{"id":137560,"date":"2020-12-19T22:24:58","date_gmt":"2020-12-19T19:24:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/"},"modified":"2020-12-19T22:24:58","modified_gmt":"2020-12-19T19:24:58","slug":"bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/","title":{"rendered":"#Bitcoin breaks records, what happens next, Coinbase IPO: Hodler\u2019s Digest, Dec. 13\u201319"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4020e8b5018\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4020e8b5018\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Top_Stories_This_Week\" >Top Stories This Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Another_day_another_all-time_high_Bitcoin_hits_24000_in_weekend_surge\" >Another day, another all-time high  Bitcoin hits $24,000 in weekend surge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Bitcoin_price_can_hit_25000_before_2021_if_this_key_support_level_holds\" >Bitcoin price can hit $25,000 before 2021 if this key support level holds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Bitcoin_shortage_as_Wall_Street_FOMO_turns_Bitcoin_whales_into_plankton\" >Bitcoin shortage as Wall Street FOMO turns Bitcoin whales into plankton<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#The_Coinbase_IPO_is_coming_according_to_a_SEC_filing\" >The Coinbase IPO is coming, according to a SEC filing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Its_here_Treasury_proposes_rule_to_monitor_crypto_going_to_self-hosted_wallets\" >Its here: Treasury proposes rule to monitor crypto going to self-hosted wallets<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Winners_and_Losers\" >Winners and Losers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Most_Memorable_Quotations\" >Most Memorable Quotations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Prediction_of_the_Week\" >Prediction of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#DeVere_CEO_says_Bitcoin_will_rise_50_and_possibly_double_in_2021\" >DeVere CEO says Bitcoin will rise 50% and possibly double in 2021<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#FUD_of_the_Week\" >FUD of the Week<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Shock_survey_suggests_most_investors_think_Bitcoin_wont_top_50000_by_2030\" >Shock survey suggests most investors think Bitcoin wont top $50,000 by 2030<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Trading_app_Robinhood_settles_SEC_charges_for_65_million\" >Trading app Robinhood settles SEC charges for $65 million<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#IRS_tax_form_question_leaves_US_crypto_users_confused_and_concerned\" >IRS tax form question leaves U.S. crypto users confused and concerned<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Best_Cointelegraph_Features\" >Best Cointelegraph Features<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#How_to_build_an_exemplary_crypto_exchange\" >How to build an exemplary crypto exchange<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#When_will_Ethereum_20_fully_launch_Roadmap_promises_speed_but_history_says_otherwise\" >When will Ethereum 2.0 fully launch? Roadmap promises speed, but history says otherwise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-breaks-records-what-happens-next-coinbase-ipo-hodlers-digest-dec-13-19\/#Traditional_crypto_custodians_ramp_up_security_to_accommodate_institutional_demand\" >Traditional crypto custodians ramp up security to accommodate institutional demand<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Bitcoin breaks records, what h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ens next, Coinbase IPO: Hodler\u2019s Digest, Dec. 13\u201319<\/strong>&#8221;<\/p>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/dec-19.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link!\n                &lt;p style=\"text-align: center\"&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single important <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> 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.&lt;\/i&gt;&lt;\/b&gt;\n<\/code><\/pre>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Top_Stories_This_Week\"><\/span><b>Top Stories This Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><\/h4>\n<h4><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6520 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/Digest_18-12_1-1024x767.jpg\" alt=\"\" width=\"1024\" height=\"767\" \/><\/b><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Another_day_another_all-time_high_Bitcoin_hits_24000_in_weekend_surge\"><\/span><b>Another day, another all-time high  Bitcoin hits $24,000 in weekend surge<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">On Dec. 18, 2017, Bitcoin hit an all-time high of $19,891.99. <\/span><b>Years of price falls and drama followed. Nonetheless, believers remained confident that one day, <\/b><b><i>one day, <\/i><\/b><b>BTC would manage to crack $20,000.