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 ready to push above key resistance to hit $10,000The world’s biggest cryptocurrency has started 2020 fighting. For a time on Friday, Bitcoin hit $9,000 — with analysts claiming there are multiple signs that a “bullish transformation” is underway. This weekend also saw the BTC network’s mean hash rate hit new all-time highs, meaning it’s never been harder to mine new coins. Although BTC fell from highs of almost $9,200 on Sunday to hover at about $8,600, analysts believe it is ready to push above the resistance to hit $10,000. Even despite the latest turbulence, which saw prices drop $500 in five minutes, BTC is up 20% year to date — and by more than 5% over the past week. The strong performance will leave crypto skeptics such as Peter Schiff red-faced. Back in November, the gold bug had predicted BTC would imminently drop to $1,000.
Research: Binance and Huobi received over 52% of total $2.8 billion illicit BTC in 2019United Nations: Stay away from North Korean crypto conferenceNew analysis finds Mondays are best days to buy BitcoinSinger Akon says world’s first “crypto city” is set for Senegal in 2025“Weak hands are out” — Trader who called $20,000 Bitcoin top calls bottomU.S. SEC warns investors that IEOs may be breaking the lawU.S. SEC charges convict and associates for $30 million fraudulent ICOSingapore crypto consultant kidnapped for $1 million ransomPredictions for 2020Telegram’s legal battle with the SEC heats up over TON recordsInterview with Daniel Marco on the state of blockchain in CataloniaContinue Reading on Coin Telegraph