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BitcoinNews.com Daily Podcast 3rd January 2019: CME In Control, Crypto Hedge Funds Floundering
Manage episode 224466390 series 2417854
On this edition of the BitcoinNews.com Daily Podcast we discuss how Bitcoin failed to break through the USD 3,900 level despite a harsh day on the stock market, likely because CME Bitcoin futures traders took out shorts for the month at this level. In other news, Mike Novogratz now owns 80% of Galaxy Digital's stock, and his recent stock purchase perhaps saved it from a delisting. Most crypto hedge funds are experiencing severe losses due to the 2018 crypto bear market.
--- Support this podcast: https://podcasters.spotify.com/pod/show/bitcoinnewscom/support164 tập
Manage episode 224466390 series 2417854
On this edition of the BitcoinNews.com Daily Podcast we discuss how Bitcoin failed to break through the USD 3,900 level despite a harsh day on the stock market, likely because CME Bitcoin futures traders took out shorts for the month at this level. In other news, Mike Novogratz now owns 80% of Galaxy Digital's stock, and his recent stock purchase perhaps saved it from a delisting. Most crypto hedge funds are experiencing severe losses due to the 2018 crypto bear market.
--- Support this podcast: https://podcasters.spotify.com/pod/show/bitcoinnewscom/support164 tập
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