Archive | August 24, 2017

The Bitcoin Sovereign Wealth Fund – Bloomberg

BloombergThe Bitcoin Sovereign Wealth FundBloombergThe price of crypto-currencies is incredibly volatile: Bitcoin has jumped 340 percent year-to-date, and in 2013 it once fell 50 percent overnight. In theory, an estcoin would be backed by hard assets l…

Ethereum Price Technical Analysis – ETH/USD Bullish Case

Key Highlights ETH price is rising higher and currently trading near the $328 level against the US Dollar. There is an ascending channel with support at $319 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to continue higher and it could even break the channel resistance at $329 […]

Bitcoin Price Analysis – Retesting all time highs

The Bitcoin network and price has been heavily influenced by Bitcoin Cash (BCash) and SegWit activation over the past few weeks. It is no coincidence that BCash was launched to directly compete in this manner.The market has been struggling to continue …

Ethereum Classic Price Technical Analysis – ETC/USD Back Bullish?

Key Highlights Ethereum classic price made a nice upside move and traded above $15.00 against the US Dollar. There is a major connecting bullish trend line with support at $14.90 forming on the hourly chart of ETC/USD (Data feed via Kraken). The price is currently correcting lower but likely to find support near $15.00 and […]

Bitcoin Cash Price Technical Analysis – BCH/USD Forming Bearish Structure

Key Points Bitcoin cash price failed to move above the $750 level against the US Dollar and started a downside move. There was a break below yesterday’s highlighted bullish trend line with support at $670 on the hourly chart of BCH/USD (data feed from Kraken). The price is now trading below the $680 resistance and […]

SEC halts trading of secretive bitcoin stock – New York Post

New York PostSEC halts trading of secretive bitcoin stockNew York PostUS regulators on Thursday halted trading in a Canadian bitcoin company that had surged more than 6,000 percent this year. The Securities and Exchange Commission said it has concerns that the company, First Bitcoin Capital, wasn’t telling the whole …SEC Suspends Trading of Publicly Listed […]

Aimwise to Create Standards for Cryptocurrency Crowdsales

The startup ecosystem, especially those related to cryptocurrency and blockchain technology have found ICOs and token sales to be the easiest and the most efficient form of fundraising methods. In the past few months alone, the world has witnessed some of the highest grossing ICOs which raised over a hundred million dollars equivalent in cryptocurrency. […]

Estonia considering ‘estcoin’ ICO for e-residents

The Estonian government is considering an Initial Coin Offering (ICO) for a cryptoasset called estcoin. The resulting sale would enable “anyone to invest in a country for the first time,” explains Kaspar Korjus, the Managing Director at e-Residency.Korjus explained that the funds could be managed through a Public Private Partnership (PPP. This would enable Estonia to invest in new technologies and […]