Thursday, July 2Your Daily Bitcoin & Altcoin News Portal
Report: XRP’s Drop in Line with Other Crypto ‘Underscores XRP’s Independence from Ripple’

Report: XRP’s Drop in Line with Other Crypto ‘Underscores XRP’s Independence from Ripple’

BITCOIN
Please share if you find this article interesting. Report: XRP’s Drop in Line with Other Crypto ‘Underscores XRP’s Independence from Ripple’ Ripple has released the second quarter 2018 report for its digital asset XRP today, July 24. According to the report, Ripple’s sales of XRP tokens were a “drop in the bucket” compared to the total XRP market. Per the report, Ripple sold $75.53 million in Q2 in total. Of this amount, the company sold $56.66 million via programmatic sales, which amounted to 0.125 percent of Ripple’s $45.35 billion in sales during the whole second quarter. Direct sales amounted to $16.87 million, carried out via Ripple’s subsidiary XRP II, LLC, a registered and licensed money service business (MSB). Q2-Q1 2018 XRP Markets Report Chart. Source: Ripple The repor
Why Is Blockstream Working With National Spies (SIGINT/HUMINT)? – Bitcoin News

Why Is Blockstream Working With National Spies (SIGINT/HUMINT)? – Bitcoin News

BITCOIN
Please share if you find this article interesting. Why Is Blockstream Working With National Spies (SIGINT/HUMINT)? - Bitcoin News Op-Ed Blockstream is working with former national spies. The question is, why on earth would a cryptocurrency company have the need to employ former spies? On October 23, 2014, Blockstream goes public and announces funding and the formation of their company. Shortly after Blockstream was incorporated, they received $50 million in venture capital from AXA, Khosla Ventures, Horizon Ventures, etc., some of the most powerful venture firms in the world. The Blockstream board of directors are all bankers. Also read: Tie a Message to Any Location Using the BCH-Powered Member Client Take a Journey Back in Time if You Would Bill Scannell wearing a Dragons
Tron (TRX) Price Watch: Small Reversal Pattern Sighted!

Tron (TRX) Price Watch: Small Reversal Pattern Sighted!

PRICE ANALYSIS
Please share if you find this article interesting. Tron (TRX) Price Watch: Small Reversal Pattern Sighted! Tron Price Key HighlightsTron price could have another shot at a rally as it broke above the neckline of a short-term double bottom.Price is hitting resistance around 0.0400 and may be due for a pullback before resuming the climb.Applying the Fibonacci retracement tool shows the nearby support levels where more buyers might be waiting.Tron price confirmed a short-term double bottom but might need to make a pullback to gather more bullish momentum.Technical Indicators SignalsThe 100 SMA is below the longer-term 200 SMA to confirm that the path of least resistance is still to the downside. This suggests that the path of least resistance is to the downside or that there’s a cha
Bitcoin Cash Price Analysis: BCH/USD Surging Above $750

Bitcoin Cash Price Analysis: BCH/USD Surging Above $750

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Analysis: BCH/USD Surging Above $750 Key PointsBitcoin cash price gained traction and jumped above the $840 and $850 resistances against the US Dollar.There was a break above a declining channel with resistance at $810 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is placed nicely in an uptrend and it could retest the $890 and $900 resistance levels.Bitcoin cash price is surging higher against the US Dollar. BCH/USD is primed to extend gains above the $880 level in the near term.Bitcoin Cash Price TrendThere was a strong buying interest emerged around the $770 level in bitcoin cash price against the US Dollar. The BCH/USD pair started an upward move and jumped above the $800 resistanc...
Bitcoin (BTC) Price Watch: Bulls Keep Charging, Where to Next?

Bitcoin (BTC) Price Watch: Bulls Keep Charging, Where to Next?

