Bitcoin News Roundup for May 4, 2020
May the BTC be with you. It's CoinDesk's Markets Daily podcast.

May the BTC be with you this May the fourth. It's CoinDesk's Markets Daily podcast.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.
Today's stories:
Bitcoin Price May Drop After Halving, Historical Data Shows
Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M
US Court Dismisses Lawsuit Over Riot Blockchain's Crypto Pivot
US Senate Staffers Float Blockchain Voting if Chamber Goes Remote
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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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Gold wins the debasement trade in 2025, but it is not the full story

U.S. bitcoin ETF AUM fell less than 4% despite a 36% price correction from the October high.
What to know:
- Gold surged 65% in 2025, while bitcoin fell 7% after both assets were up roughly 30% through August.
- Bitcoin corrected 36% from its October all-time high, while U.S. spot bitcoin ETF holdings declined by only about 3.6%, from 1.37M BTC in October to roughly 1.32M BTC.
- Despite bitcoin underperforming gold on price, bitcoin exchange traded product flows outpaced gold ETP flows in 2025











