Quick weekly news:
- Ethereum Transaction Fees Soar Amid High Demand: Read more here.
- DeFi Quietly Breaks Record as Investors Lock Up $15 Billion: Read more here.
- eToro to Suspend XRP Trading for US Users: Read more here.
Other notable events include:
- Bittrex To Delist Privacy Coins Monero, ZCash, and Dash in Two Weeks
- Trader Drops $105k on NBA Crypto Collectibles for LeBron James’s Bday
No more privacy
Crypto exchange Bittrex announced that it will remove Monero (XMR), ZCash and Dash privacy coins on Friday, January 15th at 11:00 pm UTC, Friday January 15th.The Bermuda-registered exchange did not provide a reason for the delistings, but all three are privacy coins—a class of cryptocurrencies that offer untraceable transactions. Monero is private by default, and ZCash and Dash have an option for private transactions.
Birthday gift
For LeBron James’s birthday, NFT trader Pranksy has ‘decided to double down’ on NBA Top Shot, the blockchain-based digital trading card game that has recently been making a lot of money for investors.
Pranksy, not to be confused with the British Banksy copycat, is a 29-year-old mobile games designer from the UK. He moonlights as an NFT trader, and an extremely successful one at that. He made half a million dollars trading NFTs, he claimed on Zima Red’s two hour-long podcast.
Also, be sure to check out top altcoin gainers and losers of the week:
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