Wednesday, January 20, 2021
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BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBulls buy Bitcoin’s $35,000 support retest as

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New Zealand’s Financial Watchdog Warns on Crypto Investment Risks

New Zealand’s financial watchdog has sounded a warning whistle to cryptocurrency investors after bitcoin’s latest price drop.According to a report on Tuesday by the NZ Herald, the Financial Markets Authority (FMA) said New Zealanders who were considering purchasing cryptocurrencies needed to be aware they are “high risk and highly volatile”

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Bitcoin price risks losing ‘critical technical level’ as stocks under pressure

U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging

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Introducing Valid Points: The Risks and Rewards of Staking on Eth 2.0

It’s alive! Welcome, everyone, to the first edition of Valid Points, CryptoX’s ongoing effort to chronicle the evolution of Ethereum 2.0. You can sign up for the newsletter here. Today we’re commemorating the launch of Ethereum 2.0, which marks the beginning of Ethereum’s live transformation into a proof-of-stake blockchain.

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Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says

Stablecoins could “threaten financial security” if widely adopted, European Central Bank President Christine Lagarde said in an article published Monday in magazine L’ENA hors les murs.In the piece, Lagarde makes a bullish case for a digital euro while throwing shade at potential rivals such as cryptocurrencies and stablecoins – digital

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BitMEX Founder’s Charges Highlight Risks for DeFi

In October, the Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice (DOJ) filed enforcement actions against the entities and individuals that own and operate the Bitcoin Mercantile Exchange (BitMEX), a trading platform for cryptocurrency derivatives. The CFTC alleges that since 2014 BitMEX has operated an unregistered trading platform

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New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks

New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change.In a letter sent to all regulated entities on Thursday, the New York Department of Financial Services (NYDFS) said that it expects firms, including virtual currency businesses, to start assessing such risks

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