PARIS, June 18, 2020 /PRNewswire/ — Tozex—the France-based cryptoasset platform for issuing, financing, and trading—has introduced the Believers Reward Offering (BRO). The BRO is the first sustainable alternative to ICOs and STOs to help SMEs overcome tough economic times and open new financing possibilities. Continue reading Tozex Introduces Anti-crisis Business Solution
One of Bitcoin’s biggest bulls is doubling down on his conviction that the future is bright for cryptoassets. Continue reading Mark Yusko Raising Capital for $500 Million Cryptoasset Hedge Fund
The Bitcoin price rode a bullish wave this week, rising as high as $10,300 after trading below $8,000 as recently as Feb. 11. On Friday, though, the Bitcoin price dipped back below $10,000. As of the time of writing, Bitcoin was valued at $9,793 on Bitfinex, which translates into a $166.9 billion market cap and represents a slight increase over its previous-day level.
The decline correlated with the start of Chinese New Year but it is unclear to what extent the events are linked, given that Bitcoin surged in advance of the holiday. Conventional wisdom, though, suggests that the holiday could lead to some downward pressure on the markets, as regional investors exchange their cryptoasset holdings for fiat to finance their holiday spending.