Bitcoin Reaches 1-Month High As Crypto Markets Rally

Bitcoin Reaches 1-Month High As Crypto Markets Rally Bitcoin prices have been rising lately, hitting their highest in roughly one month earlier today. The cryptocurrency reached this level as the broader digital currency markets enjoyed gains. The price of Bitcoin rose to $7,389.26 at 12:00 UTC (8:00 a.m. EST), according to the CoinDesk Bitcoin Price Index (BPI). At this point, the digital currency had risen 2.2% in the space of 24 hours and attained its highest price since roughly the same time on August 4, additional BPI figures show. [Ed.…

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ICOs Raised $8.3 Billion Last Quarter, but Most of them Were Abject Failures

ICOs Raised $8.3 Billion Last Quarter, but Most of them Were Abject Failures ICOs Raised a Record $8.3 Billion in Q2, But Most Missed Their Targets The independent ICO analysis portal found that 55% of the ICOs failed in Q2 2018. That is 5% more than the number of failed ICO projects recorded in Q1 2018. Nevertheless, money continued to flow in the ICO projects as a whole, raising from $3.3 billion in the first quarter of 2018 to $8.3 billion in the second — amounting to a 60% surge…

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