Showing posts with label market. Show all posts
Showing posts with label market. 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.

A new breakthrough in cryptocurrency scalability

A new breakthrough in cryptocurrency scalability

A new breakthrough in cryptocurrency scalability

The research team has introduced a new scalability solution that will allow 17,000 transactions per second on the Ethereum network.

17 000 transactions per second Ethereum promises a breakthrough in cryptocurrency scalability

Researchers Ethereum Harry R., Yeongdong Fu, Philip Castonguay, Alex and the fantastic Barry Waythat recently introduced a sidechained. This is a new scalability solution outside the Ethereum blockchain based on Snark.

The method will allow you to transfer tokens and ether outside the network at a transaction speed of up to 17,000. This speed can sravnits indicator Visa. If developers manage to implement the solution, it will allow blockchain and cryptocurrencies to move to a new level.

In late September, the founder of Ethereum offered to scale Ethereum with the help of ZK-SNARKs technology, which was originally used in the ZCash network.

"We can significantly scale transactions for the transfer of assets in the Ethereum blockchain without second-level solutions (channels, Plasma), using zk — SNARK for mass transaction validation," Vitalik Buterin wrote.

Also yesterday, the network reported that the co-founder of Blockstream mark Friedenbach came up with a method of scaling the first cryptocurrency, which does not require a hard fork. The specialist describes the scaling method, according to which the sharding technology can increase the volume of transactions by 3584 times compared to the current level and improve censorship resistance.

Saturday, October 13, 2018

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years

What fate awaits the current market leaders, if only two of the top 10 cryptocurrencies of 2013 could remain in the list?

Since its birth in 2009, bitcoin has dominated over other cryptocurrencies. Over the years, his example has led to the emergence of numerous altcoins, whose trends, value and value were determined by the dynamics of the oldest and most famous cryptocurrency.

May 26, 2013 on the website CointMarketCap was only 15 cryptocurrencies. Their total capitalization slightly exceeded $ 1.5 billion.

Forbes magazine called 2013 the "year of bitcoin". In that year, the cryptocurrency won the hearts of many investors, hit the headlines and was ahead of the price of gold, reaching a price of $1,242 per coin.

The interest in bitcoin has jumped. Thematic conferences, forums and seminars have started to be held. Some considered cryptocurrency a Scam, others-a promising and attractive project. The truth is that both positions were surprisingly convincing. And-due to the high volatility of the crypto currency in the following years, the attitude towards it was constantly changing.

Here's what the top 10 cryptocurrencies looked like in 2013 — and in what condition they are today.

1. Bitcoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
On January 3, 2009, Satoshi Nakamoto received the first 50 bitcoins (Bitcoin) for generating the Genesis block. In subsequent years, his brainchild has experienced many UPS and downs and is still famous for its extreme volatility, high risk and resistance to interference of the authorities and financial regulators.

In 2013, the total value of bitcoin was $ 1.477 billion, and it still remains the largest cryptocurrency with a capitalization of $ 114 billion.

2. Litecoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peer-to-peer cryptocurrency is open source, allowing instant payments to any country in the world. Litecoin was founded on October 7, 2011 by former Google employee Charlie Lee. Surprisingly, just 24 hours after the start of trading, the value of the cryptocurrency soared twice. In November 2013, its market capitalization has reached $ 1 billion. However, then the second place in the list was taken by another project, Ethereum.

Currently, the capitalization of litecoin (LTC/USD) is 3.4 billion dollars; it is on the seventh position in the list of the largest cryptocurrencies.

3. Namecoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Namecoin is another cryptocurrency based on the Proof-of-Work consensus algorithm. It is distinguished by separate data storage in the blockchain. Namecoin appeared on April 18, 2011 after a preliminary discussion at the Bitcointalk forum, which started in December 2010. In may 2013, the total cost of Namecoin was 5.3 million dollars.

Currently, the cryptocurrency, is situated on 126-e a place in the list with a market capitalization of 36,455 million dollars. Its third place in the ranking is now for Ripple (XRP/USD) with a capitalization of 19 billion.

4. Peercoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Peercoin uses Proof-of-Work and Proof-of-Stake algorithms. In 2013, the cryptocurrency was on the fourth place in the list of the largest. Peercoin was developed as the most secure and secure digital currency. For its storage, a reward of 1% per year was supposed, while Peercoin could also be mined with the help of mining.

Today, the fourth place in the ranking is Bitcoin Cash (Bitcoin.Cash). It appeared in August 2017 as a result of bitcoin fork and was designed to speed up and facilitate transactions. Peercoin moved to the 190th line.

5. Novacoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Novacoin introduced some unique features of the generating units that have separated target limits. The author of the crypto currency is a Balthazar, in 2013 its total cost was 1,198 million dollars. Today, the project is almost dead (at CointMarketCap it ranks 366th), and some signs indicate that it is a fraudulent project.

Today, the fifth place in the ranking of cryptocurrencies is EOS (EOS/USD), launched in June 2018 after an ICO lasting 12 months.

6. Terracoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Unlike bitcoin, the blockchain Terracoin in 2012 provided increased security and speed of transactions. In may 2013, the total value of the cryptocurrency was $ 0.919 million. In July of the same year, it was hacked and the reputation of Terracoin was destroyed. Hackers managed to increase the speed of network hashing and put it under control.

Today, Terracoin is on the CointMarketCap 730th place, and the sixth position in the list of the largest cryptocurrencies from Stellar with a capitalization of 4.6 billion dollars.

7. Devcoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Devcoin was introduced in 2011. This project tried to create a cohesive community of developers, programmers, musicians, writers and filmmakers.

In 2013, its capitalization grew to $ 0.9 million, along with popularity. Then the project began to fade away until finally died. Currently, the seventh place in the list is litecoin, five years ago, the former second.

8. Freicoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Freicoin developers followed in Satoshi Nakamoto's footsteps and created a cryptocurrency based on the Proof-of-Work algorithm. The project was distinguished by the original model of mandatory redistribution of coins on the network.

In 2013, its capitalization was 0.669 million dollars; in 2018, it shows no signs of activity. Its eighth position is now occupied by a stable cryptocurrency Tether with a capitalization of 2.6 billion.

9. Feathercoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
Feathercoin was conceived as an improved version of bitcoin based on litecoin and using a similar decentralized blockchain. Four months after its introduction, the total value of Feathercoin reached $ 0.658 million. Currently, the project does not feel too good, occupying the 370th line with a capitalization of 8,798 million dollars.

Its place in the list is now taken by Cardano, a cryptocurrency seeking to rid the industry of problems with scalability, stability and compatibility of blockchains. Its market capitalization is $ 2.2 billion.

10. CHNCoin

2013 vs. 2018: how the top 10 cryptocurrencies changed in 5 years
As Feathercoin, CHNcoin based on lateline. In may 2013, CHNcoin closed the list of the ten largest cryptocurrencies with a capitalization of 0.367 million dollars. The project is long dead. Today, 10th place goes to Monero (XMR/USD) — another open source cryptocurrency. At the moment, the total cost of Monero is 1.8 billion.

In 2013, the cryptocurrency of the list of the top 10 were of great interest, however, only two managed to stay in it in 2018. Digital currencies suffer from FUD (fear, uncertainty and doubt) and FOMO (fear of missing out on your chance). FUD has a strong negative impact on projects, spreading rapidly through forums and social networks.

The future of cryptocurrencies depends on regulation in different countries. We will have to be patient to find out which cryptocurrencies will be among the winners and achieve mass recognition.

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.

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Pampa auf Yobit endete. Die Börse wählte PutinCoin

Wer will nicht schnell und einfach Geld verdienen? Sie hatten die Gelegenheit, genug an der Pampa an der Börse Yobit teilzunehmen (darüber haben wir auf dem Kanal geschrieben). Und obwohl die offizielle Windel einer zufälligen Münze Wut und Verurteilung in der kryptokomunition verursacht hat, konnte jemand immer noch gut aufsteigen.

