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 rose at the opening bell as the market awaits updates on inflation data while earnings kick off this week for the second quarter. The Federal Reserve is also slated to meet later this month as investors anxiously await its decision on rates.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
The company that owned a submersible that imploded on its way to explore the wreck of the Titanic, killing all five onboard, said Thursday it has suspended operations.