Friday, January 17, 2020

Another Bitcoin ETF Withdraw 🚫

January 17, 2020 View in browser
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Go Pro. This week, our pro newsletter dove into the current status of Craig Wright's lawsuit, the launch of CME's, FTX's, and OKex's bitcoin options product, and the legalization of blockchain-based records by the Illinois government.


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This week in a nutshell

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  • Bitwise has withdrawn its bitcoin ETF proposal. 
  • CME bitcoin options saw more volume on their opening day—55 contracts valued at $2.1 million—than Bakkt did in its first week.
  • Tuesday, January 14, 2020, was the busiest day in the crypto-derivatives market since October 26, 2019—with about $25 billion being traded.
  • In 2019, blockchain analytics firm ChainAnalysis traced $2.8 million from "criminal entities" to cryptocurrency exchanges.
  • In 2019, a total of $968,504 in bounty money was distributed by blockchain and cryptocurrency companies through the bug bounty platform Hacker One.
  • Bitcoin SV has become a top-five cryptocurrency by market cap.

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