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Bitcoin News Roundup for March 12, 2020
Coronavirus is changing fintech as we know it while Magic Leap crashes. This is CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:18 a.m. Published Mar 12, 2020, 4:00 p.m.
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STORY CONTINUES BELOW
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Today's Stories:
Bitcoin Hits 10-Month Low Below $6K Alongside Stock Markets Plunge
As NY Fed Promises More Cash, What Will Christine Lagarde Do?
New York Crypto Companies Move to 'Work From Home' in Face of Rising COVID-19 Threat
Bitcoin Users Are Funding a DIY Coronavirus Vaccine
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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- 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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BlackRock's Bitcoin ETF a true rarity: massive inflows even with negative performance
"If you can do $25 billion in bad year, imagine the flow potential in good year," said Bloomberg's Eric Balchunas
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- BlackRock's spot bitcoin ETF (IBIT) is sixth in ETF inflows in 2025 despite posting a negative return.
- IBIT even took in more money than the leading gold ETF (GLD) despite that fund gaining 65% this year.
- "Boomers putting on a HODL clinic," wrote Bloomberg's Eric Balchunas.
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