Kaugnay na produkto： Forex

Pagsusuri ng merkado： Bitcoin's price is not the only number going up. As Bitcoin (BTC) set another new all-time high earlier this month at over $61K, its price has gotten many people talking. With large players entering the market every other day from Visa and Mastercard to Tesla, BNY Mellon, Morgan Stanley, and Meitu, institutional adoption has been firmly confirmed. Add to that unprecedented monetary dilution to fund fiscal stimuli that's eroding the value of fiat currencies and we have the perfect storm for BTC price to take off in earnest. But that's not the only number going up. Bitcoin hash rate registered its highest ever As BTC price (at the time of writing) looks to be recoiling to surpass the $60K barrier once more after the Federal Reserve announced it would likely keep its monetary policy loose with interest rates close to zero until at least 2023, BTC hash rate is also hovering near its all-time high of over 160 million TH/s, according to Blockchain.com.

Kaugnay na produkto： Forex

Pagsusuri ng merkado： Grayscale commits to converting GBTC into Bitcoin ETF as fund dominance declines. Grayscale announced its commitment to convert its Bitcoin trust to a Bitcoin exchange-traded fund when the US regulatory environment allows. With the conversion of GBTC into an ETF, fees will be lowered, allowing institutions to get exposure to the leading cryptocurrency. Since three Bitcoin ETFs were approved in Canada, Grayscale’s fund dominance has been in decline. Grayscale recently announced that it would convert its Bitcoin trust to an exchange-traded fund when the regulatory environment in the United States starts to warm up to Bitcoin exchange-traded funds (ETFs). GBTC conversion could make it the most liquid commodity ETF The US has not approved of any Bitcoin ETFs so far. Having submitted an application for a Bitcoin ETF in 2016, investment giant Grayscale revealed that launching this product was its goal from the start. The US has not approved of any Bitcoin ETFs so far. Having submitted an application for a Bitcoin ETF in 2016, investment giant Grayscale revealed that launching this product was its goal from the start. After the application, Grayscale was also in discussions with the US Securities & Exchange Commission for most of 2017. The investment company eventually withdrew its application because it believed “the regulatory environment for digital assets had not advanced to the point where such a product could successfully be brought to market.” Grayscale explained that each of its trusts has a particular life cycle, and the final stage was for the conversion into an ETF. The first part of its life cycle kicked off with the launch of a private placement, where sales of stock shares or bonds are only available to pre-selected investors and institutions. The second phase then involves the trusts obtaining a public quotation on secondary markets, allowing exchanges to provide information on their shares. The third stage is to become regulated by the SEC. Currently, Grayscale Bitcoin Trust and Grayscale Ethereum Trust have reached this stage. ETFs allow institutional investors to get exposure to the asset’s volatility without holding the underlying asset. The firm stated: With the conversion of GBTC to a Bitcoin ETF, shareholders will no longer have to endure a six-month lockup or a 2% annual management fee. This could bring the trust more in line with the net asset value (NAV) of Bitcoin, according to James Seyffart, an ETF research analyst at Bloomberg Intelligence.

Kaugnay na produkto： Forex

Pagsusuri ng merkado： Theta Price Prediction: THETA beginning a deep correction CRYPTOS | 4/2/2021 12:27:39 AM GMT Share on Twitter Share on Facebook Share on Linkedin Theta price last reached five standard deviations above the mean last week. Historical precedent projects a decline of at least 45%. 10-week simple moving average (SMA) has stabilized price declines in the past. Theta price engineered a remarkable advance of 44,160% from the March 2020 low to the March high. What makes it even more impressive is that the price has found constant support at or around the 10-week SMA since April 2020. Additionally, THETA traded five standard deviations (StdDEV) above the mean (40-week SMA) in March, putting traders on alert that a correction was near. Theta price climbed 290% in March Measuring the distance from the price to a moving average is a valuable tool to identify periods of extreme deviation that the naked eye can’t always pick up. In the case of THETA, the digital token has exceeded five standard deviations from the 40-week SMA just four weeks since the March 2020 low, including last week. In May 2020, THETA reached more than five standard deviations above the mean for two straight weeks. The other time this occurred was in December 2020. In May, the altcoin crashed 65% but did find support at the 10-week SMA. Later in December, THETA dropped almost 45% but bottomed above the 10-week SMA. Based on the previous percentages and averaging out the two to equal 55%, THETA could fall to $7.06, basically a decline of 40% from price at the time of writing. A test of the 10-week SMA would be an almost 50% decline from the current price and 60% from the March high.

