Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 11, 2018
Heated Discussions about Crypto at the SEC

Heated Discussions about Crypto at the SEC

A transcript from a Securities and Exchange Commission (SEC) roundtable in June highlighted an example of the passionate discussions around cryptocurrencies within the agency. Eric Werner, associate director of enforcement for the SEC’s Fort Worth regional office, introduced Jay Clayton, SEC Chairman, with a story about the first time he met the chairman, who was engaged in a “heated discussion about the legitimacy and viability of cryptocurrencies” with an attorney.

“I was taken aback, honestly, about how much thought he had given to this space and the issues surrounding that,” said Werner. “What I have learned in the time working with him is that he has given every single issue that he has confronted that same dedication and thought process."

Clayton’s commitment to discussing cutting-edge topics like cryptocurrency is a positive sign to enthusiasts as lawmakers grapple with how to approach the technology. Regulation has been a key talking point since 2017’s boom prompted governments around the world to address the issue, and consensus has been hard to come by.

The SEC is one of several US regulatory bodies looking at the industry. At a February hearing, Clayton offered testimony on what can and should be regulated, as well as the logistics of doing so, and presented their thoughts on the future of blockchain and cryptocurrency markets. They focused on three main pillars of the cryptocurrency ecosystem – cryptocurrencies as “a replacement for dollars;” ICOs (Initial Coin Offerings) functioning “like a stock offering;” and distributed ledger technologies, or blockchain. Clayton struck a solemn tone at the time as he detailed his concerns about ICO fraud and protecting ‘Main Street’ investors.

ICOs have drawn the most scrutiny from the SEC – Clayton rarely hesitates to express his belief that every ICO he has seen qualifies as a security. But he has also made clear that there is a delineation between ICOs and cryptocurrencies, and that they should be treated as separate entities. “I want to go back to separating ICOs and cryptocurrencies,” said Clayton in the February hearing. “ICOs that are securities offerings, we should regulate them like we regulate securities offerings. End of story.”

It remains to be seen how future regulations shake out. The lack of a concrete framework can cause difficulties for companies plotting a course of action. Recent reports detailing the SEC’s greenlighting of prominent exchange Coinbase’s purchase of three security dealers – a precursor to offering securities tokens on the service – were revised after Coinbase clarified they had “discussed aspects of proposed operations…on an informal basis with several members of SEC staff.” A representative for the SEC also confirmed that the agency did not give Coinbase explicit approval for the deal. While it is clear that regulations will be coming, reports of cryptocurrency’s demise at the hands of regulators appear to have been greatly exaggerated.

Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

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's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

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's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

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's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

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's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

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's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

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's Avatar
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

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's Avatar
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's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

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's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

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%.