Friday, July 19 — Cryptocurrency markets are reporting mixed signals, with most of the top-20 coins by market capitalization are down over the last 24 hours.
Market visualization. Source: Coin360
Bitcoin (BTC) has stayed above the $10,000 threshold during the day and is trading at around $10,412 at press time. The leading cryptocurrency has lost 2.14% on the day, while its weekly losses amount to nearly 10%.
As reported earlier today, U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, told fellow lawmakers directly that attempts to stop Bitcoin are futile. “The world that Satoshi Nakamoto, author of [...]
The Initial Coin Offering (ICO) and the Security Token Offering (STO) feature some similarities, but ultimately differ drastically. The following explains how.The Difference Between an ICO and an STO Explained
In 2018, ICOs raised nearly $8 billion. But as many know too well, the ICO wave has since come crashing down.
ICOs now raise about 58 times less than they did just a little more than one year ago.
In the midst of such an atmosphere, the STO emerged. So far, the nascent industry has featured 64 STOs which raised an accumulative total of $1 billion. In Q1 of 2019 alone, STOs saw a 130% increase.
So, what’s the [...]
Ron Paul, the pro-bitcoin retired U.S. Congressman, says President Donald Trump is correct when he says the Federal Reserve is clueless and useless. Moreover, Paul says the Fed should stop manipulating interest rates because that fuels artificial bubbles and stock market crashes.Rand Paul: The Fed Does More Harm than Good
In a blistering July 19 Fox Business column, the father of Senator Rand Paul says Trump should curb the unfettered power of the Fed to roil the financial markets.
“President Trump is right – the Fed doesn’t know what it is doing. But it is up to him to stop it from further increasing in power. For over a century, the central bank [...]
Cardano is one of the projects with the best reputation in the crypto-verse. It’s trying to take things in its hands to solve the problem of market manipulation when it comes to ADA.
Bitwise is a cryptocurrency management firm. It wrote a report last March, and it presented it to tue US SEC. It attracted a lot of attention from the cryptosphere. The report showed in detail how most cryptocurrency trading, 95% according to the report’s numbers, is spurious. Only a handful of exchanges in the world have real trade volumes. Among them are Kraken, Poloniex, Coinbase, and Binance. No surprises there.
The exciting thing is that the data from those ten [...]