eToro Facing Crypto Shortage For Buyers On Its Platform – January 14

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $38,254

Bitcoin price has recovered strongly to the upside, breaking upwards by about 10% from yesterday’s prices.

Top-20 altcoins have also risen, as Ethereum gains 8%, XRP stays stable, and Polkadot stands out with a 28% gain.

Top Stories for January 14, 2021 πŸ”₯

πŸ‘‰ eToro Facing Crypto Shortage For Buyers On Its Platform

eToro has sent out an email to its users warning that it may be forced to limit “buy” orders on cryptocurrencies over the weekend, due to “unprecedented demand”.

The platform has had 380,000 new accounts opened over the last 11 days, with reported trading volumes of more than 25 times those of the same time last year.

πŸ‘‰ Grayscale Commences Dissolution of XRP Trust

Digital asset investment giant Grayscale has commenced the dissolution of its XRP Trust, following the SEC’s lawsuit against Ripple. The XRP Trust raised more than $19 million over three years.

Grayscale will be distributing proceeds from its liquidated XRP holdings to shareholders in the trust, and has already removed XRP from its large-cap cryptocurrency fund.

πŸ‘‰ European Central Bank Comments On Feedback Regarding Digital Euro

The European Central Bank has reported that it received more than 8,000 responses to its digital euro survey, since mid October.

41% of respondents viewed privacy as the most important feature of a digital euro, with security and accessibility also widely regarded as important aspects.