investFeed, a New York social investing platform which is replacing equities with blockchain-based assets, has commenced its Token Generation Event. Starting on July the 23rd, investFeed plans for the TGE to take place over 15 days, with a significant amount already committed from strategic investors. The company, founded in 2014 by a pair of experienced Wall Street traders, is aiming
Key Points Bitcoin price is currently trading higher and well above the $1300 handle against the US Dollar. There is a monster ascending channel with support at $1280 formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is testing the channel resistance area at $1350, and may correct lower in the near term. Bitcoin price remains
Key Points Bitcoin price traded nicely higher above the $1200 resistance against the US Dollar before finding sellers. The BTC/USD has broken a bullish trend line at $1224 on the 4-hours chart (data feed from SimpleFX), and currently finding support around another trend line. The price is currently above the 100 simple moving average (H4) at $1160, which is a
Key Highlights ETH price made a nice upside move towards $51.00 against the US Dollar where it found resistance, and moved down. There was a bullish trend line with support at $49.35 on the hourly chart (ETH/USD, data feed via SimpleFX), which was broken recently. The price may have started a downside move with a rejection near the $50.99 level.