English
20074
|
QuComment News 2018.07.30 Monday One-minute complaint: There is a new trick in the currency circle: a bunch of zombie yellow Vs, building a small close circle, starting to call for orders collectively, and jointly pulling 30% of the market - completing the double cutting technique of the close circle and trading. 1 Hong Kong citizens are worried about the economic downturn, and 23% are considering switching to virtual currencies.  According to Yahoo Finance news today, a survey showed that due to the impact of mutual tariffs imposed by China and the United States, 46% of Hong Kong citizens believe that the economy will get worse in the future.； Worried about the impact on the economy and dragging down the stock market, 23% are considering investing in virtual currencies as an investment hedging tool to combat economic reversal. Up to 60% of the respondents believe that Hong Kong should follow the example of the United States, Japan, Singapore and other countries in issuing licenses and regulating virtual currency trading platforms. In addition, the survey also found that younger citizens have higher acceptance of virtual currencies. (Source: Future Finance) Interesting comment: Since the birth of virtual currency, it has been considered an excellent hedging tool. When the North Korean nuclear crisis broke out last year, Bitcoin rose to nearly $20,000.； Before the start of the Sino-US trade war, the cryptocurrency market also showed a "little bull market" scene. But don’t be too happy. There is a high probability that virtual currencies will not be affected by mutual tariffs this time. Market fluctuations should still be based on regulation and regular news in the currency market. Unless the mutual tariff war between China and the United States escalates and affects ordinary people like the North Korean nuclear crisis, the virtual currency market may be able to share the benefits brought by the demand for hedging. Before then, the hedging value of virtual currencies was actually not as good as gold. 2Binance Labs partners with Libra Credit, BNB will support loan collateral  Libra Credit, a blockchain startup dedicated to building a decentralized lending network, recently announced that it has signed a cooperation agreement with Binance Blockchain Incubator (Binance Labs). According to the terms of the agreement, holders of BNB, the token issued by Binance, will be able to mortgage BNB and obtain loans in cryptocurrencies and fiat currencies. (Source: Bitcoin) Interesting comment: Don’t dare to play with futures leverage? Want to get rich but don't have the funds? Short of bullets when speculating on currency speculation? BNB one-click mortgage loan, you no longer need your wife’s capital when speculating in currencies.  I have already thought up BNB’s advertising slogans for CZ boss. Binance’s move outperformed most platform coins again. BNB is now given new value, and this value flows back into Binance’s pocket. It's just like opening a casino to lend money to customers. Regardless of whether you win or lose, the casino will always collect the money in the end. In addition, Libra Credit is a lending network based on the Ethereum blockchain. The company plans to launch its platform in the third quarter of 2018, so it is only two companies that have announced the status of cooperation. However, affected by the trend of the market, BNB fell by 4.83% as of press time, so be sure to hold on to it first. 3Van Eck publicly responded to the SEC’s concerns about Bitcoin ETF issues in terms of valuation, liquidity, etc.  According to CCN reports, the SEC previously expressed concerns about the Bitcoin ETF of fund management company Van Eck, and the company responded to this concern in a public letter on its regulator’s website. In response to Dalia Blass, director of the SEC's investment management division, the letter addressed five key issues that the SEC had previously communicated with the industry, namely: valuation, liquidity, custody, arbitrage and potential manipulation. On valuation, the company claimed that it does not view valuation as a new issue for futures-based Bitcoin ETFs, as using futures to establish investment profiles in the asset is already common practice. In terms of liquidity, Van Eck pointed out that the Bitcoin market is very liquid, with average trading spreads of less than five basis points. On the custody front, Van Eck reiterated that its ETF will not invest in physically settled Bitcoin contracts. On an arbitrage basis, the Bitcoin market is not much more volatile than gold mining stocks or similar stocks. There are no major structural vulnerabilities in the diversity of Bitcoin market ownership and trading volume in terms of potential price manipulation and other risks. (Source: CCN) Interesting comment: emmm... Van Eck's response is still a bit weak. After all, it seems a bit like sophistry if it does not use the market feedback data after investigation as a theoretical basis. However, such a response is very positive, and it is not possible for the SEC to reconsider whether to pass the ETF review. In fact, the editor believes that the issue that the SEC is most concerned about is whether once the ETF is launched, ordinary investors who have no clear judgment on the risk of transactions will flood in, and whether this will cause systemic financial risks. I hope these fund management companies can give a better response from the perspective of SEC supervision. After all, the current development of the currency market relies on the tonic of ETFs. 4Tencent applies for multiple blockchain-related trademarks  According to information on the official website of the Trademark Office of the State Administration for Industry and Commerce, Tencent Technology (Shenzhen) Co., Ltd. has applied for trademarks such as infcoin, Wavecoin, Qbanking, LinkBanking, Wave Planet, and Wave Star. Tencent may follow the example of Baidu Universe, NetEase Planet, etc. to launch similar blockchain platforms. At present, Tencent has launched the enterprise-level blockchain basic service platform "Tencent Trusted Blockchain" and the blockchain service platform TBaS based on Tencent Cloud business. (Source: Digging Chain) Interesting comment: Once big-name companies really get going, there won’t be much time left for blockchain startups. If Tencent only uses the Token mechanism to play with the ecosystem like NetEase Planet, it actually does not really apply blockchain technology and does not have much breakthrough. ； But if Tencent wants to issue these coins by itself and build its own blockchain ecosystem, then the policy is really open, otherwise Tencent will not take risks. First develop a currency-free blockchain, such as a traceability platform； Issuing your own currency, apart from not having an ICO, is already considered a detour into the currency circle. 5GameCell game public chain project received tens of millions of investments  According to news from the investment community, GameCell has received tens of millions of investments led by Oasis Blockchain Ecological Fund (OBEF) and followed by multiple capital investments. Relying on blockchain technology to build a global ecosystem of blockchain games in the game segment: creating a basic public chain for games and a chain game OS in the game ecosystem. The entire ecosystem consists of three parts: GameCell game platform, GameCell developer platform and GameCell trading platform. (Source: Digging Chain) Interesting comment: Platform currency, platform media, platform projects, platform games, indeed the blockchain world has also ushered in the development of the Internet world. It is no longer enough to gain a foothold in the market alone. Only by relying on the platform and ecology can we occupy the market to the maximum extent. According to the data, Gamecell is the only game ecological public chain in the world that supports game logic functions on the chain and cross-chain transactions of virtual assets. At the same time, Gamecell is committed to changing the living conditions of global game developers, especially small and medium-sized developers. Game + public chain has always been considered the fastest project to be implemented in the blockchain, but so far FOMO 3D games are more recognized by investors than some public chains, so it is recommended that investors understand the project first before considering investment.  The currency circle and the chain circle are changing every day. Information means opportunity means to have "information"” Sometimes it means success or failure Every day you just need to open it News, information, quotes, data We organize and analyze for you  |
|
|
|
|
|
