Posts Tagged: Bitmain

Bitcoin at $5,200; China Considers Mining Ban

This is proving to be another interesting week for Bitcoin as the cryptocurrency is seeing a strong revival of interest like it hasn’t had for months. After trading volume exploded last week, Bitcoin was not only able to break past $5,000 but it also set a new support level with

Bitcoin Price Drops; Anonymous Miners Taking Over?

Despite Bitcoin showing bullish signs at the middle of last week, the cryptocurrency actually headed in a different direction during the past couple of days, failing to break the resistance level at $4,200 and dropping down to $3,660. Looking at the stats from this period, it seems that the price

Bitcoin Reverts to $3,800; New Facebook Imposters Emerge

After a tough couple of weeks that most of the community labeled as a “crypto winter”, Bitcoin has reverted back to $3,800, raising hope of a possible stop to the big sell-off. Since last week, the price of the coin jumped over $300+ on the back of an increase in

Bitcoin at $6,300; Bitcoin Cash Future Uncertain?

The world’s biggest cryptocurrency by trading volume is back at $6,300 after an interesting week of highs and lows. As the charts show, the past week was marked by increased trading interest which took the market from being bullish to bearish and then bullish again as investor sentiment changed. But

Bitcoin Sell-Off Suspected; China Mining Company Asks $1b in Fundraising

Bitcoin is once more heading towards $7,500 after drawing a curve on the price charts last week supported by increased trading interest. Like Forbes reported, BTC price reached a one-month peak yesterday, pulling other digital currencies along with it. In the course of Monday to Tuesday, Bitcoin grew 2.2% to