Kaugnay na produkto： Forex

Pagsusuri ng merkado： Bitcoin (BTC), Ethereum (ETH) Forecast: Visa Adoption to Buoy Cryptos. Visa’s introduction of a stable coin back by USD to settle transactions may buoy cryptocurrencies prices in the near term. Bitcoin eyeing a push to challenge the yearly high after breaching key resistance. Ethereum gearing up to extend recent gains as prices coil up in a Symmetrical Triangle pattern. As mentioned in previous reports, the gradual adoption of Bitcoin, and cryptocurrencies in general, by several well-known financial institutions and companies has painted a rather bullish longer-term outlook for the digital asset space. Tesla invested $1.5 billion in Bitcoin and has begun accepting the popular cryptocurrency as a form of payment, while Bank of New York Mellon stated that it would treat the anti-fiat asset the same as any other financial asset. Mastercard also committed to integrate BTC into its payment networks. Visa is the latest multinational to embrace blockchain technology, with the company announcing its payments network will utilize a stable coin backed by US Dollars to settle transactions over Ethereum. This move may fuel the fire needed for both Bitcoin and Ethereum to climb to fresh record highs in the coming weeks. Here are the key technical levels to watch for both cryptocurrencies.

Kaugnay na produkto： Forex

Pagsusuri ng merkado： How to Research Stocks: A Step by Step Guide Researching stocks involves incorporating multiple sources of information, deduction and strategies, all whilst markets are constantly transforming. Stock traders and investors need to know what information is useful to them as well as the most efficient and accurate way to go about stock research. This article will explore key aspects of researching stocks: How to get started -A step by step guide to stock research -Stock research toolbox -How to do research on stocks: Key takeaways Just getting started in the stock market? Read our guide to stock trading basics. HOW TO GET STARTED WITH YOUR STOCK RESEARCH Prudent investors do not often make investments without prior research or substantiation as to why the stock is attractive for purchase. Stock research in a general sense begins with an understanding of three key details about a company: Present financial health Current management Future vision and roadmap Crucially, one thing many investors fail to do is align a company’s values with their own, which is important for finding the best investment that meets their specific goals. Therefore, being mindful of your investment strategy, and why you are looking to invest in stocks can help to guide your decision-making processes. A STEP BY STEP GUIDE TO RESEARCHING STOCKS As well as understanding the current and future position of a company, effective stock research needs to consider the following factors to help investors reach a decision in the effort of meeting their goals and desired strategy: Time horizon for investment Risk levels Type of stock industry/sector Understanding the company product/service Financial reporting Competitor and industry analysis Following industry experts Using research platforms and terminals Stock order types Broker fees 1. Investment time horizon Time horizon is important as it allows investors to identify which types of stocks may align with their goals. For example, many young investors with long time horizons are willing to take on more risk when it comes to an investment portfolio. These types of individuals will often prefer more aggressive portfolios which may include growth stocks that carry more expensive valuations. Because of the longer time horizon, these investors can usually tolerate larger swings in the market. The opposite would be true for shorter time horizons (under five years) as these investors have less tolerance for large drawdowns in the portfolio, as larger adverse market movements can create a long-lasting effect for someone nearing retirement that may need to soon begin drawing income from the portfolio. 2. Risk levels Risk ties in with time horizon as investors use these two components together to help identify which types of stocks to invest in. Higher risk-seeking individuals will often prefer growth stocks such an Amazon or Tesla; whilst risk-averse investors usually head towards value stocks which often carry lower P/E ratios. These value stocks might be considered as undervalued and potentially attractive for long-term investing. Regardless of investment style, it’s important to practice good risk management so that the investor can aim to benefit from upside movement while attempting to minimize downside risk. 3. Type of stock industry/sector Many investors are familiar with a certain stock sector which can potentially make researching stocks in that sector easier. Understanding an industry allows for