Archive | May 2, 2018

Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token

The Wall Street Journal reported Telegram has raised $1.7 billion in anticipation of an initial coin offering (ICO). However, the company has instead decided to scrap its much publicized ICO in favor of beefing up its popular messaging service and expanding into tokenization. Also read: Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew […]

Telegram Cancels ICO After Raising Nearly $2 Billion in Private Money

Telegram has scrapped ICO plans after record-breaking private fundraising, and plans a new form of digital payment system on their own network. ICO isn’t needed after raising $1.8 billion in private funds Telegram Group Inc. announced that it is ending plans for public fund raising since it has raised so much money from private investment. Originally the startup… […]

Ripple Price Technical Analysis – XRP/USD Could Rally Towards $0.9100

Key Highlights Ripple price is slowly moving higher and is currently trading above $0.8400 against the US dollar. There is a key connecting bullish trend line forming with support at $0.8650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently facing resistance at $0.8750, which is a major… […]

Bitcoin Price Technical Analysis for 05/03/2018 – Can Bulls Keep Charging?

Bitcoin Price Key Highlights Bitcoin price is still in an uptrend and attempting to break past the $9000 barrier. Price is also inside an ascending channel on its 1-hour chart and appears to be setting its sights on the top. A continuation of the rally could take bitcoin price up to the $9500 level. Bitcoin… […]

Ethereum Price Technical Analysis – ETH/USD Could Surpass $725

Key Highlights ETH price is trading higher and it recently broke the $700 resistance against the US Dollar. There was a break above yesterday’s highlighted key bearish trend line with resistance at $685 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to gain traction and it could even break… […]

Asian Cryptocurrency Trading Roundup May 3: Bytecoin Breaks $1Billion Market Cap

FOMO Moments Markets are slowly inching upwards as we near the end of another week in cryptoland. The dip was short-lived and total market capitalization is at a two monthly high of $440 billion. Bitcoin has not made significant gains over $9,000 but is up 2% on the day at $9,250. The momentum this time… […]

Bitcoin, Ethereum, and Blockchain Super Conference II: Bring Your Kids, Friends, Colleagues for Just $97 per Head

DALLAS, TX – Organizers of the second Bitcoin, Ethereum, and Blockchain Super Conference (which is being held in September at Dallas) are running a special promotion. Attendees who reserve their spot before midnight on Sunday May 6th will be able to add “companion” tickets for just $97 per head. Tickets to the Super Conference usually […]

Algebraix Welcomes Esteemed Industry Leaders To Advisory Board

AUSTIN, Texas, May 02, 2018 – Algebraix has assembled an accomplished team of advisors with a wide range of industry experience. The Algebraix Advisory Board is made up of experts from finance, media, and blockchain technology. The Advisory Board members are the following: Rob Gregory, President of WhoSay, a Viacom company Ichiro Minamikawa, CEO at […]

Bitcoin Cash Price Technical Analysis – BCH/USD Surged Above $1,500

Key Points Bitcoin cash price gained upside momentum and broke a major resistance at $1,500 against the US Dollar. Yesterday’s highlighted key connecting bearish trend line with resistance at $1,370 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently facing a tiny resistance near $1,540 and… […]

Hyperion: Supporting Blockchain Entrepreneurs

On the back of the break-out year for ICOs in 2017, in which $5.6 bn was raised, 2018 has already proven that the ICO is not a fad — funds raised through ICOs by the end of April have already exceeded $6.3bn. After the resounding success of ICOs in 2017, Invictus Capital expects to see an increase […]