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Bitcoin News Roundup for April 21, 2020
Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.
Por John Biggs
Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.
STORY CONTINUES BELOW
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Todays stories:
Bitcoin Under Pressure After Oil Prices Crash to Record Lows
dForce Hacker Returns Almost All of Stolen $25M in Crypto
European Contact Tracing Consortium Faces Wave of Defections
Big Tech Signs Rare Open Source Pledge During Coronavirus
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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