Weekly Blockchain News with Mammycrypto Dec, 19th 2020
This week was full of surprises when it comes to crypto markets. Bitcoin finally broke its last all time high reaching $20,000 and smashing thru resistance all the way to $24,000s. High market cap altcoins such as Litecoin and Ethereum also had a sharp increase and looks like alt-season has finally been confirmed with lots of low market cap altcoins (the famous shit coins) showing a price increase as well.
Many were many important crypto headlines this week as the bull market continues to pick up strong and the cryptocurrency markets gets highlighted globally. Price is not the only important topic talked in the media. As the total market cap of cryptocurrencies continue to increase it is expected that we encounter more talks regarding regulation, security, scalability, accessibility and more.
Below is my quick presentation with a suggestion of few relevant articles that were worth the read for this past week. Make sure to follow my Lbry channel and stop by regularly. I curate these headlines especially for you every week.
For your convenience, I posted the links to each article featured below this quick presentation. the presentation includes the current BTC price as well as the current fear/greed index, which measures the bitcoin market sentiment (market indicator I often check).
Sunday, Dec 13th 2020: Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson — https://www.coindesk.com/fidelitys-custody-business-around-bitcoin-incredibly-successful-johnson
Monday, Dec 14th 2020: CFTC Committee Takes On Tough Question of Regulating DeFi — https://decrypt.co/51480/cftc-committee-takes-on-tough-question-of-regulating-defi
Tuesday, Dec 15th 2020: A new project built on the Bitcoin sidechain RSK is gunning to advance decentralized finance (DeFi) on Bitcoin’s ecosystem — https://www.coindesk.com/defi-on-bitcoin-boost-sovryn-launches-rsk-sidechain
Wednesday, Dec 16th 2020: New to Bitcoin? Stay Safe and Avoid These Common Scams — https://www.coindesk.com/new-to-bitcoin-stay-safe-and-avoid-these-common-scams
Thursday, Dec 17th 2020: Coinbase announces IPO in a milestone for the crypto industry — https://finance.yahoo.com/news/bitcoin-tops-22-000-strategists-041508989.html
Friday, Dec 18th, 2020: It’s here: Treasury proposes rule to monitor crypto going to self-hosted wallets — https://cointelegraph.com/news/it-s-here-treasury-announces-whitelist-rules-to-shut-off-money-to-self-hosted-wallets
Saturday, Dec 19th, 2020: Enjoy your Saturday! Yep new Milestone recorded for Bitcoin as it reached above $24,000 today.
All my best
Michelle M
Social Media links: https://cointr.ee/mammycrypto
Originally published at https://www.mammycrypto.com on December 20, 2020.
