Friday, November 8, 2024
Home > News > Bitcoin News > Bitcoin News Roundup for Jan. 18, 2021

Bitcoin News Roundup for Jan. 18, 2021

With bitcoin hovering around $36,000 and Iran’s government blaming crypto miners for recent blackouts, CryptoX’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.

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

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

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

The machines were said to have been consuming 95 megawatts per hour of electricity at a reduced rate.

Source