more in-depth research in terms of variable inputs and nuances that cannot often be retrieved from financial statements. The stock market is often divided into eleven sectors, uncover stock sectors for a more structured method to stock research 4. Understand the company product/service Familiarising oneself with the company’s product/service will assist in the later step of competitor analysis. Knowing what makes the company’s product/service unique, which includes the cost factor, is crucial for future forecasts. Many companies have a diverse product/service offering which then makes this step more central to stock research. For example, with multiple products/services, investors need to understand how each offering affects the company with regards to cost, revenue and the future potential of each. 5. Financial reporting Publicly traded companies publish financial reports which give a quantitative overview of the company. These include Earnings Announcements, which provide vast amounts of information about a company’s financial health and performance. From the company’s publicly filed reports, investors can identify potential red flags/risks within the company, management capability, debt management and income sources. Explore the foundations of earnings season and how it fits into stock research Current financials are not the only important documents to review. Past data can offer investors deeper knowledge and appreciation of where a company comes from as well as how it reacted under previous market conditions. This being said, fundamental analysis involves complex techniques and a thorough understanding of financial statements, mathematical formulas and a solid overall grasp of financial markets. Uncover some basic tools to help you value a stock! 6. Competitor and industry analysis There are regular instances whereby companies have direct competitors with the same/similar business models. Therefore, it is a good idea for investors to compare and analyse stocks between these competitors to find discrepancies which could further uncover potential investment opportunities. The same applies to the industry as a whole. Often there are times where a company within an industry outperforms the industry and its competitors, or vice versa. Delving into why these seemingly perplexing patterns may occur can broaden understanding of how a stock or industry behaves under certain conditions. Competitor and industry analysis are seen as obvious comparisons to make when researching stocks but, it may be prudent to analyse other markets as well. For example, Royal Dutch Shell Plc may do direct competitor analysis against a company such as BP Plc, but another comparison may be to overlay these companies with that of the underlying oil price. This major commodity (oil) is heavily correlated to the business model, therefore looking outside the scope of the equity markets may uncover some valuable insight. 7. Follow industry experts A great way to further stock research is by following industry experts, such as highly regarded equity analysts. These experts often publish in-depth stock research which can be a good way to draw comparisons between individual and expert analysis. This is also a good way for investors to broaden equity analysis techniques by studying the analyst’s approach and what they look for in making investment decisions. 8. Research platforms and terminals The use of research platforms and terminals such as Bloomberg can give investors/analysts a plethora of additional analytical tools and techniques. These can help investors with efficiency and access to many other financial markets and stocks for comparative purposes. Quantitative tools are also available on such platforms for more complex types of analysis. These platforms can be costly, so before investing in one, the investor should make sure to consider the expense factor relative to their expected benefit. 9. Stock order types After the research has been completed, investors will need to place the order to buy the stock. Knowing how order types work in the stock market can help investors to better focus the execution of their strategies. Liquidity is another concept that can result in varying spreads and pricing. Stock market liquidity refers to the ease at which the company shares can be bought and solid without experiencing large price fluctuations. Large companies with high liquidity such as Apple Inc will often have tighter spreads with a larger volume of shares available to buy/sell at a given price. 10. Broker fees An important but often overlooked portion of the stock investment process is that of broker fees or commissions. Brokers have differing fees so investors should become familiar with fees in order to avoid any unwanted surprises. These should be available on the broker website and should be transparent.