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Wall Street has always been an exciting place for anyone with financial aspirations. A lot of major firms make up the Wall Street as we know it today, but things have been changing fairly rapidly. Growing interest in cryptocurrency is motivating a lot of people to quit the world’s financial hub in favor of completely different pastures.
Wall Street is a Temporary Stop
For as long as most people can remember, Wall Street has been considered the pinnacle of the financial sector. A lot of people have high expectations of any firm and individual active in this industry, although it seems things are quickly changing in this regard. That can only be considered a good thing, especially when considering that there are other innovative markets out there.
The latest in a long line of online companies to have banned cryptocurrency ads is Microsoft’s search engine, Bing. The news sent almost all cryptocurrency prices into the red. Microsoft’s motive is the same as those given by Facebook and Google – to protect users from ICO scams. Nonetheless, it’s yet another blow to legitimate teams looking to raise awareness for their projects.
It also illustrates yet again the fragility of the crypto market. Bing’s complete ban of anything crypto-related will come into effect at the end of June/early July, as the global computing giant revises its ads policy.
In the world of cryptocurrency, there are often a lot of interesting developments which make virtually no sense. The current Bytecoin price trend only confirms this point even further, as its value has risen by 153.34% in the past 24 hours. As such, it is now a $ 3.22bn market cap currency, even though it seems to be a matter of time until this value plummets once again.
INGOT Group has created a first- of-its-kind blockchain ecosystem named INGOT Coin that promises to link the existing financial markets and the rapidly emerging crypto markets like never before. INGOT Group claims that this specialized ecosystem will make the customers more confident and increase market liquidity, while providing more efficient market pricing and access to funds for a wide variety of stakeholders.
May 03, 2018
Even though yesterday was a pretty eventful day for most cryptocurrencies, it seems the momentum remains pretty brittle. More specifically, we see the Bitcoin price going in the red again, although in far less spectacular fashion. One currency well worth keeping an eye on is EOS, as the EOS price is absolutely surging as of right now.
The EOS Price Trend Remains In Place
It is always interesting to see how particular cryptocurrency markets evolve. This is especially true given the most recent negative pressure we have seen affect all cryptocurrency markets. In the case of the EOS price, it seems things are heading in the right direction, for the time being. Thanks to solid gains over the past few days, EOS is now the fifth-largest cryptocurrency by market cap.
Election history was recently made as Sierra Leone became the first country to use blockchain technology to verify voting results in their presidential election.
Sierra Leone Region Makes History
The application of blockchain technology recorded another milestone recently. While the innovative technology has made tremendous strides in business, it is now putting its stamp upon the political sphere.
The country of Sierra Leone has the distinction of being the first to feature blockchain-verified voting in the country’s presidential election.
In last week’s presidential election in Sierra Leone, blockchain technology was used to verify voting results. However, the new tech was not used throughout the whole country. Rather, it was confined to the country’s most populous region.
Tokenbox, a unique platform for creating and managing cryptocurrency funds, has announced the appointment of Chief Executive Officer. Pavel Salas, former regional director for eToro and a well-known cryptocurrency trader, had previously been an adviser for the project. From now on he will lead the Tokenbox team.
Prior to joining Tokenbox, Pavel Salas had been working in the forex industry since 2009. He served as head of Russia&CIS department at eToro, the biggest social trading network, was VP for Business Development at Alfa Bank and Alfa Forex and for many years worked as top manager, sales, and marketing specialist in Latin America – for example, he headed Latin American office for GKFX, the leading global online forex trading broker. He’s also the author of multiple training and educational programs for forex trading and blockchain consulting.
Ripple executive chairman Chris Larsen has become “the richest person in the world” according to reports assessing his stake in the exploding cryptocurrency.
A Sea Of $ Billions
In a tweet Wednesday, BitFury founder and commentator George Kikvadze noted that Larsen’s 37% stake in Ripple, which has an ‘implied’ maket value around $ 320 billion, makes him richer than Bill Gates and Warren Buffett.
“If centralised Ripple is worth $ 320 (billion) then decentralised Bitcoin is (definitely) going to be worth trillions,” he added, passing Larsen his congratulations.