CoinDesk Monthly Review, January 2020

In our Quarterly Review at the end of 2019, we looked for metrics that signal two things: institutional participation in crypto assets and adoption of fundamental user narratives. January 2020 saw some metrics that are positive for both. The market for regulated bitcoin derivatives expanded rapidly; the case for bitcoin as “digital gold” got a brief boost from events in Iran. Crypto assets continue to offer global access to speculative instruments. However, so-called “exchange tokens” have failed to capture that narrative. Finally, one month in, the SEC is on pace for a banner year in enforcement. Download the full report here and sign up for our weekly newsletter, Institutional Crypto.

Cover slide of CoinDesk Research's quarterly review for January 2020; we look at metrics measuring bitcoin adoption, exchange tokens, SEC enforcement actions and top-performing crypto assets of January 2020.