Crypto Daily: ICOs Raised $118 Million in Q1 2019; Bitcoin Pushes Past $4,100; ‘Big Four’ Consulting Firms Dominate Blockchain Jobs Market.

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About $118 million has been raised via initial coin offerings (ICOs) in Q1 of 2019, over 58 times less than $6.9 billion, the amount raised during the same period in 2018, the Wall Street Journal (WSJ) reports on March 31.

ICOs raised ➤ $118,000,000 in Q1 2019
ICOs raised ➤ $6,900,000,000 in Q2 2018

The report cites data provided by ICO analytics website TokenData. The WSJ argues that investors have been scared off by regulators’ actions against non-compliant ICOs, as well as by the general bear market over the past year.

One of the latest cases happened in February, when the United States Securities and Exchange Commission (SEC) charged crypto firm Gladius Network with selling unregistered securities after the company self-reported to the commission.

The recent report also reveals that of the 2,500 projects that TokenData tracked since 2017, purportedly only 45 % successfully raised money.

Furthermore, WSJ also cites TokenData as saying that only 15% of tokens issued in successful ICOs are trading at or above their original price.

The article cited attorney and consultant Joshua Ashley Klayman as stating that ICOs themselves may disappear, but the market for digital securities won’t. Recently, so-called security token offerings (STOs) have received increased attention from both the private sector and government regulators globally.

Bitcoin Pushes Past $4,100 as Top Cryptos See Mixed Movements

The top 20 cryptocurrencies are reporting mixed, mostly mild, price movements on the day by press time, as Bitcoin (BTC) reaches just over $4,150.

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Bitcoin has seen nearly no price movement on the day, up just a fraction of a percent trading at around $4,105, according to CoinMarketCap. Looking at its weekly chart, the current price is over 2% lower than the value of BTC one week ago.

‘Big Four’ Consulting Firms Dominate Blockchain Jobs Market

【coindesk】“Big Four” professional consulting firms Deloitte, KPMG and EY are all in the top five when it comes to posting blockchain job ads, according to new data from Indeed.com.

The employment site released its latest figures for job postings relating to blockchain, cryptocurrency and bitcoin in the U.S. on Thursday, with the data covering the period from February 2018 to February 2019.

Topping the table was Deloitte, with IBM and KPMG in second and third place, respectively. EY and Accenture (another major consulting firm) came fourth and fifth, also respectively.

Deloitte’s top placing is perhaps not surprising, as the firm has been very active in the blockchain space, participating in trials, developing products and offering services around the tech.

The consulting giant has previously said: “We envision that [Deloitte’s] ever-evolving and nimble team will build upon our past success in helping our clients, which includes 92% of the financial service companies listed on the Fortune 500 list, to hone their blockchain-backed offerings,” he said.

Indeed.com’s data also shows that of all the financial firms, JPMorgan has placed the most ads for blockchain staff over the last year.

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