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Bitcoin News Roundup for March 23, 2020

TEZOS dumped BTC and a clever hack to survive Zoom meetings. It's CoinDesk's Markets Daily Podcast.

Updated Sep 14, 2021, 8:21 a.m. Published Mar 23, 2020, 4:05 p.m.
MD FEB 27 RELEASE

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Today's Stories:

Bearish 'Death Cross' Price Patterns Loom for Both Bitcoin and US Stocks

Tezos Foundation Offloaded Millions of Dollars Worth of Bitcoin in 2019: Report

Fed Stands Ready to Replace Infected Greenbacks With Clean Bills

SEC Charges Former State Senator Over Digital Asset 'Scam'

arkadiyt/zoom-redirector: Zoom Redirector is a browser extension that transparently redirects any meeting links to use Zoom's browser based web client.

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

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Bitcoin pushes above $90,000 as traders eye change in pattern

A Wall Street banks's take on crypto. (Midjourney/Modified by CoinDesk)

Particularly hard-hit in 2025's final sessions, crypto-related stocks are bouncing in this year's first trading day.

What to know:

  • Bitcoin rose above $90,000 during U.S. trading hours on Friday.
  • It's a notable change in trend, as crypto prices late in 2025 were typically on the defensive while American stocks traded.
  • Strategy, Coinbase, Hut 8 and Galaxy Digital were among the crypto-related stocks seeing strong gains.