Diesmal Börse wählte Münze PutinCoin. Es ist In der coinmarketcap-Rangliste, wo es 1083 Platz mit einer Marktkapitalisierung von 161 tausend Dollar einnimmt. Wir werden bemerken, dass der Präsident der Russischen Föderation nichts mit der kryptowährung zu tun hat.

Pump it!

Die Geschichte stammt aus dem 11. Oktober. An diesem Tag erschien auf dem offiziellen Twitter-Account Yobit Informationen über die bevorstehende Pampa zufallsmünze an der Börse. Viele nahmen die Nachricht als Witz auf, aber die Vertreter des tauschers hatten ziemlich ernste Absichten.

Das» Opfer " der Pampa war die PUT-Münze (PutinCoin). Während 10 Minuten kaufte die Börse eine bestimmte Anzahl von Münzen im Wert von 1 BTC. In dieser Zeit wurde 10 BTC für den Windeln ausgegeben. Das Ergebnis-PutinCoin stieg um 1400 Prozent (von 118 auf 1768 Satoshi). Darüber hinaus sind die Handelsvolumina der kryptowährung in nur 40 Minuten auf 130 BTC gestiegen.

Alles, was scharf nach oben zieht, sollte genauso dramatisch fallen. Es scheint das Grundgesetz der kryptoindustrie zu sein. Nachdem Yobit aufgehört aufzukaufen PutinCoin, Kurs Münzen entlud sich in nur wenigen Minuten.

Abbildung Quelle-Bitcoinist

Wie auch immer, Yobit schaffte Es, die Marke von 28 Millionen US-Dollar an Handelsvolumina zu überwinden. Höchstwahrscheinlich verwendet der Tauscher nicht mehr zum ersten mal solche Taktiken. Früher wurde das Management der Börse wegen versteckter Windeln von Münzen angeklagt. Laut einer unabhängigen Studie ist Yobit der bevorzugte Ort für altcoins-Machenschaften. Vielleicht wird die Börse in Zukunft weiterhin» offiziell " zufällige kryptowährungen kaufen.

The collapse of the stock market as the beginning of a new financial crisis. What's next?

Investors and politicians from different countries are excited about the crisis.

The collapse of the stock market as the beginning of a new financial crisis. What's next?

Such a combination of the most unfavorable factors has long been gone, and it is unlikely that the world economy will withstand the burden of accumulated problems.
While some people speak with fear about the approach of the crisis, others — more far-sighted-silently prepare for it.

Each of us can get hit by a new financial Apocalypse, lose their jobs and savings, be at the bottom of the financial pit:

How to behave at the peak of the crisis? What exactly should be done, how to minimize losses?

You and I, in a sense, are lucky-we don't need to reinvent the wheel.
We can use the experience of going through financial crises, which for several decades have tested the strength of the world economy.
To do this, it is enough to strictly observe several important rules for handling your finances and emotions.

Here they are:

1) Don't rush.

The main thing when you are faced with a crisis is to control yourself and not to panic:

It is unlikely that you will be able, being in the midst of the crisis, to predict — what investments will be the most disastrous and what the most sustainable.
You are likely to make a mistake and not one. But the loss and the loss of money should not frighten you — because "the tide reveals all the boats."
It's hard to keep your composure when everything that you have created for many years is collapsing before your eyes. But if you" built for centuries", then your investments are guaranteed to withstand the impact of the financial element.

2) Do not believe the forecasts.

In the midst of the crisis, the Internet and the media are overflowing with forecasts and assumptions of analysts and experts.

However, it is IMPOSSIBLE to understand what will actually happen next!

So don't waste your time reading these predictions.
Blindly trusting them, you risk losing a lot more money than because of the crisis itself.

3) Divide the investment.

"Don't put all your eggs in one basket!"

Make sure you have invested in different financial instruments and assets.
This will significantly reduce your risks, untie your hands and allow you to earn money while everyone around them lose.

4) Buy cheaper assets.

