With Bloomberg predicting $50K BTC in 2021 and rumors of crypto clarity as the Trump administration winds down, CoinDesk’s Market’s Daily is back with another crypto news roundup.
“Bitcoin’s macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance,” according to Bloomberg.
Brian Brooks hinted at a flurry of crypto clarity actions in the next few weeks that could drive more institutions into the asset class.
Financial data provider S&P Dow Jones Indices is launching a crypto asset index in 2021.
The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow.