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Bitcoin News Roundup for March 5, 2020

HTC makes a miner, gas powers a new bitcoin effort in New York, and BTC goes back up. It's the Markets Daily podcast from CoinDesk.

Updated Sep 14, 2021, 8:16 a.m. Published Mar 5, 2020, 5:00 p.m.
MD FEB 27 RELEASE

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Today's news:

Bitcoin Prints Bullish Price Pattern With Move Above $9K

A New York Power Plant Is Mining $50K Worth of Bitcoin a Day

HTC's New 5G Router Can Host a Full Bitcoin Node

After Court Victory, Indian Exchanges Gear Up for Crypto Trading Surge

Amendment to Special Reporting Act Passes – Cryptocurrency Now Fully Legal in South Korea

CoinDesk's Statement on Coronavirus and Blockchain Week NYC

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Protocol Research: GoPlus Security

GP Basic Image

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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Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde

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After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours.

알아야 할 것:

  • Bitcoin held in the $87,500 in U.S. afternoon action on Tuesday, up 2% over the past 24 hours.
  • K33 analyst Vetle Lunde suggested BTC's relative weakness to stocks this quarter could mean rebalancing-led buying once January rolls around.