<\/b><\/p>\n<p><span style=\"font-weight: 400\">And on Dec. 16, 2020, that day finally came. In quick succession, BTC smashed through <\/span><b>$20,000<\/b><span style=\"font-weight: 400\">, <\/span><b>$21,000<\/b><span style=\"font-weight: 400\">, <\/span><b>$22,000 <\/b><i><span style=\"font-weight: 400\">and <\/span><\/i><b>$23,000,<\/b><span style=\"font-weight: 400\"> pausing for breath at <\/span><b>$23,800<\/b><span style=\"font-weight: 400\">. This stumbling block was eviscerated over the weekend when BTC headed above <\/span><b>$24,000.<\/b><\/p>\n<p><span style=\"font-weight: 400\">In an extraordinary run, Bitcoins price has surged by more than <\/span><b>25% <\/b><span style=\"font-weight: 400\">in the space of a week, with <\/span><span style=\"font-weight: 400\">Ether hitting yearly highs<\/span><span style=\"font-weight: 400\"> and altcoins such as <\/span><span style=\"font-weight: 400\">Litecoin performing strongly<\/span><span style=\"font-weight: 400\">, too.<\/span><\/p>\n<p><b>On-chain analyst Willy Woo has proclaimed that $55,000 is the next landmark for Bitcoin to reach  asserting that $100,000 is a ridiculously low target. <\/b><span style=\"font-weight: 400\">Meanwhile, Quantum Economics founder Mati Greenspan believes <\/span><span style=\"font-weight: 400\">things are just getting started<\/span><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Early miners have been turned into millionaires<\/span><span style=\"font-weight: 400\">, with the number of Bitcoin addresses holding at least <\/span><b>$1 million<\/b><span style=\"font-weight: 400\"> surging by <\/span><b>150% <\/b><span style=\"font-weight: 400\">this week. <\/span><b>And for a time, anyone who had ever bought Bitcoin was officially in profit.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Bitcoins network fundamentals <\/span><span style=\"font-weight: 400\">paint a very different picture<\/span><span style=\"font-weight: 400\"> to the 2017 bull run, but some things never change: as BTC surged beyond <\/span><b>$20,000<\/b><span style=\"font-weight: 400\">, both <\/span><span style=\"font-weight: 400\">Binance and Coinbase suffered outages<\/span><span style=\"font-weight: 400\">.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Bitcoin_price_can_hit_25000_before_2021_if_this_key_support_level_holds\"><\/span><b>Bitcoin price can hit $25,000 before 2021 if this key support level holds<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">As the Lambo brochures land on doormats, with the moon in sight, whats next?<\/span><\/p>\n<p><b>Cointelegraph analyst Michal van de Poppe says a drop to the $18,500 region in the short term shouldnt be ruled out but adds there could be further room to run as price discovery continues.<\/b><\/p>\n<p><span style=\"font-weight: 400\">He believes that <\/span><b>$19,500 <\/b><span style=\"font-weight: 400\">has now been turned into a critical level to hold. <\/span><b>The next level of interest is found at $25,800, which could be the next marker for a potential top.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Van de Poppe wrote: Such vertical rallies arent sustainable for long. <\/span><b>Thus, a correction will occur at some point. <\/b><span style=\"font-weight: 400\">However, predicting when it happens is anyones guess, as Bitcoin may easily run to <\/span><b>$30,000<\/b><span style=\"font-weight: 400\"> and then see a <\/span><b>30% <\/b><span style=\"font-weight: 400\">correction.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Its also shaping up to be a significant quarter for altcoins. <\/span><b>Historically, Bitcoin dominance tops out in December, and a strong quarter for smaller cryptocurrencies follows.<\/b><span style=\"font-weight: 400\"> The question now is if, and when, Bitcoins violent correction will occur.<\/span><\/p>\n<p><b>The options market is <\/b><b>pricing a potential Bitcoin rally<\/b><b> to between $36,000 and $50,000, indicating many traders believe the surge will continue in 2021. <\/b><span style=\"font-weight: 400\">A larger uptrend in the first half of 2021 would see BTC replicate the post-halving activity it saw in 2017.