Hodler's Digest, Dec. 17-23: Top Stories, Price Movements, Quotes and FUD of the Week

Blocksteam's BTC space initiative aims to allow crypto users to access the Bitcoin network without access to the internet.

Wong Ching-kit, a local crypto enthusiast and purported Bitcoin millionaire, has reportedly been arrested after allegedly "Making it rain cash" on a street in one of Hong Kong's poorest neighborhoods.

Since the United States tax authority, the Internal Revenue Service, treats crypto as investment property, crypto investors can potentially save on taxes due to a "Quirk" in the law that exempts crypto from so-called "Wash sale" rules, which "Prohibit capital-loss deductions when investors purchase a security such as a stock within 30 days of selling a loser."

These reported rumors come after Facebook has both introduced and partially rolled back a crypto ad ban.

For more info on crypto prices, make sure to read Cointelegraph's market analysis.

Most Memorable Quotations"Bitcoin is dead, it's too fragmented, there's tons of infighting I just don't think it will last. It may have a bull market or two left in it, but long-term, its dead," - Erik Finman, teenage crypto millionaire.

"We are entering a cool era for macro. Crypto is less exciting now versus macro. Macro got quite boring for many years, and crypto was really exciting," - Mike Novogratz, founder of Galaxy Digital.

"2018 was a"correction year" for crypto currencies, but "none of our plans changed, we are still pushing forward very aggressively," - Binance CEO and co-founder Changpeng Zhao.Prediction of the WeekJoseph Lubin Declares on Twitter that He Is 'Calling the Cryptobottom of 2018'.Joseph Lubin, co-founder of major cryptocurrency Ethereum, declared this week on Twitter that he is "calling the cryptobottom of 2018." Lubin noted that a crypto market's bottom has an "epic amount of fear, uncertainty, and doubt," which is attributed to industry media and social commentators.

How much of a crypto enthusiast is Mulvaney? Cointelegraph explores Mulvaney's relationship with crypto, beginning with a crypto educational event back in 2014.Crypto Assets to Be Regulated Differently in the US, Potential Impact on Industry.

Two U.S. congressmen made a potentially huge step for crypto this week with the introduction of a bipartisan bill entitled "Token Taxonomy Act," which would exclude crypto assets and digital tokens from being recognized as securities.