Top Stories This WeekBitcoin 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.
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 - commentatorA major Bitcoin Cash investor claimed that he lost a total of $45 million in a wallet hack this week - two-thirds of which was in BCH. In a now-deleted Reddit post, DreamHost Founder Josh Jones appeared to suggest that his SIM card had been compromised - and he promised big rewards if miners prevented the transactions from being validated.
Binance CEO Changpeng Zhao says Bitcoin halving is not priced in yetHas Bitcoin's price adapted to the upcoming block reward halving yet? No, according to Changpeng Zhao.
Winners and LosersAt the end of the week, Bitcoin is at $9,856, Ether at $270 and XRP at $0.28.
"I am officially raising my target for Bitcoin - and I first made this prediction when it was $1, I said this could go to $100,000 - I'm raising my official target for the first time in eight years, I'm raising it to $400,000."
Unfazed by short-term levels of volatility, Keiser told Infowars's Alex Jones: "The good news is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was when it was $100." He hasn't named a specific timeframe for this target to be met, but forecasting returns of up to 40 times makes Keiser more bullish than even the best-known crypto advocates.
A court in Ireland has suffered a setback in its attempts to confiscate Bitcoin worth $56 million from a man recently imprisoned for drug trafficking.
Best Cointelegraph FeaturesHalf of predictions are right half the time - BTC's halving divides opinionsPast halvings have seen Bitcoin skyrocket in value.
How cryptocurrency trading has evolved in recent yearsIn the early days of blockchain, crypto trading was seen by many as merely exchanging a few dollars for Bitcoins.
Bitcoin's Bullish Battle, Ethereum 2.0, BCH Faces 'Slow Death': Hodler's Digest, Feb. 17-23
Published on Feb 23, 2020
by Cointele | Published on Coinage
External forces are stopping Bitcoin from rallying despite on-chain strength
Bitcoin has been flashing signs of intense fundamental strength throughout the past several weeks and months, with the turbulent price action seen throughout the first half of 2020 doing little to hamper this strength.
Crypto lending 101: Everything you need to know about managing risk
Promises of over 10 percent interest rates don't come without its own sets of risk-despite its bid to replace the traditional financial system, crypto lending is still very much an experimental market.
Data Says HODL! People Are Trading Ethereum More, Bitcoin Less
Ether is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in hodling the second-largest cryptocurrency by market capitalization.
US Regulators Take Joint Action Against Crypto Firms' Swaps Offering
Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency.