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Bundle of investment news: chinese technology, cloud services and AT&T

Americans impose sanctions on the Chinese tech sector. Amazon disruptions raise concerns about U.S. HR and education policies. AT&T sells online advertising platform to Microsoft. Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier.

Moscow Exchange told about the most popular securities and new records

Moscow Exchange calculated, which securities in November occupied the largest share in the portfolios of Russian private investors. There are data separately on Russian shares, shares of foreign companies and exchange-traded funds. Besides, the exchange summed up the results on trading volumes and the opening of new accounts, and there are plenty of records.

New securities on the Moscow Exchange for November 2021

New bonds of Russian regions and companies started trading on the Moscow Exchange in November, shares of the St. Petersburg Stock Exchange, global depositary receipts for Softline shares and shares of 80 foreign companies at once. There are also new exchange mutual funds and ETFs.. Part of the new bonds we do not mention.

Kraken: Litecoin has chances to repeat the bull cycle 2017 of the year

Cryptocurrency exchange Kraken investigated the network indicators of Litecoin and noted the likelihood of an asset repeating the indicators of the bull market 2017 Year In the next report, Kraken emphasized, that in December 2017 year the LTC rate in just a month increased by 638% – with $50 to $369. Now LTC gives signals, similar to those that foreshadowed its sharp rally at the time.: "Activity in the Litecoin network shows an increase in demand and the possibility of entering the next wave of growth.. Besides, the asset remains below the overbought zone.". One of the most important indicators – number of active addresses, which has been in a strong uptrend for almost a year: "The number of active addresses has been in an uptrend since December. 2020 of the year, that is, there is an increasing activity in the network against the background of the growth of the rest of the market. Besides, recently, the growth in the number of active addresses has gone up sharply, which was the most rapid increase in activity since April 2021 of the year". The number of new Litecoin addresses with non-zero balance is also growing.: « 7-day moving average of new addresses (with non-zero balance) is at an all-time high 308 827. It recently surpassed the previous high in 270 000 (Observed 9 October)». In addition, Kraken investigated Litecoin's MVRV metrics (determine the overvaluation of an asset relative to its fair value). Reportedly, now Litecoin is far from the overbought zone even despite the recent exchange rate growth: "Current MVRV …

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Investment company Kelly wants to launch a futures ETH ETF

Three months ago, ProShares and VanEck withdrew applications to launch Ethereum futures ETFs, but the investment company Kelly Strategic Management was not deterred by this development and it filed its own application with the SEC for approval of a similar product Kelly Ethereum Ether Strategy ETF will be an actively managed fund, investing in ETH contracts with cash settlement, traded on listed commodity exchanges. Currently the Chicago Mercantile Exchange (CME) is the only platform, where ETH futures are traded. The current limits on ETH futures contracts are 8000 contracts per month (each contract – this 50 ETH). If the Kelly Fund Chooses These Limits, then will invest in long-term ETH contracts or additional fixed income products, for example, government bonds or corporate debt securities. In August, VanEck and ProShares abruptly withdrew their documents for ETH futures ETFs., what indicates a possible refusal on the part of the SEC. Last month, two bitcoin futures ETFs from ProShares and Valkyrie were approved.. The head of the SEC, Gary Gensler, said, that such funds provide sufficient investor protection.

Blocked Assets Volumes on Tier 2 Ethereum Platforms Set New Record

Blocked assets volumes (TVL) on Ethereum-platforms of the second level (L2) are growing rapidly and have set a new historical maximum The volumes of blocked assets on Ethereum-platforms of the second level have set a new record According to the analytical company L2BEAT, TVL-like platforms hit record highs in $6,16 billion. L2 platforms – these are scalable solutions, that run on top of the Ethereum network in order to increase transaction throughput. During the week, TVL Ethereum-platforms of the second tier grew by more than 10%. Boba Network became the main driver of growth (BOBA), which is an L2 scaling solution for Ethereum and has demonstrated staggering TVL growth in 1134% – with $75 million as of 13 November to the current $926 million. Scaling solution Optimistic Rollup launched the mainnet at the end of September and now occupies 15% market share of L2 solutions. Only two projects in this sector have a large market share: decentralized exchange dYdX (DYDX) with TVL level $995 million (more 16% market) and Arbitrum scaling solution with TVL about $2,59 billion (more 42% market). TVL L2 solutions are skyrocketing since bottoming out in late September. In less than two months, the market has grown by 144% – with $2,5 billions as of 30 September to the current level above $6 billion.

IPO SPB Exchange

Greetings! Think, you were looking forward to a post about the most anticipated IPO of recent years - the IPO of SPB Exchange. The collection of applications is about to end, therefore, the article is as relevant as possible at the moment. Find out firsthand, what are the advantages and risks of participating in this placement.

Coinbase reports worse than expected. Stock exchange shares fell by 13%

Crypto exchange Coinbase reported for the third quarter of 2021, which ended 30 September. Compared to the previous quarter, trading volume on the platform decreased, and the company's revenue was below analysts' expectations. On the postmarket, COIN shares fell by 13%, to 310 $. Coinbase reported revenue of $ 1.2 billion.

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