Bitcoin Daily – January 20


πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $34,682

Bitcoin price has fallen almost 4% over the last 24 hours, following former Fed chair Janet Yellen's remarks on cryptocurrency being used to financing terrorism.

Top-20 altcoins aren't looking too sharp either, as Ethereum falls 5%, XRP drops 6% and Polkadot corrects over 11%.

Top Stories for January 20, 2021 πŸ”₯

πŸ‘‰ Brave Browser Becomes The First To Support IPFS

The privacy-focused Brave browser has become the first internet browser to add support for InterPlanetary File System (IPFS), a decentralized file storage and sharing system.

Brave users will be able to use a gateway or full IPFS node to access content directly from the IPFS network, using ipfs:// addresses.

πŸ‘‰ Janet Yellen Calls Crypto "A Concern" For Terrorist Financing

Former Federal Reserve chair Janet Yellen has labelled cryptocurrencies as "a particular concern" for terrorist financing at a Senate Finance Committee hearing yesterday.

Yellen warned of emerging tools for terrorist financing, saying that the US needs to examine ways to prevent their use for terrorism and money laundering.

πŸ‘‰ Perpetual Protocol Becomes Sixth-Largest DEX

Decentralized derivatives trading platform Perpetual Protocol has become the sixth-largest decentralized exchange (DEX), just one month after its release.

Perpetual Protocol runs on xDai, a layer-2 scaling solution on Ethereum - facilitating almost 180,000 transactions to date for a total of just $183 in fees.

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