Share this article
Bitcoin News Roundup for April 20, 2020
Bitcoin volatility points to big things to come while hackers drain $25 million overnight. It's CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:31 a.m. Published Apr 20, 2020, 4:00 p.m.
Bitcoin volatility points to big things coming while a DeFi protocol loses $25 million overnight. It's CoinDesk's Markets Daily Podcast.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Today's stories:
Bitcoin Volatility at 3-Month Low as Market Awaits Big Price Move
Russians Withdrew a Year's Worth of Cash in a Month Over Coronavirus Fears
Bitcoin ATMs Expand Despite Shelter-in-Place Rules
Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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.
Di più per voi
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Cosa sapere:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
