China’s Proposed Mining Ban Could Be Detrimental to Bitmain

China’s state planning agency, the National Development and Reform Commission (NDRC), has indicated an interest in banning cryptocurrency mining in the country through a notice published online in Mandarin. The report stated that the NDRC will include cryptocurrency mining activities to a list of sectors that could be shut down based on their violation of […]

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Potential Pullback Looms As Bitcoin Approaches Major Resistance Above $5,500

The arguments for a big market correction are gaining strength. As Bitcoin approaches another heavy resistance barrier buying pressure is likely to diminish as previous charts have shown. If and how far it will fall remains the big question this week. Bitcoin Approaching 50 Week MA When Bitcoin broke through the 200 day moving average […]

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Bitcoin Goes Mainstream As Miss Universe Receives Lightning Torch

Bitcoin adoption took a step in a new direction this weekend after a former Miss Universe contestant joined the Lightning Torch transaction relay. Rosa-Maria Ryyti HODLs Lightning Torch In what appears to be an unexpected choice, Jeremias Kangas, founder of P2P trading platform Localbitcoins, opted to pass the Torch outside the cryptocurrency community – to […]

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