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Crypto Digest: BTC $18K, French Crackdown on Crypto
Author: changehero
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What was happening this week in crypto? The Bitcoin rally seems to have taken a back seat for now. Investors are as active as ever, especially MicroStrategy, which plans to buy even more BTC. French authorities are planning to ban privacy coins. These are only several news topics covered by the ChangeHero team in this weekly crypto digest. Dive in for the check on the market and more stories coverage!

ChangeHero Updates

Let us start this crypto digest with a quick update from us at ChangeHero!

Trezor Campaign: Zero Fee Exchanges & Giveaway

ChangeHero and Trezor Wallets giveaway

This week, we started a promotional campaign with our long-time partner, Trezor! For Trezor users, ChangeHero waived all service fees for a week when using the in-app exchange option. Even those who don’t have a Trezor wallet yet can join the fun. Trezor is giving away two Model T wallets with $300 in Bitcoin to go with it from ChangeHero! The campaign lasts until December, 13, so you might still be able to join on Twitter.

Latest Crypto News

This week was a bit slower than the last one, but there were still plenty of events to cover in our crypto digest. Here are the most important ones:

Bitcoin News

BTC price update:

bitcoin price chart -11th December 2020
Source: TradingView

Tech Crypto News

Business & Crypto News

Regulation & Politics Crypto News

Twitter Crypto Digest

Edward Snowden here to remind you that “number go up” is not always indicative of the true value of an asset. Especially considering that USD is depreciating at the moment. It seems that the day when Bitcoin will be seen as a more reliable store of value is not that far away.

There was not much XRP news this week, aside from one story. It centers around the newly released 2021 Crypto Theses by Ryan Selkis, notorious for his straightforwardness. Bitstamp acted as a sponsor of the paper, which caused backlash from XRP and XLM communities. The paper described these currencies as “toxic waste” and “snake oil”. Bitstamp decided to come forward with a public apology.

Imagine using Bitcoin to leverage Tether. Nevertheless, even this nonsensical bit of dialogue from the “Shameless” final season premiere got some members in the community excited.

Influencer of the Week

Cred’s Twitter bio simply says “Trader”. This is a bit under-descriptive, as Cred actually focuses on quality educational content. He has compiled resources to popularize technical analysis. He is also one of the hosts on the Technical Roundup YouTube channel.

Top Coin Digest: Price Change

At the moment of writing the crypto digest, the market’s dynamics for the last 7 days are the following:

7d Top Coin Digest

coin digest for second week of December 2020
Source: Coin360

At the moment of writing the crypto digest, the 7-day change of the top currencies is the following:

Should I buy Ethereum or Bitcoin? As of today, both currencies have slightly dipped. This could be a buying chance for either before they rise in price.

Gainers of the Week on ChangeHero

Which cryptocurrency will rise in 2020, at least what’s left of it? At the time of writing this crypto digest, the winner altcoins are:

The top coin digest list includes the currencies that can be traded and exchanged on ChangeHero. You can buy and sell some of them (BTC, ETH, BCH, BSV, TRX) with your credit card on our website, too. Either way, it will not take more than 15 minutes, and we will find the best rate on the market for your purchase.

Key Takeaways


That is it for this weekly crypto digest. Will Bitcoin continue its rally or is it the start of a larger correction? Tune in in a week to our blog to find out! Don’t miss an update by subscribing to our Twitter, Facebook, Reddit and Telegram.

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