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Bitcoin News Roundup for April 20, 2020

Bitcoin volatility points to big things to come while hackers drain $25 million overnight. It's CoinDesk's Markets Daily Podcast.

Updated Sep 14, 2021, 8:31 a.m. Published Apr 20, 2020, 4:00 p.m.
MD FEB 27 RELEASE

Bitcoin volatility points to big things coming while a DeFi protocol loses $25 million overnight. It's CoinDesk's Markets Daily Podcast.

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Today's stories:

Bitcoin Volatility at 3-Month Low as Market Awaits Big Price Move

Russians Withdrew a Year's Worth of Cash in a Month Over Coronavirus Fears

Bitcoin ATMs Expand Despite Shelter-in-Place Rules

Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto

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Protocol Research: GoPlus Security

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  • 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 Holds Near $92K as Selling Cools, but Demand Still Lags

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ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher.

Lo que debes saber:

  • Bitcoin markets in Asia are stabilizing but remain structurally weak, with short-term holders dominating supply.
  • U.S. ETF flows have shown signs of stabilization, but on-chain activity remains near cycle lows, indicating weak capital inflows.
  • Bitcoin and Ether have seen price recoveries driven by spot demand and improved sentiment, while gold is supported by U.S. labor data and Fed rate cut expectations.