📌 Coinbase IPO, SEC Charges Ripple, and 2020 Year in Review

December 23, 2020 | Issue #149

Editor's Note: It’s the holiday season! Like many of you, we're excited for 2020 to come to a close. We're also excited to take a little break from what we truly believe has been the most eventful, nonstop, hectic year of crypto news the world has ever seen.

That said, this week's issue will be a light one. And next time you'll hear from us will be on Wednesday, January 6th.

In the meantime, catch up on this week's rumblings and reflect on the massive success and progress this asset class had over the past year.

Happy holidays and see you next year,
CoinSnacks

 TOP STORIES THIS WEEK 

Coinbase Files for Initial Public Offering

Coinbase, the largest U.S.-based cryptocurrency exchange, said Thursday afternoon that it has filed with the SEC for an initial public offering. This will be the first major Bitcoin-focused company to test the public markets.
 

FinCEN Announces New Crypto Rules

FinCEN, a bureau of the US Treasury, has proposed requiring banks and money service businesses to record transactions to private cryptocurrency wallets. Ari Paul breaks it down.
 

Musk Pumps Dogecoin Again

Elon Musk pumped Dogecoin (DOGE) again – sending it 20% higher in less than an hour. He also inquired about converting "large transactions" of Tesla's balance sheet into BTC. 👀
 

SEC Files Lawsuit Against Ripple

The Securities and Exchange Commission has filed a lawsuit against Ripple, CEO Brad Garlinghouse and co-founder Chris Larsen for conducting what the regulator alleged to be a $1.3 billion unregistered securities sale. While XRP's Market Dominance crashes, Bitcoin's surges.
 

Tweets Are For Sale in a Sign the Future Will be Tokenized

Ethereum-based social network Cent has caught Twitter by storm through its new Valuables feature, allowing users to buy Tweets, minted as scarce, digital assets.
 

Visa Proposes Method for Offline Digital Currency Payments

The payments giant has released a paper looking at the benefits of Central Bank Digital Currencies (CBDCs) and how they could be used offline.
 

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 TWEET OF THE WEEK 

Top Stories of 2020

  • Bitcoin Halving: Mining Rewards Drop for Third Time in History
     
  • PayPal Gives 346 Million People A New Way To Buy Bitcoin
     
  • MicroStrategy (MSTR) Becomes First Publicly-Traded Company to Buy BTC as Part of its Capital Allocation Strategy
     
  • Bitcoins Price Hits New All-time High
     
  • Ethereum 2.0 Successfully Launches
     
  • Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment
     
  • Bitmex Charged With US Rules Violations
     
  • Bitwise Launches America’s First Publicly Traded Crypto Index
     

More: Over the course of 2020, the number of Bitcoin daily active addresses doubled, and addresses holding at least 0.01 BTC grew by over 700k.

Here's an awesome data-driven post by CoinMetrics breaking down crypto’s tumultuous 2020 quarter by quarter.
 

The CoinSnacks weekly digest is a manually curated newsletter that delivers fresh content covering cryptoassets and the evolving blockchain community for investors around the world. The digest is curated by CoinSnacks employees and sent once a week.
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This Tech Stock Has Momentum On Its Side

Monday, December 21, 2020

Editor's Note: Please take a moment to read this special message from our sponsor, MicroSmallCap. Dear Investor, Before the pandemic, people met each other at nightclubs, restaurants, or even

📌 BTC Hits $20K, Ethereum Futures Project, and the Politics of Crypto Regulation

Thursday, December 17, 2020

December 16, 2020 | Issue #148 MUST READS BTC Breaks Above $20K This morning, Bitcoin broke past $20000 for the first time ever, leaving us officially in uncharted territory. The number of days we'

A Brand-New Crypto Project

Thursday, December 10, 2020

Editor's Note: Please take a moment to read this special announcement from Senior Investment Strategist, Matt McCall. Dear Reader, I've got some big news to share with you today. Over the last

📌 A New Publicly-Traded Crypto Fund, MSTR Gets Downgraded, and Spotify Crypto Payments

Thursday, December 10, 2020

December 9, 2020 | Issue #147 MUST READS Cryptocurrency Indices To Go Mainstream S&P Dow Jones Indices, a major financial data firm, said last Thursday it will launch a customizable cryptocurrency

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