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Tom Lee: Ethereum is ready to change the trend

ICO-NEWS-Tom-Lee-Ethereum-is-ready-to-change-the-trend Tom Lee | Fundstrat Analyst

In a note to Fundstrat Global Advisors clients, analyst Tom Lee wrote that the Ethereum is ready to change the trend to a bottom line and make a strong rally. According to the analyst, the perception of the air on the market turned out to be "too negative" and it allows us to say that in the near future the value of the cryptocurrency will be restored and will go on growth.

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Vitalik Buterin: zk-SNARK will allow to scale Ethereum up to 500 transactions per second

ICO-NEWS-scale-Ethereum-up-to-500-transactions-per-second Vitalik Buterin | Ethereum

The cryptographic principles underlying the zk-SNARK (ZCash-proof technology of zero-disclosure in the crypto currency) can greatly help with the scaling of the Ethereum network, Vitalik Buterin said during a scientific forum.

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Mike Novogratz: sellers in the cryptocurrency market are already depleted

ICO-NEWS-sellers-in-the-cryptocurrency-market-are-depleted Mike Novogratz | General Manager of Galaxy Digital

"There is a cycle of depletion of sellers in the market of cryptocurrencies," said General Manager of Galaxy Digital and former hedge fund manager Mike Novogratz at the second annual event of Yahoo Finance All Markets Summit.

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Venezuela will start using petro in international trade

ICO-NEWS-Venezuela-will-start-using-petro Nicolas Maduro | President of Venezuela

Venezuela's President Nicolas Maduro announced that Petro's National Petroleum Cryptocurrency, secured by oil, will be used for settlements in international trade from October. These words were heard on the air of local television.

"The Petro enters ... as a currency of exchange, purchase and convertible currencies for the world," Maduro said during the broadcast.

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US Federal Judge: fraudulent ICOs are subject to securities laws

ICO-NEWS--fraudulent-ICOs-are-subject-to-securities-laws Raymond Dearie | The US federal judge

The US federal judge ruled that the criminal case against two allegedly fraudulent primary tokens (ICO) placements is subject to securities laws.

District Judge Raymond Dearie on Tuesday ruled that the case against two allegedly fraudulent ICOs, which were carried out by a Brooklyn resident Maxim Zaslavsky, would be considered further, and the defendant's petition to dismiss the lawsuit was dismissed.

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Bitcoin overcame the $ 7000 mark against Tom Lee's forecast of a "New Year rally"

ICO-NEWS-Bitcoin-overcame-the--7000-mark Fundstrat analyst | Tom Lee

The price of Bitcoin, which has been floating for a long time between $ 6,400 and $ 6,700, has finally overcome the $ 7,000 mark. The reversal of the dynamics of the first cryptocurrency pulled the entire market - the total capitalization of digital assets at the time of publication is more than $ 229 billion.

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Anthony Pompliano: Bitcoin could fall to $ 3000

ICO-NEWS-Anthony-Pompliano-Bitcoin-could-fall-to--3000 Anthony Pompliano | Morgan Creek Digital Assets

Founder and partner at Morgan Creek Digital Assets Anthony Pompliano has significantly adjusted his forecasts regarding the market prospects of Bitcoin for the near future. Now the analyst is confident that the price of the first cryptocurrency can fall to $ 3000, according to the blog Off The Chain.

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Ethereum Co-founder: the fall of the markets will not prevent the crypto-industry development

ICO-NEWS-not-prevent-the-crypto-industry-development Joseph Lubin | Ethereum co-founder

Ethereum co-founder Joseph Lubin said that he does not view the decline in the value of cryptocurrency as a constraint on the growth of the industry. In his recent interview with Bloomberg, Lubin said that the drop in prices is not a new phenomenon. It was present in the "ecosystem of the blockchain since 2009 - from the moment Bitcoin was invented."

He also noted that, despite the declining value of the cryptocurrency, price bubbles will appear to be "small bumps on the chart", because "growth was exponential".

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The EU intends to include ICO in the new rules of crowdfunding

ICO-NEWS--new-rules-of-crowdfunding Ashley Fox | Member of the European Parliament

The Committee of the European Parliament on Economic and Monetary Affairs has published a document, according to which it is proposed to create new rules for the primary placement of tokens (ICO).

Ashley Fox, a member of the European Parliament representing the UK, drafted a bill on the proposed regulation rules for European companies and operators of crowd-hosting platforms.

