BitTorrent Token Is Already Nearly 6 Times Its ICO Price

BitTorrent Token Is Already Nearly 6 Times Its ICO Price 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

BitTorrent Token Is Already Nearly 6 Times Its ICO Price The price of BitTorrent Token (BTT) is closing in on six times the price of its initial coin offering (ICO), which occurred just one week ago. 59.8 billion BTT tokens were sold through Binance’s token sale platform on Jan. 28 at a price of $0.00012 per token, according to sale information provided by the exchange. Up nearly 40 percent today alone, BTT is now trading at a considerably higher price of $0.000798 – representing a 565 percent increase from its…

Token Issuers Must Stop Paying for Market Making

Token Issuers Must Stop Paying for Market Making 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Token Issuers Must Stop Paying for Market Making Eric Gravengaard is the co-founder of several digital currency businesses including Athena Bitcoin and Red Leaf Advisors. ——— I have spent much of my career in financial services working for Chicago’s proprietary trading firms which act as market makers on the derivatives exchanges. These firms are responsible for providing prices to the derivatives exchanges (CBOT, CME, CBOE) for options contracts, futures, etc. and are an important part of an orderly marketplace. In this post, I will discuss both the function and role…

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules South Korea’s top financial regulator has said it will not lift the ban on domestic initial coin offerings (ICOs) after finding that some projects have been violating rules. As ICO investment is a “high risk” activity, the Financial Services Commission (FSC) said, calling on the public to exercise caution when investing in token projects, according to a report from CoinDesk Korea. The FSC decision was informed by the results of a survey conducted by the Financial Supervisory Service…

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales A health startup tied to a public cryptocurrency is using overstated language about some of its industry relationships and its affiliation with crypto exchange Coinbase as it seeks to sell tokens to investors, a CoinDesk investigation has found. Mexico City-based Doc.com, which offers an app that provides healthcare and psychology consulting to underprivileged communities, also features a built-in wallet for the startup’s cryptocurrency, MTC. The venture-backed startup raised over $1.8 million in an initial coin offering (ICO) in 2018, then…

BitTorrent Token (BTT) Sale Over in Minutes

BitTorrent Token (BTT) Sale Over in Minutes 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

BitTorrent Token (BTT) Sale Over in Minutes The BitTorrent Token (BTT) sale on Binance took place yesterday. In under 15 minutes, $7.1 million was raised, selling 50 billion BTT token. Binance announced the conclusion of the sale via an official blog post on their website. BitTorrent Token (BTT) Sale The token sale ran in two different sessions: One for purchasing BTT with TRON (TRX) and the other purchasing BTT with Binance Coin (BNB). Both sale sessions ended quickly. This didn’t go without a hitch though. It seems Binance wasn’t fully prepared…

Binance’s BitTorrent Token Sale Sells Out in Minutes Amid Technical Issues

Binance's BitTorrent Token Sale Sells Out in Minutes Amid Technical Issues 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Binance’s BitTorrent Token Sale Sells Out in Minutes Amid Technical Issues A public sale of 59.8 billion BitTorrent Tokens (BTT), worth roughly $7.2 million, sold out in a matter of minutes on Binance’s Launchpad earlier today, despite technical difficulties that frustrated some users. At 3:00 UTC, the token sale platform opened its doors to BTT investors through two separate sale sessions, one for those paying with the token native to the Tron blockchain, TRX, and the other for those paying with Binance’s native exchange token, BNB. Each BTT token was…

Blockchain Project Polkadot Plans Second Token Sale to Raise $60 Million

Blockchain Project Polkadot Plans Second Token Sale to Raise $60 Million 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Blockchain Project Polkadot Plans Second Token Sale to Raise $60 Million Update (12:10 UTC, Jan. 27 2019): Polkadot has confirmed the planned fundraising in an email to CoinDesk, saying no new tokens will be issued for the sale. — Blockchain project Polkadot is reportedly seeking to raise up to $60 million through a second token sale. According to a report from The Wall Street Journal on Thursday citing “people familiar with the matter,” the startup’s latest token fundraising effort would bring the value of all its tokens to $1.2 billion, when those…

Overstock’s tZERO Token Platform Has Officially Opened for Trading

Overstock's tZERO Token Platform Has Officially Opened for Trading 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Overstock’s tZERO Token Platform Has Officially Opened for Trading Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon. The company announced in a press release that its secondary market for tZERO’s own security tokens had gone live, marking the first step toward trading other digital assets on the platform. Accredited investors can sign up to trade tZERO tokens through Dinosaur Financial Group, LLC, which is acting as the “introducing,” or customer-facing, broker-dealer. TZERO subsidiary Pro Securities LLC is providing the alternative trading system (ATS) to trade the…

Thai Stock Exchange Plans to Launch a Token Trading Platform

Thai Stock Exchange Plans to Launch a Token Trading Platform 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Thai Stock Exchange Plans to Launch a Token Trading Platform The Stock Exchange of Thailand (SET) is looking to capitalize on investor interest in cryptos by offering a new digital assets exchange. According to a report from Bangkok Post on Thursday, the SET is planning to apply for a license from the country’s Ministry of Finance to operate the platform. The move comes as the exchange looks to capture the growing investor demand for cryptos, Pattera Dilokrungthirapop, vice-chairwoman of the SET board of governors, said in the report. The stock…

Following $5 Billion Drop in Crypto, Traders See Weakness in Bitcoin

Following $5 Billion Drop in Crypto, Traders See Weakness in Bitcoin 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Following $5 Billion Drop in Crypto, Traders See Weakness in Bitcoin On January 13, the crypto market initiated an intense sell-off as the Bitcoin price fell below the $3,500 mark. The weakness in the short-term price trend of BTC led the market to demonstrate volatility on the downside. More than $5 billion was wiped out of the crypto market and major assets like Ethereum recorded a six percent drop. Where is Bitcoin Headed? Generally, both analysts and traders expect Bitcoin to fall to the low $3,000 region in the days…