In a crisis, people will be forced to sell a lot of their property:

If you see a good growth potential of these assets after the end of the acute phase of the crisis — then feel free to buy them.
To do this, you must have a stock of cash ("cash" — is the most valuable asset in the crisis).
A little tip: if you lack your own savings, try to unite with other people.

5) Don't fuss.

Shifting money from one asset to another (for example, from the ruble to the dollar and back), you are likely to find yourself "in the red" because of the payment of fees for the transaction.

And finally, a few more tips on financially literate behavior:

Start small-invest small amounts each month (part of your salary).

Do not invest the last money!

Beware of the promise of high interest (free cheese only in a mousetrap-an incredible profit is given only by crooks and financial pyramids).

1. The crisis is not terrible to someone who knows exactly how to behave in difficult times.

2. A reasonable investment will make you a wealthy person. Financially illiterate behavior dooms you to endless problems and hassle.

Cloud over wall street. Is it worth buying us stocks now

Cloud over wall street. Is it worth buying us stocks now

Cloud over wall street. Is it worth buying us stocks now

The s&P 500 index is now close to historical highs, and in the foreseeable future we can expect volatility and a new wave of correction in the us stock market. What should a private investor do in such conditions?

The us stock market is considered to be a place where dreams come true, including among Russian investors. More than 5,000 shares from 11 sectors of the economy and ADR of foreign companies, as well as about 1800 exchange-traded funds (ETFs) are traded on us exchanges. The s&P 500 broad market index covers about 500 of the largest issuers by capitalization, most of which are transnational corporations.

Many of them have become a part of everyday life of many people, it is enough to mention only Apple smartphones, Facebook feed, a Cup of coffee from Starbucks. If you follow the precepts of Warren Buffett, the company with a clear business is the best option for a"reasonable investor."

But in the current conditions, it is hardly worth rushing with active purchases of American shares. The s&P 500 index is now close to historical highs, and in the foreseeable future, it is possible to predict a high probability of volatility growth and a new wave of correction in the us stock market.

Caution above all

The main factor playing against active investments in us stocks is the fed's monetary tightening cycle, which has made it a rule to increase the key rate by 25 basis points once a quarter. Add to this the increased risks of trade wars and the currency crisis in emerging markets, which was the first sign of imbalances in the financial system.

At the same time, the yield of U.S. Treasury bonds (Treasuries) is growing, that is, in fact, market interest rates in the United States. The yield of two-year securities for several months exceeds the dividend yield of S & P 500, which makes us stocks less attractive compared to government bonds.

Intermediate elections in the United States, which will be held on November 6, will also contribute to the acceleration of volatility. There is a significant risk that the Congress will become fully controlled by the Democrats, which will increase the political split in the country. This could rock global markets.

As a medium-term target for the s&p 500 index, I would indicate the level of 2650-2550 points at the current value of more than 2900 points. At the same time, it is too early to talk about the upcoming trend change and signs of a recession in the US. The American economy is developing steadily, and the Federal reserve is quite cautious about the process of raising rates. According to the estimates of the research organization FactSet, at the end of 2018, you can expect an increase in consolidated earnings per share of S & p 500 by 20.6% year — on-year, and in 2019-by 10.3%.

Ideas for tomorrow

To reduce the risks associated with the growth of fed rates, it is necessary to adhere to simple rules:

- avoid stocks of enterprises with high debt load and weak operating performance and securities with inflated multipliers;

snoring to treat traditional dividend sectors;

- look for interesting long-term stories and papers-the beneficiaries of the growth rates.

Securities that can be bought in the expectation of long-term growth are less dependent on fluctuations in economic cycles and are focused on breakthrough ideas. Some shares have already fallen well in price — most of the external negative factors played their quotes, and the potential for further decline is limited.

Such actions may include, for example, paper Facebook. The company is the undisputed leader in the market of new media, is financially stable and constantly innovates. Her Instagram service is popular among young people, the number of Its users has reached 1 billion Ahead — the monetization of WhatsApp messenger.

