Bitcoin News Roundup for Jan. 8, 2021


Bitcoin News Roundup for Jan. 8, 2021


With BTC hitting another record high of $41K plus a look at the ongoing rise and where it could end, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.

Today’s stories:

Over $41,000: Bitcoin Continues to Forge New Highs

Another day, another record high for bitcoin’s price.

Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds

Michael Sonnenshein said institutions are also making larger allocations to its crypto products.

Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K

Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here’s what the experts say.

Crypto Exchange Bakkt Nears Merger With Victory Park SPAC: Bloomberg

A deal could be announced as soon as next week, the report said.

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