The SEC might have a ‘Crypto Mom,’ but this parent knows how to get tough. The Securities and Exchange Commission has announced a suit against Kik Interactive for the “illegal” sale of unregistered securities.

In a 2017 initial coin offering, Kik raised $100M to develop a new cross-platform digital currency for social media applications. Investors were rewarded in KIN tokens, which would be the intended currency of the new social networking platform. 

Bitcoin tumbled overnight, dropping around fourteen percent within a few hours from around $8,500 to $7,700. With it fell the wider crypto market, as altcoins joined in on the freefall.

• Litecoin has a bullish short-term trading bias, with cryptocurrency still trading above its 200-period moving average on the four-hour time frame
• The four-hour time frame is showing that the LTC / USD pair is testing back towards key neckline support
• The daily time frame continues to show that a valid bullish breakout is still underway

Litecoin still has a bullish short-term trading outlook, with the LTC / USD pair continuing to trade above its 200-period moving average on the four-hour time frame.

• Zilliqa has a bullish short-term trading bias, with the cryptocurrency still well supported on any moves lower
• The ZIL / USD pair has a bullish medium-term outlook with cryptocurrency still trading above its 200-day moving average
• The daily time frame is showing that price remains trapped within a horizontal price channel

Zilliqa has a bullish short-term outlook, with the cryptocurrency still trading well above its 200-period moving average on the four-hour time frame.

Developers of the Monero privacy coin have announced a new weapon in their battle against centralization. In collaboration with Arweave, a serverless storage protocol, the Monero team is validating a new, ASIC-resistant mining algorithm, dubbed RandomX.

Local governments aren’t known for being forward-thinking, so it might surprise you to learn that a city in the U.K. has found a novel application for blockchain technology: saving the planet.

Bristol City Council has teamed up with blockchain tech company EnergiMine to implement a blockchain rewards initiative, which the council hopes will help the city become carbon neutral.

Crypto markets are green again, especially if you have an extra video card. Thanks to rising prices, it’s once again possible to make a profit mining Ethereum (ETH) on a home graphics processor. Scores of GPU miners, who were priced out during crypto winter, now hope that their worst days are now behind them.

It’s been a busy season for VeChain. From a major go-live tracking a milk supply chain to luring Deloitte away from Ethereum, the logistics-and-supply-chain project is finally starting to bear fruit.

As the past weeks have shown, VeChain has continued to #Buidl through crypto winter, and is now starting to deliver.  Here are some of the latest developments:

As stated in the original whitepaper, Bitcoin (BTC) was created to become “a peer-to-peer version of electronic cash”. Its system enables payments without passing through a central authority, while the transaction management and money issuance are carried out collectively by the blockchain network.

• Cardano has a bullish short-term bias, with the cryptocurrency testing towards the best levels of 2019 so far
• The four-hour time frame is now showing that a bullish ascending triangle pattern has formed
• The daily time frame continues to show a bullish inverted head and shoulders pattern

Cardano has a bullish short-term trading bias, with the cryptocurrency staging a strong recovery back towards its current 2019 trading high.