Hodler's Digest, May 20-26: Top Stories, Price Movements, Quotes and FUD of the Week

Published on by Cointele | Published on

The Hodler's Digest will help you track every single important news story that happened this week.

The best quotes, adoption and regulation highlights, leading coins, predictions, and much more - a week on Cointelegraph in one link.

USD Stablecoins Hit Spot Trading Volume Record Highs, With USDT Still Dominating MarketCryptocurrency research firm Diar reported this week that the market capitalization for USD stablecoins has hit all-time highs, exceeding $4 billion.

The organization had already delayed its decision on the Securities Act update proposal that would allow bitcoin ETFs to be traded on CBOE.US Telecoms Giant AT&T Now Accepting Crypto Payments Via BitPayU.S. telecom and media giant AT&T announced this week that it would accept cryptocurrency for paying phone bills online using crypto payments platform BitPay.

The top three altcoin gainers of the week are brother, emaratcoin and compound coin.

The top three altcoin losers of the week are bitguild plat, playcoin [qrc20] and speed mining service.

Prediction of the WeekNYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to ConsolidateAnthony Grisant, a cryptocurrency trader at the New York Mercantile Exchange, said this week that bitcoin will likely move back to $7,000 and consolidate soon.

FUD of the WeekTwo Miners Purportedly Execute 51% Attack on Bitcoin Cash BlockchainThis week, two miners reportedly executed a 51% attack on the bitcoin cash blockchain.

UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last YearThe United Kingdom's financial regulator released a report this week that cryptocurrency investors in the country have lost more than $34 million due to crypto and forex scams from 2018 to 2019.

Europol Shuts Down $200 Million Crypto Mixing Service BestmixerCryptocurrency mixing service Bestmixer.io has been shut down this week by Dutch, Luxembourg and Europol authorities.

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