Bitcoin (BTC) Price Watch: Bulls on Defense After Breakdown

Bitcoin (BTC) Price Watch: Bulls on Defense After Breakdown Bitcoin Price Key Highlights Bitcoin price broke below its short-term consolidation to drop to the longer-term triangle bottom. A downside break from this area could lead to a drop to the lows around $5,800 or a continuation of the slide. Bulls still seem to be defending…

Bitcoin Cash Price Analysis: Successful ViaBTC’s ICO is “Very Bullish” for BCH

Bitcoin Cash Price Analysis: Successful ViaBTC’s ICO is “Very Bullish” for BCH ViaBTC demonstration that it’s possible for startups to raise funds on the Bitcoin Cash blockchain is very bullish for BCH investors. Complementing this is Roger Ver’s solid plan of setting up a “high liquid exchange with BCH as base”. This and other fundamental…

Litecoin Price Analysis: EOS, Tron, IOTA Rejection of Bears Positive for Altcoins

Litecoin Price Analysis: EOS, Tron, IOTA Rejection of Bears Positive for Altcoins A correction is underway in IOTA and TRX price charts following bull break out above important resistance levels a few days ago. Still, we retain a bullish outlook recommending buyers to buy on dips as long as prices are trading above key support…

1Broker Says Bitcoin Futures Site Will Start Processing Withdrawals Thursday

1Broker Says Bitcoin Futures Site Will Start Processing Withdrawals Thursday Bitcoin futures firm 1Broker, which has been charged with violating a number of U.S. securities laws, has announced that it would reopen withdrawals on Thursday. The trading platform, which was accused of acting as an unregistered security-based swaps dealer, as well as violating money laundering…

Suspect in Thai Bitcoin Scam Unable to Return to Thailand Due to Passport Revocation

Suspect in Thai Bitcoin Scam Unable to Return to Thailand Due to Passport Revocation The Foreign Ministry of Thailand has revoked the passport of an alleged crypto scammer, which has reportedly rendered him unable to return to his home country for prosecution, the Bangkok Post reports Wednesday, Oct. 10. According to the report, Prinya Jaravijit was in the U.S. after a…

One Big Backer Is Propping Up Media Startup Civil’s Struggling ICO

One Big Backer Is Propping Up Media Startup Civil’s Struggling ICO The token sale for Civil, the ConsenSys-backed company putting journalism on the blockchain, has brought in $1.34 million toward its $8 million minimum, according to a transparency report released today by the company. The company is pre-selling allocations of its consumer token, dubbed CVL, in…

Citizens Reserve Partners With Comcast-Backed Blockchain Startup

Citizens Reserve Partners With Comcast-Backed Blockchain Startup Blockchain startup Citizens Reserve is partnering with enterprise software startup Blockdaemon to more rapidly deploy nodes. Announced Wednesday, the partnership is aimed at helping Citizens Reserve, lead by a team of former Deloitte blockchain employees, and its clients more quickly deploy nodes using tools developed by Blockdaemon, enabling users to more…

BMW-Backed Blockchain Competition Offers Token Prizes for Auto Tech

BMW-Backed Blockchain Competition Offers Token Prizes for Auto Tech The Mobility Open Blockchain Initiative (MOBI) has launched a development “tournament” to explore how vehicles will communicate, co-operate and transact in the smart cities of the near-future. The 4-month MOBI Grand Challenge kicks off on October 12, with a public demonstration of winning technologies to be…