<\/span><\/p>\n<p><b>Now BTC has finally broken $20k, all bets are off, <\/b><span style=\"font-weight: 400\">crypto analyst and trader Cheds told Cointelegraph.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Bitcoin_shortage_as_Wall_Street_FOMO_turns_Bitcoin_whales_into_plankton\"><\/span><b>Bitcoin shortage as Wall Street FOMO turns Bitcoin whales into plankton<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Institutions are now making mincemeat of whales  and theyre beginning to look like plankton. <\/span><b>As long-term investors rush to offload Bitcoin at a profit, big firms are lining up to snap up their crypto en masse.<\/b><\/p>\n<p><span style=\"font-weight: 400\">A shortage of BTC on exchanges, coupled with institutional buying at over-the-counter venues, has laid the foundation for a fight over the remaining supply. <\/span><b>Price rises are the only logical solution.<\/b><\/p>\n<p><b>Ill repeat liquidity crisis incoming, <\/b><span style=\"font-weight: 400\">said Danny Scott, the CEO of U.K. exchange Coin Corner.<\/span><\/p>\n<p><span style=\"font-weight: 400\">And theres no sign of institutional activity slowing down, either, with some indicating that there is going to be a generational allocation to this new asset class.<\/span><\/p>\n<p><b>Heres the thing: Retail buyers arent even here. <\/b><span style=\"font-weight: 400\"><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, Wikipedia and even Google search activity <\/span><span style=\"font-weight: 400\">point to a world<\/span><span style=\"font-weight: 400\"> thats unaware of Bitcoins surge. (That said, BTC has been getting increased coverage in newspapers  with my grandmother revealing she read about it over her morning cup of tea on Thursday.)<\/span><\/p>\n<p><b>Tweets are only roughly where they were in January 2018; page views on Wikipedia are largely flat; and Google searches for Bitcoin have been less popular this week than they were in November.<\/b><\/p>\n<p><span style=\"font-weight: 400\">BTC just doesnt seem to have touched mainstream consciousness, and paradoxically, it seems many people are only prepared to buy crypto when it hits all-time highs.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_Coinbase_IPO_is_coming_according_to_a_SEC_filing\"><\/span><b>The Coinbase IPO is coming, according to a SEC filing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">One of cryptos most-anticipated initial public offerings is now one step closer.<\/span><\/p>\n<p><b>Coinbase has sent its draft registration for an IPO to the Securities and Exchange Commission. <\/b><span style=\"font-weight: 400\">This is a big deal given how its one of the biggest names in crypto, with a reputation for working well with U.S. regulators.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the research company Messari, Coinbase could fetch <\/span><span style=\"font-weight: 400\">a valuation of $28 billion<\/span><span style=\"font-weight: 400\"> if the IPO goes ahead. <\/span><b>Thats a substantial rise compared with its most recent funding round in October 2018, which gave the company a price tag of $8 billion.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Reports suggest that Coinbase <\/span><span style=\"font-weight: 400\">has approached Goldman Sachs<\/span><span style=\"font-weight: 400\"> to lead its IPO, but this is yet to be confirmed.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Its_here_Treasury_proposes_rule_to_monitor_crypto_going_to_self-hosted_wallets\"><\/span><b>Its here: Treasury proposes rule to monitor crypto going to self-hosted wallets<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets.<\/span><\/p>\n<p><b>Under the proposed rules, exchanges would have to verify the identity of their customers if a counterparty uses an unhosted or otherwise covered wallet and the transaction is greater than $3,000.<\/b><\/p>\n<p><span style=\"font-weight: 400\">The Treasury has now given stakeholders 15 days to respond with their comments, and Coinbase CEO Brian Armstrong was among the first to express reservations about the rumored plan in November.<\/span><\/p>\n<p><b>Several lawmakers <\/b><b>have expressed opposition<\/b><b> to the proposals, which could be regarded as an assault on the nature of peer-to-peer transactions. <\/b><span style=\"font-weight: 400\">That said, the measures on the table are not as radical as some had feared they would be.