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Bitcoin News Roundup for July 13, 2020

With BTC mining difficulty reaching a new record high, CoinDesk's Markets Daily is back with your bitcoin news roundup!

Updated Sep 14, 2021, 9:30 a.m. Published Jul 13, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

With BTC mining difficulty reaching a new record high, CoinDesk's Markets Daily is back with your bitcoin news roundup!

STORY CONTINUES BELOW
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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:

Drop in Bitcoin 'Whale' Addresses Suggests Market May Be Decentralizing

The number of bitcoin addresses holding at least 10,000 coins has dropped to a 14-month low alongside an uptick in lower-value addresses.

Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving

Two months after the network's halving event, it's harder than ever to mine bitcoin.

Crypto Long & Short: Dogecoin, Market Manipulation and the Downside of a Coinbase IPO

Noelle Acheson explains how the dogecoin rise exemplifies the creative destruction underway in markets, and what a potential Coinbase listing could mean for the development of crypto.

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

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Protocol Research: GoPlus Security

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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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State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026

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The fund will run on Solana at launch and use PYUSD.

What to know:

  • State Street and Galaxy plan to launch SWEEP in early 2026, using PYUSD for around-the-clock investor flows on Solana.
  • Ondo Finance committed about $200 million to seed the tokenized liquidity fund, which will later expand to other chains.
  • The firms say the product brings traditional cash-management tools onto public blockchains for qualified institutions.