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Video: Roundup of This Week's Bitcoin News 14th March 2014

Missed out on your digital currency news this week? Catch all the headlines you need to know.

Updated Sep 11, 2021, 10:32 a.m. Published Mar 14, 2014, 5:00 p.m.
News roundup

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Missed out on your digital currency news this week? Here are all the headlines you need to know:

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Mt. Gox files for bankruptcy protection in the US: the Japan-based bitcoin exchange has filed for Chapter 15 Bankruptcy protection in the United States. Chapter 15 bankruptcy is based on a UN model law that provides specific protections in cases of cross-border insolvency.

Developments on bitcoin regulations around the world: New York is now accepting applications for digital currency exchanges while Singapore is planning to regulate bitcoin exchanges and ATMs.

Huobi to start trading litecoin: the price of litecoin suddenly jumped when China's largest exchange Huobi said that it would start trading the cryptocurrency next week.

Xapo raises $20m for 'ultra-secure' bitcoin storage: California-based bitcoin security company Xapo has raised $20m, the second largest public funding in the bitcoin space, ever.

John Law's weekly roundup has been moved to Sunday.

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Protocol Research: GoPlus Security

GP Basic Image

Ano ang dapat malaman:

  • 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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Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.

Ano ang dapat malaman:

  • The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
  • A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
  • Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.