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Bitcoin News Roundup for May 12, 2020
With the third Bitcoin halving in the rearview mirror, Markets Daily is back with your bitcoin news roundup for a look at price movements, problematic privacy and more...
Updated Dec 11, 2022, 7:27 p.m. Published May 12, 2020, 4:22 p.m.
With the third Bitcoin halving in the rearview mirror, Markets Daily is back with your bitcoin news roundup for a look at price movements, problematic privacy and more...
STORY CONTINUES BELOW
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This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
Today's stories:
Third Halving Turns Out to Be Non-Event for Bitcoin's Price
The Problem With Money Is 'Too Much Privacy,' Says Ex-US Treasury Secretary Summers
Trust No Dapp: Chainlink Launches Oracle for Provable Randomness
UAE Bank Opens Bangladesh Remittance Corridor Using Ripple's Blockchain Tech
For early access to our bitcoin news roundup before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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- 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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Fear and Greed Index in Fear 30% of the Past Year, Bitcoin Back in Extreme Fear
The latest death cross in November has so far marked a bottom of around $80,000, aligning with prior examples this cycle.
What to know:
- Over the past year, fear or extreme fear has accounted for more than 30% of all readings on the Crypto Fear and Greed Index.
- The index currently stands at 17, firmly within the extreme fear section.
- With bitcoin currently trading nearly 30% below its all time high, investor caution remains elevated.
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