The San Francisco-based venture capital firm, Andra Capital, is planning to issue its own Silicon Valley Coin (SVC) via a Security Token Offering (STO). The project comes after a collaboration with the Tezos Foundation, and it will be built on the latter’s blockchain. Following this announcement, XTZ notes a daily increase of almost 9% against the dollar. Andra Capital Partners...

BNB is under a bearish threat with a double-top pattern. Surrounding fundamentals could keep buyers alive for the next rally. Despite bearish signs, BNB remains bullish on a short-term trend. Following a recent tweet by Changpeng Zhao @CZ_Binance: a new token sale of WazirX (WRX) was announced to take place on the Binance launchpad next month – the first IEO in 2020.  BNB/USD:...

While the industry is still abuzz over Bitcoin’s surge toward new yearly highs during last week’s rally, the world has also caught wind of some exciting news about the world’s 15th largest cryptocurrency based on market cap: Ethereum Classic. As of today, January 22nd, 2020, Grayscale’s Ethereum Classic Trust has announced its financial commitment to fund further development of the...

XRP trades in a rising channel as buyers wait for a bounce. The third-largest crypto is currently down by 0.24%. XRP is footing a bearish sentiment across its trading pairs. XRP/USD: XRP Showing Bearish Sign But Channel Keeps Buyers Valid Key Support Levels: $0.23, $0.225 Key Resistance Levels: $0.24, $0.251 Following last weekend’s sharp drop to $0.225, Ripple’s XRP has seen a mild recovery to...

The central banks of Hong Kong and Thailand revealed today in a published report that they are a step closer to creating a joint Central Bank Digital Currency (CBDC) to facilitate efficient payments between the two countries. The banks confirmed that the upcoming CBDC dubbed Project Inthanon-LionRock is technically feasible and will utilize the blockchain technology to make cross border...

The second version of the “Lightning Torch” (LN Trust Chain 2.0) was recently launched on its birthday, and the community keeps spreading it around the globe. Its primary purpose continues to be the same – to raise people’s awareness of the benefits of Bitcoin’s off-chain scaling solution – the Lightning Network. The New Lightning Torch: LN Trust Chain 2.0 The “Lightning...

After last week’s surge to nearly $9,200 and the following retracement, Bitcoin has been trading mostly in a range between $8,500 and $8,750. Yesterday, it noted a quick dip to $8,480 on Bitstamp and immediately surged back to over $8,700, which is where it currently stands. If Bitcoin’s bullish 2020 price movements are to continue, it has to break the...

The Securities and Exchange Commission (SEC) of the US is tightening the noose around initial exchange offerings (ICOs). In yet another step against them, the Commission has brought charges against one more allegedly fraudulent ICO of unregistered digital asset securities. The SEC Is Getting Serious About ICOs The SEC has pressed charges against defendants Sergii “Sergey” Grybniak and Opporty International, Inc....

Today, Cardano is up by 8% after regaining momentum from $0.042. ADA is revamping bullish setups but immediate resistance is posing threat to buyers. Cardano is currently trading around key price areas against Bitcoin and US Dollar. ADA/USD:  Cardano Targets $0.064 But Facing Tough Resistance At The Moment Key Support Levels: $0.0415, $0.0355 Key Resistance Levels: $0.055, $0.064 Since Cardano found a bottom at $0.030...

As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo.  Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies.  The ex-chairman of the United States’ Commodity Futures Trading Commission believes that, had blockchain technology been...