The Weekly News Roundup, ending 15 January 2022

Prices are low (relative to this cycle. $40,000 any time before 2020 was considered wishful thinking or theoretical,) but like a very large glacier, bitcoin (and other projects,) continue to grow in users, in applications, refinements to existing applications, and new ways to use the protocols.
This is not financial advice, but as a long-term investor, I’m using this time to continue to accumulate my own holdings using dollar-cost-averaging with small buys every week.


Plus there’s three reports worth reading linked below the headlines

Any comments or suggestions, feel free to reach out – hello @ tinycryptoblog.com

Be well, Everyone. Think for yourself, and let NO ONE take your agency.

QUOTE OF THE WEEK
“We’re already at a quarter of that number, so we’ve got 24% of Americans owning Bitcoin. It won’t be that much of a stretch for it to get to a third. Bitcoin is becoming more and more mainstream. People are hearing about it everywhere — it isn’t going away.”

Ric Edelman, founder of Edelman Financial Engines


Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Minds | Spotify | Facebook | Soundcloud | Medium


Articles on Medium this week

Tinycryptoblog on Medium


Podcasts

The Co$t of Crypto Podcast home page


This Week In Twitter

(The consensus was heavily, heavily “nuclear”)


Headlines


Adoption
70% of US crypto holders started investing in 2021: Report (SEE REPORT BELOW)
2021: A year of mass adoption for cryptocurrencies in Brazil
Uruguay reportedly installs its first Bitcoin ATM
University accepts Bitcoin donations to fund crypto-related activities
Gemini acquires BITRIA to push crypto into the wealth management industry


CBDC (are just Surveillance Tokens)
UK Economic Affairs Committee unconvinced by prospect of retail CBDC
Swiss central bank tests wholesale CBDC with commercial partners


Company / Product / Project News
Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch
ICON commits $200M to interoperability incentive fund
Checkout.com raises $1B in Series D, bringing valuation to $40B
Binance Labs Invests in Nine Chronicles to Push Blockchain Gaming Mainstream
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
NYCB and Group of Banks Join to Launch USDF Stablecoin


Chatter, Commentary and Opinions
Aside from Shark Tank, Mark Cuban says 80% of his new investments are in crypto
Visa survey shows that 24% of SMBs plan to accept crypto payments
A third of Americans to buy Bitcoin by end of 2022, says Ric Edelman
IMF: Bitcoin matured to ‘an integral part of digital asset revolution’
Nayib Bukele Is Not the Bitcoin Hero We Need
The Urgent Need for Regulatory Clarity on Stablecoins


Crime/Scams
Tether freezes $150 million in USDT


DeFi


DYOR


Exchanges
Bitfinex advises Ontario-based users to close accounts before March 1
Derivatives are coming to Coinbase, following purchase of FairX
Bitcoin exchange outflows see biggest daily spike since September 2021


Implementation
Cash App integrates Bitcoin Lightning Network for faster BTC transfers
Strike App Won’t Support Bitcoin in Argentina


Legistlation & Regulation & Legal Matters
Hong Kong begins discussions to introduce stablecoin regulatory framework
US lawmaker proposes bill aimed at limiting Fed’s ability to issue CBDC
Jack Dorsey announces Bitcoin Legal Defense Fund
Court Ruling Gives Ripple Access to SEC Emails about Ethereum Speech
Russia’s National Finance Association Calls for Legalization of Crypto Investments
SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security [bum, bum, buuuuummmm!]


Metaverse


Mining
‘1 in a billion’: Second tiny miner solves a block
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode
Jack Dorsey’s Block Unveils Plans for Bitcoin Mining System
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH


NFT (Tokenization)
China aims to separate NFTs from crypto via new blockchain infrastructure
NYC restaurant claims it will open for NFT holders only


Nation States (and other political jursidictions)
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
Volcanos, Bitcoin and remittances: A Tongan lord plans for financial security
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Republic of Palau and Cryptic Labs launch digital residency program
Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin


Taxation


The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
CHECK IT OUT –> https://www.buybitcoinworldwide.com/treasuries/

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
NYDIG Raises $1B in Funding to Accelerate Growth of Its Bitcoin Platform
Anchorage Digital Raised $350M in Series D Round from KKR and Goldman Sachs


Time Capsule


Outside News


Supply Shocks


You Do Not Change Bitcoin. Bitcoin Changes You.


Reports:


Get $5 when you sign up with Strike. Send cash instantly around the world at no cost, and buy bitcoin with only a 1.5% fee


coinbase

Earn free crypto while you learn with Coinbase. Open an account with this link and you’ll receive $10 in free bitcoin for the first $100 of cryptos you buy or sell


lolli logo

Earn bitcoin while you shop online using Lolli


The global currency app that lets you buy/sell/trade cryptos and international currencies, send them around the world, and borrow against your crypto and earn yields on your crypto deposits

changelly

Changelly is a good option for exchanging coins without having to use an exchange and the fees are reasonable


teepublic logo

Get crypto-themed shirts, stickers, mugs and more at Teepublic


bitcoin depot

Buy $150 of bitcoin at Bitcoin Depot ATMs, and you receive $15 of free bitcoin using this referral code

brave-logo

Click here to download the Brave browser and block unwanted ads and earn rewards when you browse online 


res-binance

Binance is a great exchange to buy and sell cryptos


Exodus-Logo side

If you want a good, basic crypto wallet for your PC, download the Exodus wallet

coinami

Download the Coinami wallet for both the PC and smartphone



Categories: Adoption News, bitcoin, news, Wall Street, Weekly Headlines

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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