Traders have begun unwrapping tokenized bitcoins. The U.S. Treasury Department will keep a vigilant eye on digital innovations. And trading volumes on OKEx have plummeted. Source: https://www.coindesk.com/blockchain-bites-price-point-bitcoin-at-50k-60k-318k

The approved digital banks will be able to start operating from Singapore in early 2022 Source: https://www.coindesk.com/jack-mas-ant-group-three-other-digital-banks-get-ok-to-operate-in-singapore

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk. Source: https://www.coindesk.com/first-mover-bitcoin-below-19k-customers-flee-okex

‘Bitcoin’s macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance,’ according to Bloomberg Source: https://www.coindesk.com/bitcoin-price-could-hit-50k-in-2021-bloomberg-analysts-say

The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow. Source: https://www.coindesk.com/ripple-cto-says-majority-vote-would-force-the-burning-of-billions-in-xrp

The department wants state and federal regulators to keep a vigilant watch on digital asset innovation. Source: https://www.coindesk.com/us-treasury-wants-regulators-to-seek-potential-risks-in-digital-asset-innovation

The world’s largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project. Source: https://www.coindesk.com/spotify-new-role-cryptocurrency-libra

Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets. Source: https://www.coindesk.com/bitcoin-potential-store-of-value-but-volatile-fidelity-digital-assets

Bitcoin’s price is in a tight range Thursday while some investors are moving into ether. Source: https://www.coindesk.com/market-wrap-bitcoin-lingers-around-19-4k-while-eth-btc-pairing-hits-bull-mode

The reorganization strengthens FinHub’s ability to address the digital assets space. Source: https://www.coindesk.com/sec-finhub-office