Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Altcoins continue explosive bull run while Bitcoin stallsNot too long ago, Bitcoin (BTC) diehards were warning that altcoins are dead. “The altcoin phenomenon is finished,” RT host Max Keiser said in July. But, based on this week’s performance, the rumors of their death may have been greatly exaggerated. In recent days, Bitcoin has been trading sideways — struggling to break away from the $10,200 price zone. Life has been very different for its nearest competitor Ether (ETH), which had risen by a whopping 20.65% on the week at the time of writing. ETH investors were undoubtedly buoyed by news that tests are under way to improve network performance and reduce transaction fees — potentially increasing capacity by 25%. Other altcoins in the top 20 have also had a storming week, with XRP up 14%, EOS by 4.84%, LTC by 10%, and Stellar (XLM) by a head-turning 29.9%. A poll on Crypto Twitter indicates the community is divided over whether this heralds the start of an “Altseason” — but some analysts believe the altcoin bounce may indicate Bitcoin’s resurgence is imminent.
Zuckerberg schmoozes U.S. politicians — but meetings seem unproductive North Korea “in early stages of building own cryptocurrency”Binance makes first Chinese investment since leaving country in 2017Nigerian crypto educator returns $80,000 in Bitcoin received by mistake$250K Bitcoin price prediction is now “conservative,” says Tim DraperCraig Wright asks for 30-day extension to delay 500K Bitcoin payout$10,000 Bitcoin stronger than ever… but no one seems to careTwo arrested for “old-fashioned shakedown” of cryptocurrency startupBitcoin owners are giving away altcoins to support TOR ProjectLibra seen as threat to national currency sovereignty, pleads with G7How tokenization is transforming film financingRetailers Around the World That Accept Crypto, From Pizza to TravelContinue Reading on Coin Telegraph