Bitcoin News Roundup for Jan. 20, 2021
With the price of BTC down and a new report out on the decrease in criminal crypto activity, CoinDesk’s Market’s Daily is back with the latest news roundup.
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This episode is sponsored by Nexo.io.
Today’s stories:
Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.
While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022.
Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.
