KuCoin to Announce Trias IEO

The selection of investors for participation in the campaign will be held in the lottery format, and each user can receive up to 7 tickets
29 April 2019   163

The KuCoin Crypto Exchange presented details of the initial exchange placement (IEO) of the Trias project, which will be held on May 14th.

As expected, the selection of investors for participation in the campaign will be held in the lottery format. Each user can receive up to 7 tickets and allocation of up to $ 500 per account.

Tickets are issued on the basis of several criteria, including trading volume, participation in the KuCoin Bonus program, use of the KuCoin application for making deals and the number of KCS on the account in the preceding days (up to four tickets).

400,000,000 TRY is offered for sale through KuCoin Spotlight. Thus, with the price of a token of $ 0.004, the project intends to raise up to $ 1.6 million.

According to the Trias website, the project is creating a platform for the execution of smart contracts, the development environment and the ecosystem of interaction.

BTC Invesment Profitability to Exceed Traditional Assets

This conclusion was made by Binance Research team in study "What Bear Market?"; since begining of the year the BTC has grown by more than 50%, while oil by 33%
08 May 2019   320

Since the beginning of the year, Bitcoin has grown faster than traditional market assets, including oil, technology companies, real estate and gold. This conclusion was made by Binance Research in the new study "What Bear Market?"

Since the beginning of the year, the price of Bitcoin has grown by more than 50%, while oil - by 33%, tech stocks - by 18%. The price of gold in five months slipped by 1%.

Recently, however, some factors have emerged that may put pressure on the price of Bitcoin. Thus, the recovery of BTC growth slowed down somewhat amid news of a hacker attack on the popular Binance exchange itself, as a result of which 7,000 BTC ($ 40.5 million) were stolen.

Another potentially negative factor for the price of Bitcoin could be the upcoming IEO of the Bitfinex exchange, where Tether stablecoins will be used to purchase LEO tokens for $ 1 billion. It can lead to situation when large players can may actively sell BTC.