Hodler's Digest, Dec 10-16: Top Stories, Price Movements, Quotes and FUD of the week

Prosecutors in a Tokyo court this week have claimed that Karpeles had stolen around $3 million worth of funds from the exchange, in a case not connected to the hack.

At one point this week, ASICMinerValue.com - which calculates real-time profitability for ASIC miners - found that only two were currently making any profit.

The chairman of the United States Securities and Exchange Commission, Jay Clayton, said this week that Initial Coin Offerings "Can be effective" instruments for raising capital.

During a speech given this week, Clayton noted that there are a "Number of concerns" related to ICOs, but that they can be "Effective" ways to raise capital providing that securities laws are followed.

Korean-headquartered transnational tech conglomerate Samsung has refuted rumors this week that it plans to launch a crypto cold wallet on its Galaxy S10 smartphone.

The top three altcoin gainers of the week are Bolenum, Vestoria and SURETY. The top three altcoin losers of the week are BitF, KWH Coin and DACH Coin.

Crypto bull and co-founder of Fundstrat Global Advisors Tom Lee said this week that Bitcoin's "Fair value" is much higher than its current price.

In a note from this week, Lee also said that the coin's fair value is between $13,800 and $14,800, also adding that the value could reach as high as $150,000.

The People's Bank of China, the country's central bank, highlighted the illegality of Security Token Offerings in the country in a statement this week.

Pan Gongsheng reportedly told a summit in Beijing this week that both STOs and ICOs were "Rampant" in the mainland, despite the "Nationwide clean-up" of the crypto markets in China last year.