What is ICO Bitcoin (on the third day of ICO regulation, Bitcoin surged 9% and returned to a high of 28000 yuan)

What is ICO Bitcoin

What is ICO Bitcoin ICO is an open source, non-profit financing tool initiated by one or more stakeholders. In most financial markets, ICO is a crowdfunding related approach typically used to raise funds from investors and engage in fundraising activities; But Bitcoin does not possess these characteristics: it issues stocks in an unlicensed manner and accepts donations from investors According to the introduction on the ICO website, ICO allows users to create a new digital currency for themselves in any way they deem appropriate, rather than just earning profits without third-party participation. However, for many startups, it is difficult to establish their own ICO products or token sales plans due to the lack of clear regulatory requirements and the inability to comply with rules and procedures

On the third day of ico supervision, Bitcoin rose by 9% and returned to the high of 28000 yuan

According to the Big data of OKEx transaction, as of 10:05 today, Beijing time, the price of Bitcoin was 27800 dollars Yesterday afternoon, after US regulatory authorities conducted an investigation into the digital currency exchange eToro, Bitcoin rose significantly by 9% and returned to a high of 28000 yuan; Subsequently, the price of Bitcoin continued to decline and rebound around $26300 Affected by this positive news, Bitcoin briefly exceeded $29000, with a daily increase of 9%. Mainstream currencies generally rose, with BCH, ETC, and others showing significant gains, while XRP slightly increased in volume.

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