From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales

A health startup tied to a public cryptocurrency is using overstated language about some of its industry relationships and its affiliation with crypto exchange Coinbase as it seeks to sell tokens to investors, a CoinDesk investigation has found. Mexico City-based Doc.com, which offers an app that provides healthcare and psychology consulting to underprivileged communities, also features a built-in wallet for the startup’s cryptocurrency, MTC. The venture-backed startup raised over $1.8 million in an initial coin offering (ICO) in 2018, then integrated MTC into its app in July of that year…

BitTorrent Token (BTT) Sale Over in Minutes

The BitTorrent Token (BTT) sale on Binance took place yesterday. In under 15 minutes, $7.1 million was raised, selling 50 billion BTT token. Binance announced the conclusion of the sale via an official blog post on their website. BitTorrent Token (BTT) Sale The token sale ran in two different sessions: One for purchasing BTT with TRON (TRX) and the other purchasing BTT with Binance Coin (BNB). Both sale sessions ended quickly. This didn’t go without a hitch though. It seems Binance wasn’t fully prepared for the amount of traffic it was…

BTC Upsides, Break above $3,800 on the Cards

Bitcoin price reject lower lows, stable Exchanges in South Korea band together to protect investors and prevent illegalities Transaction volumes low, prices trading in tight ranges Despite yesterday’s declines, BTC is technically bullish. From candlestick arrangements, it is likely that in days ahead, buyers will flock in driving prices back above the $3,800 level triggering bulls. Demands as such will lift investors and confirm our BTC/USD trading assertions. Bitcoin Price Analysis Fundamentals South Korea, like Japan, embraces new technology. Blockchain is pivotal and spin-offs as cryptocurrencies are heavily regulated. At…

TRX Recoup Losses, Road to 6 Cents?

Tron price expand 5.7 percent, reject lower lows Binance announce successful BTT crowdfunding Market participation rebound, high highs should be propelled by above average volumes The BTT token sale was a success, and in 18 minutes, 60 million BTT were sold. It was a success, and now TRX prices are recovering, snapping back to trend confirming our overall trade position. Tron Price Analysis Fundamentals At last, the path towards decentralizing the world’s largest software is right on track. BitTorrent is now decentralized, and investors have a share of the protocol…

Ripple Price Analysis: XRP Resurgence, Cobalt Will be a Game Changer

Ripple price stable, reject lower lows Cobalt could be a game changer Transactional volumes below average Behind Ripple is a team looking to revolutionize cross border payment through innovative solutions. Fundamentally, that is bullish. However, before investors reap benefits, XRP must first fund support at 30 cents. Only then will our previous XRP/USD trade plans be valid. Ripple Price Analysis Fundamentals Ripple’s ability not only to shape the future of finance but be the leading player cannot be rubbed off. Behind their motivation are three products which the company executives,…

Trump Ended U.S. Government Shutdown, but the Damage It Did to Crypto Adoption Is Here to Stay

On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are now returning to work after the 35-day standoff between Trump and the Senate, it is time to reassess how regulatory agencies like the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) were affected, and what that means for the crypto…

Down Again: Bitcoin Is Closing on Key Long-Term Price Support

View Bitcoin is again closing on the 200-week moving average, which served as strong support in December. The weekly RSI is more bearish this time round, though, and is reporting undersold conditions. A weekly close below that level could be followed by a slide back to September 2017 lows near $2,970. A failure to push prices below the 200-week SMA support would weaken the bears. A bullish reversal, however, would be confirmed only above $3,658 – the high of gravestone doji carved out Saturday. Bitcoin (BTC) is on the defensive…

Bitcoin Price Watch: BTC Bears Eyeing Test of $3,000

Bitcoin price extended its decline and traded below the $3,440 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently under a lot of pressure and it may slide further towards $3,200 or $3,000. Bitcoin price accelerated losses below the $3,500 support against the US Dollar. BTC bears are in full control and it seems like they are eyeing a test of the $3,000 level. Bitcoin…

Ripple Price Analysis: XRP’s Previous Support Now Resistance

Ripple price failed to stay above the $0.3000 support and declined heavily below $0.2900 against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair recovered nicely after trading as low as $0.2777, but it is facing sellers near $0.2950. Ripple price declined sharply and gained bearish momentum against the US Dollar and Bitcoin. XRP/USD is currently facing a solid resistance near previous supports at $0.2950. Ripple Price Analysis Yesterday,…

Ethereum Price Analysis: ETH In Trouble, Risk of Breakdown Below $100

ETH price failed to bounce back and declined below the $108 and $104 supports against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $100 support area once and it corrected above the $104 resistance level. Ethereum price declined heavily with bearish moves against the US Dollar and bitcoin. ETH/USD is under a lot of pressure and it seems like sellers could attempt to break $100. Ethereum Price Analysis Yesterday,…