RATE Group | Bitcoin Madness, Zuckerberg in Congress, China’s Blockchain Plans: Hodler’s Digest, Oct …
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Bitcoin Madness, Zuckerberg in Congress, China’s Blockchain Plans: Hodler’s Digest, Oct …

27 Oct Bitcoin Madness, Zuckerberg in Congress, China’s Blockchain Plans: Hodler’s Digest, Oct …

Posted at 21:04h in Cryptocurrency 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 price back over $10,000 following 36% gains on the day

The world’s largest cryptocurrency has had us all in for a white-knuckle ride this week. Wednesday saw Bitcoin (BTC) crash $500 in a matter of minutes and sink to $7,500 — a five-month low. Saturday was a different story. At one point, BTC had realized massive gains of 36% on the day — taking the coin hurtling beyond $10,100. One commentator claimed it was the fourth-largest gain in Bitcoin’s history, and the biggest daily gain since 2011. As ever, it’s unclear what’s behind the surge. Record trading volumes of Bakkt futures contracts may be one factor, and as we’ll explore a little bit later, some words of encouragement from…

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