Home / Crypto Currency / Spiking Announces $1,000,000 Investment Round Led By J Capital

Spiking Announces $1,000,000 Investment Round Led By J Capital

Spiking Receives Capital As Well as Top Advisors

J Capital has successfully led an investment round of $1,000,000 into Spiking’s PRE-ITO.

The deal has also led to J Capital’s Chief Investment Officer and CEO, Kenneth Tan and Jack Ser, becoming advisors for Spiking.

Disclosure: This is a Sponsored Article

Clemen Chiang, Ph.D., CEO and co-founder of Spiking Said:

“We are thrilled that J Capital and Excavo have joined forces with Spiking, as we continue building a game-changing platform that makes successful cryptocurrency investing easier for everyone,”

Excavo’s Eugene Loza, top cryptocurrency trader at TradingView.com, GFITO Group CEO Andy Tian, as well as Ouyang Yun, Group President of Asia Innovations Group, have also been appointed as advisors for the platform.

Eugene Loza of Excavo Stated:

“As an experienced crypto influencer with proven trades in the market, I find Spiking the ideal platform to influence a new generation of crypto traders who can trade alongside me.”

Spiking is a platform that allows traders to find whales, defined as “key executives of large companies behind cryptocurrency tokens, mining pools, and/or large holders”, and mirror their trades.

Platform Will Help J Capital Transition Traditional Investors Into Crypto

J Capital has experience investing in both traditional and crypto markets for several years, but J Capital will still benefit greatly from taking advantage of Spiking’s offering. Knowing what other traders want is also an excellent way to catch trends that you may have overlooked, and can also serve to extrapolate data to see where future trends may lay.

Kenneth Tan of J Capital Stated:

“Having many years of experience in both markets, I am glad that Spiking now offers a solution that allows traditional investors to participate seamlessly in the emerging crypto markets. We think that this solution will disrupt the industry in a big way and this is a key reason why we chose to participate.”

In such a competitive scene, the fastest way to learn how to trade or get a feel for a market is to imitate the top traders. They got to the top for a reason, and with blockchain technology making things more transparent than before, its become easier for aspiring traders to learn from the best.

Spiking To Allow Public Investors Soon, Followed by Launch of App

While tokens can be bought through private sales, Spiking is allowing the public to purchase tokens sometime in the third quarter of this year. The first version of their app will be released later, sometime in Q3 next year.

For more information about Spiking, visit their website. The whitepaper is on their website, which lets readers know more about the project. Spikes MVP can be accessed and demoed here.

To talk to fellow community members, users can communicate via their Bitcointalk thread or the official Telegram channel. Questions can be asked on Reddit as well. Spike sends out updates via their social media (Facebook and Twitter) as well as their blog on Medium. Lastly, users can check out the team on LinkedIn and track progress on GitHub.

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“Bitcoin (BTC) Prices Yet To Hit Rock Bottom”: Bitcoin (BTC) Technical Analysis (June 18, 2018)

With every slide in the cryptocurrency market, Bitcoin dominance increases. As a matter of fact, Bitcoin ball park control stands at 40 percent in the last seven days or so. That’s when bears took more than $30 billion despite supportive news from the SEC. Going forward, it could be worse for cryptocurrency portfolios because any break below $6,000 and we might see BTC valuation dropping 85 percent from its ATHs to $3,000. Let’s have a look at these charts: From the News It is attack after attack but in the case of BitGrail, ordinary account holders are set to suffer. A while back, this Italian exchange was hit by hackers who made away with $187 million worth of Nano coin. Even though the operations of the exchange took a hit, they resumed normal services a few days later. However, with formal announcement by the exchange that they were not in a position to reimburse user funds because they strongly believe hackers took advantage of Nano’s blockchain weakness, the Nano Foundation refutes these claims. We have temporarily disabled the BitGrail exchange pending further notice. — BitGrail Exchange (@BitGrail) May 2, 2018 This inevitably means the court is the only center of arbitration and now through the orders of a Florence Court, where bankruptcy petition for BitGrail is on-going, BitGrail’s digital assets are under state custody. We cannot make solid conclusion as the hearing continues. 3000 users of the #BitGrail fiasco have filed a petition asking an Italian court to declare the entities that operated the Bitgrail exchange bankrupt.https://t.co/x3wfor4qe1 — DeusExMachina (@d1rtydan) April 27, 2018 Then again the CEO of BitGrail has been clear that there is nothing since the exchange is following court orders. Regardless, it’s clear that the exchange is in a poor financial situation and probably won’t repay victims. As litigation continues in Italy, authorities in South Korea are planning on creating a special economic zone for blockchain companies in the city of Busan. “We need a place to concentrate on the cryptographic industry in Korea like the Crypto Valley in Switzerland” This comes at the back drop of the country’s initial steps of totally banning ICOs and fostering an environment that isn’t supportive for crypto traders in general. #SouthKorea intends to launch a #blockchain center in Busan city to incubate companies and projects working in the sector. Modeled as “#Crypto Beach,” the development is reportedly inspired by Switzerland’s “Crypto Valley” in Zug.#Bitcoin #btc $btc $bitcoin #ETH #EOS #ICX — Hitman (@Hitman637) June 17, 2018 Because of this, most blockchain start-ups in South Korea offer their ICOs in other countries. So, to prevent loss, the only approach is to thaw their regulatory grip by creating such blockchain friendly zones. Of course, all things constant, this is positive for Bitcoin in the long haul. Bitcoin (BTC) Technical Analysis Weekly Chart Bitcoin Weekly Chart by Trading View Talking of Bitcoin hitting $3,000 may be pessimistic but here is the thing: Any break below $6,000 this week or within the next month and it would be catastrophic for coin holders in general. The web might even spread considering the positive correlation between Bitcoin prices and altcoins as we have been seeing in the last couple of days. Besides, even Trustory CEO thinks BTC prices are yet to bottom out and unwind the effect of Q3 and 4 2017 Tether pump. Price wise, it’s clear that BTC prices are trending around a key inflection point, a double bottom as the weekly chart shows. Overly, bears are in charge and we can draw a simple trend line between Q1 and recent Q2 highs to demonstrate that. In our previous projections, any up-thrust that lifts BTC prices above $8,000 will mean bulls are in charge and buying in line with the new shift of trend is practical. Conversely, it will be a journey back to $3,000 if sellers break below $6,000 as we have mentioned before. Daily Chart Bitcoin Daily Chart by Trading View Announcement by the SEC on June 14 was by all means timely. As we can see from the daily chart, that’s right at the main support line and initial bear targets at $6,500. Now, our trade plan based on these new events proposes buying but only when buyers push prices ideally past $7,000 and for conservatives at $7,800. Of course, with the past three candlesticks moving within tight trading ranges, patience would be an asset and would mean buying only once our trade conditions are met. On the reverse side where sellers drive below $6,000 and it would be a slide to $3,000. The post “Bitcoin (BTC) Prices Yet To Hit Rock Bottom”: Bitcoin (BTC) Technical Analysis (June 18, 2018) appeared first on NewsBTC.

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