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Bitcoin News Roundup for March 25, 2020

In this episode of CoinDesk's Markets Daily, crypto investment goes up while BTC price bumps up against $7K.

Updated Sep 14, 2021, 8:22 a.m. Published Mar 25, 2020, 4:00 p.m.
MD FEB 27 RELEASE

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Today's Stories:

Bitcoin Rejected Near $7K Even as US Agrees $2T Stimulus Package

CasperLabs Pivots Away From Ethereum to Fundraise With Its Own Blockchain

8 US States Follow DHS in Naming 'Blockchain Managers' as Essential Employees in Coronavirus Crisis

Judge Halts Telegram Token Issuance in Injunction Requested by SEC

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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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Bitcoin slides with ether and XRP as market tests $3 trillion floor

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BTC's weak tone contrasted with moderate gains in major Asian equity indices, which drew strength mostly from expectations of fiscal stimulus.

What to know:

  • Crypto markets continued to decline, with overall capitalization falling below $3 trillion for the third time in a month.
  • Large-cap assets, particularly those with ETF exposure, are experiencing selling pressure as institutional investors reassess risk.
  • Bitcoin's decline contrasts with gains in major Asian equity indices, which are buoyed by expectations of fiscal stimulus from Beijing.