Share this article

Bitcoin News Roundup for July 17, 2020

With Binance expanding its miner ambitions and Thailand's CBDC seeing early use, CoinDesk's Markets Daily is back with another bitcoin news roundup.

Updated Sep 14, 2021, 9:32 a.m. Published Jul 17, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

With Binance expanding its miner ambitions and Thailand's CBDC seeing early use, CoinDesk's Markets Daily is back with another bitcoin news roundup.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today's Bitcoin News:

First Mover: Why Bitcoin Traders Couldn't Give a Sat About the Twitter Hack

Bitcoin barely moved on this week’s Twitter hack. Here's what analysts said about why the attack had so little effect on prices.

Binance Pool Poised to Grab More Bitcoin Mining Hashrate in Russia

Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region.

Thailand Already Using Central Bank's Digital Currency

Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months.

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

Protocol Research: GoPlus Security

GP Basic Image

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

Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

Cosa sapere:

  • Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
  • Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
  • BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.