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MARKETS DAILY: Crypto News Roundup for Jan. 28, 2020

Bitcoin rallied to near $9,150 as stocks dropped over Coronavirus fears, plus IBM's new "Self-Aware Token" approach.

Updated Dec 6, 2022, 6:28 p.m. Published Jan 28, 2020, 5:00 p.m.
markets daily adam john

Bitcoin rallied to near $9,150 as stocks dropped over Coronavirus fears, plus IBM's new "Self-Aware Token" approach. 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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Today's roundup:

Bitcoin Rallies to Near $9,150 as Stocks Drop Over Coronavirus Fears

British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout

Ukraine Plans to Track Suspicious Crypto Transactions Above $1,200

Deutsche Bank Says Digital Currencies Could Be Mainstream in 2 Years

IBM Awarded Patent for 'Self-Aware Token'

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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.

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Galaxy Digital’s head of research explains why bitcoin’s outlook is so uncertain in 2026

Bitcoin Logo (modified by CoinDesk)

Galaxy Digital’s Alex Thorn says options markets, falling volatility and macro risks make next year hard to forecast even as the firm keeps a bullish long-term view.

알아야 할 것:

  • Galaxy Research, the research arm of Galaxy Digital (GLXY), says overlapping macroeconomic and market risks make bitcoin unusually difficult to forecast in 2026.
  • The firm says that options pricing and volatility trends indicate that bitcoin is maturing into a more macro-like asset, rather than a high-growth trade.
  • Galaxy maintains a long-term bullish outlook, projecting that bitcoin could reach $250,000 by the end of 2027.