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Cryptos Fall as EU Regulators to Look at ICO Cases

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Bitcoin fell on Tuesday. Bitcoin fell on Tuesday.

Ninomag.com – Cryptocurrencies fell on Tuesday, as the European Union’s securities watchdog said it would examine every initial coin offering to determine if it should be regulated.

fell 0.64% to $6,629.50 on the Bitfinex exchange as of 9:01 AM ET (13:01 GMT).

Cryptocurrencies overall were lower, with the total coin market capitalization at $218 billion at the time of writing, compared to $221 billion on Monday.

,or Ether, decreased 1.06% to $227.50 and was at $58.824, down 0.60% while slipped 3.81% to $0.47771.

The European Securities and Markets Authority announced late on Monday that it would be taking a look at each ICO to see how and if they fit into current regulation.

An ICO is a token like Bitcoin that is issued to raise funds for small companies. Regulators around the world have cautioned against consumers investing in ICOs as bitcoin and other digital coins grow in popularity.

U.S. Securities and Exchange Commission head Jay Clayton said in February that ICOs should be considered securities, but has not classified them as such. In the EU, regulators have so far just issued a warning to retail investors.

“Some of these ICOs are like a financial instrument. Once it is a financial instrument it comes under a whole regulatory framework,” Steven Maijoor, chair of the ESMA, said at a European Parliament economic affairs committee.

“The subsequent question is what do we do with those ICOs that are outside the regulatory world. We will assess that as a board. We expect to report by the end of the year,” he added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Coinbase and the Awkwardness of Growing Up

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© Reuters.  © Reuters.

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team.

The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here.

Coinbase’s recent announcement that it was considering another 31 tokens for listing was greeted with a potent mix of vindication, disappointment, query and speculation.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Exchanges, Startups Pick Sides After the Bitcoin Cash ‘Hash War’

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© Reuters.  © Reuters.

The so-called “hash war” over the future of bitcoin cash is over – and what remains appears to be a persisting rivalry between the forces behind what are now two distinct cryptocurrencies.

Created in November when the blockchain underwent a controversial system-wide upgrade (also called a hard fork), there remains a segment of the bitcoin cash community that follows a new software protocol called Satoshi’s Vision, or BSV.

With the remaining community following a competing implementation of bitcoin cash called Bitcoin Adjustable Blocksize Cap, or ABC, the expectation shortly after the split was that one blockchain would quickly overtake the other.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Cardano Dips Below 0.029270 Level, Down 4%

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© Reuters.  © Reuters.

Ninomag.com – fell bellow the $0.029270 level on Sunday. Cardano was trading at 0.029270 by 06:31 (11:31 GMT) on the Ninomag.com Index, down 4.28% on the day. It was the largest one-day percentage loss since December 1.

The move downwards pushed Cardano’s market cap down to $758.94302M, or 0.73% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.028054 to $0.029414 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 5.15%. The volume of Cardano traded in the twenty-four hours to time of writing was $9.51922M or 0.09% of the total volume of all cryptocurrencies. It has traded in a range of $0.0277 to $0.0318 in the past 7 days.

At its current price, Cardano is still down 97.83% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

was last at $3,277.1 on the Ninomag.com Index, up 1.70% on the day.

was trading at $0.29179 on the Ninomag.com Index, a gain of 1.37%.

Bitcoin’s market cap was last at $57.18460B or 54.89% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.91524B or 11.44% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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When There’s Blood in the Street (Why It’s Not Quite Time to Be Long Crypto)

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Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM).
——————-

Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo).

The family has been one of the richest in the world for over 200 years, so there’s something to be said for following the advice of its members… In the crypto space, therefore, the question becomes, Is there enough blood in the streets now that it’s the time to buy? I would argue no. Or, more precisely, not quite yet.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Crypto is for Activists: Why We Need More Cypherpunks, Not Cypherposers

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Zach Harvey is the CEO of Lamassu, an early and active provider of cryptocurrency vending machines.

The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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