Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Feb 14, 2021
Government Crackdown: Is the Future of ICOs in Peril?

Government Crackdown: Is the Future of ICOs in Peril?

The Securities and Exchange Commission (SEC) sent subpoenas last week to as many as 80 companies and people involved in the rise of initial coin offerings, or ICOs. The move is viewed as the most-concrete evidence yet of the government’s desire to better regulate cryptocurrency as it moves into the mainstream. Does their action signal an impending crackdown?
 

Why the Government Concern over ICOs?

ICOs have recently rocketed to prominence as mainstream acceptance of cryptocurrency and crowdfunding—coupled with tangible examples of their benefits—has grown. Coindesk, the trusted crypto news and information service, estimated that businesses raised over $5 billion via ICO in 2017. Companies gravitate towards ICOs because they provide a way to raise capital while maintaining control over operations and decision-making – no VC money means no pressure to follow outside direction.

Federal officials, however, are concerned that virtual currencies enable companies to skirt scrutiny by bypassing banks and regulatory bodies. They have recently championed stronger regulations on cryptocurrency, with efforts ramping up since 2017. Among the concerns are that in the current lax regulatory climate, ICOs may be used to raise money for non-existent companies; investors, unaware or otherwise, may not be doing their homework. SEC Chairman Jay Clayton has reaffirmed his desire for cryptocurrencies to be registered and regulated as securities on multiple occasions, signaling a potential path forward.

 


 

What does it mean for the future?

Sources for the Wall Street Journal, who broke the story, indicate the SEC is seeking information from companies who launched ICOs, as well as the people and firms who helped facilitate them. Their search includes subpoenas from SEC offices nationwide, a signal that the investigation appears to be part of a broader regulatory push. The same sources disclosed that the subpoenas have requested marketing information, identities of investors, and more—another sign the commission is casting a wide net.

The SEC has already litigated several companies offering ICOs for fraudulent practices, some as recent as January; while the scope of the recent subpoenas has caused a stir, it does not signal a death knell for the practice. Rather, it appears to be the latest, most serious step in Clayton’s mission to protect investors. In a recent speech, Clayton spelled out his goals to the Securities Regulation Institute: “Market professionals, especially gatekeepers, need to act responsibly and hold themselves to high standards…to be blunt, from what I have seen recently, particularly in the initial coin offering space, they can do better.” Soon, that will be their only option.

To learn more about initial coin offerings—what they are and how they work—explore articles in Tickeron’s Academy, on tickeron.com.

Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.
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