Bitcoin News Roundup for July 31, 2020
With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.
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:
Bitcoin on Track for Highest July Price Gain in 8 Years
Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process.
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
The dollar index dropped to its lowest level since May 2018.
Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative
The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.
Bank of England Building Payments Network to Support a Potential Digital Pound
CoinDesk has learned the Bank of England's new settlement system is being built so it can be compatible with a digital currency.
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

What to know:
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- 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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Bitcoin, AI stock slide sees over $500 million in bullish bets wiped out

Data shows 181,893 traders were liquidated, with long positions accounting for over 87% of total losses.
Was Sie wissen sollten:
- Over $584 million in crypto positions were liquidated, primarily affecting long positions amid thin liquidity and fragile risk sentiment.
- Bitcoin and ether led the liquidations, with Binance, Bybit, and Hyperliquid accounting for nearly three-quarters of the total.
- The event is indicative the market's sensitivity to leverage, with volatility expected to remain high until spot demand strengthens.











