Bitcoin News Roundup for April 7, 2020
Crypto beats traditional markets while a COVID-19 vaccine enters human trials. It's CoinDesk's Markets Daily podcast.

Crypto beats traditional markets while a COVID-19 vaccine enters human trials. It's CoinDesk's Markets Daily podcast.
Today's Stories:
Up 3%: Bitcoin Leaves S&P 500 Behind in Year-to-Date Recovery
Germany's Crypto Custody Law Hits a Snag: Startups Can't Get Bank Accounts
China Will 'Undoubtedly' Pursue Digital Yuan, Central Bank Says
Nestlé Partners With Rainforest Alliance to Trace Coffee Beans
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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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Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles

The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.
What to know:
- STRD’s credit spread versus the U.S. 10-year Treasury narrowed to a new low on Friday.
- Strategy sold $82.2 million of STRD through its ATM program in the week ended Dec. 14, the largest weekly issuance since launch.
- Historical ATM data shows STRD has recently dominated preferred issuance among Strategy’s offerings.










