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CBOE Withdraws Bitcoin ETF Application

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Welcome to the 30th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypt
 

Quantamize

January 25 · Issue #30 · View online
Quantamize Cryptocurrency Weekly Recap

Welcome to the 30th issue of the QUANTAMIZE WEEKLY CRYPTO RECAP, your weekly roundup of all the crypto news you need to know. At Quantamize, we are seeking to level the playing field for individual investors with AI-powered Multi-Factor models across multiple asset classes, including Cryptocurrencies. If you have any feedback on this weekly report please send us a note at suggestions@quantamize.com.

Every day at Quantamize, we track the top stories that affect cryptocurrencies and the emerging blockchain ecosystem. At the end of the week, we review all the news to give you a clear picture of what was most important.


Quantamize Weekly Crypto Recap
Quantamize - Weekly Crypto Review January 25, 2019
New ETF Products:
We have begun to roll out our new suite of cutting-edge ETF research products! Click the link to fill out a quick 5 question survey to help us make it the best it can be: http://bit.ly/etf-survey
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The Week in Review
Cryptocurrencies are set to finish the week mostly lower with the price of Bitcoin (BTC) down 1.47% in the last 7 days as the benchmark coin trades around the USD$3,600 price level. TRON (TRX) moved against the broad crypto market this week, posting gains of nearly 8% to trade at USD$0.026971. IOTA (MIOTA) fell the most among major cryptocurrencies this week, down 6.5% since last Friday to USD$0.291103. Additionally, Binance Coin’s (BNB) 2.5% gain on the week drove the coin to flip MIOTA and become the 12th largest cryptocurrency by market capitalization.  

In crypto news this week, the Chicago Board Options Exchange (CBOE) withdrew its request for a US SEC rule change that would have effectively allowed the listing of a BTC ETF. CBOE cited the government shutdown derailing talks with regulators as reasoning for the request withdrawal. Also this week, researchers at MIT have reportedly developed a cryptocurrency that they claim requires 99% less data through the transaction verification process. The cryptocurrency, dubbed Vault, is set to be unveiled at next month’s Network and Distributed System Security Symposium. Finally, Business Insider published an unconfirmed report that Mike Novogratz’s Galaxy Digital is raising USD$250mm in funding to launch a crypto loans business.  

Of the 30 cryptocurrencies we model using AI and Machine Learning, 10 are positive for the week. Currently, 11 cryptocurrencies modeled by our Machine Learning algorithms are rated as “Buy”. Nearly all of these models have accuracy scores above 60%!

If you’re a cryptocurrency trader, Quantamize’s AI Machine Learning 3-Day Crypto Trading Signals were updated twice this week, most recently today. We model 30 cryptocurrencies and produce directional “Buy”/“Do Not Own” trading signals that help cryptocurrency traders navigate the crypto markets over the short term. You can find a screenshot of our Crypto Signals below. A few highlights include:

  • Bitcoin (BTC) –Do Not Own with an accuracy rate of 63.32%
  • Bitcoin Cash (BCH) – Do Not Own with an accuracy rate of 67.35%
  • EOS (EOS) - Do Not Own with an accuracy rate of 61.01%
  • Ethereum (ETH) – Do Not Own with an accuracy rate of 61.11%
  • Ethereum Classic - Do Not Own with an accuracy rate of 65.32%
  • Litecoin (LTC) – Do Not Own with an accuracy rate of 64.76%
  • Ripple (XRP) – Buy with an accuracy rate of 63.20%

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Quantamize Weekly Crypto Headlines Recap
Crypto Thursday: Transactions Volume vs. Sent From Addresses for Top Cryptocurrencies
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The Man Behind Two Gold ETFs Says This About Bitcoin
World Economic Forum - Bitcoin’s Environmental Impact
BOE Adviser - Cryptocurrencies Fail Fundamental Tests
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