No less interesting option is the manufacturer of semiconductors Micron Technology. Recently, investors have been concerned about the possible oversaturation of the microchip market and the risk of a full-fledged trade war with China, which will hit the export of Micron products. But in fact, we have a company with strong balance sheet indicators, serious prospects for income growth and low multipliers. In the spring, the Corporation announced a stock repurchase program by $10 billion Also worth noting is the shift of demand in the market of chips and semiconductors in the direction of more expensive solutions in cloud, mobile and autosegment.

Another attractive paper traded in the US market is the stock of Alibaba Group, the leader in e-Commerce in China. China's population exceeds 1.4 billion people, with 57% of citizens using the Internet. For comparison-in the US we are talking about 83% of the population. This opens up broad prospects for e-Commerce in China. In addition, Alibaba is expanding beyond the country, including India, whose population is about 1.3 billion people.

In the us market, you can find "protective" shares, which are less subject to fluctuations in turbulent conditions. First of all, these are papers of traditional pharmaceutical companies and manufacturers of essential goods.

It is worth paying attention to the shares of American banks. The balance sheets of many financial institutions are designed so that with the growth of interest rates increases the interest margin, and hence the interest income. Citigroup shares look interesting in terms of a set of factors, including market multipliers. JPMorgan & Chase securities seem to be a good investment, although now these shares are clearly overheated.

Despite the growth of the fed's rates, it is not necessary to completely discard dividend stories, because it is a good alternative to Bank deposits. You can look at the shares of Telecom giant AT&T, retailer Macy's and the leader of the American automotive industry General Motors. Their dividend yield is very solid 4-6%. However, before you buy these shares, you need to wait for their drawdown. At the same time, their dividend yield will grow.

Among the exchange-traded funds (ETF) it is worth paying attention to Vanguard Total World Stock, the portfolio of which includes 8109 securities of companies from developed and developing countries. In the sectoral context, the Fund of biotechnology companies iShares Nasdaq Biotechnology is quite popular — this industry can survive the second Renaissance against the background of population aging in developed countries. To earn dividends allow paper funds SPDR S&P Dividend Vanguard High Dividend Yield. There are also quite "local" ideas, for example, investments in the sphere of artificial intelligence, but these market sectors require careful study based on the analysis of fundamental factors.

American stock market-started or "wolves, wolves"?

American stock market-started or "wolves, wolves"?

American stock market-started or "wolves, wolves"?

It is, of course, about the American stock market. "The market pumped up with steroids" is a definition in relation to the S&P500 I have heard especially often in 2012-2014. Since then, the index has grown more than a half times, and the voices of skeptics gradually dissolved in the news noise. When at the beginning of the year the index simultaneously fell 10%, these voices, like, again became audible, however, uncertain. This was followed by a promotion, and skeptics were out of work.

What is the difference between the fall of October? It is the attitude of market participants. When us stocks were adjusted at the beginning and middle of this decade, most participants saw signs of a new fall, similar to 2007-2008. But the fall did not happen. The last 2-3 years the correction was perceived already with no apparent panic, but nervously. And the fall of this week, and it is -7% (!), perceived already quietly, they say, turn down early. That and understandable, too often caution been bailed out deceived. Like in the parable about the boy who screamed, " wolves, wolves." The sheep weren't saved then.

I will not go into details about the set of reasons for this fall: the market is critically expensive, the growth cycle has been delayed for 10 years, and the market itself has grown very well, money rates are rising. The main thing – the growth cycle itself, for these reasons and because of the emotional situation of the market (few people expect a deep correction or reversal of the market down) has exhausted its potential.

This means that the potential of exchange energy has moved to the already ongoing and future sales. And then the current -7% is the beginning. Stock market-a complex system, not balanced, and therefore dramatically changing the paradigm of its behavior. The paradigm of the last 2-3 years is relatively slow growth. The most likely way out of it, as we can assume – a fairly rapid decline in prices. On him and do rate. Not local. With the groundwork months or even years to come. 1 500 – 2 000 p. for S & P500 – more sensible assessment, than current 2 728.