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Bulls Keep Charging, Where to Next? Bitcoin Price Key HighlightsBitcoin seems unstoppable in its climb as it sets its sights on the next upside targets.Price is on its way to test the dynamic resistance at the 200 SMA inflection point then the $9,000 area of interest.Technical indicators on the daily time frame are still reflecting the presence of selling pressure.Bitcoin price has been on a tear and buyers might have enough energy to push for a test of the next upside barriers.Technical Indicators SignalsThe 100 SMA is below the longer-term 200 SMA to suggest that the path of least resistance is to the downside. In other words, there’s still a chance for the longer-term downtrend to resume.Price has bu
Novogratz’s Galaxy Digital Leads $52.5 Mln Fundraising Round for Crypto-Lending Firm

Novogratz’s Galaxy Digital Leads $52.5 Mln Fundraising Round for Crypto-Lending Firm

BITCOIN
Please share if you find this article interesting. Novogratz’s Galaxy Digital Leads $52.5 Mln Fundraising Round for Crypto-Lending Firm Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the startup will reportedly be able to expand its business outside the U.S. and to support more cryptocurrencies. BlockFi, featuring “loans backed by your cryptoassets,” offers corporate and retail loans on their digital asset holdings. BlockFi currently offers loans on Bitcoin (BTC) and Ethereum (ETH). The New Yor
Coinbase Internal Investigation Concludes No Insider Trading Took Place

Coinbase Internal Investigation Concludes No Insider Trading Took Place

BITCOIN
Please share if you find this article interesting. Coinbase Internal Investigation Concludes No Insider Trading Took Place Coinbase exchange has reportedly concluded that no insider trading of Bitcoin Cash (BCH) took place in December 2017, Fortune reports Tuesday, July 24. Anonymous sources close to Coinbase told Fortune that the exchange and wallet service provider conducted a company-wide meeting last week to discuss the results of an internal investigation. A Coinbase spokesperson revealed to Fortune that the “independent internal investigation” has been completed, and the company is “determined to take no disciplinary action,” following a months-long probe by two national law firms. A Coinbase representative told Fortune: “We would not hesitate to terminate an employee or c
Index ETF Tracking 10 Cryptocurrencies Filed With SEC – Bitcoin News

Index ETF Tracking 10 Cryptocurrencies Filed With SEC – Bitcoin News

BITCOIN
Please share if you find this article interesting. Index ETF Tracking 10 Cryptocurrencies Filed With SEC - Bitcoin News Finance Bitwise Asset Management has announced its plan to launch “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).” A registration statement has been filed with the U.S. Securities and Exchange Commission. The fund will track the returns of the company’s Hold 10 Index which aims to capture 80% of the total market capitalization of the cryptocurrency market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitwise to Launch Crypto Index ETF Bitwise Asset Management announced Tuesday that it has filed a registration statement for “the first publicly-offered cryptocurrency index exchange-traded fund (ETF).” The San Fr
Ross Ulbricht Murder-for-Hire Indictment to Be Dismissed – Bitcoin News

Ross Ulbricht Murder-for-Hire Indictment to Be Dismissed – Bitcoin News

BITCOIN
Please share if you find this article interesting. Ross Ulbricht Murder-for-Hire Indictment to Be Dismissed - Bitcoin News News Robert K. Hur, United States Attorney from the Maryland district, filed a motion on July 20, 2018 to dismiss a 2013 three-count indictment against Ross Ulbricht which included murder-for-hire allegations. Mr. Ulbricht, 34, was prosecuted under a separate indictment out of the New York district as Dread Pirate Roberts, principal operator of underground online marketplace Silk Road. Many legal analysts concluded that the looming Maryland indictment prejudiced law enforcement in at least advocating aggressive sentencing in Mr. Ulbricht’s case. He is serving multiple life sentences without the possibility of parole.      Also read: Coinbase Flexes Muscl
US: Delaware DOJ Reaches Out to Poloniex Crypto Exchange Users ‘If They Have an Issue’

US: Delaware DOJ Reaches Out to Poloniex Crypto Exchange Users ‘If They Have an Issue’

BITCOIN
Please share if you find this article interesting. US: Delaware DOJ Reaches Out to Poloniex Crypto Exchange Users ‘If They Have an Issue’ Poloniex cryptocurrency exchange has apparently piqued the interest of the Investor Protection Unit of the Delaware Department of Justice (DOJ). As shown in an email shared with Cointelegraph, the Chief Special Investigator of the Investor Protection Unit (IPU) wrote to a list of individuals, asking them to contact him should they have any difficulties with their Poloniex account. The IPU is part of the Fraud and Consumer Protection Division, which protects the public from securities fraud, consumer fraud, and other forms of white collar crime. The IPU is specifically responsible for enforcing provisions of the Delaware Securities Act and the t