The Long Island Ice Tea Corporation is exactly what it sounds like: a company that sells people bottled iced tea and lemonade. But today the company announced a significant change of strategy that would start with changing its name to "Long Blockchain Corporation."
Ripple is the fourth largest cryptocurrency in the world but despite its recent growth, it still remains an unfamiliar name to most.
XRP, Ripple’s native currency, has taken the banking world by storm, soaring from under $0.01 to $0.30 a coin in less than a year. But why did its value suddenly increase by 4300 per cent? Ripple acts as a payment network, RippleNet, and a cryptocurrency, Ripple XRP.
For more than four decades, the Chicago Board Options Exchange has allowed investors to place their bets on commodities from corn to steel.
Bitcoin made its debut on a major exchange Sunday, a landmark for the cryptocurrency that has generated enthusiasm among some investors and more than a little anxiety from others.
"Bitcoin bonanza takes hold of world markets," proclaimed the front page of the Times of London on Friday, reporting on the latest record price of the digital currency.
Bitcoin hit the $10,000 mark for the first time Nov. 28, passing the milestone on several exchanges and indexes. When you consider the digital currency’s rapid growth, you might think that people who say a single bitcoin could be worth $50,000 in the next decade might be onto something.
After a day of tepid approaches toward the total, the price of bitcoin rose above $10,000 on CoinDesk’s Bitcoin Price Index (BPI) for the first time in history on Tuesday.
Former Fortress hedge fund manager Michael Novogratz said Monday that bitcoin can multiply more than four times in roughly the next 13 months.
On CNBC’s Fast Money, Novogratz expressed his optimism towards both bitcoin and Ethereum in the mid-term. Novogratz, who has predicted the price of bitcoin to achieve the $10,000 mark before the end of 2017, stated that bitcoin price will quadruple by the end of 2018, and the price of Ether, the native cryptocurrency of Ethereum, will triple in value.
New survey data highlights the ideological and economic factors driving some investors to purchase bitcoin. Financial resources provider LendEDU has just published the results of a new investor survey targeting Bitcoin users, and the respondents feel bullish on the current number #1 cryptocurrency, to say the least.
Building on the basis of the basic article “Smart traders track” (TRA-DERS’ 04/2017; available in the shop at www.traders-media.de), you learned in the first part of this strategy series (TRADERS’ 05/2017), how to find useful trading possibilities within a time unit by combining different trend sizes. In this part we talk about how you find lucrative trading signals by combining time units while trading trends in a clever way.
According to an annual survey by Wall Street recruiting firm Options Group, total compensation for fixed income and equities professionals in the US will be down 7% from last year, on average.
The decline is steeper still for those working in certain business lines, such as credit, rates and cash equities. And there are few bright spots. Only foreign exchange trading (+1%) and those working in electronic markets for fixed income (+7%) and equities (+3%) are expecting to see a pick-up in their compensation.
