Author: Carlos Terenzi

Bitcoin Value Drops to $7,000

It looks like Bitcoin has taken another plunge, albeit a slight one. The cryptocurrency is now priced at around the $7,000 mark, which is a 10% decrease following Bitcoin’s steady increase since April. Investors see this slump as a sign of its well-known volatility, with CoinFi chief executive Timothy Tam assuring people that there’s no need to worry. “This is a healthy retracement,” Tam told Fortune, citing this slump as part of Bitcoin’s normal working order. The fact that this news comes in the aftermath of Bitcoin’s 10th birthday signifies the cryptocurrency’s place in the global finance market in spite...

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Top 5 Initial Exchange Offering (IEO) Platforms

Initial Coin Offerings (ICOs) were extremely popular at the end of 2017 and in 2018, but in 2019 another type of fund raising mechanism is prevailing – Initial Exchange Offerings (IEOs). An IEO is essentially an improved version of ICO, as it utilizes cryptocurrency exchanges. The IEO token sale process more secure and half-automated, making it more appealing to investors and projects involved. The Advantages of an IEO As already mentioned, the main advantage of IEO is that the token sale is organized by a cryptocurrency exchange, which makes the process more secure, but it also has a few...

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