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Bitcoin Dogs exchange listing nears as total raised nears $11M

Bitcoin Dogs has become one of the most successful Initial Coin Offerings (ICOs) of the year. After launching three weeks ago, the developers have now raised over $10 million as they prepare to launch it in key exchanges on Thursday. This article explores why Bitcoin Dogs has become so successful and what to expect ahead. Bitcoin Dogs token sale soars Bitcoin Dogs has become one of the best-performing token sales of the year as the developers succeeded in raising almost $11 million from investors. It has passed other popular token sales of the year like AltSignals and Memeinator. You can buy the $ODOG token  here . There are three main reasons why Bitcoin Dogs has outperformed other token sales this year. First, it is a pioneering platform that seeks to disrupt the blockchain industry by becoming the first ICO on the Bitcoin network. This is a big issue considering that demand for  Bitcoin -related assets has jumped sharply in the past few months. Fo...

US national debt is 33 times higher than total crypto market cap

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During this week, the US National Debt reached its all-time high value, for an accumulated debt of over $33 trillion, which has made economists question the United States’ abilities to honor their financial obligations to Treasury investors. Interestingly, the US national debt is now over 33 times higher than cryptocurrencies’ total market capitalization of $1.04 trillion. Crypto total market cap chart. Source: CoinMarketCap This means that the United States government would need the equivalent of all the money in more than 30 crypto market s in order to repay all the investors that somehow are betting on the country’s financial health, effectively lending money to this government through US Treasury bonds. When converted to values in Bitcoin (BTC), the dominant crypto currency with over 50% of the entire market cap, this debt would be equal to 60 times the total supply of 21 million BTC. Cryptocurrency Each taxpayer would need to pay 10 BTC to get even wit...