$32mil Raised by Mining Company Listed on London Stock Exchange

Sunday, August 5, 2018

Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Mining Company Argo Blockchain PLC Rakes In $32 Million on the LSE At 16 pence per share,…

Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies

Sunday, August 5, 2018

Key Points Bitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $7,260 and $7,320 resistances to move back in a positive zone. Bitcoin price tuned bearish with a close below $7,260 against the US Dollar….

Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’

Saturday, August 4, 2018

During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting. Binance is one of the largest holders of Tether. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Binance CEO Voices Concern Over Tether According to Anca Faget of Romania-based Coindoo, the…

XRP Technical Analysis Weekend Recap: Re-Focus on XRP, 3 Bullish Reasons Why

Saturday, August 4, 2018

If we may ask a legitimate question, what is draining crypto valuation and XRP in particular? With every new low, there is saturation of theories—flimsy and authoritative. No matter the explanation, it doesn’t really matter because at the end of the day, prices are down and your investment in XRP is taking a rather painful hit. Today we summarize why, despite all the down turns, there are valid and encouraging…

Intercontinental Exchange to Introduce Bakkt, a Crypto Payment System for Retailers

Friday, August 3, 2018

This November, cryptocurrency users will be introduced to Bakkt, a new company designed to give millions of retail merchants the chance to buy, sell and trade digital currencies — and even buy a cup of coffee. The company is being launched by Atlanta-based Intercontinental Exchange (ICE), the parent company to the New York Stock Exchange (NYSE) and a leading operator of clearinghouses, global exchanges, and data and listing services. Bakkt…

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