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Crypto Trends to Watch in 2019
Cryptocurrencies are growing at an increasingly fast rate with traders across the globe drawn to crypto markets by the exciting prospects of the technology. Bitcoin is the most expensive virtual currency currently, valued at $6,388.99 per unit, according to Statista.com, and Litecoin is helping to lead the way too. While cryptocurrency had somewhat of a nerdy stigma, that’s all changing as it becomes accepted in more and more places from Charleston coffee shops to artisan food stores and hipster fashion retailers in San Francisco.
Just about every expert predicts that cryptocurrency is only going to continue to become more popular, what are some of the other crypto trends to watch for in the coming year?
Blockchain Implementations Will Grow Significantly
Blockchain spending by organizations have been slower than expected this year but that’s been predicted to change in 2019. PricewaterhouseCoopers, a company that works with many of the world’s biggest businesses, recently reported that many of its customers are spending a ton on blockchain initiatives and that that spending will continue to grow. The demand for blockchain advisory services has been as high as $1.7 billion.
Ripple May Be the New Bitcoin
For institutional investors, the highest level of confidence among cryptocurrency is expected to be Ripple in 2019, followed by Bitcoin, Ethereum and Stellar Lumens. Financial expert Douglas Borthwick who frequently contributes to Bloomberg and CNBC, says he believes that many fiat currencies will be paired with Ripple as the dollar requires a two-day settlement. On the other hand, the settlement for Ripple is immediate. He also notes that Ripple will see massive growth value due to the sheer size of global markets and this real-world application. He even went as far as saying that there is zero competition for Ripple as it can be settled in only seconds.
Ripple is the only enterprise blockchain solution in the world, a unique cryptocurrency that facilitates global payments, digital asset exchanges, connect banks and payment providers. It’s also the most affordable mainstream cryptocurrency, with the simplest and most accessible transaction system.
More adoption of security tokens
The utility token is a token that represents shared ownership of a digital resource. Computing power, processing power and file-storage capacity are all examples of digital commodities that can be purchased and sold on a decentralized marketplace due to their discovery. They contribute 31% of the crypto market as a whole. Unlike utility tokens, security tokens represent ownership in a real-world asset: debt, equity or even real estate. Experts say there is quite a bit of forward momentum around tokenized securities, so much so that many believe they’ll soon become a common part of Wall Street parlance.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.
The Singaporean ETF Market: Exponential Growth
The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics.
One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.
The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.
Regulatory Landscape and Investor Protection
The Monetary Authority of Singapore (MAS) is the…
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
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