Vinny Lingham Forecasts BTC Price Trading Between $3,000 and $5,000 and Other News

Top five stories from the last week


Don't Miss The Top Five Stories From The Last Week Crypto Platform Tron Hires Former SEC Attorney as First Chief of Compliance What is this all about? David Labhart, who previously worked as an attorney for the U.S. regulator, will take on the role of first chief compliance officer and co-general counsel at the blockchain platform Tron What is Tron? Designed to offer an alternative platform for decentralized applications such as Ethereum, Tron celebrated its one millionth user account last month Read more here Vinny Lingham Forecasts Bitcoin Price for Two Months Trading Between $3,000 and $5,000 What happened? Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin price prediction on Jan. 11, saying that the cryptocurrency could fall below $3,000 What did he say exactly? "The reality is it'll probably trade sideways between $3,000 and $5,000 for another month or two while it's trying to find which way to go. When it finds that direction, there'll be a breakout or a breakdown" Details here     Altcoin Ethereum Classic Reportedly Undergoes 51% Attack What is this all about? Earlier this week, ETC reportedly underwent a 51 percent attack. Coinbase and several other cryptocurrency exchanges temporarily paused deposits and withdrawals of the altcoin to prevent loss of funds. Crypto exchange Gate.io confirmed that the attack was carried out, however, it also reported later that $100,000 was returned to them with no explanation, prompting rumors of participation by a white hat hacker Why did this happen? It is worth taking a look at the chain of events leading up to the confirmation that ETC had indeed been the target of a blockchain reorganization Read our analysis to get to know more    Winklevoss Twins Confirm Commitment to Bitcoin ETF During Reddit AMA What happened? Cameron and Tyler Winklevoss doubled down on their commitment to getting a Bitcoin ETF approved during a question and answer session on Reddit's Ask Me Anything subreddit this week How did they argue this? The twins also showed support for Bitcoin specifically, referring to it as "the OG crypto" and calling it "the winner in the long term" Details here      From Bitconnect to SIM-Swap Swindling: 2018's Biggest Scams What is this all about? 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors Why did this happen? Let's take a look at some the biggest scams of 2018, as well as some of weirdest and outright ridiculous schemes       Prefer video instead of text? Check out our latest Hodler's Digest Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London