Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Bitcoin grapples with $10,000 — two scenarios for the week aheadBears got their pound of flesh this week when Bitcoin prices tumbled by $800 in an hour. The crash led to significant losses across most altcoins, too. Looking ahead to the coming days, Cointelegraph’s Keith Wareing says BTC is in the early stages of a descending channel that could see the digital asset retrace to $7,500 over the next two to three weeks unless $9,500 manages to serve as support. This could spark the resumption of a bull trend, with $10,300 as key resistance and the breakout resistance being above $11,085. Earlier this week, fund partner James Torado shared historical data that suggests BTC prices will continue climbing for another 19 months. His figures revealed that, in terms of volume-weighted average price, 2020 is Bitcoin’s best year ever.
Bitcoin Cash faces “slow death” after alleged $30 million hack — commentatorVitalik Buterin reveals Ethereum 2.0 roadmap to CointelegraphBinance CEO Changpeng Zhao says Bitcoin halving is not priced in yetHSBC to cut 35,000 jobs and invest in digital financeBitcoin will surge to $400,000 — Max Keiser quadruples BTC forecastIrish drug dealer tells police that keys to $56 million in confiscated BTC are lostRipple CEO Brad Garlinghouse tells banks that “crypto is not a bad word”Gemcoin founder admits to fraud in $147 million schemeHalf of predictions are right half the time — BTC’s halving divides opinionsTrump’s proposed budget snubs blockchain, crypto in crosshairs of security serviceHow cryptocurrency trading has evolved in recent yearsContinue Reading on Coin Telegraph
