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Fintech

A currency that lets you influence you sports team decisionsThe world’s leading blockchain fintech provider for sports & entertainment Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc. Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go) - Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand) - For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ. - UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership - As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success. - How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand - Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt Concerns, 1. Centralised for now but transparent transactions 2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they? 3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021. 4. App has bugs (3.6/5 ratings) 5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters? 6. More teams, more chances of team dumping 7. Rank #98 crypto projects TA, - Long term trend in tact - Reduced volatility FA, - Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG - network effects + First mover + Free marketing - Recent moves in sports betting stocks such as PENN, DKNG and PBH - Over 100k users. Brings in people from outside crypto. This is good for crypto overall. - Not talked about much -Strong management team - backed by esports celebrities such as Anomaly(2m+ subs) - Huge TAM for eSports - Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket. Small position size.
Long
by ashainp
PayPal Attempts a Bull Flag BreakoutPayPal has been a major beneficiary of coronavirus and the boom in e-commerce. It’s moved sideways since the end of July but now the chart may be attempting a breakout. PYPL formed a bullish flag since the start of September, with the trendline running down through the early October levels. Yesterday it closed above that trendline. Prices also consolidated at the 50-say simple moving average (SMA) and 21-day exponential moving average (EMA) for more than two weeks before getting decisively above both. The weekly chart has some interesting patterns: A bullish inside candle the week ended September 25 followed by a rip higher. Then another bullish inside candle last week, which it’s now escaping. PYPL’s last earnings report beat estimates. Its next report is scheduled for November 2. Now that the stock has moved above its falling trendline, it may have the potential for a meltup into the quarterly numbers. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NASDAQ:PYPLLong
by TradeStation
2
baba means bull now this company never stops amazing me, there isn't a TA that has forecasted this stocks price that wasn't short since idk 2014 lol its p/e ratio is insanely good, its in straight bull mode for the benchmark 300 that might be a phycological brickwall but I think were on pace to blast past that, its literally went up 3 percent aftermarket already. its nearing the 1 trillion gross and should best that in 2021 or 22, and it has a very modest subscriber base of 880 million and growing compounded 3% a year. I could go on and on, but just so you know investing 1k in amazon in 94 would make u a millionaire today, baba is 20 years younger and doing the same thing with a larger audience base. im not missing out on my chance again so im all bullish in this stock HODL
NYSE:BABALong
by track4success
Bullish reversal with a gap to fill aboveUpdated from the earlier idea with adjusted fibs. Where the extension from March to recent monthly highs aligned, I used that fib as marked entry. Solid uptrend established Still oversold on the daily Entry near the fib especially after a successful backtest as support would be a solid entry. First gap comes from a large space in which there was no candle closures since the gap down; this may not be a technical gap down but may have an impact on price action. The true gap is small and marked within. Either way, this should make a nice move upward through that space.
NYSE:SELong
by SpinTrades
$WZR: Fintech hype+ Solid uptrendFA, - FinTech Revolution (WZR left behind while the punters bet on BNPL) - Loan origination spikes 48% in June 2020. Consistent uptrend - Wisr Ecosystem up 52% - 42.4 Million in Cash - Great vision: Improve financial wellness in Australians. - Strong support from NAB - Good management team including CEO Anthony Nantes - Cool name and logo ( It’s vital for long term success, Ask Peter Lynch) TA, - 5EMA and 10EMA above 150EMA - Bottom trendline of Strong uptrend - Ascending triangle( WZR has historically broken out higher from ascending triangles) - Volume consolidation - Strong monthly level support(white) - RSI not overbought (RSI<50)
ASX:WZRLong
by ashainp
THE MOST DETAILED MULTI-FACTOR CRYPTO MARKET ANALYSIS[2020-2021]Market Guidance 2020-2021 Edition 2: Bitcoin as a credit cycle indicator- Is Bitcoin in fact, a safe-haven asset? Giving my intuition on expected long & short term future returns, and answering why the sell-off happened last week. If you stare at a chart long enough, suddenly it all makes sense . Abstract for any that don't have the time or understanding to read fully. I have to say soo much more, but the format, for now, is condensed and made as short as possible. I understand that it's a complex chart, but I attempted to simplify it as much as possible. If you've lost plenty while trading or investing in cryptos, and even if you've made sizeable returns, I highly recommend this brutally honest read. Announcement at the end. Happy weekend everyone! _________________________________________________________________________________ Abstract The current crypto market state analysed based on four perspectives: fundamental, macro, behavioural and technical . Interesting correlation was found between investment grade and fintech ETFs to bitcoin . Moreover, bitcoins' high volatility correlation to market volatility, in fact debunks the myth that bitcoin is a safe-haven asset . The last sections involves the long-term monetary policy effect on future expected returns in cryptos and the four types of investors interested in cryptos. As there is a considerably high probability that we might be stuck at the zero-lower bound in rates, even negative in the