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Month: July 2017

Chinese Blockchain Industry Issues Guidelines for ICO Fundraising

Following the recent spate of multi-million dollar cryptotoken crowdsales, ICOs have emerged as a new method of effective fundraising. As the number of projects opting for the ICO route of investment continues to rise, the Chinese blockchain industry associations have come up with a set of guidelines for such initiatives. According to reports, six different … Continue reading Chinese Blockchain Industry Issues Guidelines for ICO Fundraising

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Bitcoin Price Weekly Analysis – BTC/USD Preparing for August

Key Points Bitcoin price despite all uncertainty remained supported above $2600 against the US Dollar. There is a crucial contracting triangle pattern with support at $2600 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is correcting lower, but most likely to trade above $2720 in the near term. Bitcoin price … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Preparing for August

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Ethereum Price Weekly Analysis – ETH/USD May Recover Soon

Key Highlights ETH price struggled throughout the week and moved below $180 against the US Dollar. There is a descending channel pattern with support near $170 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently recovering and may continue to head higher towards $220 in the near term. Ethereum … Continue reading Ethereum Price Weekly Analysis – ETH/USD May Recover Soon

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Poloniex Quits Washington State as New Exchange Rules Become Active

Back in April, Washington politicians finished piecing together and finalizing the regulations for bitcoin exchanges. Those guidelines and rules are now active. Lawmakers pushed Senate Bill 5031 through the House and Senate, and it was signed into existence by governor Jay Inslee.  Also read: Fork Watch: Take Extra Precaution When Trying to Access Post-Fork Tokens Bill Requirements… View Article

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BTC-e Domain Seizure by U.S. Law Enforcement Sparks Jurisdiction Questions

On July 28, 2017, the bitcoin-exchange BTC-e domain was seized by six U.S. law enforcement agencies including the Secret Service. Many international bitcoin proponents are questioning why the U.S. is claiming jurisdiction over an exchange registered in another country. Also Read: BTC-e Operator Indicted and Connected With Missing Mt Gox Funds BTC-e Domain Seized by… View Article

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