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Bitcoin News Roundup for Jan. 18, 2021

Bitcoin News Roundup for Jan. 18, 2021

FromMarkets Daily Crypto Roundup


Bitcoin News Roundup for Jan. 18, 2021

FromMarkets Daily Crypto Roundup

ratings:
Length:
7 minutes
Released:
Jan 18, 2021
Format:
Podcast episode

Description

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.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 18, 2021
Format:
Podcast episode

Titles in the series (100)

Tune in as CoinDesk Editor Adam B. Levine and Associate Producer Adrian Blust run down daily action in crypto markets and some of the most important recent industry developments.