U.Today - is inching closer to the coveted $30,000 milestone. As enthusiasts and traders watch the ticker with bated breath, the big question remains: can Bitcoin firmly secure its spot above the $30K mark? Based on recent data, a substantial potential resistance level exists around this price point.

Bengaluru: Three people, including a father-and-son duo, were arrested for luring people to invest in Bitcoins in return for huge profits.The arrested are MS Srikanta, his father Satheesha MA, and their associate Deepak. Satheesha is director of Sri Pancha Aishwarya Multipurpose Souhardha Co-operative Limited. The trio cheated at least 1,300 people and pocketed around Rs 6 crore.

At the Plan B Forum in Lugano, Switzerland this past weekend, CASA CTO Jameson Lopp presented new findings that question deceased cryptographer Hal Finneys involvement in creating Bitcoin. Lopp in his speech acknowledges that Finney made major contributions to the cryptocurrency and was the first person besides Satoshi Nakamoto to use the software, however,Lopp believes there is substantial evidence showing he was not behind the pseudonym. The central point of Lopps argument was a race that took place on April 18, 2009, in Santa Barbara, California.