Please share if you find this article interesting. Colorado Blockchain Bill Voted Down In State Senate HB 1426, a piece of state legislation that would have created guidelines for identifying “open blockchain tokens” as securities, was voted down in the Colorado state Senate on May 9, according to public records. The bill passed handily in the state House of Representatives, but was more controversial in the senate. According to the Denver Post, the final hours of the legislative session saw a split in both political parties. Lawmakers initially passed the measure by one vote, but the senate took another vote moments later, and “shot down” the bill 18-17 after some senators switched sides. Senator Tim Neville (R), who co-sponsored the bill, said he had hoped it would encourage bl
Please share if you find this article interesting. Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance Key PointsBitcoin cash price found support near the $1,460 level and recovered nicely against the US Dollar.This week’s major bearish trend line with resistance at $1,580 was broken on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair also moved above the $1,600 resistance level, which is a positive sign in the near term.Bitcoin cash price is back in a positive zone above $1,600 against the US Dollar. BCH/USD must settle above $1,675 and the 100 hourly simple moving average to gain momentum.Bitcoin Cash Price SupportAfter further declines, bitcoin cash price was able to find support near the $1,460 level against the US Dollar. The price trad
Please share if you find this article interesting. Tron (TRX/USD) Price Technical Analysis for 05/10/2018 – Where Buy Orders Are Waiting Tron Price Key HighlightsTron is still in correction mode as it waits for bulls to return at nearby support zones.Applying the Fibonacci retracement tool on the latest swing low and high shows that the 61.8% level lines up with an area of interest.If bulls are eager to charge, the higher Fibs might be enough to keep losses in check.Tron is in correction from its recent upside break and rally, with bulls waiting at the Fibonacci retracement levels.Technical Indicators SignalsThe 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. This means that the uptrend is more likely to resume than to revers
Please share if you find this article interesting. Bitcoin Price Technical Analysis for 05/10/2018 – Bulls Defend $9,000 Again! Bitcoin Price Key HighlightsBitcoin price bounced off the bottom of its rising channel and looks ready for a move back to the top.The Fibonacci extension tool shows the next upside targets from here.However, technical indicators are suggesting that the selloff could still resume.Bitcoin price found support at $9,000 once more and could set its sights higher, but technicals still reflect bearish pressure.Technical Indicators SignalsThe 100 SMA is crossing below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, the selloff is still likely to resume. In addition, the 100 SMA appears to be holding as dyna
Please share if you find this article interesting. US: West Virginia Completes First Blockchain-Supported State Elections Polls closed in West Virginia's primary election May 8, completing the first government-run, blockchain-supported vote in US history, ETHNews reported May 9. While most voters cast regular ballots, special voters in certain districts voted on a mobile blockchain-based platform. The blockchain-based mobile voting platform, developed by Voatz, was only available to a select group of voters. Participants were deployed military members, other citizens eligible to vote absentee under the Uniformed and Overseas Citizens Absentee Voting Act (UOCAVA), and their spouses and dependents. Participation was further limited to voters registered in two West Virginia counties...
Please share if you find this article interesting. Survey: 30% Of Financial Executives To Commit Resources To Blockchain The Financial Executives Research Foundation (FERF) has released a report prepared in partnership with one of the 'Big Four' accounting and consulting firms Deloitte, on how blockchain technology is being employed in financial applications, Accounting Today reported May 9. The report entitled “Blockchain for Financial Leaders: Opportunity vs. Reality” analyzes how blockchain could affect financial reporting, staffing, and other areas essential to executives. Researchers surveyed a group of financial executives, 30 percent of whom said they “plan to commit resources to blockchain within the next year and a half, though they don’t know yet what potential the tech
Please share if you find this article interesting. IOTA, Stellar Lumens, Tron, Litecoin, EOS: Technical Analysis for May 10, 2018 Nothing much from the fundamental end other than this nice recovery in prices in most coins under our radar. Our focus today is Litecoin and how prices are bouncing off previous support at $160. Because of clear rejection of lower lows, odds are Litecoin shall edge higher today.Let look at these charts:EOSUSD (EOS)EOS 4HR Chart by Trading ViewIf you were expecting moves, then it is disappointing especially if you are a trend trader. Like most of us I assume. The only wind fall is available for UK users who can now buy EOS from Cryptomate at these discounted prices.We've listed a new coin at https://t.co/mlyRTGYWx5. EOS is now available to buy via UK b
Please share if you find this article interesting. Ethereum (ETHUSD) Technical Analysis: May 10, 2018 Like most coins in the top 10, Ethereum prices is making a recovery. It is up 12 percent in the last week and with this shift of sentiment from the SEC, it is likely that we might see higher highs in the coming sessions. Besides, Casper FFG is now live at GitHub for wider scrutiny meaning that there is a real push from behind the scenes to finally cement Ethereum as a go to platform for DApps and smart contracts.From the NewsPound to pound, Ethereum performs better than Bitcoin. Yes, we can argue about the total network value where Bitcoin remains king while Ethereum crawls at its shadow. However, when we talk results and efficacy the later thrashes Bitcoin by far. In case you wa...
Please share if you find this article interesting. Chinese Social App WeChat Suspends Third-party Blockchain App WeChat, a Chinese messaging, social media, and payment application developed by Tencent, has suspended a third-party blockchain application that initiates contract agreements by app users, local news outlet Caijing reported May 9. Xiao Xieyi, a mini-program launched on Wednesday, was promoted as a service to allow users on WeChat to create contract agreements and a unique social media ID using blockchain technology. This reportedly would ensure that the content and users’ identities are authentic and reliable. The app, according to Caijing, would allow users to encrypt and record Ethereum network based agreements for a fee. However, less than a day after launch, the ap
Please share if you find this article interesting. Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 09 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market capitalization has dipped following the criticism from the legendary investors Warren Buffett and Charlie Munger. This time, even the founder of Microsoft, Bill Gates opined that he would short Bitcoin if he could. Contrary to his opinion, Microsoft continues to be supportive towards blockchain and cryptocurrency. ...