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Cryptocurrency End of Day Recap

Jun 14, 2018

The EOS blockchain went live earlier today. Block.one, the company behind the EOS raised more than $4 billion for the ICO.  EOS is up 13.16% to $11.37 today.

The SEC ruled that Ethereum will not be considered a security today. This may lead to other cryptocurrencies losing their securities designation, which will lead to less regulation. The SEC ruled that Bitcoin was not a security a few months ago. Ethereum rose 10.15% to $524.26 today.

The online brokerage TradeStation, is preparing to open a cryptocurrency exchange within the next 6 months. TradeStation’s parent company, Monex Group, purchased Coincheck, a Japanese cryptocurrency exchange earlier this year. While there are no firm plans, TradeStation may use Coincheck’s infrastructure to create the exchange.

The Wall Street Journal listed 5 blockchain companies in its list of 25 technology companies to watch this year. These companies included Blockstream Corp., R3, Digital Asset Holdings LLC., Brave Software Inc., and Abra.

Source: Stockdio

Sources: 

https://www.coindesk.com/the-eos-blockchain-is-now-live/

https://www.theverge.com/2018/6/14/17464692/sec-ethereum-tokens-securities-ether-yahoo-finance-summit

https://www.investopedia.com/news/tradestation-cryptocurrency-exchange-coming-3-6-months/?utm_campaign=rss_headlines&utm_source=rss_www&utm_medium=referral

https://www.newsbtc.com/2018/06/14/wsj-picks-five-blockchain-firms-list-tech-companies-watch-year/