Bitcoin
Nousplatform to Offer Huge Returns on Asset Trading
Cryptocurrencies and the accompanying ICOs raising capital to fund the various blockchain start-ups have created an exciting class of markets. However, the rules of engagement in these markets are always changing, creating a dire need for trust, transparency and adequate but straightforward technology that meets the requirements of both sides of the investment divide.
The current situation in these markets is such that the caps are low and sale or purchase of tokens simple with no bureaucracy, or little if any. Such developments create a massive demand for management tools for the cryptocurrency portfolios that investors may hold from time to time.
Besides, the stock markets are warming up to crypto-indexing. Soon, gold, precious metals, and other securities will bear token indexing. Such a scenario means that investors will then be able to purchase or sell traditional assets using crypto tokens. Before such convenience is readily available, the markets must first deal with the various impediments to easy trade. And, that is where the Nousplatform comes in.
The Nousplatform
The Nousplatform is a trading tool on blockchain that is developed to eliminate some of the critical barriers to convenient asset trade. The said obstacles include limited access to the asset markets by small investors, heightened bureaucracy especially when depositing or withdrawing funds, multiple intermediaries that cost an arm and a leg, and high commissions and fees levied by most industry players. Also, language barrier, possibilities of loss from scam and incomplete statistical data to inform trades are other handicaps.
The average trader wants an investment ground that is safe, exciting and inspires profitability on investments. Fund managers, on the other hand, only thrive where investors are bubbly and upbeat about the possibilities that the market provide. The Nousplatform, as such, makes it easy for both fund managers and investors to acquire assets and trade in them in an environment that offers tools that assure the traders of profitability.
Types of Supported Funds
The Nousplatform will ensure diverse investment opportunities by supporting the following kinds of funds:
- Open-ended investment funds
- Closed-ended investment funds
- Charitable funds
- Venture capital funds
- Family trust funds
These five classes are a starting point. The platform harbors a dream of diversifying the portfolio even further to offer even more options for both investors and fund managers.
Why Nousplatform is an excellent idea for investors
The Nousplatform ICO pre-sale will close at the end of January 2018. This exercise floated some 10,000,000 NOUS-Tokens (NST) for the public. Later during the formal ICO, another 700,000,000 tokens shall be up for grabs. It is a great idea to invest in these tokens since there is a cap on issuance. Besides, the utility of the platform is sure because the investment opportunities presented by the Nousplatform are novel and bound to attract significant interest once the platform is up and running.
What Now!
The blockchain technology has opened doors and ushered in several opportunities while also offering solutions to many day-to-day issues. Importantly, it is disrupting the financial segment of the world economy and seizing the opportunities provided remains one of the best decisions 2018 going forward.
As always, it’s worth checking out the whitepaper before committing and it’s available here.
There’s also a light paper here for anyone looking for a quick introduction to Nousplatform.
You can take part in the ICO here.
Disclaimer: This sponsored post should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of Pictures of Money via Flickr
Bitcoin price dumped hard on Monday, briefly slipping below $41,000, erasing gains recorded in the previous week. The premier cryptocurrency seems to have exhausted its recent rally propelled by industry vulnerabilities. At the time of writing, the world’s largest cryptocurrency was trading slightly lower at $41,385. Bitcoin’s total market cap has dipped by 2% over the past day, while the total volume of BTC tokens traded over the same period climbed by 58%.
Fundamentals
Bitcoin price has been facing retracements and a rollercoaster over the past few days after recently rocketing to a 20-month peak. On-chain data has suggested that many investors used the opportunity to take some profits, leading to a decline in the asset’s price.
Bitcoin’s price slump is mirrored in the wider crypto market, with the global crypto market cap decreasing by 1.85% over the past 24 hours to $1.55 trillion. The total crypto market volume has increased by 32% over the same period. The Crypto Fear and Greed Index has plunged from a level of extreme greed to a greed level of 70, suggesting a decline in risk appetite.
Ethereum, the largest altcoin by market capitalization, is currently trading at $2,167, down almost 3% for the day. Meme coins have been hit hard by the market slump, with Dogecoin and Shiba Inu down by more than 4% over the last day.
Last week on Thursday, cryptocurrency experts took notice of…
Bitcoin price edged lower on Thursday despite optimism in wider markets on the back of the Fed’s interest rate decision. The flagship cryptocurrency has been consolidating above the critical level of $42,000 after briefly topping $44,000, its highest level in 20 months. Bitcoin was trading 0.71% lower at $42,569 at press time. BTC’s total market cap has increased by more than 3% over the last day to $832 billion, while the total volume of the asset traded over the same period jumped by 22%.
Economic Outlook
Bitcoin price has been trading sideways over the past few days, suggesting a pause in its recent rally towards $45,000. The premier cryptocurrency has decreased by 4% in the past week but remains 15.22% higher in the month to date. The digital asset has staged a significant recovery this year after a torrid 2022 in which a string of scandals, including the collapse of FTX, led to a market meltdown, undermining the credibility of the sector.
The crypto market has been buoyed by the Fed’s latest interest rate decision. The US Federal Reserve on Wednesday held its key interest rate unchanged for the third consecutive time, in line with market expectations. With the easing of the inflation rate, members of the Federal Open Market Committee (FOMC) voted to keep the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%.
Additionally, the central bank indicated that three rate…
Bitcoin price has been hovering above the $43,000 psychological level over the past two days amid anticipation about the potential approval of a spot bitcoin ETF. The flagship cryptocurrency has climbed more than 16% in the past week and nearly 170% in the year to date. Bitcoin’s total market cap has increased by nearly 5% over the past 24 hours to $858.9 billion, while the total volume of the token traded rose by 43%. The Bitcoin price was trading at $43,914 at press time.
Fundamentals
Bitcoin price has posted significant gains over the past few days, climbing to its highest level since April 2022, before the crash of a stablecoin that started a litany of company failures, pummeling crypto prices. The world’s largest cryptocurrency briefly topped the crucial level of $44,000 on Wednesday amid rising momentum despite being massively overbought.
According to analysts, with no spot bitcoin ETF approvals yet and the halving event five to six months away, the market is riding on FOMO. Capital has been flowing in the Bitcoin market amid enthusiasm that the launches of spot ETF will bring in billions of dollars of new investment into the crypto sector.
Investors have already started providing capital as seed money for ETF products. Notably, a recent report by CoinDesk showed that the world’s largest fund manager, BlackRock, received $100,000 in capital from a seed investor for its spot bitcoin exchange-traded fund…
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