Argon is advising on one of the mostly hotly anticipated token sales, Civic, which is starting its crowdsale on June 21 at 9am EDT after an extremely successful pre-sale.Civic’s pre-sale saw overwhelming demand from both traditional and crypto investors, and after significant cut back the pre-sale participants were allocated c.$33m.The crowdsale has c.$11m … Continued Amongst many exciting announcements during the conference week in New York (including a Token Summit panel appearance by our General Counsel), a great deal of interest was raised by Civic’s pre-announcement of its upcoming CVC token sale at the Consensus conference, followed by a more detailed presentation at Token Summit.Civic has existing venture capital … Continued Storj, a decentralized cloud storage platform, has announced the terms of its upcoming token sale.The company is aiming to raise $30m, which would make its token sale the second largest crowdsale ever after the DAO.Storj has already received pre-commitments for c.$10m out of the $30m cap, and expects the token sale to sell … Continued Blockchain Capital has successfully closed its digital liquid venture fund token offering, BCAP, on April 10, having raised $10m within six hours of officially opening.

One of the first ICOs to be conducted in compliance with US Securities laws, the deal structure also provided investors with an option to pre-fund their investments and thus guarantee … Continued Bookbuilding for the Blockchain Capital ICO is opening at 6am PDT on Monday April 10.bitcoin wallet verificationThe offering is targeting a $10m raise and will be one of the first ICOs to be undertaken in compliance with US securities laws.bitcoin 1000 dollar partyProminent individuals in the blockchain space have announced their participation in the Blockchain Capital ICO as … Continued Blockchain Capital announced the details of its upcoming BCAP token offering on March 16.bitcoin wallet libraryBrock Pierce, Co-Founder and Managing Partner of Blockchain Capital, speaking at the Chamber of Digital Commerce’s DC Summit in Washington, D.C., announced the highly successful Fund’s intention to disrupt the Venture Capital industry through creating the first of its kind “Digital … Continued Coindesk has published its second spotlight research study on ICOs.ethereum meeting

Among other topics, the report highlighted increased interest from institutional investors in the space, both on investing and fundraising side.bitcoin till svenska kronorKey statistics from the survey of market participants include: Almost a third (29%) of entrepreneurs without ICO fundraising experience had seriously considered raising with a … Continuedbitcoin hard drive rubbish dumpGBP/USD could pause but headed to 1.3500 USD/JPY turns where it should -- in order to receive a free report to your inbox several times a week.--Looking for ideas and forecasts?Also, check out the webinar schedule.--Are you positioned with the crowd?Check the to find out.--Technical Weekly wishes to share some monthly charts in today’s report as a new month begins on Monday.Chart Prepared by Jamie Saettele, CMT “I’ve noted long term EUR/USD bottoming conditions recently such as the key reversal in January, divergence with RSI (monthly and weekly) and the channeling decline.

Price needs to take out the blue trendline in order to get bullish though because the rally from January is left as a 3 wave advance and ‘counts’ as a 4th wave within a 5 wave decline from the 2016 high.The implication is that a 5th wave lower is possible to at least 1.0200 (measured target based on wave 1 = wave 5).” You can view the blue line in the prior week’s FXTW but it’s been broken (on the gap).French election or not, this all seems to be part of a broad bottoming attempt that started in March 2015.The underside of the 1985-2000 trendline (linear) is being tested now so near term downside may be in store.The underside of that line on log scale is in the 1.2000s.Chart Prepared by Jamie Saettele, CMT Chart Prepared by Jamie Saettele, CMT Recent comments have noted that “for the 3rd time in history, a string of 6 consecutive down quarters has ended ().Focus is towards at least 1.3400-1.3500.The 52 week average and the 9/30/2016 uncovered close at 1.2965/75 should be noted as a minor hurdle.” The minor hurdle is being tested now.

Allowing for a pause (pull back), focus is towards the mentioned 1.3500 before real problems arise.Chart Prepared by Jamie Saettele, CMT Every AUD/USD poke into .7700-.7800 over the last year has failed.The main consideration for resistance up there are from parallels.As long as price is below the parallel, longs are fighting an uphill battle.After the February top, I noted that “the dip could extend to the October and December 2015 highs at .7385.” That level is in play barring a breakout through the top of the range.I’ll note that 67 weeks have passed since the January 2016 low.The final low within the bottoming sequence in the early 2000s was 70 weeks from the initial low.Momentum is much weaker now than it was then but the timing is interesting.Chart Prepared by Jamie Saettele, CMT Don’t forget about the 2015-2016 trendline near .6780 in Kiwi.Bigger picture, I remain non-committal.Is the rally from August 2015 countertrend or a new trend?The 2016 and YTD highs are at major resistance from the 2011 low and a double top target is still unmet at .5899.

A break under the 2015-2016 trendline (.6780) would tilt the boat in favor of more downside.Strength through .7090 is needed in order to turn the near term picture positive.Chart Prepared by Jamie Saettele, CMT The following was put forth in the .“A major USD/JPY level could be met in April.The 52 week average (support and resistance for years) is near 108.30 and the 50% retracement of the decline is at 108.81 (the 1991 high was a 50% retracement of the 1990 decline by the way).The decline from the January high would consist of 2 equal legs at 108.49.This zone (108.30/81) intersects with the developing channel from the January high in mid-April.” The level has been met and USD/JPY is nearly 4 big figures off of the low (to high).Price above 110.10 (lows in late March and early April) is a good sign.The upper channel line remains resistance.Chart Prepared by Jamie Saettele, CMT Last week’s update noted that “USD/CAD has revisited the highs so the bull trap possibility is back on the table.