EOS Demand High as IOTUSD Reverse from 50 Cents

Today, odds are we might see higher highs after 10 days of horizontal and price inactivity. Therefore, following 90+ percent drops from 2017 highs, IOTUSD, EOSUSD, LTCUSD and TRXUSD could print higher by end of week. Let’s have a look at these charts: EOS/USD: EOS Price Analysis Even with “unacceptably” low trading volumes and thin order books, blockchain adoption is spreading. We can gauge this high level of adoption by the number of blockchain transactions of the top five crypto platforms. Most unexpectedly, this spike in market activity is printing…

Swiss Bank Helps Clients Participate in ICOs

Here’s something we don’t hear every day: a Swiss bank has opted to enable its clients to participate in initial coin offerings easily. The bank, Swissquote, has previously allowed customers to trade in cryptos. This is, to say the least, an unusual service for a fiat banking institution. Additionally, Swissquote offers traditional FOREX trading and the range of services that traditional banks offer. LakeDiamond ICO The first ICO to be offered as an investment option on the banking platform is LakeDiamond, a lab-grown diamond company which is raising funds to…

European Crypto Mining Firm Bitfury Considers Going Public

Blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO), which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25. People familiar with the matter reportedly told Bloomberg that Bitfury is examining a range of options including raising debt financing or selling a minority stake. Should Bitfury go public in the following two years, its value could reach from $3 billion to $5 billion. However, the numbers could change depending on the markets and the health of the industry,…