Alla Petriaieva

published in Blogs

Feb 28, 2021

Blockchain’s Latest Big Money Backer

South Korea’s leading venture capital firm sees immense potential in blockchain. Korea Investment Partners (KIP), whose successful track record has seen them invest in “growing billion-dollar companies” in high-growth sectors like Naver, Korea’s most popular search engine, have made a significant investment in an ICO for TEMCO, a Korean company using smart contracts to offer supply chain management solutions.

TEMCO uses a public blockchain to offer secure tracking of products through all stages of the supply chain – an area where the company believes traditional supply chains fall short. Their product allows customers access to more data with greater frequency, transparency, and reliability than ever before, while reducing costs for businesses through increased efficiency.

Korea is measured as the third-largest exchange market in the world and has a long-held reputation for being forward-thinking regarding cryptocurrency- and blockchain-related businesses, with the South Korean government considering numerous pieces of crypto-oriented legislation.

Hong Seong-ki, the head of Korea’s Financial Services Commission (FSC), has been pushing hard for legislating “the most urgent and important things first…[like] money-laundering prevention…and investor protection” to oversee crypto exchanges more effectively.

While the government controversially declared in August that cryptocurrency exchanges “are not a target for the government to encourage as a venture enterprise”, thus denying the benefits that designation would entail, they added that they would “foster blockchain technology and related companies at the government level” and announced $4.4 billion in investments in various economic sectors, including blockchain. A July report from crypto news website Cointelegraph detailed potential new legislation to aid blockchain investment, with multiple government ministries reportedly developing a “classification scheme” for the blockchain industry in Korea.

KIP is leading the investment charge in blockchain from the private sector. The deal’s press release characterized TEMCO’s ICO as the first “to be funded by a major venture capital [firm],” going on to describe the company’s business model as “transcendent…[with reach] beyond niche blockchain applications.”

Whether TEMCO makes good on that promise remains to be seen, but Jong Hyun Kim, the Fintech Investment Board Member at KIP, has high hopes: “TEMCO is more than prepared to disrupt contemporary supply chain process,” said Kim. “Not only does TEMCO exceed existing business solutions, but also is a prime example of the potential of blockchain technology. Korea Investment Partners is proud to be a leading investment partner for TEMCO.”

The company’s $19 million ICO is scheduled for this month.

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Related Tickers: BTC.X

Sergey Savastiouk

published in Blogs

Mar 07, 2021

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.

John Jacques

published in Blogs

Mar 22, 2018

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I. Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.

Sergey Savastiouk

published in Blogs

Jul 10, 2020

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.

Edward Flores

published in Blogs

Feb 06, 2021

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations. As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.

Alla Petriaieva

published in Blogs

Feb 23, 2021

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.

Sergey Savastiouk

published in Blogs

Aug 07, 2018

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.

Abhoy Sarkar

published in Blogs

May 22, 2020

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record.

Rick Pendergraft

published in Blogs

Feb 07, 2021

Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest

Sergey Savastiouk

published in Blogs

Mar 10, 2021

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Abhoy Sarkar

published in Blogs

May 08, 2020

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate. Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.