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Bitcoin News Roundup for March 17, 2020

NFTs for sale on Gemini, market muddles and a blockchain for toilet paper? It's CoinDesk's Markets Daily.

Updated Sep 14, 2021, 8:20 a.m. Published Mar 17, 2020, 4:00 p.m.

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Today's Stories:

Corona Virus got our school CANCELED so my mom called a meeting pic.twitter.com/r5j17FjfZj
— TyBott (@TyBottOfficial) March 14, 2020

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Protocol Research: GoPlus Security

Nov 14, 2025

Commissioned byGoPlus

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.

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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

4 hours ago

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.

What to know:

Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.