Daily Podcast 3rd January 2019: CME in Control, Crypto Hedge Funds Flounder

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Listen to the 3 January 2019 Daily Podcast below.

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On this edition of the Daily Podcast, we discuss how Bitcoin failed to break through the USD 3,900 level despite a harsh day on the stock market, possibly 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.

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