Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts

Monday, October 15, 2018

The American official is confident that the arrival of institutional investors will make the crypto market Mature

The American official is confident that the arrival of institutional investors will make the crypto market Mature

The American official is confident that the arrival of institutional investors will make the crypto market Mature


CFTC approves of digital assets


He noted the growth of the digital asset industry due to the interest of traders and investors.

"We still have a long way to go, as some spot exchanges have a lot of problems, such as lack of transparency, a big conflict of interest and lack of system guarantees. That's a concern. However, they, like many other phenomena, need time to Mature. With the emergence of more institutional investors in the industry, I think we will see this maturation," the official said.

Giancarlo also said that the CFTC is closely monitoring the development of the crypto sphere.


"There are a lot of scams and deceivers in this market, and when we find them, we make them responsible for their actions in accordance with the law. Our powers were recently confirmed by two Federal courts, " the head of the Commission said.

He noted that the authorities would like to see more blockchain innovations. And in the context of industry regulation, the CFTC takes a "do no harm"approach.

"Under our supervision, the first two products of bitcoin futures appeared, and they actually depleted the cryptocurrency bubble formed at the end of 2017. In addition, we see how bitcoin becomes more stable than it was a year ago," Giancarlo explained.

However, he is confident that digital currencies will not replace Fiat in the future.


"I think cryptocurrencies will remain. They have future. But I'm not sure they'll ever be able to compete with a dollar or other hard currency. However, there is a whole part of the world that really wants to have functioning cryptocurrencies," the head of the CFTC added.

Saturday, October 13, 2018

The fall in the us exchanges accelerated in the last minutes of trading. Why?

The fall in the us exchanges accelerated in the last minutes of trading. Why?

The fall in the us exchanges accelerated in the last minutes of trading. Why?


Us stock indices sharply accelerated the decline before the closing of trading. This was due to passive investment funds. They began to sell shares before the closing of the exchange.

Journalists Wall Street Journal (WSJ) drew attention to the anomaly in yesterday's trading on the new York stock exchange (NYSE). On Thursday evening, October 11, the sale of shares accelerated sharply in the last minutes before the closing of the trading session. S & P 500 for these five minutes fell from 2737,38 to 2728, 37.

The culprit was the index funds ETF, writes Wall Street Journal. We are talking about exchange-traded investment funds that copy the dynamics of a particular index. Their task is to minimize the so-called tracking error, that is, the difference between the ETF dynamics and the tracked index dynamics. The error occurs when the money deposited or withdrawn from the ETF is not quickly converted into shares.

To match the index, many ETFs try to perform operations before closing trades-at the very moment when the final value of the index is formed. As a result, since 2012, according to the WSJ, the volume of transactions before the closing of the trading session increased to 26% of the total volume of transactions.

How to manage investments


Operations of index funds to rebalance portfolios at the last moment can distort the actual results of the day, the article says. This is a continuation of the old discussion between the supporters of active and passive ways of investment management.

The active approach involves self-selection of stock for investment, while the passive shifts the responsibility for selection on the index of operators — that is, those who composes the bonds, blue chips and other stocks by industry, thereby influencing the ETF.

Proponents of active management, who have been steadily losing ground due to too high a Commission in recent years, argue that passive strategies are good as long as they are followed by a relatively small proportion of investors. When their share becomes dominant, following the indices begins to bring additional volatility and even distortions to the markets that do not correspond to the true intentions of investors and the market situation. This is what happened at the end of trading on Thursday, October 11.

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Der Kurs von Ethereum und Ripple stieg in 5 Minuten um 10%, der Markt erholt sich?

Die Preise für Ethereum (ETH) und Ripple (XRP) sind in den letzten fünf Minuten um mehr als 10 Prozent gestiegen, trotz des Mangels an Dynamik seitens der größten kryptowährung der Welt — Bitcoin. Das Wachstum des Kurses von XRP und ETH wurde ungefähr zur gleichen Zeit auf Bitfinex initiiert, was andere große digitale devisenbörsen beeinflusst.


Mögliche Wachstumsfaktoren für XRP

Früher heute haben wir berichtet, dass xRapid, ein System, das das XRP-Token für schnelle und sichere grenzüberschreitende Zahlungen verwendet, in Kürze gestartet wird.

Kurzfristige Aufregung um Ripple schwingt auch mit falscher Erwartung auf eine potenzielle Auflistung auf Coinbase Anfang 2018. Keine glaubwürdigen Quellen oder geschätzten Daten auf dem kryptowährungsmarkt haben große Partnerschaften oder Ereignisse für Ripple gemeldet, was darauf hindeutet, dass die XRP-Bewegung ausschließlich vom Markt initiiert wurde.


Verdächtige Volatilität Astraleums


In der Regel ist Ethereum unabhängig von der Entwicklung der Branche, da Die zweitgrößte kryptowährung auf dem Markt ein großes ökosystem dezentraler Anwendungen (dApps) darstellt.

Es ist selten, dass ein bestimmtes Ereignis den Preis der ETH beeinflussen kann. Daher wurde ein starker Anstieg der ETH-Preise eher durch eine Gruppe von Investoren verursacht, die auf eine korrigierende Rallye Bestand, nachdem Ethereum einen starken Rückgang von 220 auf 190 Dollar verzeichnete.

Bank of America named 9 companies that will earn billions on blockchain

Bank of America named 9 companies that will earn billions on blockchain

Bank of America named 9 companies that will earn billions on blockchain


The market associated with the introduction of blockchain technologies is able to grow to $7 billion.the Mass use of innovative technology makes it possible to repeatedly improve its financial position to high-tech giants and major players in the real estate market.

The large-scale introduction of the blockchain will provide an opportunity for large high-tech corporations to earn billions, says an analyst at Bank of America Kash Rangan.

The expert suggested that at some point in the future 2% of the existing corporate servers will run on the blockchain. If we take into account that the operational maintenance of only one such server will be $5,500 thousand per year, the total volume of the blockchain technology market can reach $7 billion.

The potential beneficiaries of the implementation of distributed registry technologies are such companies as Amazon, Microsoft and Oracle, the analyst noted.

"Amazon will benefit from the introduction of blockchain from the demand for cloud services, while improving the efficiency of supply chain tracking will improve Amazon's retail trade," the CNBC expert quotes.

Also, the analyst of Bank of America mentioned the Microsoft Azure platform, which is a catalog of solutions and cloud services ready for rapid automatic deployment. The technology giant can offer users the BaaS blockchain model, i.e. a ready-made business model from the cloud based on innovative digital technology.

Such well-known in the FINTECH industry companies as Oracle, IBM, Salesforce.com and VMware is also able to capture its share of the emerging market. In addition to high-tech giants, great prospects to earn on the development of the blockchain appear among the major players in the real estate market and mortgages. The expert identified three companies in this sector: Redfin, Zillow, and LendingTree.