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
Bitcoin allure has darknet markets jumping to record highs
Of those, including that of Empire Market, one of the largest, longest-running, and most successful darknet markets which stole an estimated $30 million when it went offline in August 2020.
This is the last major hurdle before Bitcoin price can target $20,000
Bitcoin price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666.
Grayscale Survey: COVID-19 made Bitcoin more appealing to investors
The survey tended to support the view of Bitcoin as a "Safe-haven" asset.
Bill Hinman, who spearheaded the SEC's early crypto guidance, is leaving the commission
Hinman's commentary on the status of cryptocurrencies and the Howey Test was particularly critical to regulation surrounding ICOs.