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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: 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: 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: 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: 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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