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Sujit Kumar
Feb 23, 2023
by Sujit Kumar

US Congress Set to Examine Crypto What Will This Mean for Bitcoin (BTC), Ethereum (ETH), and TMS Network's (TMSN) ICO?

TMSN ICO

Table of contents

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. TMS Network (TMSN)
    1. Conclusion
The US Congress appears set to launch an investigation into cryptocurrency. This may be a good sign or a bad one, depending upon the nature of the investigation. Whatever the outcome, it seems like that the two “big” tokens, Bitcoin (BTC) and Ethereum (ETH), will come under some scrutiny. Depending on how it goes, the Bitcoin (BTC) price and the Ethereum (ETH) price may be affected. But how about the TMS Network (TMSN)’s forthcoming ICO? 

Bitcoin (BTC)

Bitcoin (BTC) is the oldest and best-known cryptocurrency. That comes with certain benefits but certain drawbacks too. While Bitcoin (BTC) is, by some margin, the most valuable cryptocurrency, it’s also famous enough to come under the spotlight of the authorities. Nobody is suggesting there’s anything wrong with Bitcoin (BTC), but Congress may be concerned about how it’s being used.  They may also investigate the identity of the pseudonymous founder, Satoshi Nakamoto, which is still a mystery. Bitcoin (BTC) is probably safe, but who knows how the price of Bitcoin (BTC) may be affected by the investigation.

Ethereum (ETH)

Ethereum (ETH) has the benefit of being the second most valuable token but there is some trouble brewing. In addition to having the United States Congress sniffing around, Ethereum (ETH) has also been attracting the attention of the US Securities and Exchange Commission (or SEC) which is seeking a legal ruling to the effect that Ethereum (ETH) is not just a cryptocurrency but counts as a security. If the SEC gets its way, Ethereum (ETH) could find itself facing a much higher regulatory burden. Ethereum (ETH) holders are a little nervous right now as the legal process grinds on. 

TMS Network (TMSN)

TMS Network doesn’t compare with either Bitcoin (BTC) or Ethereum (ETH). At least, not yet. But TMS Network (TMSN) is not actually just another token. TMS Network (TMSN) is a new and groundbreaking exchange that is better than any other crypto exchange to date.

The reason is that TMS Network (TMSN) is an exchange where users can trade in crypto and NFTs but also a whole range of assets including fiat currencies, CFDs, and even equities. That makes TMS Network (TMSN) a holistic, comprehensive trading platform. 

The team behind TMS Network (TMSN) has addressed the problem of security by rendering all their processes and systems completely transparent. Additionally, traders on the TMS Network (TMSN) platform get lower fees, faster transaction speeds and a guarantee of fair markets. This levels the playing field by means of an algorithm that detects and eliminates “wash trading.” 

TMS Network (TMSN) users also benefit from things like on-chain analytics which provide them with information about market trends, price movements, and trading volumes. TMS Network (TMSN) also believes in financial education which is why the platform also contains resources such as trading guides, video courses, and webinars.

Conclusion

Both Bitcoin (BTC) and Ethereum (ETH) are big enough to make it into the cross-hairs of the powers that be. But TMS Network (TMSN) is a new and highly disruptive and original offering. Hence, the TMS Network (TMSN) Initial Coin Offering (ICO) will likely go well, regardless of the US Congress.

 

Presale:TMS Network

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US Congress Set to Examine Crypto What Will This Mean for Bitcoin (BTC), Ethereum (ETH), and TMS Network's (TMSN) ICO?
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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