Finscanner Weekly News #12

Welcome to our Weekly News Digest!

Here you can find all our news and updates that have taken place over the past few days.

Bitcoin has faced a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. It lost $40,000 support on Jan. 21. Altcoins have also seen selling pressure, which has pulled a 46% decline of the total crypto market capitalization. Many stocks as well are facing selling by investors. Only gold has outperformed and risen about 1.76% during the period.

Below you can find a snapshot of crypto and finance news that has taken place on the market during the previous week.

Main crypto weekly news:

• Singapore Bars Crypto Ads In Public \ CoinTelegraph
• Crypto.com Faces Issues \ Finance Magnates
• Crypto Jobs Rocketed 395% On 2021 \ CoinTelegraph
• OpenSea Scores ATH of $3.5B \ CryptoPotato
• Binance Eyes Thailand For Exchange Expansion \ CoinTelegraph
• UK Eyes Broader Crypto and DeFi Regulations \ Yahoo Finance
• USDC on Ethereum Surpasses USDT \ Yahoo Finance
• Opera Introduces Web3-Focused ‘Crypto Browser’ \ Opera Blog
• THORChain Brings DeFi To DOGE \ CoinTelegraph
• Google Hires PayPal Exec To Push Crypto \ CoinDesk
• UK Eyes Broader Crypto and DeFi Regulations \ Yahoo Finance
• UK Eyes Broader Crypto and DeFi Regulations \ Yahoo Finance
• ETH Miner Hits Jackpot \ CoinTelegraph
• Multichain’s Hacking Losses Grow To $3M \ CoinDesk
• El Salvador Explores BTC-Backed Loans \ CoinTelegraph
• Russia Proposes Ban On Crypto \ Economic Times
• Binance .US Trading Services In Connecticut \ CoinTelegraph
• FED Discussion Paper: Pros & Cons of U.S. CBDC \ FED
• Bitcoin Dumps To Hit Six-Month Lows \ CoinTelegraph
• Binance Withholding Info From Regulators \ Reuters

Other notable crypto-related events:

• Arrest Over DeFi ‘Rug Pull’ In China \ Nikkei Asia
• BitMEX Plans to Acquire German Bank \ Blockworks
• Mercedes-Benz NFT On G-Class Series \ Twitter
• Solana-Based Hubble Protocol Raises $10M \ CoinDesk
• Coinbase And Mastercard Partner For NFT \ Coinbase Blog
• Microsoft’s Massive Metaverse Move \ CoinTelegraph
• Heavyweight Champ To Take 50% In Bitcoin \ Twitter
• 1inch Expands To Avalanche & Gnosis Chain \ 1inch Blog
• Why Does Raoul Pal Only Own 1 Bitcoin? \ NewsBTC
• Virtual NFT Pets Het Popular \ CoinTelegraph

Finance weekly news:

• EU Moves Towards Realistic Debt Reduction Pace \ U.S. News
• EU 3-Year Extension To Euro Clearing In London \ Nasdaq
• UK Fines Mastercard And Others Over Prepaid Cards Cartel \ FT
• China Cuts Key Rates, Steps Up Monetary Stimulus \ Daily Star
• Canada’s Inflation Rate Rises To 30-Year High \ CBC

We hope you found this digest valuable and informative. Keep up to date with Finscanner!