eToro
By eToro
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Daily cryptocurrency Tracker 21.2.18: Crypto seesaw continues

After registering gains for several days in a row, crypto markets displayed a trend reversal over the past 24 hours, as all top 10 currencies registered losses. Bitcoin Cash, NEO and Stellar dropped around 10% each, while Bitcoin showed relatively lower losses of under 5%, and held above $11,000.

Highly volatile investment product. Your capital is at risk. This is not investment Advice.

Ethereum founder wants to ‘fix’ ICOs

Vitalik Buterin, founder of Ethereum, has unveiled a new form of Initial Coin Offerings (ICOs). The practice of raising funds by selling tokens in advance has raised a lot of criticism, due to some malicious entities taking advantage of it and raising funds without giving any return. Now, Buterin, whose Ethereum platform is often used for ICOs, has introduces a new concept, called DAICO (Decentralised Autonomous Initial Coin Offering). The new model is aimed to give investors more control over how the funds raised will be used.

Highly volatile investment product. Your capital is at risk. This is not investment Advice.

EU to discuss crypto regulation next week

A group of regulators from the European Union will meet next Monday (Feb 26th) to discuss regulations for the cryptocurrency market. The meeting will include representatives from various central banks from Europe and members of the cryptocurrency community. The meeting comes two weeks after a similar hearing was held in the US Senate, and following calls from key European countries, such as Germany and France, to discuss regulation of the digital assets.

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