Author: Traderman

Monero Technical Analysis for 06/01/2016 – Price Trapped Between Major Pivot Levels

The big pivot zone at 0.00195 – which was outlined in the previous Monero article on 05/23/2016 – should still be watched, even though price is currently trading well underneath this level. On the 26th, this level was used as support/resistance; the 2-hour chart for that day show this quite clearly. The following day, on the 27th, price made it underneath the big support level at 0.0018. And the Monero …
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Mediachain Labs Receives $1.5 Million in Seed Funding from Union Square Ventures

Mediachain, a open source platform using blockchain technology to track media ownership, has received $1.5 million in seed funding from Union Square Ventures and Andreessen Horowitz – two of the biggest VC investors in the blockchain and digital currency space. The funding round also saw participation from RRE Ventures, Alexis Ohanian, William Mougayar and Digital Currency Group, among others. Established in 2016 by Jesse Walden and Denis Nazarov, Mediachain is …
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Swedish Bitcoin Exchange Safello Looking to Raise €263K Via Crowdfunding

Swedish bitcoin exchange Safello has started a €263,000 crowdfunding campaign to expand the company into a blockchain-based “bank of the future”. While Safello is currently in the business of facilitating digital currency trades, the company is looking for additional funds to expand its offering into lending, crowdfunding and remittance. The campaign is being hosted on Sweden-based crowdfunding platform FundedByMe.com, which Safello used in a previous $300k funding round in March …
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Blockchain Expert Leaves Barclays for FinTech-Focused VC Fund

Barclays executive Simon Taylor will be leaving his position at the bank to join 11:FS, a new FinTech-focused venture capital fund, as a co-founder. According to a Business Insider report, Taylor served as a VP of Entrepreneurial Partnerships at Barclays for the past three years, where he lead the bank’s R&D efforts into the applications of blockchains in the financial industry. Taylor will be leaving Barclays for the 11:FS venture …
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