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Bitcoin News Roundup for March 25, 2020
In this episode of CoinDesk's Markets Daily, crypto investment goes up while BTC price bumps up against $7K.
Updated Sep 14, 2021, 8:22 a.m. Published Mar 25, 2020, 4:00 p.m.
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Today's Stories:
Bitcoin Rejected Near $7K Even as US Agrees $2T Stimulus Package
CasperLabs Pivots Away From Ethereum to Fundraise With Its Own Blockchain
8 US States Follow DHS in Naming 'Blockchain Managers' as Essential Employees in Coronavirus Crisis
Judge Halts Telegram Token Issuance in Injunction Requested by SEC
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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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Traders mull the bottom as bitcoin returns to week's lows below $86,000
One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.
What to know:
- Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
- Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
- One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.
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