Giancarlo's gambit

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January 16, 2019 DIGITAL BUCKS: Former CFTC Chairman J Christopher Giancarlo, former LabCFTC Director Daniel Gorfine and investor Charles Giancarlo want to take the dollar digital – and they're not waiting for the Federal Reserve. The three are forming the Digital Dollar Foundation, working with Accenture to design and push for a potential U.S. central bank digital currency. Full story CASH AND CRYPTO: The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in ethereum-based tokenized securities. New York-based RFR Holdings agreed to sell its majority stake in a commercial property in Zurich to BrickMark, a Swiss real estate agency. Full story DIY INSURANCE: Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has created its own $200 million insurance company to protect clients against the potential loss of coins from its offline vaults. Full story PRIVATE PAYMENTS: The for-profit entity working on zcash has published a software kit that will help developers support shielded payments on Android and iOS mobile devices. The capability means addresses, transaction amounts and memos within transactions can be obfuscated. Full story SALE OFF: Japan-based Liquid exchange has cancelled its sale of Telegram's not-yet-launched gram tokens as the SEC lawsuit holds up the launch of the TON network. Full story HEADED TO DAVOS? CoinDesk is sending a team of journalists to scrutinize the global elite as it meets for the annual World Economic Forum. It will be Davos, but through a lens of crypto and blockchain. Our daily dispatches will tell you what sessions you should attend, what you missed yesterday (or last night) and prep you for what people are talking about on the Promenade today. The CoinDesk Confidential newsletter will run for five days only, so be sure to sign up now. Subscribe here RALLY FATIGUE: Bitcoin’s bulls are showing signs of exhaustion, with prices dropping $240 from Wednesday’s two-month high around $8,900. A notable pullback could be seen if prices drop below $8,550, confirming a double top breakdown on the intraday charts. The short-term bullish case will continue if prices hold above a key support of $7,700. Full story GOING ROGUE? In the latest episode of The Breakdown, Nathaniel Whittemore asks what effect rogue states have on crypto's narrative, as North Korea and Iran focus their attention on sanctions-busting digital assets. Listen in WHO WON #CRYPTOTWITTER   Copyright © 2020 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list