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Bitcoin News Roundup for Jan. 7, 2021
Episode 289

Bitcoin News Roundup for Jan. 7, 2021

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup. UPDATE: Bitcoin broke through $39,000 as this episode was released Add Markets Daily to your Alexa Flash Briefing here This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co. Today's stories: Bitcoin Tops $38K for First Time, Bringing Year-to-Date Gain to Over 30% The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours. Total Cryptocurrency Market Value Hits Record $1 Trillion During 2017's bull run, the market peaked at a $760 billion total value. Stellar's XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine The token is at the highest level since November 2018 in what one observer called a "perfect storm." South Korea's 20% Crypto Tax Now Coming in 2023: Report The cryptocurrency tax was originally planned to be implemented in late 2021. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io. - A new era of innovation on Bitcoin has begun. Stacks 2.0 enables secure apps and smart contracts on Bitcoin, unlocking new use cases and value while laying the foundation for a user-owned internet. https://stacks.co/.

Markets Outlook

January 7, 20217m 16s

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Show Notes

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

UPDATE: Bitcoin broke through $39,000 as this episode was released


Add Markets Daily to your Alexa Flash Briefing here

This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.


Today's stories:

Bitcoin Tops $38K for First Time, Bringing Year-to-Date Gain to Over 30% 

The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.

Total Cryptocurrency Market Value Hits Record $1 Trillion

During 2017's bull run, the market peaked at a $760 billion total value.

Stellar's XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine

The token is at the highest level since November 2018 in what one observer called a "perfect storm."

South Korea's 20% Crypto Tax Now Coming in 2023: Report 

The cryptocurrency tax was originally planned to be implemented in late 2021.


Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.

-

A new era of innovation on Bitcoin has begun. Stacks 2.0 enables secure apps and smart contracts on Bitcoin, unlocking new use cases and value while laying the foundation for a user-owned internet. https://stacks.co/.