Recap
This week started off with a general lift on prices, as you can see from the winners and losers tables above. Bitcoin is looking increasingly bullish following its strong move above $4,000, re-gaining more than 20% in a week. In the last seven days, the total market cap went from $103 billions to the current level of $135 billions.
Bloomberg News reported Tuesday that it has seen Tether bank statements indicating that the company held sufficient dollars to back the 1.8 billion USDT tokens on the market.
Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin proponent Tim Draper and Draper Associates.
Facebook is developing a cryptocurrency that would enable money transfers to be done through its messaging app WhatsApp. The company is working on a stablecoin pegged to the US Dollar to minimize volatility.
News
This Price Chart Indicates Bitcoin’s Bulls Are Back in Business
Crypto-Mystery Clues Suggest Tether Has the Billions It Promised
Tim Draper is Betting On Bitcoin Lightning Payments
Facebook Developing Cryptocurrency for WhatsApp Transfers Amidst Another Privacy Scandal
US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws
Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1
Bearish on Tether? Bitfinex Adds USDT Margin Trading
Coinbase to relaunch Earn.com as Coinbase Earn, the latest iteration of a product with many former identities
Trading Ideas
BTC
ETH
EOS
Podcast of the week
The greatest shitcoin talk episode of all time
