Markets Daily Crypto Roundup

Bitcoin News Roundup for Jan. 15, 2021

With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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ABOUT

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With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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This episode is sponsored by Nexo.io.

Today's stories:

Biden's $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

The U.S. dollar's rise on the news may be playing spoilsport to the bitcoin bulls.

Jerome Powell on CBDCs: 'We Don't Feel a Need to Be First'

He estimated it will take “years rather than months” before the Fed releases a CBDC.

FinCEN Extends Comment Period for Crypto Wallet Rule

Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

Tether's Bank Says It Invests Customer Funds in Bitcoin

Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine