 2020, 5:11 p.m.
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Today's news:
Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak
Bitcoin Rallies After Biggest Weekly Drop Since November
West Virginia Ditches Blockchain Voting App Provider Voatz
New Twitter Investor May Remove Bitcoin Advocate Jack Dorsey as CEO
Revealed: fake 'traders' allegedly prey on victims in global investment scam
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Boring Bitcoin's Green Light Moment Incoming?
BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.
What to know:
- The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
- Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
- The ETF flows continue to disappoint.
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