Crypto News of the Day (21.1.) | Winklevoss: In five years, the millennials will dominate and want Bitcoin• and other news
3 min readTable of Contents
Here you can find an overview of the most important crypto events in the last 24 hours.
Markets
Markets turned into green numbers today, except for Bitcoin, which after yesterday’s rejection of the 9,000 USD limit and fall slightly fell (-0.25%) and its current price is slightly above 8,600 USD. On the other hand, controversial BSV, for example, is significantly added. The mood in the markets is still neutral.
You can monitor the current cryptocurrency prices – here.
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Cryptocurrencies
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Regulations
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Winklevoss: In five years, the millennials will dominate the labor market and want Bitcoin
Cameron Winklevoss, one of the founders of Gemini’s cryptoexchange, believes that in about five years the millennium will dominate the labor market, accounting for 70 percent. If they are the dominant force in the future and are already investing most in Bitcoin and other digital assets, it is very likely that Bitcoin will be widely accepted in five years’ time. Therefore, its price is likely to be much higher than it is now.
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Bitpay allows to purchase Amazon gift vouchers for XRP
BitPay, a bitcoin payment service that allows businesses to receive and process BTC, has just added XRP to its growing list of supported cryptocurrencies. BitPay has just opened a brand new liquidity flow for this token. BitPay cites partnerships with companies like Amazon, Microsoft, NewEgg and Burger King, which now accept XRP through gift vouchers.
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Venezuela opens a crypto casino to support the state cryptocurrency Petro
Venezuelan President Maduro said that the Humboldt Hotel in Ávila National Park will soon be home to an international casino that will operate on the Petro state cryptocurrency (PTR), which will finance the public health and education sectors in the country. This announcement comes less than a decade after Mentor Madura, former President of Venezuela Hugo Chavez, ordered the closure of all betting sites such as ports of prostitution, drugs and crime. Since 2011, when the then relatively prosperous country deteriorated, Venezuelans have allowed only a limited number of online platforms to play gambling.
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DigixDAO will return funds from ICO 2016 to investors
Members of the DigixDAO community voted overwhelmingly to approve the return of funds collected during the ICO in 2016 to investors. Investors will be sent 0.19 ether per DGD. The project organized its Initial Coin Offer (ICO) in 2016 and selected more than 450,000 ETH. His cash register currently holds around 380,000 ETH. The vote comes after the project developers, based on community feedback, decided to create a “mechanism for dissatisfied DGD token holders to do a clean cut from DigixDAO.”
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UK regulator wants to track transactions in BTC, ETH and XRP
Officials of HM Revenue and Customs, a UK tax authority, want to buy a tool to help them track and de-anonymize transactions with BTC, ETH, XRP and other top cryptocurrencies. HMRC will pay up to $ 110,000 to provide a tool that the regulator hopes will allow “identify and group cryptotransactions with linked transactions and identify those associated with crypto service providers”, at least according to a notice posted on the official government website.
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India has decided that cryptocurrencies are not illegal in the country
After the stressful actions of the Supreme Court, India admitted that cryptoactives are not illegal. The country’s central bank also stated that it had no restrictions on bitcoins (BTCs) or other virtual currencies. This year, regulators in India will slightly release capital control, allowing citizens to transfer up to $ 250,000 annually outside the country. This relatively small amount may allow Indians to invest in bitcoins and cryptocurrencies through third-party exchanges.
