October 5, 2026

Capitalizations Index – B ∞/21M

BITCOIN IS RUNNING OUT OF GAS, A PULLBACK MAY HAPPEN SOON

Bitcoin is running out of gas, a pullback may happen soon

BITCOIN IS RUNNING OUT OF GAS, A PULLBACK MAY HAPPEN SOON

Bitcoin is running out of gas, a pullback may happen soon

bitcoin (BITFINEX:BTCUSD) is testing the upper border of the ascending channel . Two attempts were failed during the past hours. There may be another test, but with a high probability, a Pullback may happen soon.

Reasons:
Overbought / Resistance (Yellow) in 30 minute, and 42 minute time frames.
In 15 minute, a Double Top Pattern is formed.
MACD Divergence in 30 minute
RSI has Lower Top.
Hammer on the top of 1 hour time frame.

There is strong support in 4130-4160, it is still too early to say if the support will work once more.

If you find this idea reasonable, please like it, I appreciate your thumbs up. People who like will have a bonus of Four-Day free trial of -“9 Seasons Rainbow Multiple Time Frames Pattern STANDARD Indicator”.

If you love it, or if you hate it, leave your comment or your point of view. People who comment will have a bonus of one-week free trial of -“9 Seasons Rainbow Multiple Time Frames Pattern STANDARD Indicator”.

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.

Published at Mon, 01 Apr 2019 18:04:22 +0000

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iEx.ec Distributed Cloud Computing Platform Announces Cryptocurrency Crowdsale

iEx.ec, the distributed cloud computing platform has announced the dates for its upcoming crowdsale. The platform that has been on a crusade to change the future of computing will start offering the RLC tokens during the month-long ICO scheduled to start on April 12, 2017, at 1300 GMT.

[Note: This is a press release]


The team behind iEx.ec has been working on a groundbreaking initiative that will allow individuals and enterprises to tap into the power of distributed cloud computing, better known as desktop grid computing. As it strives to break the dominion of academia over such facilities, the development team will fund its venture from the proceeds of the upcoming crowdsale. iEx.ec has set the crowdsale target to $2 million, which will go towards supporting the creation and launch of distributed cloud environment to meet the increasing need for computationally intense and decentralized business practices.

The iEx.ec crowdsale is open for cryptocurrency community members and investors. They can buy into the project by purchasing RLC crypto-tokens — the native currency of iEx.ec ecosystem with bitcoin or Ether. The iEx.ec team is looking forward to launching the platform sometime later this year, complete with off-chain computation and DApps capabilities.

CEO, and Co-founder of iEx.ec Gilles Fedak

While announcing the launch of the crowdsale and the need for a distributed cloud computing system, the CEO and Co-founder of iEx.ec, Gilles Fedak was quoted in the platform’s press release saying:

The simple truth is that centralized cloud services are falling behind current demand for computing resources. The iEx.ec team knows this through our work at the leading edge of distributed and cloud computing. With blockchain we see how a new paradigm of cloud computing is not just possible but absolutely essential, to meet the current needs of cloud SaaS, PaaS and IaaS markets, and to meet the needs of the next wave of innovation such as High Performance Computing, Artificial Intelligence, Internet of Things, Blockchain Computing and other forms of distributed business.

iEx.ec distributed cloud computing platform makes use of the powerful Ethereum blockchain and its smart contracts capabilities to manage the network. The smart contracts ensure that all participants in the network are well-compensated for their contributions in the form of rewards. It also automates payment transactions for the “give and take” of services on the network.

iEx.ec Crowdsale

The team of renowned experts in the field of computing is working on making iEx.ec’s vision a reality. Creators of the open access platform include Gilles Fedak (Ph.D.) and Haiwu He (Ph.D.) known for their work on distributed computing, HPC and cloud systems design.

The platform will be free for anyone to join, with revenue models kicking in for a range of premium services availed by enterprise users. The iEx.ec platform further simplifies the smart contracting feature with ready-made contract templates that is set for release soon.

The platform already has a Proof of Concept in place, which has been successfully demonstrated. Gilles Fedak has been presenting the platform at various international events and conferences, the latest one being BlockchainUA conference in Kiev on March 17, 2017.  The next presentation will be at the Berlin Blockchain Expo scheduled for June 1 and 2, 2017.

Investors intending to be part of the blockchain-based computing revolution can find more information about the upcoming ICO here. Early bird investors also stand to gain 20% bonus, making the investment an exciting affair for them.


Images courtesy of iEx.ec, Shutterstock

The post iEx.ec Distributed Cloud Computing Platform Announces Cryptocurrency Crowdsale appeared first on Bitcoinist.com.

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