Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12
Thomas Simms's original article for cointelegraph.com reduced by 78%
Court denies SEC request to make Telegram reveal ICO bank records. The SEC has been trying to find out how Telegram spent the $1.7 billion raised during its initial coin offering in 2018, but the company said the regulator's request amounted to an "Unfounded fishing expedition." It isn't all smooth sailing for Telegram as it will still have to prove that its bank records comply with foreign data privacy laws. Binance CEO Changpeng Zhao has called on the whole crypto community to offer its support as the fires continue to rage.
"Litecoin Difficulty Ribbon now in recovery. Should set up a bullish breakout of the bearish channel. I wouldn't be surprised if LTC leads a bullish breakout of BTC.".
BitPay exec: "Something unforeseen" to push Bitcoin over $20,000 in 2020.Sonny Singh, the chief commercial officer at BitPay, says Bitcoin will reach its highest price ever this year with "Unforeseen" events attracting new buyers. Directors of alleged crypto pyramid scheme Dunamiscoins to stand trial. Bitcoin is becoming more valuable to Iranians amid tensions with the U.S.Shiraz Jagati takes an in-depth look at BTC's movements following the death of Iranian commander Qassem Soleimani, and asks whether Iranians really believe in the power of Bitcoin.
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CN [too long; didn’t read]
Summarised crypto news.