The Law of The DAO (The DAO leapt into the headlines earlier this month)
The DAO leapt into the headlines earlier this month after it captured nearly $150m in funding, constituting almost 12% of the total amount of ether tokens in the Ethereum network. The DAO’s structure attempts to emulate the behavior of a crowdfunding business entity, and allows its investors to choose how The DAO will invest the collective ether (ETH) contributions among specific target projects. The idea and structure of The DAO presents significant legal challenges. Specifically, courts will be forced to grapple with the implications of a web of contracts imitating an entity, instead of....
Related News
Bitcoin in the Headlines is a weekly analysis of industry media coverage and its impact. This week's coverage is a testament of just how varied things in the bitcoin space can really get. On the one hand, many mainstream media sources ran stories on the US Securities and Exchange Commission's indictment of the now-defunct cryptocurrency mining firm GAW Miners for alleged securities fraud. At the opposite end of the spectrum, Wall Street investment bank Goldman Sachs - which participated in Circle's $50m funding round earlier this year - made headlines after a patent application for its own....
Dogecoin has leapt a massive 8% today disrespecting the resistance level of 50 to be trading at 50.8 satoshis. I have been maintaining in earlier analyses that a major move was expected in Dogecoin as the week comes to a close. The bears have given away the slight advantage that they had over the bulls and the onus is now completely on bulls to tighten their grip. Taking a technical look at the 240-minute Dogecoin/BTC price chart above reveals that the upmove has been backed by strength and that maintaining this bullish momentum will be the key to see a further rise in the market cap of....
XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.
Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th was definitely with Tron on Wednesday, as TRX was one of the most notable gainers in today’s session, with prices surging to a five-month high. Following a low of $0.07003 during Tuesday’s session, TRX/USD raced to a high of $0.08134, breaking out of a key resistance level in the process. The....
Bitcoin has started this week on a very strong note as it raced higher to $247.53, on course to its highest closing in over a month. In the previous Bitcoin price technical analysis Mixed Technicals, we discussed how a couple of technical indicators were showing divergences from the other two. Well, currently, all of them are displaying much stronger readings. Bitcoin is trading at $247.53, after hitting a monthly high of $248.50. Even though Bitcoin is in a strong uptrend, let us review the latest technical indications to look for factors that may hamper the bullish mood. Bitcoin Chart....