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Analysts believe that the mooted restrictions <\/span><span style=\"font-weight: 400\">wont impact Bitcoins rally<\/span><span style=\"font-weight: 400\">, arguing that the possibility of extra regulation has already been priced into the crypto market.<\/span><\/p>\n<h4><\/h4>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Winners_and_Losers\"><\/span><b>Winners and Losers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6492 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/Winners-and-Losers-12-dec-01-1024x826.jpg\" alt=\"\" width=\"1024\" height=\"826\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400\">At the end of the week, Bitcoin is at <\/span><b>$23,866.82<\/b><span style=\"font-weight: 400\">, Ether at <\/span><b>$663.73 <\/b><span style=\"font-weight: 400\">and XRP at <\/span><b>$0.58<\/b><span style=\"font-weight: 400\">. The total market cap is at <\/span><b>$674,326,311,469<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are <\/span><b>SwissBorg<\/b><span style=\"font-weight: 400\">,<\/span><b> Elrond <\/b><span style=\"font-weight: 400\">and <\/span><b>Zilliqa<\/b><span style=\"font-weight: 400\">. The top three altcoin losers of the week are <\/span><b>Energy Web Token<\/b><span style=\"font-weight: 400\">, <\/span><b>Waves <\/b><span style=\"font-weight: 400\">and <\/span><b>Filecoin<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For more info on crypto prices, make sure to read <\/span><span style=\"font-weight: 400\">Cointelegraphs market analysis<\/span><span style=\"font-weight: 400\">. <\/span><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Most_Memorable_Quotations\"><\/span><b>Most Memorable Quotations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">All you had to do to be a millionaire today, is mine a *single* #Bitcoin block between 2009 and 2012. You had 210,000 chances to do so.<\/span><\/p>\n<\/blockquote>\n<p><b>Rafael Schultze-Kraft<\/b><b>, Glassnode CTO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">One of Robinhoods primary selling points was that it did not charge its customers trading commissions. In reality, however, commission free trading at Robinhood came with a catch.<\/span><\/p>\n<\/blockquote>\n<p><b>The U.S. Securities and Exchange Commission<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">We are not at the all-time-high juncture where the BTC Top Cap Model starts curving upwards. Lets see how high she runs in 2021. $100k is a ridiculously low target at the current trajectory. $55k is the next landmark -&gt; Bitcoin becomes a $1T macro asset bucket.<\/span><\/p>\n<\/blockquote>\n<p><b>Willy Woo<\/b><b>, on-chain analyst<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Ill repeat\u2026 liquidity crisis incoming.<\/span><\/p>\n<\/blockquote>\n<p><b>Danny Scott<\/b><b>, Coin Corner<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">$ETH has started its run every December the last 3 years with at least 100%+ ROI over the following months. What makes you think this year will be any different? #Ethereum to $1000+ within the next few months IMO.<\/span><\/p>\n<\/blockquote>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1338959811409551360?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1338959811409551360%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fether-hits-yearly-highs-as-bitcoin-tops-22k\"><b>Altcoin Sherpa<\/b><\/a><b>, crypto analyst<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Settle in, because we will be visiting the $20-$22K level at least half a dozen times before we break through to the $30K range later in 2021.<\/span><\/p>\n<\/blockquote>\n<p><b>Alex Mashinsky<\/b><b>, Celsius Network CEO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Sustained growth is likely from here, at least for the time being. We are being driven by corporations and billionaires now, not just retailers.<\/span><\/p>\n<\/blockquote>\n<p><b>Brandon Mintz<\/b><b>, Bitcoin Depot CEO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">#Bitcoin just popped. Experienced some scaling issues. Should be fixed for now. Underestimated demand. Adding A LOT more servers still.<\/span><\/p>\n<\/blockquote>\n<p><b>Changpeng Zhao<\/b><b>, Binance CEO<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">We have been waiting for this moment for years, and now that $BTC #Bitcoin has finally broken 20k, all bets are off.<\/span><\/p>\n<\/blockquote>\n<p><b>Cheds<\/b><b>, crypto trader and analyst<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">Glad I bought Bitcoin. Next stop $50k. Wall of institutional money coming 2021. Buy below $20k. If you missed Bitcoin, buy silver.