Bitcoin News Roundup for April 30, 2020
Here comes the BTC price bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast.

Here comes the BTC bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast.
Today's stories:
Bitcoin Options Trading Volumes Surge as Price Moves Above $9.4K
Coinbase Suffers Temporary Outage as Bitcoin Soars as High as $8,900
Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors
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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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Gold, silver shine in debasement trade as bitcoin is left behind

JPMorgan analysts in October said investors betting on currency devaluation would lift precious metals and bitcoin, but only one of those trades has worked.
What to know:
- Bitcoin's price dropped 30% from its October record while gold and sliver rally.
- Analysts suggest bitcoin's weakness is linked to its association with risky assets and structural selling by long-term holders.
- Historical trends indicate BTC could rally after gold's peak, with a potential catch-up expected in 2026.










