Jon Nielsen, Publisher at CoinCodex
Jon is a senior writer at CoinCodex, specializing in blockchain and traditional finance. With a background in Economics, he offers in-depth analysis and insights into cryptocurrency trends and the evolving financial landscape. Jon's articles provide clarity on complex topics, making him a valuable resource for both crypto enthusiasts and finance professionals.
Jon Nielsen Latest Articles
It is no secret that the ICO space is past its prime in terms of excitement and speculation – the number of projects holding ICOs is shrinking, and hard caps are diminishing as well because backers are less willing to spend their hard-earned ETH and BTC on risky plays. Early ICO projects that managed to gain traction, however, have seen their tokens explode in value, providing returns that are unimaginable anywhere else. In this article, we will be looking at 5 of the most successful ICOs of all time in terms of their token gaining value against the US dollar.
Bitcoin continues its unexciting February and is still trading quite close to the lowest levels we’ve seen in the 2018 – 2019 bear market.
In 2018, the cryptocurrency market underwent through a prolonged bear market, which put a lot of pressure for projects everywhere. The following projects have the ability to thrive over the coming months and jump into the top 50.
In a recent blog post, Steemit Inc. founder and CEO Ned Scott says the company has laid off almost 70% of its team due to “weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and the growing costs of running full Steem nodes”.
This week’s selection of coins to watch kicks off with WTC, which powers a blockchain platform desinged for the Internet of Things (IoT) era. Next up is SRN, a token issued by SIRIN Labs, a company that will soon be releasing a blockchain-powered smartphone. DGX, which can be used as a hedge when market conditions are poor, rounds out the list.
As the amount of funds being raised by projects conducting Initial Coin Offerings (ICOs) continues to decrease, investors are becoming more selective in their choices and opting to participate in only the strongest projects. Here’s our picks for the top 5 ICOs to keep an eye on in November.
Before its mainnet was launched, TRX was an ERC20 Ethereum-based token that could be stored in a variety of cryptocurrency wallets that support the ERC20 standard. Now, the TRON mainnet is in full swing and there’s TRON-specific wallets designed to facilitate transactions and store your TRX safely.
After going through an extended period of relative stability, the market has shown signs of volatility and this week’s projects are all engaged in a number of developments and releases that should result in an increased amount of attention for each respective project.
This week’s selection of coins to watch features some of the largest cryptocurrencies on the market, and there’s some important developments approaching. It’s worth keeping a close eye on Bitcoin as its performance could impact the rest of the market, Ripple has a major conference coming up, and Bitfinex is launching an EOS-based exchange called EOSFinex.
While the lower part of the cryptocurrency top 10 has been quite dynamic in recent times, the top 3 order of BTC, ETH and XRP had been rock solid for more than half a year. Today, however, XRP extended the rally which began yesterday, overtaking ETH in market capitalization.