$1.9 billion in BTC options are set to expire on Feb. 24, and bulls are well positioned to profit despite the Federal Reserve's intention to cool off the U.S. economy.
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recover...
Bitcoin’s hashrate recovery, steady peer-to-peer markets and the steady volume exhibited by Asia-based exchanges suggest that China’s attempt to ban BTC was ineffective.
Bitcoin Price Key Highlights
Bitcoin price bounced after forming a bullish divergence on its 1-hour time frame.
Price could make another test of the longer-term channel resistance to attempt an upside break.
However, bitcoin has to contend with Fib...