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Coindesk News

• El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says Januar 21, 2022
  The country continues to add to its bitcoin holdings and plans to issue a $1 billion, 10-year bitcoin bond this year.
  Michael Bellusci
• A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: This Is 2022 Januar 21, 2022
  Also: NFT IP Theft and how it is affecting its Culture.
  Ben Schiller, Anna Baydakova, Danny Nelson
• Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts Januar 21, 2022
  The only real “ETH Killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.
  Angelique Chen, Bradley Keoun
• Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk Januar 21, 2022
  Bitcoin (BTC) and other cryptos were in sell-off mode on Friday, posting declines more than 10% over the past 24 hours. Altcoins such as ETH, AVAX and FTM led the way lower as investors reduced risk. Analysts expect some stabilization, although there is risk of further declines.
  Damanick Dantes, Angelique Chen
• SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings Januar 21, 2022
  The software firm said in a filing it would revise its future reports to reflect the SEC’s concerns.
  Michael Bellusci
• Twitter Seeks Senior Crypto Role on Heels of NFT Verification Announcement Januar 21, 2022
  The job posting advertises “NFT tooling, membership tokens, DAOs, and more!”
  Zack Seward
• Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record Januar 21, 2022
  The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount to the underlying cryptocurrency since February last year, but a further widening proved to be too much for one trading firm.
  Helene Braun, Omkar Godbole
• The Federal Reserve Shares Its Thinking About a US CBDC Januar 21, 2022
  The long-awaited CBDC paper has finally been released.
  Nathaniel Whittemore
• Here’s Why Bitcoin Tumbled 11% in 24 Hours Januar 21, 2022
  Bitcoin has suffered a dire start to the year and is currently trading around 45% below its all-time high of $68,700.
  Lyllah Ledesma
• Crypto Market Cap Falls Below $2T Amid Sell-Off Januar 21, 2022
  As Bitcoin and Ethereum breach $40,000 and $3,000 support levels, some altcoins are trading 60-80% down from cycle highs.
  Tracy Wang