Bitcoin ETF Adoption Slowed Down & Major Token Unlocks in February

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El Salvador's President Nayib Bukele is set to secure a second term in office with an overwhelming victory in the recent presidential election. Exit polls showed him winning with more than 85% of the votes. During Bukele's first term, he made El Salvador the first country to adopt Bitcoin as legal tender and began purchasing Bitcoin as an investment. Looks like El Salvador’s pro-Bitcoin policies are set to continue… Meanwhile, here are today’s top stories: • Nayib Bukele on track to secure a second term as El Salvador’s president 🇸🇻 • Bitcoin spot ETF adoption slowed down by due diligence processes 🐌 • Two school staff in California charged for operating a crypto mining farm 🏫 • Epic Games to list Web3 first-person shooter game ‘Shrapnel’ 🎮 • $800M in token unlocks and airdrops expected in February 🔓 Let's dive into those stories!   El Salvador's Pro-Bitcoin President Eyes Second Term As exit polls suggest a commanding lead for Nayib Bukele's party, Nueva Ideas, in El Salvador's presidential elections, questions arise about the constitutional controversy surrounding his bid for a second term. Bukele, a fervent supporter of Bitcoin, has brought international attention to El Salvador through various crypto initiatives. The results hint at a potential continuation of Bukele's presidency, but challenges regarding re-election eligibility loom. Will Bukele secure a second term, and what could this mean for El Salvador's crypto-friendly agenda? Explore all details and [read more](~/AAQRxQA~/RgRno076P0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZWwtc2FsdmFkb3JzLW5heWliLWJ1a2VsZS1zZXQtdG8tYmUtcmUtZWxlY3RlZC1mb3Itc2Vjb25kLXRlcm0tYXMtcHJlc2lkZW50P2xpZD01OTNsMnQ1MHJkaHVXA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc).   Bloomberg: Bitcoin Spot ETF Adoption Slowed Down by Due Diligence Major trading platforms, including LPL Financial Holdings ($1.4 trillion in assets), are taking a cautious approach to the recent wave of spot Bitcoin exchange-traded funds (ETFs). LPL Financial is conducting thorough due diligence, evaluating factors like potential closures for ETFs that don't gather significant assets. This careful approach mirrors a broader industry trend, raising questions about the challenges and considerations in the adoption of Bitcoin ETFs. [Click here](~/AAQRxQA~/RgRno076P0R7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYmxvb21iZXJnLWJpdGNvaW4tc3BvdC1ldGYtYWRvcHRpb24tc2xvd2VkLWRvd24tYnktZHVlLWRpbGlnZW5jZT9saWQ9Z2Zvcjd0NXJzOGlnVwNzcGNCCmW6-snAZaOtoQ1SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) to uncover more.   [CMC Live: Weekly Crypto Forecast](~/AAQRxQA~/RgRno076P0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzMxMjcyMzMvP2xpZD11eW9xZnNiNHluc21XA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Monday, 5 Feb on 3PM UTC CMC-Community Live: Weekly Crypto Forecast Kick off your week with our CMC Live, where we unveil essential highlights that are a must-watch for the week ahead! [JOIN US SOON](~/AAQRxQA~/RgRno076P0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzMxMjcyMzMvP2xpZD1rMmdxNGIyYjAzNjVXA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   DOJ Busts School Duo for Secret Crypto Mining Operation Two senior staff members of a California school district, Jeffrey Menge and Eric Drabert, face charges from the U.S. Department of Justice for allegedly operating a cryptocurrency mining operation on school premises. The duo is accused of using school resources and electricity to establish a crypto mining farm, without specifying the number of schools involved or the cryptocurrency mined. Want to know more about this unusual case? [Click here](~/AAQRxQA~/RgRno076P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdXMtZG9qLWNoYXJnZXMtMi1zY2hvb2wtc3RhZmYtZm9yLW1pbmluZy1jcnlwdG8taW4tc2Nob29sLWRpc3RyaWN0P2xpZD12cXhkeXp6ZnBwd2hXA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) for the full details.   And here comes our Word of the Day… It’s “[Mining](~/AAQRxQA~/RgRno076P0RCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2dsb3NzYXJ5L21pbmluZz9saWQ9eGI3Z2psN2lvN2pzVwNzcGNCCmW6-snAZaOtoQ1SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)”! Cryptocurrency mining is a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new Bitcoin and *some* altcoins are created. Mining new Bitcoin requires miners to solve a cryptographic puzzle called the hash function. The first miner to do this successfully wins a reward called the mining reward and can add transactions into a new block on the blockchain. How does Bitcoin mining work? Is Bitcoin mining profitable? And how do you start Bitcoin mining? [Read more](~/AAQRxQA~/RgRno076P0RCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2dsb3NzYXJ5L21pbmluZz9saWQ9bWpzZHY2c2FnaW55VwNzcGNCCmW6-snAZaOtoQ1SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Epic Games Will List Web3 Shooter Game ‘Shrapnel’ Epic Games Store introduces 'Shrapnel,' a first-person shooter crypto game set in a dystopian world. Competing with blockchain gaming giants like 'Star Atlas' and 'Illuvium' on the same platform, 'Shrapnel' is taking a unique approach to community engagement during its early access phase. Neon Machine, the studio behind the game, is committed to customization, allowing players to shape characters, weapons, and in-game maps. With $37.5 million in funding, 'Shrapnel' aims to make a mark in the blockchain gaming space. [Explore the future](~/AAQRxQA~/RgRno076P0R3aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXBpYy1nYW1lcy13aWxsLWxpc3Qtd2ViMy1maXJzdC1wZXJzb24tc2hvb3Rlci1nYW1lLXNocmFwbmVsP2xpZD00NWg1MnM3cHF2eHRXA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) of gaming on the Epic Games Store with 'Shrapnel'—will it redefine the gaming landscape?   [[ratio] Â](~/AAQRxQA~/RgRno076P0QraHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1HR2NNaFJpWk9jVVcDc3BjQgpluvrJwGWjraENUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) CoinMarketCap DexScan Tutorial! [WATCH NOW](~/AAQRxQA~/RgRno076P0Q8aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1HR2NNaFJpWk9jVSZsaWQ9aXlocGowOTJhaXg5VwNzcGNCCmW6-snAZaOtoQ1SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   Major Unlocks From Avalanche, Aptos, Optimism and More As February unfolds, the crypto market anticipates significant token unlocks and airdrops from major projects, injecting millions of dollars' worth of tokens into circulation. Notable releases include Aptos (APT), The Sandbox (SAND), Avalanche (AVAX), and Optimism (OP), each unlocking substantial amounts. What impact will these events have on the market dynamics and the individual projects? [Explore the details](~/AAQRxQA~/RgRno076P0SDaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9sbGFyODAwbS1pbi11bmxvY2tzLWZyb20tYXZhbGFuY2hlLWFwdG9zLW9wdGltaXNtLWFuZC1tb3JlLWluLWZlYnJ1YXJ5P2xpZD1wemNhdWNuaWppMHNXA3NwY0IKZbr6ycBlo62hDVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) of these token unlocks and airdrops in the coming weeks to stay informed about the evolving crypto landscape.   And that concludes our newsletter today. 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