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Wednesday, January 20, 2021

CryptoCurrency News: Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ



The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency.

via CoinDesk

CryptoCurrency News: Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review



Crypto advocates, fiercely opposed both the proposed rule and the initial attempt by the previous administration to rush it through.

via CoinDesk

CryptoCurrency News: ‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens



Turns out the "no inflation" meme may not be here to stay.

via CoinDesk

CryptoCurrency News: Bitcoin Sells Off on Bearish Sentiment, Yellen Worries



The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

via CoinDesk

CryptoCurrency News: The Relationship Between US Government Debt and Bitcoin, Explained



Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

via CoinDesk

CryptoCurrency News: Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud



The company shed $130 million in value after J Capital’s report.

via CoinDesk

CryptoCurrency News: BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures



The world's largest asset manager appears to be getting into the bitcoin game.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bitcoin Bubble, Toil and Trouble



Also: "Market professionals" think assets are overheating while Yellen voices concern over bitcoin.

via CoinDesk

CryptoCurrency News: Dear Crypto Derivatives Industry, Let’s Not Repeat 2008



As the crypto derivatives industry begins to take off, it needs to avoid the lack of transparency that plagued the industry in the 2000s, when the financial system collapsed.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 20, 2021



With the price of BTC down and a new report out on the decrease in criminal crypto activity, CoinDesk’s Market’s Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global



Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.

via CoinDesk

CryptoCurrency News: Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals



Users can select any investment in their Bitpanda account to fund payments with the physical Visa card.

via CoinDesk

CryptoCurrency News: Salesforce, Lime Execs Join Board of Polkadot-Inspired Cere Network



Cere’s new board members don’t want a “half-assed approach” to enterprise blockchain.

via CoinDesk

CryptoCurrency News: Privacy Coin Firo Currently Experiencing 51% Attack



Users should not make transactions at this time.

via CoinDesk

CryptoCurrency News: First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High



The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.

via CoinDesk

CryptoCurrency News: Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute



The Series B will fund a push into Asia and the launch of a derivatives business.

via CoinDesk

CryptoCurrency News: Thai SEC Tells Bitkub Crypto Exchange to Improve Platform After Trading Outages



The financial regulator ordered the Bitkub exchange to close and fix issues that caused several outages as prices spiked this month.

via CoinDesk

CryptoCurrency News: European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro



The digital euro project may get underway in mid-2021 after a period of reviewing any "policy, legal and technical questions" by the two institutions.

via CoinDesk

CryptoCurrency News: Valid Points: Why Ethereum 2.0 Shifts How Investors Value ETH



The use case of ether has shifted with the launch of Ethereum 2.0. Here’s why that matters.

via CoinDesk

CryptoCurrency News: Bitcoin Falls 5% Despite Continued Accumulation by Investors



Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.

via CoinDesk

CryptoCurrency News: Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded



Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.

via CoinDesk

CryptoCurrency News: Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey



While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022.

via CoinDesk

CryptoCurrency News: BMW, Ford Advance Standard for ‘Tamper-Proof’ Blockchain Identities for Vehicles



A new standard developed in a MOBI working group is aimed to tackle used car fraud with verified car histories.

via CoinDesk

CryptoCurrency News: Trustee of Collapsed Exchange Moves to Resolve Crypto vs. Fiat Creditor Claims Tussle



Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.

via CoinDesk

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