Bitcoin News Roundup for Thursday, April 9, 2020
Bitcoin is back above $7,100 and we ask what will happen when the halving comes.It's CoinDesk's Markets Daily podcast.

Bitcoin
Today's Stories:
First Mover: Bitcoin Cash's Halving Was Dull – Bitcoin's May Be Much the Same
Bitcoin's Bull Case Strengthens After Breaching Price Hurdle at $7.1K
Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown
Bitcoin Miner Maker Canaan Lost $148M in 2019
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Protocol Research: GoPlus Security

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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XRP Slides as Traders Take Bitcoin Profits, With ETF Flows Still Strong

Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.
What to know:
- XRP fell from $2.09 to $2.00, marking a 4.3% decline and underperforming the broader crypto market.
- Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.
- Despite ETF inflows, XRP struggles to break the $2.09–$2.10 resistance, maintaining a tight trading range.











