Not exact matches
PetroDollars, launched by New York - based Signal Capital Management, allows
individuals and organizations to use a peer - to - peer exchanged digital currency that's backed by the
value of crude oil and natural gas, announced Monday it will hold an initial
coin offering
of up to $ 700 million...
A fair warning, though: With the
value of Bitcoin soaring, initial
coin offerings are breeding like rabbits, yet the real - world
value of these altcoins remains suspect, as does the motives
of some
of the
individuals announcing these ICOs.
However, surprisingly, focusing on
individual coin prices is not the best way to assess the
value of a digital currency in the crypto market.
Coinbase product manager Reuben Bramanathan told Business Insider in a phone interview that the product reflects the growing demand on the part
of institutional investors and high - net - worth
individuals looking to dive into the market for digital
coins, which stands at about $ 500 billion in
value.
Additionally, Tyler and Cameron, the
individuals are best known for blaming Mark Zuckerberg, bought $ 11 million
value of coins.
With the introduction
of multifarious new digital currencies to the world
of cryptocurrency, the competition among these
coins to achieve a commendable position on the Coinmarketcap along with a significant
individual coin value and market capitalization has increased considerably.
The
value of an
individual ADA
coin is equivalent to $ 0.319401.