Daily Crypto News | 23.02.2021
1- Bitcoin dipped below $45,000.
2- Bitfinex and Tether settled with the Office of the New York Attorney General for an $18.5M fine.
3- US treasury secretary Janet Yellen expressed her concerns on how regulators would “manage money laundering and illicit finance issues” with digital currencies in an interview for The New York Times’ DealBook DC Policy Project, also calling crypto a “growing concern”, for being used to finance illicit activities.
4- Wedbush Securities’ managing director Dan Ives said 5% of publicly traded companies will FOMO into $BTC.
5- $24 million worth of DeFi loans are liquidated.
6- Bank of Korea Governor Lee Ju-yeol said crypto has no intrinsic value.
7- Bill Gates said, “I do think people get drawn into these manias who may not have as much money to spare. So, I’m not bullish on Bitcoin, and my general thought would be: If you have less money than Elon, you should probably watch out.”
8- The government-owned State Bank of India, has adopted JPMorgan’s blockchain network, Liink.
9- Hong Kong Monetary Authority, the Bank of Thailand, the Central Bank of the United Arab Emirates, and the Digital Currency Institute of the People’s Bank of China are teaming up to form the “Multiple Central Bank Digital Currency Bridge” project, seeking to construct a cross-border CBDC.
10- German Bitcoin mining operator Northern Data considers a $500M IPO, being backed by the Swiss investment bank Credit Suisse.
11- Air France to start tracking COV-19 test results using blockchain technology.
12- Sweden’s financial regulator Finansinspektionen’s Director General Erik Thedeén warned the public about the price volatility in the crypto space.
13- The European Central Bank asks for veto authority on stablecoin projects to assess “the potential threat to the conduct of monetary policy, and to the smooth operation of payment systems.”
14- MicroStrategy CEO Michael Saylor predicts that in the coming five years, one billion people will be storing their life savings on mobile devices.
15- Bitwise AUM see $1B
16- SEC commissioner Hester Peirce aka the “Crypto Mom” has said “The digital economy does pose some new regulatory challenges, but it also gives us new tools to meet those challenges. We should use those tools with genuine care for the freedom of the people we regulate.”
17- Jack Dorsey donates 1 $BTC to the Bitcoin development group Brink.
18- Jack Dorsey’s Square announced that they have acquired 3,318 more Bitcoins.
19- Bitcoin is down 11.5% at $48.252.
20- Solana (SOL) is the highest gainer in the top 100 list with a 10.9% daily profit.
21- Crypto.com (CRO) is the highest loser in the top 100 list with a 32.3% daily loss.
22- $BTC = $BTC | 1 Satoshi is 1 Satoshi.