When it comes to Bitcoin and cryptocurrencies, it seems like there is a never-ending stream of news and a new initial coin offering every day. That is why Shaun Newsum launched ICO Watchdog, a financial information service aimed at keeping cryptocurrencies and the companies around them accountable.
ICO Watchdog is a messaging platform with chatbots that helps users and investors understand what is going on in the industry. ICO Watchdog is also keeping an eye on insider trading within crypto companies.
When asked if there will be more regulation in the future, Newsum explains that despite the need for more overhead, it is unlikely we will see that come in 2018.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
