According to online records, e-commerce giant Amazon, often seen as the “white whale of bitcoin payments, recently registered three cryptocurrency-related domain names: “amazoncryptocurrency.com,” “amazoncryptocurrencies.com,” and “amazonethereum.com.” The move was first reported by domain industry news website DomainNameWire (DNW).
October has come and gone, and the market rally goes on and on. Numerous observers and pundits have warned of a crash or strong correction, given the length of the rally and the fundamentals of the economy, which have been noted in earlier Newsletters. The FANGs and Microsoft seem not to be influenced by any disturbing geo-political news. The Fed will probably announce another rate hike in December and possibly three more in 2018 in addition to QT at 10 billion a month.
Amazon on Wednesday unveiled an augmented reality feature in its iOS shopping app that shows customers a 3-D rendering of how a given product will look in their home or workspace before they order it. AR View offers the ability to view thousands of products for the home or office – including furniture, electronics, toys, games, home décor and more – in augmented reality.
In my last October article about the Russel Index (1), I pointed out that looking at the last two years charts of Russell sub Sectors, in the last month the strongest one in terms of Relative strength was the Russell Industrial Materials & Processes. From the following chart we can see that Relative Strength ratio, at the end of August, anticipated (a) the breakout of the trading range price channel (b) begun in late 2016, and until now the situation hasn’t changed.
After punishing six bankers, Singapore is now investigating Goldman Sachs Group Inc’s relationship with 1MDB – the Malaysian investment fund at the centre of global money laundering probes. Bloomberg reports today that the island republic’s Commercial Affairs Department, the police’s economic crime unit and city prosecutors have interviewed current and former Goldman Sachs executives who worked on bond offerings from 1Malaysia Development Berhad. 1MDB is a multi-billion national investment board for Malaysia that is aimed on encourage economic development and business creation.
The former digital chief of Credit Suisse is launching a blockchain-based investment platform that lets people share ownership of "experiential" assets such as artwork or a classic car, and is seeking to raise funding for the startup via an initial coin offering (ICO). Marco Abele, who left the investment bank this summer, is offering investments in assets usually limited to high-net worth individuals through a new platform called Tend. Well-known fintech industry insider Oliver Bussman, a former chief information officer at UBS and the investment bank's "blockchain guru" is a strategic advisor.
Credit Suisse Chief Executive Tidjane Thiam on Thursday expressed caution about Bitcoin, saying the current interest in the crypto-currency could eventually subside. ”Bitcoin presents a number of challenges. The first of them is really the anonymity,“ Thiam told a results news conference. ”I think most banks in the current state of regulation have little or no appetite to get involved in a currency which has such anti-money laundering challenges.
Contrary to expectations, none of the yesterday's events, including disclosure of some insights about the new tax reform, created an impulse strong enough to force the pair to make a breakout from the rectangle pattern. Moreover, expectations of the upcoming release of information about the state of the American labour market led to formation of a minor symmetrical triangle pattern.
Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion, setting a record for a Hong Kong office tower and showing that the city's commercial property market remains red hot. CK Asset Holdings said it expects to make a profit of $1.9 billion. The buyer is C.H.M.T. Peaceful Development Asia Property Limited, an investment vehicle registered in the British Virgin Islands that was created for the purchase.
Trump announces nomination of Fed board member Jerome Powell to be next chair of US central bank. A Fed governor since 2012 and former Treasury official under the George H.W. Bush administration, Powell will replace current Fed Chair Janet Yellen. Yellen was nominated in 2013 by President Obama. Her term as the central bank's first female leader expires in February.
The caspian week conference is a meeting point of visionaries, market leaders and experts with the f
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Seit über 30 Jahren ist die ZfU International Business School Gastgeber für die angesehensten Inve
Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage
From 2018 onwards, Switzerland’s financial fair will only be open to professional investors. This
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