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BitTorrent ICO Crowdsale on Binance passed in 18 minutes

BitTorrent-ICO-Crowdsale-on-Binance-passed-in-18-minutes Changpeng Zhao | Binance CEO

Yesterday, a BitTorrent Crowdsale (BTT) took place on the Binance Launchpad platform, which caused an unprecedented stir and ended in just 18 minutes. It was also the first large-scale ICO on the TRON platform.

The campaign was carried out in two stages: the first one lasted 13 minutes and 25 seconds, during which time 23.76 billion BTT were sold at a price of 0.00001824 BNB per unit; in the second stage, 35.64 billion BTT were sold at a price of 0.00447261 in 14 minutes 41 seconds. In just two of these sessions, 962 cryptoinvestors (340 in the BNB session and 622 in the TRON session) invested more than $ 7 million in the project.

CEO Huobi: the exchange brings 70% of the company's revenue

CEO-Huob--the-exchange-brings-70-of-the-companys-revenue Livio Weng | CEO Huobi Cryptocurrency Exchange

Bears on the cryptocurrency market have dominated for more than a year. In various thematic chats you can hear a huge number of stories about the loss of more than 80-90% of the deposit in dollars, but customer losses are not reflected in any way on the cryptocurrency exchanges.

Huobi Global CEO Livio Weng in an interview with the South China Morning Post (SCMP) shared information, according to which 70% of the company's revenue brings the main exchange business.

BitPay company reported record revenue in 2018

BitPay-company-reported-record-revenue-in-2018 Stephen Pair | Co-founder and CEO of BitPay

BitPay, one of the largest payment blockchain providers in the world, announced a new record reached in 2018. The company processed payments in the amount of more than $ 1 billion and again showed record income.

In addition, Dish Networks, HackerOne, and the Ohio State Government have joined the payment network. The B2B division showed record numbers and grew by 255%, as many law firms, data centers and manufacturers in the IT industry connected to bitcoin reception.

Binance launches a fiat-to-crypto Cryptocurrency Exchange

Binance-launches-a-fiat-to-crypto-Cryptocurrency-Exchange Changpeng Zhao | Binance CEO

Binance, the world's largest cryptocurrency exchange in terms of trading volume, launched a new exchange on the island of Jersey, a British self-governing dependency. On Wednesday, the company announced that thanks to the new exchange, users will be able to trade Bitcoin and Ethereum against the British pound and euro in Europe and the UK.

"Binance selected Jersey for its highly developed digital infrastructure, robust regulatory framework, and world-class financial services sector," said Wei Zhou, chief financial officer of the exchange.

James Bullard: “FINTECH could be the source of the next crisis”

Fintech-could-be-the-source-of-the-next-crisis James Bullard | St. Louis Fed President

US regulatory agencies - the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are exploring the possibility of providing federal banking licenses for technology companies that provide financial services, such as remittances and lending.

The presence of a federal license will allow FINTECH companies to reduce costs and develop new regions and products. However, they do not intend to invest heavily in expansion without having access to payment systems, settlement services and other tools of the US Federal Reserve (Fed).

World Leaders To Discuss The Future Decentralized Financial System At The Blockchain Economic Forum In Davos

PRESS-RELEASE-Blockchain-Economic-Forum-In-Davos Blockchain Economic Forum In Davos

LATOKEN — the #1 exchange in liquidity for new tokens— is kicking off 2019 with the 4th edition of the Blockchain Economic Forum: The Decentralized Financial System.

More than 100 high-profile economists, regulators, officials, and business leaders from all around the world will join us for three days to set the ground rules for the design, governance and monetary policy of a more inclusive and transparent financial system.

Kyle Samani: “At the end of 2019, I still expect Ethereum to be the market leader”

Ethereum-to-be-the-market-leader Kyle Samani | Co-founder of Multicoin Capital

Co-founder and managing partner of the Multicoin Capital cryptocurrency fund, Kyle Samani, shared his opinion on important trends in the field of cryptoassets for the coming year.

Samani noted that he is closely watching the popular Binance Cryptocurrency Exchange and its development of a new decentralized platform, the launch of which can change the digital industry. He expects that the status of this exchange will allow it to attract a large number of users to an alternative solution, while Binance competitors, who are also developing such platforms, are unlikely to succeed.

SEC: ICO market is a priority for the coming 2019 year

SEC-ICO-market-is-a-priority-for-the-coming-year Jay Clayton | SEC Chairman

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.

Jeffrey Gundlach: “the price of Bitcoin will reach $ 5,000”

Jeffrey-Gundlach-the-price-of-Bitcoin-will-reach--5000 Jeffrey Gundlach | Head of DoubleLine

Despite yesterday's volatility in cryptocurrency markets and a noticeable drop in the price of Bitcoin, well-known digital currency critic Jeffrey Gundlach said that in the near future the price of the first cryptocurrency will reach $ 5,000.

In an interview with CNBC Channel, Gundlach, who is the head of DoubleLine, which manages assets of $ 200 billion, noted that risky investors could make easy profits if they turn to Bitcoin trading.

Travis Kling: "cryptocurrency will be the most effective asset in 2019"

ICO-NEWS-Travis-Kling-cryptocurrency-will-be-the-most-effective-asset Travis Kling | Founder of the "Ikigai"

There is a strong likelihood that cryptocurrencies will become the most effective asset in 2019, said Travis Kling, former head of Point72 Asset Management, a hedge fund that controls assets worth $ 12.4 billion.

The founder of the "Ikigai" fund said that cryptocurrencies were never present during the "bearish" mood in traditional finance, and the fall in the Nasdaq Composite and Dow Jones indices could bring more investors into the cryptocurrency space.

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