Archive | May 16, 2018

Bitcoin Price Analysis, 16th May 2018: Bitcoin Markets Stagnant Above $8,000

Bitcoin markets appear to have a hard time finding sustainable support above USD 8,500 levels. Even after the bullish breakout experienced only a couple of days ago, markets are again experiencing a dip, this time reaching low levels of USD 8,100. The day’s signals Large sell0ffs crashed Bitcoin prices down from USD 8,500 levels where […]

Ripple Price Analysis: XRP/USD Correcting Higher

Key Highlights Ripple price started an upside correction after trading as low as $0.6603 against the US dollar. There is an ascending channel forming with current support at $0.6900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may continue to correct higher if it breaks the $0.7150 resistance level…. […]

Binance Postpones TrueUSD Listing After Stable Coin Spikes

Binance postpones planned listing of TrueUSD soon after the stable currency price spiked to $1.30 USD, begging the question, what does stable mean? TrueUSD Listing Postponed TrueUSD launched by San Francisco based TrustToken in March is a so-called stable coin which is purportedly pegged to the US dollar similar to Tether. According to TrustToken the difference is… […]

SEC Educates Investors by Launching Fake Crypto Site

The SEC’s spoof ICO launch, HoweyCoins website breaks down the red flags of fraudulent fundraising to educate potential victims. SEC Launches Fake ICO to Educate Investors The Securities Exchange Commission, a US regulatory branch charged with investigating fraudulent ICOs, has created their own ICO web page to show potential investment victims the obvious signs of scam… […]

Ethereum Price Analysis: Can ETH/USD Recover Further?

Key Highlights ETH price found support near the $677 level and started an upside correction against the US Dollar. There was a break above a contracting triangle pattern with resistance at $700 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now moving higher and it may test the $725 and… […]

Paymon: Blockchain 4.0?

The blockchain company Paymon finished the second round of ICO on the 3rd of May. As it was mentioned in this article, the new technology is one of the strongest reasons to invest and believe in the company. What exactly is the innovation of the Paymon blockchain called Hive? Why is it more pioneering than […]

Devvio Blockchain First to Surpass Millions of Transactions per Second

Innovative Sharding Algorithm Solves Blockchain’s Scaling Challengesat over 2.5 Million Transactions per Second Albuquerque, NM — May 16th, 2018— Devvio, a pioneer in blockchain protocols (https://devv.io), today announced that its Devcash blockchain has achieved benchmarking results of over 2,500,000 transactions per second, processed on-chain. The benchmarking test refers to transactions validated within the blocks of […]

Trade Cryptocurrency with Confidence with 1,000 Whales in Your Wallet – Singapore’s First Fintech Trading App Spiking Announces Initial Token Offering

Singapore, 16 May 2018 – Spiking, Singapore’s first financial-technology trading application, will be launching its Initial Token Offering (ITO) pre-sale on 9 May 2018. The Spiking platform will allow traders to find Whales (i.e. key executives of large companies behind cryptocurrency tokens, mining pools and/or large holders) and follow their cryptocurrency trades. Powered by state-of-the-art […]

Bitcoin Cash Price Analysis: BCH/USD Facing Uphill Task

Key Points Bitcoin cash price found support near the $1,220 level and recovered slightly against the US Dollar. There is a short-term bearish trend line forming with resistance at $1,340 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near $1,340 and $1,350… […]

Skrumble Network Crowdfunding Sells Out in 1 Hour With the Help of LEEKICO and Announces First Exchange Listing

May 16th, 2018 – Sydney, Australia – LEEKICO, a one-stop-service ICO platform, successfully supported Skrumble Network (SKM), a project aiming to solve the data ownership crisis with a secure blockchain and application, in completing its highly anticipated token sale on May 5th, 2018. With LEEKICO’s support, Skrumble Network (SKM) reached their hard cap of 20,000 […]