Tough Month for Crypto: Headline Highlights

Its been a rough month in the cryptocurrency space. Here's a recap of some of the biggest headlines that have contributed to the market dip.

1. Dec 19
   • Coinbase lists Bitcoin Cash on exchange
2. Jan 3
   • Rumor that China may limit electricity usage for Bitcoin mining
3. Jan 8
   • CoinMarketCap removes South Korea from tracking
4. Jan 15
   • Guardian tells its readers to not invest in Bitcoin
   • China to block access to crypto exchanges
5. Jan 16
   • Rumors that Germany/France will push for cryptocurrency regulatory discussions at G20 Summit
   • Bitconnect pyramid scheme is shut down
6. Jan 17
   • Bitcoin Futures from CME and CFE expiring Jan 17 and Jan 26
7. Jan 22
   • South Korea bans anonymous crypto traders
8. Jan 30
   • Facebook banning crypto advertisements
   • U.S. Regulators subpoena Tether/Bitfinix
9. Feb 1
   • India wants to end use of cryptocurrency in illegitimate activities
   • Banks now process crypto purchases as cash advance with fees
10. Feb 2
    • Major US banks block crypto purchases using credit cards
11. Feb 4
    • China to block use of international exchanges

Fortunately the market is resilient and will recover in time. My guess is the Bitcoin Futures that expired on Jan 17 contributed to a lot of the headlines leading up to the date while the subsequent headlines are a consequence of the turbulence that initial crash caused.

Please let me know if you have any questions.

Thanks for reading!