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Bitcoin News Roundup for July 22, 2020

With the price of BTC taking a breather following Tuesday's jump, CoinDesk's Markets Daily is back with another bitcoin news roundup.

Updated Sep 14, 2021, 9:34 a.m. Published Jul 22, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

With the price of BTC taking a breather following Tuesday's jump, CoinDesk's Markets Daily is back with another bitcoin news roundup.

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This episode is sponsored by Bitstamp and Crypto.com.

Today's Bitcoin News:

First Mover: This DeFi-Ready Token Is Teaching Crypto Traders to Cherish Inflation

An update on bitcoin price action, courtesy of CoinDesk's Omkar Godbole.

Bitcoin 'Active Entities' at Highest Since 2017 Bull Run

The on-chain metric suggests bitcoin is garnering users despite the cryptocurrency’s extended period of comatose price action.

China's Blockchain Infrastructure to Extend Global Reach With Six Public Chains

China’s blockchain infrastructure BSN will expand its global reach by integrating with six major public chains including Tezos, NEO, Cosmos’ Irisnet, Nervos, Ethereum and EOS. Developers using these blockchains will be able to run nodes and build dapps in the network.

Blockchain Bites: China's BSN Integrations and Satoshi's Newfound Wealth

Ethereum Classic supporters are ditching the project, top exchanges are developing "Travel Rule" solutions and, FYI, YFI might have a backdoor.

China's Supreme Court Calls For Better Protection Over Digital Currencies CoinDesk

A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin.

Korean Government Proposes Tough New 22% Tax on Crypto Trading

Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.

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

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.

Sizin için daha fazlası

Zcash Floats Dynamic Fee Plan to Ensure Users Won’t Be Priced Out

(Christian Dubovan/Unsplash, modified by CoinDesk)

ZEC zoomed 12% amid the fee discussion, beating gains across all major tokens.

Bilinmesi gerekenler:

  • A new proposal by Shielded Labs suggests a dynamic fee market for Zcash to address rising transaction costs and network congestion.
  • The proposed system uses a median fee per action observed over the prior 50 blocks, with a priority lane for high-demand periods.
  • The changes aim to maintain Zcash's privacy features while avoiding complex protocol redesigns.