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Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

Bitcoin

Crytocurrency / Bitcoin 14 Views

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June

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