The Digital Assets Report 07

The Digital Assets Report 07

BUSINESS

Tesla Buys $1.5 Billion in Bitcoin
Cryptocurrency’s price soars after electric-vehicle maker says it soon expects to accept customer payments in bitcoin
Bitcoin: why a wave of huge companies like Tesla rushing to invest could derail the stock market
There could be a reckoning coming with global regulators.
Deutsche Bank Says $31 Million Investment Could Save Capital Markets ‘Billions’ Of Dollars, No Blockchain Necessary
German bank Deutsche Bank joins JPMorgan, Goldman Sach and others that have invested a total of $90 million in blockchain startup Axoni, potentially saving billions of dollars in global capital markets.
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe - CoinDesk
Bitfinex says early Friday it repaid fully of the loan to Tether.
WSJ News Exclusive | Bitcoin to Come to America’s Oldest Bank, BNY Mellon
The custody bank plans to eventually treat digital currencies like any other asset

MARKETS

Crypto Charts 07
bitcoin short term chartIt couldn’t have gone much better since my previousupdate when we said > ‘As I type this we are 34900 and would buy now and on a break of 38650 withstops initially below last weeks low at 28860.’ So we are now long double the amount at an average of 36775. I am looking…
CME Launches Ethereum Futures, ETH Price Stays Steady - Decrypt
The launch of Ethereum futures on institutional exchange CME shows that it’s “clearly bullish” on crypto, experts say.

OPINIONS

REGULATORY

(FinCEN) released a notice of proposed rulemaking on December 18 that seeks to heighten identification requirements for crypto transactions. all wallets, even those that are self-hosted or held at non-U.S. institutions, to KYC and reporting requirements for transactions greater than $3,000.

As FinCEN’s comment window on crypto wallet rule comes to a close, uncertainty on path forward remains
FinCEN’s deadline for public commented on its proposed crypto wallet regulation ends just before midnight at January 4.