Bitcoin News Roundup for April 16, 2020
Bitcoin did something weird last night and Facebook pulls back on stablecoin plans. It's CoinDesk's Markets Daily podcast.

Bitcoin did something weird last night and Facebook scales back its stablecoin plans. It's CoinDesk's Markets Daily podcast.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
Today's stories:
Bitcoin Price Spikes Above $7.1K, Liquidating $23 Million on BitMEX
This App Tracks the Impact of Your Donation to Combat Coronavirus
Mystery Hacker Tries to Steal Crypto Through Fake Google Chrome Wallet Extensions
Libra Scales Back Global Currency Ambitions in Concession to Regulators
When the barbers are all closed, you're quarantined at home and bored af.
— Claire Behind The Hair Blue Tick (@urmumsausername) April 15, 2020
😁😁🎶🎶👍👍🎶🎶😁😁 pic.twitter.com/RuNppD8Dye
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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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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DOGE exits range as selling pressure builds at key levels

The $0.1310–$0.1315 zone is now a resistance area, with further downside likely if volume remains high on declines.
What to know:
- Dogecoin fell 5% after the Federal Reserve's rate cut, as traders reacted to cautious guidance and internal disagreements on future easing.
- The memecoin broke below the $0.1310 support level, confirming a bearish shift with increased trading volume.
- The $0.1310–$0.1315 zone is now a resistance area, with further downside likely if volume remains high on declines.











