In the first edition of CRYPTO TREND we introduced Crypto Currency (CC) and answered many questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us a glimpse into how new and exciting this market space is:
The biggest exchange in the future of the world to make a future contract for Bitcoin
Terry Duffy, president of the Chicago Mercantile Exchange (CME) said, “I think sometimes in the second week of December you can see our [bitcoin futures] contract for the list. Now you can’t shorten bitcoin, so there is a way it can. You can buy it or sell it to other people. So creating a two-sided market, I think it’s always more efficient. “
CME plans to launch the future of Bitcoin by the end of the year while awaiting regulatory review. If successful, it will provide investors with a viable way to “prolong” or “shorten” Bitcoin. Some Exchange-Traded Funds traders are also filing for bitcoin ETFs that track the future of bitcoin.
These developments have the potential to allow people to invest in crypto currency space without owning a direct CC, or using the services of a CC exchange. The future of Bitcoin could make digital assets more usable by allowing users and intermediaries to block their foreign exchange risks. That may increase the adoption of cryptocurrency by traders who want to accept bitcoin payments but are wary of its changing value. Institutional investors are also used to trading controlling futures, untouched by money laundering concerns.
The CME move also suggests that bitcoin has become more and more ignored, as the exchange seems to be holding back the crypto future recently. Bitcoin is just about all that is mentioned by any of the brokerage firms and firm firms, who are suffering in the midst of rising but uncommon markets. If the future of an exchange moves, it is almost impossible to achieve any other exchange, such as CME, because it is the cause of the scale and liquidity of the derivatives market.
“You can not ignore the fact that it is increasingly a story that will not be lost,” Duffy said in an interview with CNBC. There are “mainstream companies” that want access to bitcoin and there is a “huge end to demand” from clients, he said. Duffy also thinks that bringing institutional entrepreneurs to the market can be less volatile.
The village of Japan will use crypto currency to raise capital for the revitalization of the municipality
The Japanese village of Nishiawakura researched the idea of creating an Initial Coin Offering (ICO) to raise capital for the municipality. This is a very novel approach, and they can ask for national government support or seek private investment. Many ICOs have serious problems, and many investors doubt that any new token is worth it, especially if the ICO has become another joke or a hoax. Bitcoin is not free.
INITIAL COIN OFFERING – (ICO)
We didn’t mention ICO in the first edition of Crypto Trend, so let’s talk about it now. Unlike an Initial Public Offering (IPO), where a company has a real product or service for sale and you want to buy parts of their company, an ICO can be continued by anyone wants to start a new Blockchain project with the goal of creating. a new token in their chain. ICOs are unregulated and many total frauds. A legitimate ICO can earn a lot of money to fund a new Blockchain project and network. This is typical for an ICO that can generate a high token price almost at the start and then fall into reality afterwards. Because an ICO is easy to proceed if you know the technology and have some money, a lot, and now we have 800 tokens in play. All of these tokens have a name, they are all crypto currency, and apart from the well-known tokens, such as Bitcoin, Ethereum, and Litecoin, they are called alt-coin. At this time Crypto Trend is not recommended to participate in an ICO, because the risks are much higher.
As we said in Issue 1, this market is the “wild west” right now, and we recommend caution. Some investors and early adopters have made huge profits in this market space; however, there are many who have lost much, or all. Governments consider regulations, because they want to know every transaction to tax them all. They all owe a great deal of debt and money.
To date, the crypto currency market has avoided many government problems and bank finances and traps, and Blockchain technology has the potential to solve many problems.
A good part of Bitcoin is that the originator chooses one with the last coins that can be generated – 21 million – thus ensuring that this crypto coin will never grow. Governments can print as much fiat currency as they want and increase their money to death.
Future articles will examine specific recommendations, however, without fail, the early investment in this sector is only for your most speculative capital, money you can lose.
CRYPTO TREND is your guide when and when you are willing to invest in this market space.