Regulations
By Dan Saada
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Crypto Rating Council formed by investment giants will decide whether a particular asset type can be traded in their platforms or not.
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There have been unclear regulatory norms so far, and there was no clear direction to cryptocurrency investors about what they have to look in to.
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The Crypto Rating Council call it a "scalable, points-based rating system." More than a dozen questions will be used in the scaling process.
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With this rating, investors will be able to make an independent business decision whether about TCAT tokens, Ethereum, Litecoin, Stellar Lumens or any token under the sun to…
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The ratings will not be standard. They might change with time. Similar tools will be made available for non-US jurisdictions as well.
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The technical picture for Ethereum improved as the coin progressed towards $175, thereby making a gain of 2% since the beginning of the day.
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There is a lot of XRP in supply, and therefore the 6.50% in gains might not contribute towards sustainability.
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Litecoin is facing a bearish trend, and there is heavy market pressure on the coin. There is no scope of recovery at the time of reporting the news.
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Justin Sun recently tweeted: “More fair, more decentralized, more staking, increased lock-up.
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Binance might scoop up all of TRON’s block rewards, thereby becoming the super-representative of Binance.
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This might not be surprising for those who know that Justin Sun and Binance founder CZ have always been friends and they have been helping each other monetarily.
The Currency Analytics
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