XRP Targets New All-Time Highs After Surviving SEC Slaughter
XRP is now trading at $1 or more, even despite the parent company Ripple still being locked in a legal battle with the United States Securities and Exchange Commission. Not only does the recent pump prove the power of borderless cryptocurrencies, but it takes the token to a key technical level that if broken, should […]
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Missouri Secretary of State Jason Kander has ordered a local bitcoin mining hardware company to halt operations, citing a number of concerns. The mining company, Virtual Mining Corporation (VMC), is headed by CEO Kenneth E. Slaughter and has been involved in the bitcoin space since 2009. VMC's parent company, AMC, is currently developing 28nm ASIC mining chips of its own, and it is this side of the business that has caused Kander to act. 'Deceptive tactics'. Kander claims that Slaughter used 'deceptive tactics' to raise money for the development of bitcoin mining rigs, with the Secretary....
Missouri Secretary of State Jason Kander has reported halted the bitcoin-related operations of a man residing in Springfield, according to a report from the Springfield News-Leader. The report indicates that Kenneth Slaughter used "deceptive tactics" to try and convince investors in the online space to pay for the development of equipment used to mine bitcoin. "The fact that somebody is selling investments through Bitcoin rather than traditional currency doesn't change their obligations to investors, and I encourage Missourians to call my office before making any Bitcoin investments," said....
Here’s what we are looking at as we head a fresh day's trading in the bitcoin price market. Across pretty much the entirety of yesterday’s session in the bitcoin price, we saw an upside run. Marred by the odd correction, this run brought price to trade at what amounted to fresh weekly highs just ahead of 665, shortly before the day drew to a close. This is, of course, still quite a long way off the highs that came about last week, so this means two things. First, that there is still plenty of room to the upside if volume can hold price up for another sustained run. Second, that if we get....
The crunch point for Bitcoin bulls is closer than you might think, argues Michaël van de Poppe. Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView“So near yet so far” for BTC price all-time highData from Cointelegraph Markets Pro and TradingView showed BTC/USD drawing little attention as it tracked sideways around $61,000.After multiple days of such moves, the focus from analysts remained firmly on altcoins as multiple tokens continued to rally to fresh record....
XRP’s price action throughout the past few months, and even years, has been nothing more than lackluster, with the token still trading down over 90% from its all-time highs while failing to garner any widespread adoption. The token’s close ties to FinTech company Ripple has been a double-edged sword for its performance. On the one […]