<\/span><\/p>\n<\/blockquote>\n<p><b>Robert Kiyosaki<\/b><b>, <\/b><b><i>Rich Dad, Poor Dad<\/i><\/b><b> author<\/b><\/p>\n<p>\u00a0<\/p>\n<blockquote><p><span style=\"font-weight: 400\">I would NEVER recommend anyone take out a personal loan to buy ETH or other ethereum assets.<\/span><\/p>\n<\/blockquote>\n<p><b>Vitalik Buterin<\/b><b>, Ethereum co-founder<\/b><\/p>\n<h2 style=\"text-align: center\"><\/h2>\n<h2 style=\"text-align: center\"><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6519 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/Digest_18-12_2-1024x767.jpg\" alt=\"\" width=\"1024\" height=\"767\" \/><\/b><\/h2>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Prediction_of_the_Week\"><\/span><b>Prediction of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"DeVere_CEO_says_Bitcoin_will_rise_50_and_possibly_double_in_2021\"><\/span><b>DeVere CEO says Bitcoin will rise 50% and possibly double in 2021<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">There are oh so many predictions doing the rounds about whats going to happen next.<\/span><\/p>\n<p><b>DeVere Group CEO Nigel Green has proclaimed that Bitcoin will have another record-breaking year in 2021.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Green believes prices will explode by <\/span><b>50%<\/b><span style=\"font-weight: 400\"> and hinted that they could even double. <\/span><b>On this basis, he expects BTC to trade between $34,500 and $46,000 at some point next year.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Robert Kiyosaki  the bestselling author of <\/span><i><span style=\"font-weight: 400\">Rich Dad, Poor Dad <\/span><\/i><span style=\"font-weight: 400\"> <\/span><span style=\"font-weight: 400\">has also thrown his hat<\/span><span style=\"font-weight: 400\"> into the prediction ring. <\/span><b>A wall of institutional money is coming to Bitcoin in 2021, he said, setting a target of $50,000.<\/b><\/p>\n<p><b>Theres one man who is relieved that one of his predictions finally came true. <\/b><span style=\"font-weight: 400\">Back in April, Mike Novogratz warned he may <\/span><span style=\"font-weight: 400\">hang his spurs<\/span><span style=\"font-weight: 400\"> if BTC failed to reach <\/span><b>$20,000 <\/b><span style=\"font-weight: 400\">in 2020. <\/span><b>Hes since tweeted to say hes glad I dont need to.<\/b><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"FUD_of_the_Week\"><\/span><b>FUD of the Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Shock_survey_suggests_most_investors_think_Bitcoin_wont_top_50000_by_2030\"><\/span><b>Shock survey suggests most investors think Bitcoin wont top $50,000 by 2030<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Unrelenting optimism over how Bitcoin will perform in 2021 doesnt appear to be matched by everyday investors.<\/span><\/p>\n<p><b>A Genesis Mining survey of 1,000 current and former U.S.-based Bitcoin investors suggests that just 17% believe BTC prices will exceed $50,000 in 10 years time. <\/b><span style=\"font-weight: 400\">Thats despite the fact that this would only require an increase of <\/span><b>108% <\/b><span style=\"font-weight: 400\">from current levels  with BTC surging by <\/span><b>230% <\/b><span style=\"font-weight: 400\">year-to-date.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In total, <\/span><b>50.1% <\/b><span style=\"font-weight: 400\">of those who took part in the poll believe that Bitcoin will be worth <\/span><b>$20,000 <\/b><span style=\"font-weight: 400\">or less by 2030; a third think itll be under <\/span><b>$10,000<\/b><span style=\"font-weight: 400\">; and a tenth fear prices will fall below <\/span><b>$1,000<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Trading_app_Robinhood_settles_SEC_charges_for_65_million\"><\/span><b>Trading app Robinhood settles SEC charges for $65 million<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Robinhood has staved off a lawsuit from the Securities and Exchange Commission by agreeing to pay <\/span><b>$65 million<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The SEC had accused the trading app of deceiving users as to where its money was actually coming from between 2015 and 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Regulators wrote: <\/span><b>One of Robinhoods primary selling points was that it did not charge its customers trading commissions. In reality, however, commission free trading at Robinhood came with a catch: Robinhoods customers received inferior execution prices compared to what they would have received from Robinhoods competitors.