| January 3, 2020 | View in browser |
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Go Pro. This week, our pro newsletter took a look at open-interest in bitcoin futures hitting a 3-week high, the cryptocurrency hedge funds that are closing shop, and the class action lawsuits filed against some of the major players in crypto.
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This week in a nutshell
- On April 8th, the Bitcoin Cash blockchain had its first-ever halving. According to The Block, if the prices of BCH remain at the same level as they did in March, miners will only generate around $6.7 million from subsidies compared to the $13.34 million generated in March before the halving.
- On April 9th, Bitcoin SV had its first-ever halving.
- Paxful now allows it's users to sell bitcoin for gold and vice-versa.
- According to The Block, "bitcoin miners brought in an estimated $380.1 million during the month of March. That figure represents a 25% decline compared to February."
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Bitfinex has the most liquid Bitcoin and Ethereum pairs.
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