Bitcoin Price is Getting Restored as the Whales are Playing on Defensive Mode

Bitcoin entered a resistant area of below $55K evaluation more than once during the last week. However, the flagship cryptocurrency has started to get reinstated once again. At the time of writing this article, Bitcoin has reached $58,845 with a daily profit reading of 4.53%. The driving force behind this upsurge is the presence of … Read more

Bitcoin Bears are Waiting for an Ideal Position of $60K after $1.1 Billion Options Expiry

Tomorrow the Bitcoin traders would be looking at the $104 million advantage. This advantage would be led by the upcoming $1.1 billion options expiry that would be neutralized after 38 hours. However, the market bulls are hoping for a $60K ranking to witness a favorable weekend close. The leading coin has yet again recovered from … Read more

Bitcoin Market Keeps Recovering from Depression Despite no Interest from Facebook

A few days ago, the news of Facebook acquiring Bitcoin hit the cryptocurrency market, and it spread in the crypto communities like wildfire. While the rumor did more good than harm for the Bitcoin investors, the small percentage of price rise was only temporary. In case this news would have been based on some credible … Read more

China is Determined to Get Ahead in the Bitcoin Mining Ranks

Bitcoin and many more cryptocurrencies are running under the supervision of the Chinese government. There have been raising concerns expressed by the business class and political leadership of the United States about the difference in Bitcoin mining capabilities. Many crypto cynics like Kevin O Leary have been found to state that the businessmen of the … Read more

The Securities and Exchange Commission Submits a new Motion in the Court Against Ripple

The Securities and Exchange Commission (SEC) is notorious for being a stingy opponent. The regulatory agency launched a massive lawsuit against the Ripple Labs executives for violating the 1933 Securities Act of the United States. It is alleged that the upper brass of Ripple Labs has raised about 1 billion by trading unregistered securities.  This … Read more