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. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today's stories: Bitcoin Falls 5% Despite Continued Accumulation by Investors Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors. 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. Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019. Yellen Calls Terrorist Financing Using Crypto a 'Concern' The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.
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Show Notes
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.
Add Markets Daily to your Alexa Flash Briefing here.
This episode is sponsored by Nexo.io.
Today's stories:
Bitcoin Falls 5% Despite Continued Accumulation by Investors
Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.
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.
Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis
Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.
Yellen Calls Terrorist Financing Using Crypto a 'Concern'
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.