Edward Flores's Avatar
Edward Flores
published in Blogs
Jan 27, 2018
Make Way for Japan's First Cryptocurrency Fund

Make Way for Japan's First Cryptocurrency Fund

Fisco, the reputable Japanese financial information service covering multiple sectors of the market in Japan and beyond, is set to launch the country’s first cryptocurrency investment fund at the end of January. Nikkei reports that Fisco will invest its own money, in addition to raising capital from two unnamed fintech companies.  

The fund, which is expected to launch at over 300 million yen ($2.66 million), will invest directly in multiple cryptocurrencies, including bitcoin. It will seek additional profits by exploiting price differentials in domestic and foreign cryptocurrency exchanges, and hopes to offer 20% annual returns.

Fisco was an early believer in cryptocurrencies’ potential, offering research and information before other similar outlets, but their approach is not limited to providing data. They were quick to take advantage of April 2017 legislation recognizing bitcoin as a legal payment method in Japan – Fisco’s cryptocurrency exchange unit issued a three-year, 200 bitcoin-denominated bond in August (worth $800,000 at the time) to another group company. The deal, thought to be the first of its kind in Japan, was revealed by chief product officer Masayuki Tashiro to be an exploratory transaction, investigating bitcoin bonds’ potential as a fundraising tool.  “We expect that bitcoin will eventually be recognized as a financial product,” said Tasahiro in August. “…if we play a role of arranger, we could earn fees.”

Bitcoin stands to expand Fisco’s business, but they are hardly the only Japanese company bullish on cryptocurrency. MUFG, Japan’s largest financial institution, is set to launch a service in April securing bitcoin adopters against “any operator-based incident leading to losses” on cryptocurrency exchanges. Traders will opt-in to the service while trading at exchanges, and MUFG’s trust bank, Mitsubishi UFJ Trust, will scrutinize pending transactions for suspicious activity. The bank will guarantee the security of bitcoin holders’ assets in the event of any catastrophe – they have already applied for applicable patents. The launch timeline hinges on Japan’s Financial Services Agency recognizing cryptocurrencies as assets that can be secured in a trust, like securities and real estate, but the company is confident that will happen soon.

Japan has long innovated in other technological fields, and cryptocurrency appears to be the newest frontier. As regulatory bodies around the world play catch-up to crypto’s rapid advances, Japan stands to take their usual place as a leading light in the sector’s evolution.

Related Tickers: BTC.X
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%.