Saturday, January 27, 2018

TRADE FINANCE

Major Investing and Trading Instruments

Bitcoin (BTC) is by far the greatest driver of the market. The first bitcoin exchange transaction took place in September 2009, when 5,050 bitcoins were exchanged for US$5.02. To date, BTC broke through $14,500 and is now the most valuable asset on the cryptocurrency market. Bitcoin has become a profitable investment for many, but there are many who are just approaching this instrument, too. High volatility brings a lot of excitement and anxiety, but also allows the speculators to capitalize on short-term moves.

Ether (ETH) is the second most popular digital currency, and also second by market cap. Most of the market players regard it as an investment vehicle, not a speculative asset. Apart from these two cryptocurrencies, investors and traders use such cryptocurrencies as Bitcoin Cash, Ripple, Bitcoin Gold, Litecoin, Dash, NEO, Monero, and IOTA.

Major exchanges offer cryptocurrency pairs trading, with BTC/ETH, DSH/BTC, and LTC/BTC being the most popular. To trade such pairs, one needs to thoroughly analyze the news and keep informed on the important events of the cryptocurrency market.

Currently, not only professional investors but also general public becomes more interested in cryptocurrencies.

Sunday, January 14, 2018

FINANCIAL POSITION

Paybells 10:26 PM

Wednesday, January 10, 2018

OIL OF AMERICA HITS HIGHEST

Paybells 3:51 AM

#BUSINESS NEWS

JANUARY 9, 2018 / 5:18 PM / UPDATED AN HOUR AGO

U.S. oil hits highest since 2014, worries grow of overheated market

Libby George

3 MIN READ

LONDON (Reuters) - U.S. oil prices hit their highest since 2014 on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned of possible overheating.

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon

A broad, global market rally, including stocks, has also been fuelling investment into crude oil futures. [MKTS/GLOB]

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.42 a barrel, up 46 cents, at 1024 GMT. Earlier prices rose to $63.57, the highest since Dec. 9, 2014.

Brent crude futures LCOc1 were at $69.10 a barrel, 28 cents above their last close. Brent touched $69.29 in late Tuesday trading, the highest since May 2015.

“The extension of the OPEC agreement ... and declining inventories are all helping to drive the price higher,” said William O‘Loughlin, investment analyst at Australia’s Rivkin Securities.

The Organization of the Petroleum Exporting Countries, together with Russia and a group of other producers, last November extended an output-cutting deal to cover all of 2018.

The cuts were aimed at reduci

Sunday, January 7, 2018

NEWS

Paybells 9:59 PM

A cryptocurrency created as a joke about a dog meme now has a market cap above $2 billion

Business InsiderJanuary 6, 2018

Dogecoin, the digital currency inspired by the popular Doge meme, now has a market capitalization above $2 billion. Its founder is worried the coin's recent rise indicates wider frothiness in the cryptocurrency market. Dogecoin, the alternative cryptocurrency inspired by a popular meme, has surged over the weekend and now has a market capitalization over $2 billion. It soared above the $1 billion milestone for the first time on Christmas Day and climbed over $2 billion on Sunday. As for its price, the coin was trading at $0.018 at the time of writing. That's up 800% from $0.002 a coin at the beginning of December. Founder Jackson Palmer, who created the digital currency as a joke, said new found

Story Continues