Jack Dorsey Backs $10 Million Round for Token Offering Platform CoinList

Token offering platform CoinList has raised $10 million with backing from Twitter and Square CEO Jack Dorsey. CoinList announced Wednesday the closing of a funding round led by Polychain Capital and joined by Dorsey and Collaborative Fund. The capital will go towards the further development of CoinList Trade, a new exchange platform, along with a crypto wallet, according to the Wall Street Journal and a company Medium post. The latest funding round follows a 2018 Series A joined by Polychain Capital and Digital Currency Group, among others. Dorsey’s investment is reportedly…

As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching

Bitcoin price continues to fall after a massive surge late last week sent the price of the first-ever crypto asset skyrocketing, blasting through resistance and revisiting five-digit prices briefly before it began to cool off. Now, Bitcoin is flirting with a drop below $9,000, but thus far $9,000 has provided strong support. Here are the price levels crypto traders are watching in case Bitcoin falls below $9,000 or if it bounces from current prices. Bitcoin Price Finds Support at $9,000 After Rejection Above $10,000 Bitcoin price is currently trading in…

China Unironically Bans Blockchain Slurs as Crypto Launch Looms

Authoritarian China has unironically banned criticism of blockchain technology. The move comes after President Xi Jinping publicly called for more blockchain research. The crypto industry remains divided about China’s sudden pivot. In one of the biggest U-turns in crypto history, China professed its love for blockchain. Now, the nation is going as far as to penalize anyone who dares oppose it. Chinese President  Xi Jinping recently rocked the crypto industry with a speech exalting blockchain, praising the economic benefits and efficiencies available through the technology. The bitcoin price soared in…

Bitcoin Calm ahead of Federal Reserve’s Rate Cut Verdict

Bitcoin held to a stable range as investors wait for the Federal Reserve to take a final call on introducing another interest rate cut. The benchmark cryptocurrency was trading at $9,171.54 as of 10:13 UTC, down 2.75 percent from the market open. At its session high, bitcoin attracted a bid of $9,431.36 on the San Francisco-based Coinbase cryptocurrency exchange. That was still more than 10 percent lower than bitcoin’s weekend high of $10,540.59, showing that the market – at best – has digested the bullish sentiments arising from China’s President…

Bitcoin Eyes First Monthly Price Gain Since June

View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of buyer exhaustion. A triangle breakdown on the hourly chart, if confirmed, could yield a pullback to support at $8,820. A high-volume contracting triangle breakout will likely yield a re-test of recent highs above $10,000. Bitcoin (BTC) is on track to end a three-month losing streak, having recovered from recent lows around $7,400 seen a week ago. The number one cryptocurrency…

Livepeer Prepares to Unlock New Way for GPU Miners to Earn Crypto

By the end of this year, GPU miners could have a fresh new way to earn crypto without any opportunity cost. Decentralized video-streaming startup Livepeer debuted its Streamflow testnet on Tuesday, and miners and developers are working with the company to test video transcoding using idle chips already built into graphics processing units (GPUs). “The millions of GPUs out there that are mining cryptocurrency, ethereum, zcash, grin, monero, they have video encoding on those chips that can’t hash cryptocurrency,” Doug Petkanics, Livepeer’s founder, explained to CoinDesk in a phone call.…

Bitcoin (BTC) Price Could Dip Further Before Fresh Rally

Bitcoin price is currently correcting lower and is trading below $9,500 against the US Dollar. The price is likely to decline further towards $8,700 before it could rise again. Yesterday’s highlighted key bearish trend line is intact with resistance near $9,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price must surpass the $9,460 and $9,500 resistance levels to start a fresh increase. Bitcoin price is facing a few key hurdles near $9,500 against the US Dollar. Therefore, BTC could dip a few points before…

Bitcoin And Crypto Market Remain In Uptrend: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is consolidating below the $245.0B and $250.0B resistances. Bitcoin price is facing a strong resistance near the $9,400 and $9,500 levels. EOS price is currently trading in a range above the key $3.300 support area. BCH price rallied recently and tested the main $300 resistance area. Tron (TRX) price is extending gains and it is trading nicely above $0.0200. Cardano (ADA) price is now trading above the key $0.0420 resistance area. Bitcoin and the crypto market cap positioned nicely in a bullish zone. Ethereum (ETH),…