Share this article
Bitcoin News Roundup for March 11, 2020
Bitcoin falls while the Escobar Fold 2 confuses the heck out of us. It's CoinDesk's Markets Daily Podcast.
By John Biggs
Updated Dec 11, 2022, 2:07 p.m. Published Mar 11, 2020, 4:00 p.m.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Today's Stories:
Bitcoin Options Saw Record Volume of $198M Amid Recent Price Drop
The Cryptocurrency Act of 2020 Is 'Dead on Arrival,' Washington Tells Sponsors
Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain
2 Arrested in Japan for Obtaining Crypto Linked to Coincheck's $530 Million Hack
The Escobar phone is a Samsung Galaxy Fold with a sticker on ithttps://knapsack.news/2020/03/11/the-escobar-phone-is-a-samsung-galaxy-fold-with-a-sticker-on-it/
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.
More For You
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.
Top Stories
