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Bitcoin News Roundup for April 23, 2020
Bitcoin is going around and around while Italy uses the blockchain to prevent fake news. It's CoinDesk's Markets Daily podcast.
Updated Sep 14, 2021, 8:32 a.m. Published Apr 23, 2020, 4:00 p.m.
Bitcoin is going around and around while Italy uses the blockchain to prevent fake news. It's CoinDesk's Markets Daily podcast.
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Today's stories:
First Mover: Bitcoin Catches Almighty Dollar Even During 2020's Dash for Cash
Starbucks, McDonald's Among 19 Firms to Test China's Digital Yuan: Report
Openfinance Warns It Will Delist All Security Tokens Without New Funds
Italy's Leading Wire Service Is Using Ethereum to Thwart Copycats
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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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Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast
Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously.
What to know:
- Bitcoin’s roughly 36% slide from its Oct. 6 peak has been steep, but it remains within expected bounds, according to analyst Geoff Kendrick.
- Further corporate buying via bitcoin digital asset treasury firms is unlikely as their valuations no longer justify expansion.
- He slashed his year-end outlooks for bitcoin, now seeing $500,000 as being hit in 2030 versus 2028 previously.
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