Markets Daily Crypto Roundup CoinDesk.com

With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, 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 Becomes Most-Crowded Trade After Passing 'Long Tech': Bank of America Survey 

Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.

Bitcoin's Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts 

A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

Ethereum's Ether Cryptocurrency Sets New Price Record on Major Exchanges

Ether (ETH) has broken its previous all-time high set on top exchanges in January 2018 with a rise to $1,439.

UK's NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain  

Hedera Hashgraph's blockchain platform will provide the health service with a tamper-proof record of vaccine temperatures, the firm said.




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

With bitcoin hovering around $36K and Iran's government blaming crypto miners for recent blackouts, 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 Struggles to Recover After Biggest Weekly Price Loss Since September 

Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September. 

Central Bank Digital Currencies Not a 'Fad,' MetLife Investment Says 

The investment giant predicts CBDCs will continue gaining steam, although a "launch among Western countries seems unlikely to occur anytime soon."

Crypto Long & Short: No, Bitcoin Is Not in a Bubble 

Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations 

The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.




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

With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.




Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Nexo.io.




Today's stories:

Biden's $1.9T Relief Package Proposal Fails to Stir Bitcoin Market 

The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.

Jerome Powell on CBDCs: 'We Don't Feel a Need to Be First' 

He estimated it will take “years rather than months” before the Fed releases a CBDC.

FinCEN Extends Comment Period for Crypto Wallet Rule 

Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

Tether's Bank Says It Invests Customer Funds in Bitcoin 

Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.




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

With bitcoin bouncing back up and approval of the first federally chartered crypto bank, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.




Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Nexo.io.




Today's stories:

Bitcoin Bounces as Options Market Sees 20% Chance of $50K at Month's End 

While a 31% rally to $50,000 in two weeks may be challenging to envision, it is far from impossible, given bitcoin's prior rallies.

UK Man Offers Council $72M If He's Allowed to Search Dump and Finds Discarded Bitcoin Trove

Anchorage Becomes First OCC-Approved National Crypto Bank 

The crypto industry has its first federally chartered bank: Anchorage.

Ex-Ripple CTO Can't Remember Password to Access $240M in Bitcoin

Just call it Schrödinger's bitcoin.




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

With BTC looking at gloomy short-term price predictions and altcoins on the rise, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

Jan 12.'s featured story in sharing-with-your-friends-and-family friendly format.