Jan. 15, 2021

The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether — to produce the documents requested for their ongoing legal battle.

On Dec. 9, 2020, the OAG wrote to Justice Joel Cohen to request the deadline be pushed back until Jan. 15, 2020 — presumably a typo and actually a request for the same date in 2021. — link

$USDC inflows into centralized exchanges have increased exponentially over the last 30 days, supporting the recent Bitcoin rally.

More than $135m were deposited on January 3, from which $124m flowed into Binance

Bitcoin RSI index

Chainlink just hit a 4-month high in network growth.

The last couple days saw 5,966 and 5,791 new $LINK addresses created, respectively.

These are the highest daily values since Aug 21, 2020. It's +16.2% this week, and hovering at ~$14.05 currently. — link

Institutional investors don't decide to buy #Bitcoin at a certain price. They make a decision to buy a certain amount in dollars, usually hundreds of millions, and then buy over time regardless of price movements. — link

JPMorgan, Sept 2017: "#Bitcoin is a fraud that will eventually blow up"

JPMorgan, Jan 2021: "#Bitcoin reaching $146,000 should be considered as a long-term target”

Bitcoin's price could reach above $146,000 over the long term, say JPMorgan strategists — link

#Bitcoin is about to reach $𝟭𝟬 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻 of total value transfered.

Not a single one of those transactions used of a bank, let that sink in.

Bloqport: 2021 Crypto Market Outlook — read

A16z, Coinbase intend to challenge FinCEN's proposed crypto wallet rules in court should it become law — link

There is currently 2.25 million $ETH staked on eth2 which is worth $2.3 billion!

This represents ~2% of the current circulating supply of $ETH.

Grayscale removes XRP from its Digital Large Cap Fund — link

1,882 $BTC ($60 million) was just sent to Bithumb.

CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings — link

ADA flips XRP in the top 10

An accurate representation of DeFi 😆

Ripple's Series C lead investor Tetragon sues the company after SEC's lawsuit — link

UPDATE: Ripple says that Tetragon's lawsuit "has no merit."

"We are disappointed that Tetragon is seeking to unfairly take advantage of the lack of regulatory clarity here in the U.S." — link

NEW: Multinational gambling company IGT files patents for gamblers to pay for bets in #Bitcoin through smartphones — link