What happened this January in the cryptocurrency world?

From bullish to bearish to bullish again, claims about Bitcoin and Ripple, cyber-criminals around, and lost funds recovered; this January has been kind of like a roller coaster in the cryptocurrency world. Let’s check then which important things happened for Bitcoin and cryptos in the first month of 2021.

About regulations and authorities…

Additionally, by the end of January, another investor decided to file a class-action lawsuit against Ripple Labs, after losing barely $48 because of the XRP price drop. It’s supposed he’s only trying to open the way for other investors to join. On the other hand, the first court date for the case, in general, is February 22.

Cybersecurity and attacks

On the markets

Other news

Also, as a result, it was quickly created a movement on Twitter under the hashtag #BitcoinPdf for the users and companies to share the document on their own websites and networks. Thousands of them have joined, including Microstrategy, Fidelity Digital Assets, Coin Center, Chaincode Labs, Paradigm, Casa, NYDIG, Riccardo Spagni, Square, Novi; and even the governments of Miami and Estonia. Of course, we also shared it on Alfacash!

Not much later, the firm BitCluster created the first Bitcoin mining farm in the Arctic Circle around Siberia. Following suit, the videogames operator The9 Limited signed five agreements to acquire 26,000 Bitcoin mining equipment. Finally, the crypto-company Blockstream announced an investment of $25m to expand its mining operations.

Featured Image by StockSnap from Pixabay

Originally published at https://blog.alfa.cash on January 28, 2021.

We are an eight-year-old and duly regulated cryptocurrency exchange. We offer crypto-fíat and non-custodial transactions, and valuable knowledge in our blog.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store