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Speaking to Cointelegraph, the head of Robinhoods legal team stressed that this is all in the past, explaining: <\/span><b>The settlement relates to historical practices that do not reflect Robinhood today.<\/b><\/p>\n<p><span style=\"font-weight: 400\">Unfortunately, Robinhoods legal woes may not end here, with reports emerging that securities regulators in Massachusetts are weighing up whether to file a case against the company for subjecting inexperienced investors to unnecessary trading risks.<\/span><\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"IRS_tax_form_question_leaves_US_crypto_users_confused_and_concerned\"><\/span><b>IRS tax form question leaves U.S. crypto users confused and concerned<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Crypto users in the U.S. have been left confused and frustrated over the wording of a question about digital currencies on this years tax return form.<\/span><\/p>\n<p><b>Form 1040 asks: At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?<\/b><\/p>\n<p><span style=\"font-weight: 400\">This question has now been placed much more prominently  near the top of the form. But heres the problem: Theres a lack of explicit guidance on the definition of a virtual currency.<\/span><\/p>\n<p><span style=\"font-weight: 400\">One crypto tax specialist has likened the question to a perjury trap.<\/span><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: center\"><\/h2>\n<h2 style=\"text-align: center\"><b><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-6518 size-large\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/Digest_18-12_3-1024x767.jpg\" alt=\"\" width=\"1024\" height=\"767\" \/><\/b><\/h2>\n<h2 style=\"text-align: center\"><span class=\"ez-toc-section\" id=\"Best_Cointelegraph_Features\"><\/span><b>Best Cointelegraph Features<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"How_to_build_an_exemplary_crypto_exchange\"><\/span><b>How to build an exemplary crypto exchange<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Building a crypto exchange can be a daunting process, but theres one question thats often overlooked: How do you build an excellent exchange? <\/span><b>Cointelegraph Magazine takes a look.<\/b><\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"When_will_Ethereum_20_fully_launch_Roadmap_promises_speed_but_history_says_otherwise\"><\/span><b>When will Ethereum 2.0 fully launch? Roadmap promises speed, but history says otherwise<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">What updates have been added, and how soon can they be implemented? Heres Julia Magas.<\/span><\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Traditional_crypto_custodians_ramp_up_security_to_accommodate_institutional_demand\"><\/span><b>Traditional crypto custodians ramp up security to accommodate institutional demand<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Offline storage solutions are necessary for traditional custodians and banks supporting digital assets, as Rachel Wolfson explains.<\/span><\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2020\/12\/19\/btc-breaks-record-whats-next-coinbase-ipo-121319\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Bitcoin breaks records, what happens next, Coinbase IPO: Hodler\u2019s Digest, Dec. 13\u201319&#8221; The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more \u2014 one week on Cointelegraph in one link! &lt;p style=&#8221;text-align: center&#8221;&gt;&lt;b&gt;&lt;i&gt;Coming every Saturday, &lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt;Hodlers Digest&lt;\/i&gt;&lt;\/b&gt;&lt;b&gt;&lt;i&gt; will help you track every single important news story that happened this week&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":137561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2020\/12\/dec-19.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-137560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/137560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=137560"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/137560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/137561"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=137560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=137560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=137560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}