Everyone knows that the bear market has not been easy on the cryptocurrency market. This is most especially the case when talking about initial coin offerings or ICOs. As far as the demand for small-value tokens courtesy of unknown projects, it is withering. An epitome here would be the 21-year-old entrepreneur who is selling his ICO on eBay.
According to a report published on March 31 by the Wall Street Journal (WSJ), ICOs (Initial Coin Offerings) raised $118 million in the first quarter of 2019. This is about 58 times less than what the projects had raised in the same time period last year, when ICOs had raised about $6.9 billion.
Canada has been vocal about its plan to embrace the world of cryptocurrency. Now, in the latest news in the space, one of its municipalities is looking to utilize the world’s leading digital currency when it comes to property tax payments. Here is everything about it in a nutshell.
The SEC has finally pushed forward on its decision as regards to whether approval should be given to a Bitcoin exchange-traded fund (ETF). Apparently, though, the U.S. financial watchdog has decided to postpone for the time being.
In the latest cryptocurrency news, a group of at least six blockchain companies dubbed as the Universal Protocol Alliance is planning to bring forth next month what appears to be a euro-pegged. Here is everything about it in a nutshell.
Bitrefill, a digital currency gift provider, has recently added a new service that lets users book Airbnb rentals with at least five cryptos. Here is everything about it in a nutshell.