Hodler's Digest, June 17-23: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This WeekFour big reasons bitcoin's price will probably not stop at $20K this timeBitcoin crossed $11,000 in under 24 hours after breaking the important level of $10,000 on Friday, ETH hit a 10-month high, while crypto markets see solid green by the end of the week.

The new addition will support a variety of cryptocurrencies, including bitcoin, bitcoin cash, ether and XRP. PwC noted that the tool is already employed to support the audits of its clients that work with cryptos, but that its ability to audit is influenced by a client's control environment.

According to the listings, both of the books - "Wave and Ripple Design Book" and "The Official Bitcoin Coloring Book" - are scheduled for release on June 28.

The author's profile claims that he is the same Nakamoto who created bitcoin - "Satoshi Nakamoto is the renowned inventor of Bitcoin" - and states that "100% of his book royalties to support STEM and environmental education programs serving underprivileged youth." Public reviews for the coloring book includes those from "Etheorum" creator "Vitallike Buttering," "Diamond James, CEO, J.P. Morgain," and "Buffet Warden, billionaire investor and Chairman of the Bored, Blandshire Haffling," obvious joking misspellings of famous crypto personalities.

Prediction of the WeekFundstrat's Tom Lee: Bitcoin is easily going to reach new highsTom Lee, the co-founder of Fundstrat Global Advisors, said this week that bitcoin has the potential to easily reach new highs.

In comments to CNBC, Lee noted that bitcoin is becoming the reserve currency of the crypto space, adding, "I think bitcoin is easily going to take out its all-time highs." According to Lee, bitcoin has been worth over $9,000 for only 4% of its history.

In tandem with his price predictions, Lee commented that Facebook's Libra project is a reflection of mainstream interest that destroys the argument of believing in blockchain, but not in bitcoin.

FUD of the WeekU.S. CFTC brings action against $147M bitcoin investment schemeThe United States Commodity Futures Trading Commission brought an action this week against a reportedly fraudulent $147 million bitcoin scheme.

The alleged scammers operated by soliciting investors to buy their bitcoin with cash, then sending the new clients BTC deposits to other customers, misrepresenting those as actual profits generated from crypto trading.

Cointelegraph had the chance this week to speak to Ben Mezrich, the author behind the book that spawned the film "The Social Network," about his new bitcoin-focused book on the rise of the Winklevoss twins' bitcoin fame.