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Bitcoin News Roundup for March 10, 2020
Bitcoin price goes up along with traditional markets while hackers hack hackers. Welcome to CoinDesk's Markets Daily Podcast.
By John Biggs
Updated Sep 14, 2021, 8:18 a.m. Published Mar 10, 2020, 4:00 p.m.
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Today's news:
Bitcoin Back Over $8K as Traditional Markets Rebound
Kraken Exchange Pledges India Expansion as Nation Reopens for Crypto Business
Pitch Deck Says Solana Is Courting Dish Network, Kik for Its 'Web-Scale' Blockchain
Hackers are targeting other hackers by infecting their tools with malware
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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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
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- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Here’s why bitcoin’s is failing its role as a 'safe haven' versus gold
Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash.
What to know:
- During recent geopolitical tensions, Bitcoin lost 6.6% of its value, while gold rose 8.6%, demonstrating bitcoin's vulnerability in times of market stress.
- Bitcoin behaves more like an "ATM" during uncertain times, with investors quickly selling it to raise cash, contrary to its reputation as a stable digital asset.
- Gold remains the preferred hedge for short-term risks, while bitcoin is better suited for long-term monetary and geopolitical uncertainties that unfold over years.
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