Crypto Markets News 

Now there is a way for contagion from a bitcoin price collapse to flow into the rest of the markets

“And that’s not the only way bitcoin is vulnerable to real-world markets” writes Finanzen Net Gmbh for businessinsider.com. It might be healthy if the price of bitcoin reflected the bears in the market as well as the bulls.Oscar Williams-Grut’s excellent reporting on the Bitfinex flash crash shows people are already using leverage to bet on bitcoin in crypto exchanges.And as the only way to get the value would be to sell … there would be a run on bitcoin.If companies stop taking bitcoin as payment, then bitcoin won’t have an independent value…

Read More
News 

JPMorgan explains what’s driving China’s growth

“Consumption and innovation will be the two major growth drivers in China in the years ahead as the economic giant moves into its next phase of expansion, a JPMorgan Chase expert said Thursday” writes Akiko Fujita for cnbc.com. On innovation, the Chinese government is not only encouraging technology companies to go abroad, but also urging old industries such as manufacturing to adopt new ways of doing business. That will lift the country’s growth prospects, added Ulrich, who is a well-known expert on the world’s second-largest economy. Source: cnbc.com Share This:

Read More
Markets News Regulators Stocks 

The stock market is sitting on a powerful time bomb, and the Fed is starting to worry

“But stock market leverage turns into a time bomb on the way down” writes Wolf Richter for businessinsider.com. Margin debt and the stock market move together.Margin debt in the stock market hit another record, $561 billion at the end of October, up 16% from a year ago, the New York Stock Exchange reported on Tuesday.Stock market leverage, all types of leverage combined, not just margin debt, is considered the best thing since sliced bread and makes everyone rich as long as stock prices are rising.It accounts for only a fraction…

Read More
Markets News 

Buyers are gaining more leverage in the hot D.C.-area housing market

“Marshall Park is a real estate broker at Redfin in Virginia who writes an occasional column on the local real estate market” reports washingtonpost.com. Shifts in the real estate market don’t happen overnight, but buyers may be regaining a bit more of the bargaining power.For the past few years, sellers have had all the power in the local real estate market.It’s hard to make broad declarations about the real estate market.In terms of supply and demand, it’s still very much a seller’s market. Source: washingtonpost.com Share This:

Read More
News 

Apple Has Several Big Strengths It Can Leverage In the Augmented Reality Wars

“As Apple (from all signs) works to bring a consumer AR headset to market, it has several competitive strengths it can leverage:” writes Eric Jhonsa for thestreet.com. And if a recent Bloomberg report is right, Apple is now applying those talents towards developing an augmented reality (AR) headset that might be the company’s best shot at launching a new mass-market hardware product. Source: thestreet.com Share This:

Read More
News 

Exclusive: Japanese Regulator Discussing Retail Forex Leverage Cap at 1:10

“The Japanese financial regulator is discussing a new proposal that is aiming to limit retail forex leverage, Finance Magnates can confirm” reports financemagnates.com. The first measure included a cut to 1:50, with the second round of retail forex leverage cuts capping the rate at 1:25.The move is likely to cause a significant response from the Japanese retail forex industry. Until now, we have balanced investor protection and the degree of openness of the forex market,” he explains.Japan’s retail forex traders are already using the lowest leverage in the world, at 1:25. Source:…

Read More
News 

Netanyahu commends Trump’s Iran deal, gives U.S. leverage

“On Friday morning, President Donald Trump announced that he would not recertify the 2015 Iran nuclear deal, one of the foremost foreign policy achievements under the Obama administration, in a blow that had been a long-time coming” writes Megan Henney for foxbusiness.com. Netanyahu said either option — fixing the agreement or leaving it — is an important step in stopping Iran from obtaining nuclear weapons. “The goal is to prevent Iran from ever acquiring nuclear weapons,” Netanyahu said. “And you can achieve it either by fixing this bad deal, or…

Read More
Crypto News 

Here’s a reason why China would want to shut down bitcoin

“Last week was tumultuous for bitcoin, as Chinese authorities announced plans to ban bitcoin trading in the country” writes Ivan Martchev for marketwatch.com. While bitcoin then crashed from about $1,000 to about $300 in 2014, bitcoin recovered.I am not surprised that Chinese authorities are acting to put a lid on bitcoin BTCUSD, +1.09% trading.Messing with the yuan exchange rate, or with bitcoin for that matter, is one of the tools to meet their goals before the October summit. Source: marketwatch.com Share This:

Read More
News 

Federal ‘Transparency’ Bill Endangers Songwriters’ Secret Weapon for Getting Paid

“Along with a database, the bill would establish rules that could take away the leverage rightsholders use to make sure they get paid” writes Robert Levine for billboard.com. Rightsholders that don’t maintain sufficiently accurate records — the bill doesn’t define a standard — would lose their legal leverage. Source: billboard.com Share This:

Read More
Futures News 

All-time record options bets on volatility spook Wall Street over leverage risk

“The CBOE announced VIX options volume hit 2.56 million contracts on Thursday, a record for a single day” writes Dimaggio Kalish for cnbc.com. Options experts are saying Thursday’s record volume in volatility derivatives bets may signal a dangerous problem with the size of volatility-linked trading products.The focus is on the CBOE volatility index, a key measure of market expectations for near-term volatility as conveyed by the price of S&P 500 index options.One accomplished options trader said the dramatic one-day VIX surge Thursday likely stemmed from traders being forced to close…

Read More