Crypto & Blockchain News 9 Jan 2021: Bitcoin, Ethereum

1. Finland’s Customs department, Tulli, has decided to sell nearly 2,000 bitcoins valued at around $76 million. The Bitcoin stash was seized by local authorities in 2016 in connection to Darknet drug-trafficking investigations.

2. The exponential growth of the decentralized finance sector increased activity on the Ethereum blockchain, and this has resulted in slow transaction times and incredibly high fees. In the last month, Ether (ETH) price has also rallied more than 100%, and gas fees are on the rise again as demand for ETH and a resurgence in the DeFi sector accelerates.

3. On Thursday, Mark Zuckerberg took to Facebook (NASDAQ:FB) to announce the end of Trump’s reign — on the platform anyway. Yesterday’s rally on Capitol Hill in Washington, D.C.

4. Equos, a Singapore-based digital currency exchange operated by Diginex, has announced the launch of a new Bitcoin (BTC) futures product without any settlement dates, marking a substantial leap in the BTC derivatives market. The firm introduced the BTC Perpetual Futures Contract on Thursday, a product it says is well suited to the current trading environment.

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5. Grayscale’s newly-appointed CEO Michael Sonnenshein told Bloomberg Thursday that pension funds and endowments are investing actively into the Grayscale family of funds. He explained: Continue Reading on Coin Telegraph.

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