Share this article
Video: Roundup of This Week’s Bitcoin News 11th April 2014
In this week of closures, crashes and Heartbleed, here are three of the biggest stories we covered on CoinDesk.
By Roop Gill
Updated Sep 11, 2021, 10:38 a.m. Published Apr 11, 2014, 3:04 p.m.
[youtube id="LWPZccGNG9c" width="620" height="360"]
.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In this week of closures, crashes and heartbleed, here are three of the biggest stories we covered on CoinDesk.
Bitcoin price falls below $400: The price of bitcoin hit a low of $344 this week following deposit freezes at Chinese bitcoin exchanges. The initial drop happened after an announcement from Chinese exchange BTCTrade.com, which was then corroborated by similar statements from Huobi and BTC100.org. This is the lowest the price has fallen since November 2013.
National Australia Bank turns back on bitcoin: NAB has decided to disassociate itself from bitcoin and will be closing the accounts of its bitcoin costumers starting next month. NAB was previously Australia's most bitcoin-friendly bank and its representatives were actively seeking to build relationships with bitcoin businesses.
Bitcoin Core Version 0.9.1 fixes Heartbleed vulnerability: Bitcoin Core Version 0.9.1 addressed the massive internet security bug, Heartbleed, also known as CVE-2014-0160. The vulnerability was patched by major bitcoin exchanges in a matter of hours.
Not the greatest week for bitcoin, but hopefully, we'll have some better news next week. Have a good weekend, y'all!
More For You
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.
More For You
Bitcoin’s Long-Term Holders Hit Cyclical Low as Sell Pressure Finally Eases
Long-term holder supply bottomed when bitcoin sank to $80K, signaling that the wave of spot-driven selling may be nearing exhaustion as prices rebound to $90K.
What to know:
- Long-term holder supply fell to 14.33M BTC in November, its lowest level since March, coinciding with bitcoin’s $80K correction low.
- The rebound to $90K suggests the bulk of spot-driven selling from seasoned holders has passed after a 36% peak-to-trough decline.
- Unlike prior cycles, LTH behavior in 2025 shows more measured distribution rather than blow-off-top capitulation, signaling a shift in market structure.
Top Stories
