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Bitcoin News Roundup for Feb. 12, 2021

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With bitcoin slipping after hitting a new all-time high around $49K and Canadian regulators approving a bitcoin ETF, CoinDesk’s Market Daily is back with the latest news roundup.

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BlockFi Boosted Grayscale Bitcoin Trust Holdings by 11.9M Shares, Now Holds $1.7B GBTC

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The disclosure comes as BlockFi prepares to launch a competitor bitcoin trust product.

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Ex-CFTC Chair Christopher Giancarlo Stumps for Digital Dollar

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“Crypto dad” made his case for the next evolution of America’s greenback.

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Former Bitcoin Developer Mike Hearn Steps Down From Enterprise Blockchain Firm R3

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Hearn will become CEO of a new firm while remaining a technical adviser to R3.

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First Mover: A Bullish ($1 Million) Bitcoin Forecast as Year of Ox Begins

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ByteTree’s Charlie Morris shows how bitcoin’s price gets to $1 million by 2032. PLUS: JPMorgan hounded by own traders over absence in bitcoin market.

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In the Age of Ethereum, What Comes Next?

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DeFi. NFTs. Stablecoins. Smart contracts. Ethereum is home to some of the biggest innovations in crypto. Community insider Danny Ryan joins us to discuss the network’s big future.

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Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions

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Crypto sleuthing firm Elliptic says one of the world’s most prolific cybercriminals is going out on its own terms.

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Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report

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EUR/USD, the most liquid currency pair globally, tracked bitcoin higher following the Tesla news.

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Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC

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On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.

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Miami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: Report

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The city will seek a vendor to help City Hall pay all or part of its employees’ salaries in bitcoin.
Residents would also have the option of using cryptocurrency to pay for city services.

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