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.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

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 Falls 5% Despite Continued Accumulation by Investors

Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.

Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey

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.

Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.

Yellen Calls Terrorist Financing Using Crypto a 'Concern'

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.

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.