Share this article
Bitcoin News Roundup for July 14, 2020
With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!
Updated Sep 14, 2021, 9:30 a.m. Published Jul 14, 2020, 4:00 p.m.
With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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 Volatility Metrics Are Like November 2018 All Over Again
Bitcoin is locked in a low-volatility squeeze similar to one seen ahead of a 40% price crash in November 2018. This time may be different.
Even the IRS Admits Some Crypto Tax Regulations Are 'Not Ideal'
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.
Crypto and Taxes 2020: Wednesday is this year's deadline for Americans to file their tax returns, and cryptocurrency users' obligations are as confusing as ever. This series of articles explores the complex issues facing digital asset investors.Read more:IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: WatchdogCrypto Taxes: Still Confused After All These YearsHodlers Can Donate Crypto to Charity to Minimize Tax PaymentsView on Flipboard
Bank of England Considering a Central Bank Digital Currency, Governor Says
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
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.
More For You
Crypto Pivots in Play: Bitcoin, Ether at Critical Junctures, XRP Probes $2 Support
ETH mirrors BTC's counter-trend consolidation as XRP probes key $2 support and SOL remains directionless
What to know:
- BTC and ETH continue counter-trend moves.
- XRP trades close to the pivotal $2 support.
- SOL's range play lingers.
Top Stories
