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Brian Kelly, founder and CEO of investment firm BKCM LLC, called most of the current ICOs that raise millions of dollars overvalued in a recent interview. He believes that the market has already reached the next stage, as many ICOs have begun to adhere to much higher standards than those held at the beginning of the year.
What is an ICO – a soap bubble or a promising way to receive investments? American trader and content maker Tone Vays will talk about this at the Blockchain & Bitcoin Conference Kyiv.
Chairman of the Board of the Eurasian Development Bank (EDB) Andrey Belyaninov said at the international media congress, which is currently taking place in Almaty, Kazakhstan, that the EDB is considering the possibility of creating a single regional unit of account in the Eurasian Economic Union (EAEU), and it is possible that such a unit could become a cryptocurrency.
Since the beginning of 2018, Uzbekistan has set a course towards legalizing blockchain technologies, mining and cryptocurrency. For Uzbekistan, the development of Blockchain has become a national priority.
China's largest mining company Bitmain Technologies is seeking to raise $1 billion in a private pre-IPO funding round, according to a Financial Times report on Wednesday.
Yesterday's price decline in the altcoin market broke the upward wave and returned prices to the sideways range. If the bearish impulse repeats, then many altcoins will no longer be able to stay within the sideways corridor.
Almost all the top cryptocurrencies - Bitcoin, Ethereum, Ripple, EOS - contributed to the market collapse. Although the price of Bitcoin fell only 6% against the US dollar, EOS, Bitcoin Cash, Litecoin, Monero, Ethereum, and Ripple suffered much larger losses. Among all the altcoins, Stellar stands out in the top 10 cryptocurrencies, which managed to lose only 6% in the bear market.
The largest developers of graphic architectures note a serious drop in sales of video cards due to weakening interest in mining in the second quarter of 2018.
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