Hedge funds buy shares of software manufacturers

In this reporting season, investor preferences changed frequently.. Today, when the world is tense with economic growth, technology stocks remain the most sought-after, in particular – software developers. And their high appreciation is not an obstacle to continued growth..

The analyst called the reason, why this year bitcoin will not grow to $100 000

Cryptocurrency analyst Nicholas Merten said, that believes in the achievement of the bitcoin rate $100 000, but this year is hardly worth counting on According to him, BTC's relatively mild reaction to the launch of a bitcoin futures ETF is a clear signal, that a major change of course will require much more effort, than intended: "In the fourth quarter of this year, bitcoin has no chance to get to $100 000 or $150 000. The same goes for the first quarter. 2022 of the year. Very sorry, but we must admit the obvious and most analysts are wrong, if you think otherwise. The reason lies in the bitcoin ETF based on futures, which have long been expected as catalysts for the market. But they couldn't get Bitcoin up to $100 000. What other macro event can attract institutional investors and bring the capitalization of BTC to several trillion dollars??»According to the analyst, as a result, BTC will end the bullish market cycle at the mark $200 000. But it won't happen because of a sharp rise in the next couple of months., and the process will last until the end of next year: "If we imply the prospect of growth in the capitalization of BTC to $3 – $4 trillion (i.e, well $150 000 – $200 000), then it will require decent liquidity, and therefore time. That's why I expect the cycle to peak in November. 2022 of the year"

Investments. Events of the week (№ 13)

Hello! The past week is full of different events, which greatly influence the market and the investor's decisions. Let's analyze them today in the article. Stock Market News Stock Market News The week began with Tesla's stock crash on Monday on 5% after that, how Musk conducted a poll on Twitter about the sale of Tesla shares.

Trader predicts imminent rally for one altcoin

Crypto trader Altcoin Sherpa predicts an early start to the altcoin season for one cryptocurrency asset In his opinion, decentralized streaming platform Theta (THETA) ahead of the growth dates of many other altcoins and should start rallying soon: “I think, that native THETA will happen sooner, than other altcoins. The asset spent a long time in the accumulation range and has not pumped for a long time. I expect, that the movement of many violas will look similar to the movement of SNX in 2020 year: V-shaped decline / accumulation period / rise "Altcoin Sherpa noted, what, unlike the rest of the cryptocurrency market, THETA tends to move on its own terms: “THETA can show high profitability. The asset has been marking time longer than others and it has its own market cycles, that is, he can walk at his own discretion. ”Regarding BTC, the trader believes, that the kickbacks will be smaller, than in 2020 year due to the difference in the market. The last rollback of the BTC rate was less than 14%, and in 2020 year before takeoff was 17%: "Market structure, context, BTC charts differ from exchange rate movements in 2020 year. Теперь по мере приближения курса к историческому максимуму откаты не должны быть такими глубокими» Отдельно трейдер выделил блокчейн-протокол индексирования The Graph (GRT), noting, that the asset is showing signs of accumulation, which means a rally can be expected at any moment: «GRT демонстрирует признаки

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Ethereum Foundation Moved For Sale On The Kraken Exchange 20 000 ETH

According to Etherscan data, the non-profit organization Ethereum Foundation transferred tens of thousands of ETH to the Kraken cryptocurrency exchange again as the transaction shows, Ethereum developer sent a contract for 20 000 ETH to Kraken public address. At current rates, the cost of the transferred ETH exceeds $95 million. A similar transaction took place 17 May, when another developer submitted to the exchange 35 000 ETH (at that time the amount was equivalent to $112 millions). The Ethereum Foundation supports Ethereum and its developers by providing financial assistance, and also solves issues, related to the wider ecosystem. The organization has previously sold ETH to support its activities.. According to blockchain analyst Colin Wu, as of 21 May, the Ethereum Foundation had about 400 000 ETH. Over the past weeks, the ETH rate has repeatedly updated its highs and is currently above the level $4700. Ken Griffin, CEO of multinational hedge fund Citadel, believes, that Ethereum is even better than BTC.

Taproot Bitcoin network update due on Saturday

In the coming days, the Bitcoin Taproot network should be updated and most sources call Saturday Taproot as the activation date. – this update, which will improve Bitcoin's scripting capabilities, aligning it with competing blockchains like Ethereum, who already have programmable smart contracts. Taproot will also implement MAST technology (Merkelized Abstract Syntax Tree), which will make it difficult to track and analyze BTC transactions. This will be achieved by, that complex transactions, e.g. multisignature and Lightning Network transactions, become indistinguishable from underlying transactions. Besides, update will introduce Schnorr signatures, which will reduce the size of transactions through data aggregation. Together, the above features will enable developers to create more complex Bitcoin applications., and end users will benefit from cheaper and more confidential transactions. Taproot is the most significant update to the Bitcoin network since 2017 of the year (then the SegWit function was implemented). Although the update has already received support from miners, to activate the process, you will need to get 800 blocks. According to NiceHash, the update will take place in 1:00 UTC on Saturday 14 november. Another website, Taproot.watch shares this rating.. Probably, waiting for the update was one of the factors, contributed to the growth of the BTC rate and the update of historical highs. Maybe, that the hype around Taproot is over, but there is a chance, that Saturday's update will bring BTC to higher highs.

How to get around the risks of stagflation? 3 investment strategies

Economy, stagflationary, Is the economy, in which there is simultaneously stagnation of activity and acceleration of inflation. This phenomenon was first noted in the 1970s., when the oil shock led to a prolonged period of price increases, but at the same time, GDP growth dropped sharply.

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