Latest Market News
As we enter February, this week’s choices are set to benefit from ongoing adoption and significant developments that continue to push each project forward. As the market stabilizes, these developments should help the projects to strengthen their market positions, in addition to stimulating increased user adoption.
Blockport, the Netherlands-based cryptocurrency exchange which successfuly conducted their ICO in early 2018, announced it is now looking to tokenize its company through a Security Token Offering (STO).
If the current situation of pressure on the purchasing of the EOS cryptocurrency continues, we may see the start of an uptrend rally in the short term, at least briefly in this month to start.
IOTA co-founder Dominik Schiener recently spoke to Reuters and revealed that a large part of the IOTA tokens stolen through a fraudulent seed generator scheme have been found.
As we’re making our way through 2019, the market continues to present long-term holders with suitable entry points, and allows crypto enthusiasts everywhere to accumulate their favourite coins. This month’s projects look set to benefit from a range of significant developments that should help foster an increase in adoption and usage for their respective platforms.
After the U.S. Securities and Exchange Commission (SEC) postponed its decision several times, the proposal to list a Bitcoin ETF developed VanEck SolidX Bitcoin ETF on the CBOE BZX exchange was withdrawn. This leaves crypto asset management firm Bitwise’s recent filing for a Bitcoin ETF the only active proposal remaining.
The Liqui cryptocurrency exchange is shutting down, and says it is giving its users a 30 day window to withdraw their funds. The exchange’s website displays a message detailing the decision to stop offering trading services.
This week’s choices are set to benefit from significant announcements that include a mainnet launch, platform integration, and a coin burn. As the market begins to stabilize, these developments should help the projects to develop their communities and strengthen their market positions, in addition to stimulating user attention and possible adoption.
Blockchain has a unique structure that makes it practical for use across multiple industries. It is good for processes involving numerous middlemen, over-centralized industries, creating trust by eliminating dishonesty and establishing transparency, tracking the flow of assets digitally, and facilitating as well as recording transactions. Looking at the music industry, we can’t help but notice more than a few challenges that artists would rather do without. Let’s face it - the artists are the ones that have the talent and do most of the hard work.
The secondary market for the tZERO security token is officially open, according to a press release issued by tZERO on January 24.
