BitDigest January 27 · Issue #829

• Bitcoin back in $31,000 range as its total market dominance begins to weaken
• FinCEN has listened to the crypto crowd and extended the comment period for its unhosted wallet proposal another 60 days
• South Africa’s financial regulator is looking to increase their oversight of crypto in response to a recent exchange failure

Choppy Days Ahead

🅱️On Friday over $3.1 billion in bitcoin options, the largest number of BTC options to date, are scheduled to expire on market leading derivatives exchange Deribit so expect to see significant price movement as we end the business week.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem