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Bitcoin News Roundup for Aug. 11, 2020
With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your news roundup!
Yazan Adam B. Levine, Lyllah Ledesma
With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's stories:
Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K
Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset.
MicroStrategy Buys $250M in Bitcoin, Calling the Crypto 'Superior to Cash'
Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy.
After Tumultuous Election, Belarus Goes Offline
Internet is down in Belarus as people are protesting the results of the nation's presidential election.
Blockchain to Play 'Essential Role' in Farming Supply Chains, Says US Government
An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector's supply chains.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
Sizin için daha fazlası
Bilinmesi gerekenler:
- 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.
Sizin için daha fazlası
Filecoin slides 5% alongside major decline in broader crypto market
FIL dropped to $1.24 as the technical breakdown accelerated on heavy volume, 380% above average.
Bilinmesi gerekenler:
- FIL declined sharply as crypto markets fell across the board on Monday.
- Volume surged to 11.7 million during the decisive breakdown
- Technical momentum accelerated downward with three consecutive lower lows confirmed.
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