The consolidated value of cryptocurrencies has recently crossed the $750 billion mark. Bitcoin, the most popular among cryptocurrencies, accounts for almost 40% the total market capitalization of crypto markets. Market capitalization is always considered as a major valuation metric that multiplies the value of an asset by the value of that security in movement. As…
Five days from now, BitConnect, which is a financial system startup, had plans to commence a token sale, and if you were looking forward to this, I have some bad news. The Texas State Securities Board, which has served to protect investors in Texas since 1957, has terminated these plans. Why? The Texas State Securities…
This is Part 2 of a Multi-Part Series. In Part 1 (“The Tokenization of Research”), we examined the regulatory differences between MiFID II and Section 28(e) of the Securities Act of 1934 and the expected financial impact of MiFID II on asset managers and brokerage firms. The options for asset managers and brokerage firms are: adopt…
Cardano (ADA) has been in the shadows lately, slowly climbing the cryptocurrency charts and has now passed Litecoin, Monero, Dash, and IOTA to claim the fifth largest digital currency by market cap at $31.3 Billion. Source: coinmarketcap At press-time, ADA is currently trading at $1.21, a coin, up 14.78% on the day. That is just…
The world just got itself a new billionaire. After some deliberation, Ripple co-founder Chris Larsen has unofficially been declared the richest person in the world. George Kikvadze, the founder of BitFury, tweeted out that with Larsen’s 37% stake in the Ripple company, which is estimated to have a value of $320 billion, Larsen is now…
Earlier this morning, the cryptocurrency Ethereum broke new records for itself, surpassing $1,000 for the first time and hitting an all-time high of $1,045.08. Ethereum’s market cap also broke records this morning by surpassing $100 billion. The surge for the cryptocurrency has slightly worn off by now, with its price currently being listed as $994.49…
Tron (TRX) has been making a splash in the news headlines lately, as it has climbed to the 9th largest cryptocurrency by market cap which is currently sitting at $12.8 Billion. At press-time, the digital currency is selling at $0.19 a coin, up 125% for the day. What figures are even more staggering are TRX’s…
It might be fairly reasonable to say that going to the doctor’s office and filling out paperwork go hand in hand, but what happens if you switch doctors? Does the paperwork pile up even more? You bet, and why is that? Because while an individual’s medical data is somewhere out in the world, not all…
There are over 400,000,000 small enterprises around the world but unfortunately, they all lack the resources to trade their goods directly with each other. A staggering 56% of these businesses that submit trade financial proposals in order to trade globally are being rejected by traditional institutions and face other barriers that limit the trades. That’s…
Forget about going to the horse races! Crypto betting is what’s in now and an up-and-coming ICO called Ethorse is looking to be the main platform on which it happens. Ethorse is an Ethereum smart contract-based DApp that will enable you to place bets on what cryptocurrency you think is going to come out on…
