iFinex, the parent company of crypto exchange Bitfinex and Tether—issuer of the eponymous stablecoin Tether—has provided millions of documents to the New York Attorney General in regards to its investigation. The state prosecutor’s investigation is into the alleged lack of disclosures over a missing $850 million that was seized by police from its previous banking partner.

The firm asked the New York State Supreme Court for a “few more weeks to produce supplemental information.”

In a letter submitted on January 19, iFinex says it is planning to contact the court in the next 30 days “to either provide a final status update or to schedule a conference to discuss any open items.”

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The developers behind Celo, a decentralized digital payments protocol, are plotting the launch of a new stablecoin which will be pegged to the euro.

Marek Olszewski, a partner at cLabs - one of the firms leading the development of the protocol - told The Block there had been a "flurry of activity" in the Celo community around launching a euro stablecoin over the past few months.
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The cofounder of Gold Bullion International, Dan Tapiero, has shared a chart on his Twitter page concerning Bitcoin volatility. It explains BTC's current moves up and down and is bullish for 2021.

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Ethereum fees have notched a new all-time high of $1.771 million. IntoTheBlock data shows. The daily gas cost went to 569 Gwei.
Earlier today, the second-largest cryptocurrency soared to $1,162, its highest level since Feb. 1, 2018, before a sharp market correction threw a wrench in the works for the bulls.
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Ethereum (ETH) has joined Bitcoin (BTC) in the top 100 of the biggest assets by market capitalization. It’s currently ranked 97, according to analytics platform CompaniesMarketCap.

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 cryptocurrency has been on a remarkable run since October 2020. It ended last year with gains of over 300% after finally managed to break above $20,000 and head into uncharted territory.

So far, bitcoin has continued with its bullish performance in 2021 as well, adding about 30% in a week. The latest conquered milestone came just hours ago, as BTC painted a new all-time high of $38,600.

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The British are the most experienced users of technologies related to digital payments in Europe according to research conducted by eToro and CEBR (Centre for Economics and Business Research).
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Bitcoin and crypto analyst Timothy Peterson of Cane Island Alternative Advisors has forecasted that Ethereum could hit $2,000 in the next five months. Mr. Peterson’s analysis of Ethereum is based on ETH’s monthly returns relative to Bitcoin since 2015. He shared his analysis of Ethereum via the following tweet and accompanying heat map demonstrating the aforementioned returns relative to BTC.more