The head of BK Capital Management and the popular cryptocurrency expert Brian Kelly expressed the opinion that Bitcoin is undervalued by 50%.
According to Kelly, the year 2019 will become more successful for cryptocurrency than 2018. However, before the courses go up, the price of the first cryptocurrency may drop to the level of $ 1.5 thousand. He noted that the market has repeatedly dropped to similar values.
The US Securities and Exchange Commission (SEC) recalled the guidelines on primary token allocation (ICO) on its Twitter account. The dedicated section of the regulator's website lists five aspects of the ICO that consumers should be aware. In addition, the SEC has posted information for investors and marketing specialists in the section.
The information has been on the site since last year, but the SEC decided to draw attention to it on social networks this weekend amid ongoing debates about regulating the industry. This material is notable for the fact that the SEC explains its principles regarding ICO in accessible language - it is much easier for all interested parties to familiarize themselves with the information in this format.
Analysts of the MarketWatch portal analyzed the ICO market and concluded that the number of initial placement campaigns conducted in accordance with all the requirements of the United States Securities and Exchange Commission (SEC) increased significantly in 2018.
MarketWatch searched the Edgar database using the keywords "coin", "ICO", "token", "initial coin offering" and "saft". According to their data, a total of 287 campaigns with ICO signs were held, which together collected $ 8.7 billion. The highest rate was registered in the second quarter - 99 companies. For comparison, in 2017, only 44 campaigns were held, collecting a total of $ 2.1 billion.During the session of questions and answers on the Reddit portal, the founders of the Gemini cryptocurrency exchange - brothers Cameron and Tyler Winklevoss predicted that in the future the capitalization of the cryptocurrency market would exceed $ 7 trillion.
According to the twins, the evolution of technology in the future will change the trade, financial system, Internet and cash. They stressed that the process would not be easy and perhaps not very successful, but the brothers believe that technological revolutions will create new rules and this will lead to success.
In a conversation with Bloomberg, a cryptocurrency investor and CEO of Galaxy Digital, Mike Novogratz, compared Bitcoin with a drug, and the current market situation with a "methadone clinic".
"How that [manipulation] issue gets addressed, I don't have a particular path. But it needs to be addressed" before an ETF gets approved, said Jay Clayton, chairman of the US Securities and Exchange Commission (SEC).
Messari, the cryptocurrency version of the EDGAR database maintained by the US Securities and Exchange Commission (SEC), launches an information register for tokens issuing projects in order to collect information that would otherwise be difficult to find.
The registry, announced on Tuesday at a Consensus: Invest event, will collect information in one place that rarely becomes public knowledge, including the structure of tokens, data on coin issues, official communication channels, management of funds raised, and information about project team members.
The Securities and Exchange Commission of the United States (SEC) began to verify the legitimacy of the activities of crypto-exchange companies. Dozens of companies operating on the cryptocurrency market received agendas and requests for the provision of financial information, which will be analyzed and evaluated by the regulator. The commission's concern is caused by the almost unregulated scope of ICO projects, as well as some ways of attracting investments. In particular, this is the organization and conduct of ICO by companies whose activities do not fall under the normative acts governing the conduct of traditional public events.
Many have heard of people building their homes and getting rich, or have lost their savings when investing in cryptocurrencies. Naturally, this attracted the attention of regulators, including the Securities and Exchange Commission (SEC), whose chairman expressed his point of view on the situation. Jay Clayton (SEC Chairman) shared his thoughts on the cryptocurrencies and ICO, which are squeezed to five main points.