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Australian entrepreneur plans to open a crypto bank

ICO-NEWS-Australian-entrepreneur-plans-to-open-a-crypto-bank Fred Schebesta | Australian entrepreneur

One of the founders of Finder.com, 26-year-old entrepreneur Fred Schebesta plans to open a cryptocurrency bank in Australia. In his opinion, interest in the cryptocurrency is growing in the country and very soon people will need an institution that can meet their needs in this area.

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Crypto-currencies are the embodiment of economic regression

ICO-NEWS-the-embodiment-of-economic-regression Paul Krugman | American economist, Nobel laureate

American economist, Nobel laureate, as well as ardent cryptocurrency skeptic Paul Krugman once again criticized the cryptocurrency and its supporters.

Krugman, who previously called Bitcoin "evil", said that the cryptocurrencies are the embodiment of economic regression that discards the financial system for 300 years ago. According to him, in Bitcoin, he is confused by two things: transactional costs and "no binding".

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Blockchain will solve problems of identification, financial integration and international trade

ICO-NEWS--Blockchain-will-solve-problems-of-identification Michelle Chivunga | Adviser to the British Blockchain Association

According to Michelle Chivunga, the regional adviser to the British Blockchain Association, international trade, identification and financial isolation are the main areas that can be improved with the help of blockchain technology.

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Donald Trump’s former adviser is going to create his own cryptocurrency

ICO-NEWS-Trumps-former-creates-cryptocurrency Steve Bannon | Donald Trump’s former adviser

During a lengthy interview at the Delivering Alpha conference in New York, former adviser to US President Donald Trump Steve Bannon said he owns Bitcoins and reminded him that he was working to create his own cryptocurrency.

"I like Bitcoin. I own Bitcoin," Bannon said at the conference, but he did not specify the amount of cryptocurrency he owns.Enter heading here...

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BitPay becomes the first crypto operator in the state of New York

ICO-NEWS-BitPay-becomes-the-first-crypto-operator-in-New-York Stephen Pair | Head of BitPay

The operator of crypto-payments, BitPay, became the eighth organization that received BitLicense from the New York State Department of Financial Services (NYDFS). On Monday, the Department announced that it had conducted a "comprehensive review" of the company's compliance with the principles of combating money laundering and fraud, as well as its capitalization, consumer protection and cyber security policies, after which the BitPay application was approved.

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China intends to fight foreign ICOs that attract local investors

ICO-NEWS-China-intends-to-fight-foreign-ICOs Pan Gongsheng | Vice President of the People's Bank of China

Vice President of the People's Bank of China Pan Gongsheng during the meeting of the working group on financial transformation on the Internet recalled that the ICO and any other projects on attracting investments are still banned in China. Pan noted that after the ban in September 2017, many projects moved to jurisdictions more loyal to the cryptocurrencies industry, but they continue to attract Chinese investors.Enter heading here...

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Bitmex co-founder became the youngest British billionaire

ICO-NEWS-Bitmex-co-founder-became-the-youngest-British-billionaire Ben Delo | Co-founder of the Bitmex crypto exchange

British media reported that 34-year-old Ben Delo, co-founder of the Bitmex crypto-exchange, became the youngest British billionaire who succeeded on his own.

According to The Sunday Times article, in the final issue of Ben Dong College, according to the results of the vote, he was recognized as a student with the greatest chance of becoming a millionaire. In addition, within the same vote, he took second place among the most likely candidates for imprisonment based on his performance.

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Jeremy Allaire: interest of institutional investors in crypto-loans increased by 30%

interest-of-institutional-investors-in-crypto-loans-increased Jeremy Allaire | General director and Co-founder of Circle

This week, the cryptocurrency company Circle said that it noticed a significant surge in interest from institutional investors. According to Jeremy Allaire, general director and co-founder of Circle, despite the fact that in May the cryptocurrency markets were declining, last month the company saw a 30% surge in interest from institutional clients.

Since December 16, 2017, the currency and credit markets have fallen by more than 69%, and the last few months of 2018 the reins of government were certainly among the "bears." However, during this period many companies, such as Coinbase, Bitgo, Circle and others, opened the doors for institutional investors. This week, the company has seen an increased demand from institutional investors.

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Robert Schiller called Bitcoin a "social phenomenon"

ICO-NEWS-Schiller-called-Bitcoin-a-social-phenomenon Robert Schiller - winner of the Nobel Prize in Economics

Bitcoin is a social phenomenon, whose popularity differs by geographic regions, says Robert Schiller, an American economist, author of popular economic books, and winner of the Nobel Prize in Economics.

"The East Coast is less into it than the West Coast," Shiller said Tuesday in a Bloomberg Television interview with Tom Keene and Guy Johnson. "Silicon Valley is really into it. This to me shows that this is not a rational response to new information." he said.

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