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.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
