BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18

Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead.Stocks optimism returns with $9KFollowing a major slide on Friday, stocks futures were gaining early on Monday, despite ongoing pressure from Covid-19 concerns. Dow…

Just a moment...

Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins. 771 Total views 4 Total shares Japan is strengthening its efforts to regulate digital currencies on a global scale, with related government authorities reportedly looking to expand staff to impose stricter rules.Japanese regulators have expressed fresh…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The United States Securities and Exchange Commission’s (SEC) crackdown on crypto-staking services could lead to uncertain consequences for the DeFi ecosystem.Cybercriminals used various methods to siphon funds through hacks and…

China’s Ministry of Industry and Information Technology (MIIT) has included a blockchain-dedicated laboratory on the list of its key labs for 2018, published August 13. According to the ministry's post, the lab will be dedicated to harnessing blockchain for the data security industry and IT, and will be overseen by the National Industrial Information Security…

According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the lion's share of the value with $81.89 million at the time of writing. His holdings include multiple NFTs from top collections such as CryptoPunks (he owns…

Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.

A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app. 407 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTChina’s wallet app for its digital yuan central bank digital currency (CBDC) introduced a feature for…

The Swiss bank said some of the firm’s clients are allocating part of their portfolios to crypto. 816 Total views 8 Total shares Zeno Staub, CEO of Swiss private banking and investment management giant Vontobel, has revealed that some of the company’s wealthy clients have crypto exposure.Speaking to Bloomberg on Tuesday, Staub stated that Vontobel's clients have…