Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $22.7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator. SFOX caters specifically to professional traders, high net-worth individuals and …
ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum. Lubin: Ripple ‘Isn’t Really A Blockchain’ Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s …
Key Highlights Ripple price corrected higher recently and broke the $0.2660 and $0.2800 resistances against the US dollar. There is a new connecting bearish trend line formed with resistance at $0.3010 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently below the 100 hourly SMA, but it remains …
Paragon, a blockchain company that develops seed-to-sale tracking solutions for the marijuana industry, is joining hands with Civic Technologies Inc., a digital identity firm, to bring secure and trusted identity services to Paragon’s digital community. Customers can now provide their state-issued IDs or driver’s licenses to verify their identities on Paragon, making it even more …
Playboy Enterprises has filed a lawsuit against a cryptocurrency company over failure to create a digital currency wallet for payments. A Clash in Court Playboy Enterprises, the parent company behind the marquee adult magazine, has filed a lawsuit against Global Blockchain Technologies (GBT) in the Los Angeles County Superior Court according to LA Times. Reportedly, …
Key Highlights ETH price is surging higher and it recently moved above the $900 level against the US Dollar. There is a crucial bullish trend line forming with support at $890 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair remains in a super bullish trend and it is likely to move …
When the history of Bitcoin and blockchains is written, 2017 will be the year tagged as the “turning point” when Bitcoin and “red hot” blockchain technology went mainstream. The steadily rising bitcoin price and market cap is a key, though not the only, indicator that a tipping point has been reached. Despite turmoil like ICOs …
Bitcoinist.net · January 3, 2018 · 6:30 pm GI, Gibraltar, January 3, 2018. – STK has closed its Token Generation Event after successfully reaching its hard cap of $17MM more than a month prior to its scheduled public sale. After adjusting private and pre-sale contribution allocations for the recent increase in ETH, the pool of …
Key Points Bitcoin cash price started a downside correction after trading toward $2800 against the US Dollar. There is a key bullish trend line forming with support at $2450 on the hourly chart of BCH/USD (data feed from Kraken). The 100 hourly simple moving average is also around $2450 to act as a support. Bitcoin …
Interest in cryptocurrencies is at a fever pitch with untold numbers of token projects taking place every month. Initial coin offerings (ICOs) have yielded north of $1 billion in 2017, making this, clearly, the year of token launches. In Q3 alone, ICOs captured more than $1.3 billion for related ventures. This is estimated to be …