RATE Group | Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12
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Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12

12 Jan Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12

Posted at 21:18h in Bitcoin News by

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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.

Top Stories This Week

Bitcoin on the verge of breaking seven-month downtrend

It’s been another tumultuous week for the world’s biggest cryptocurrency, which is on the verge of breaking out of a long-running downtrend. Although BTC rallied to $8,400 a few days ago — which is the next resistance zone, according to analysts — prices have since retreated back to the low $8,000s. It follows speculation that geopolitical instability, fuelled by the increasing tensions between the United States and Iran, may have sparked the surge. Data from Google Trends showed that the search term “Bitcoin Iran” surged 4,450% in the seven days leading up to Jan. 8. Also this week, Fundstrat Global Advisors suggested that BTC has the…

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