Crypto Carnage, Zuckerberg Admission, Royal BTC Scam: Hodler's Digest, Sept. 23-29

Top Stories This WeekCrypto carnage: Bloodbath for altcoins as Bitcoin crashesIt's been a week to forget in the crypto world.

Altcoins were not immune from Tuesday's pain - Bitcoin SV took a massive hit of more than 34% on the day, while Ether sustained heavy losses of 24%. Later in the week, BTC/USD dipped to $7,736 - the lowest price since May 2019.

The embattled company is hoping to go to trial in May 2020 and is raising $5 million to fund its lawsuit against the SEC.France: 25,000 major retail stores to accept Bitcoin in 2020Paris Retail Week brought the news that support for BTC payments is going to be launched at more than 25,000 sales points for 30 French retailers next year.

The top three altcoin losers of the week are Pandacoin, Bitcoin God and Oxycoin.

"Bakkt, first day volumes: 71 bitcoin. CME, first day volumes: 5298 bitcoin. That's a 75x difference."

Prediction of the WeekPeter Schiff: Bitcoin price now at "High risk" of $4,000 or lowerA cheery prediction of six-figure BTC prices somehow doesn't seem appropriate this week.

Fake Bitcoin investment platform from "Elon Musk" promises 4,000% ROIAnd here's one more scam that's worthy of a FUD mention this week.

Best Cointelegraph FeaturesVanEck, SolidX drop Bitcoin ETF race, SEC approval until 2020 unlikelyThe Chicago Board Options Exchange's BZX Equity Exchange has withdrawn its proposal for a VanEck-SolidX Bitcoin exchange-traded fund.

BTC and quantitative easing: What's the correlation in crypto?According to some, there's a connection between Bitcoin and the government's use of quantitative easing - with crypto prices rising whenever this monetary policy is enforced.

First week of Bakkt: Slow start unlikely to dampen long-term prospectsKirill Bryanov examines how Bakkt, the first federally regulated platform for Bitcoin futures trading, has performed in its first week.