long term, bitcoin can provide diversification benifits in certain portfolios. _________________________________________________________________________________ Analysis Nowadays, I rarely post about cryptos, hence this time I really dug deep into all the factors: fundamentals, behavioural finance side, monetary policy correlation, macro shock factors(volatility) and of course technicals. Let's get on going with the fundamentals first. Surprisingly to me, bitcoin has an extremely large correlation to investment-grade(IG) bond(LQD, left chart) and fintech ETFs(FINX, right chart). Logically at first, I thought bitcoin should have a correlation to commodities (limited supply) and while there is a correlation, it simply doesn't explain well all the movements. Yes, you can describe bitcoin as a digital commodity(not gold, more like silver atm), but the way I view bitcoin/cryptos after designing this chart, is that as an asset class it, behaves more like a levered investment in a high growth fintech stock. But why is there a correlation? - The simple answer is, it's because of investor preferences. Outside the fintech/computer science community, not many agents are knowledgable or care enough about to invest in cryptos. Obviously, these investors work for companies within the named tech-intensive sectors that largely compose LQD and FINX(www.globalxetfs.com). Here's where the fun begins. In many of the IG ETF's such as LQD, there's plenty of junk hidden inside their structure(50% of LQD is rated BBB, for the sake of chasing yields-https://www.ishares.com/us/literature/fact-sheet/lqd-ishares-iboxx-investment-grade-corporate-bond-etf-fund-fact-sheet-en-us.pdf). And a good portion of BBB rated bonds, are still within sectors such as energy and materials(commodities)- and we all know how XLE has performed so far in 2020. The rest of the correlation is explained by movements in high growth zombie tech companies. Other fundamental factors worthy of mentioning that affect bitcoins price are oil prices and electricity prices (substitution effect), GPU prices(affected by precious metals), etc etc. Now onto the macro side of things and the recent broad market shock. Obviously, at this point, we're all very aware of the negative impact of the virus. Moreover to the fundamental point of view, many companies within LQD and FINX are at risk of their debt being downgraded or at worst entering a death spiral . Put yourself in the shoes of a fintech employee; if your company isn't doing well, and your position isn't guaranteed in the future, are you going to keep stocking up on "cheap cryptos" ? Of course not! In fact, most would trim down on their exposure . Essentially, this is what happened last week during the large drop once people got asked to work from home and others that unfortunately got laid-off. This is the basic intuition behind the notion that bitcoin works as a credit cycle indicator appears. What scares me is the number of stock options that these "silicon valley" types of companies use as compensations, that can further exaggerate the negative momentum as seen from the VIX(Right chart) . In principle, as long as volatility is controlled and in bearable amount, it benefits bitcoin. It attracts the trading type of investors that bring additional liquidity to the table(behavioural list below). But not if the volatility is five or more standard deviations above normal. Recent sell-off shock came around close to 8 std.deviations! Now that they're doing their job in the US (finally doing tests) we should see this volatility uptrend to continue. No doubt, the next two earnings seasons for Q1-Q2 will be massacres. Clearly there's a correlation between Bitcoin and SPX volatility. Look no further. This chart shows that there are more than enough evidence to debunk the myth that bitcoin is a safe-heaven asset in the short-term. Multi-asset class correlation happens in such large volatility moves, mainly because of large number of fund redemptions- basically flight for cash to fulfil short-term liquidity needs . From the charts above and the thorough technicals, in the short-term, there's a high probability that we will at least have a double bottom pattern in bitcoin. As the long-term bullish trend(right chart), as well as the 50 monthly SMA that served as a support at the end of 2018, are barely holding- by my assessment we are about to enter into a crypto bear-market! This brings me to my last two points, the behavioural side of crypto investing and long-term expected returns in cryptos. In principle, there are four types of crypto investors whos biases I won't discuss in this read. Here's my behavioural framework . Now since I described why the sell-off occurred last week, the question is who bought the dip? - The macro guys/portfolio managers driven by the recent monetary policy moves from central banks globally. This is where I introduce my long-term viewpoint. Unless there are technological or regulatory disruptors , cryptocurrencies as an asset class should yield above-average returns as long as we're close to the zero lower bound in rates, and even negative rates. Won't discuss how low rates affect bitcoin/growth stocks since I think the answer is quite obvious. Essentially, you can clearly see how deeply affected bitcoin is by the policy path that the FED takes(Bottom-Left chart) . There are many solid arguments that rates will stay close to zero for the foreseeable future- the Japanification process/scenario . But as per usual, the macro guys are too early this time too at least in my opinion. If you can bear -50-75% losses in case bitcoin drops below 3000, then you are well of to a very prospective portfolio for the future. On the flip side, if we break above the monthly Ichimoku cloud again + break the downtrend, this could be a great bullish breakout entrance point. ________________________________________________________________________________________ Conclusion A long and extensive idea, but what do all these factors summarize to? In my perspective, the crypto asset class is still in its initial growth phase, still very immature. The crypto run in the last few years is very comparable to the 1848-1855 gold rush and the '90s .com bubble(www.youtube.com). Realistically speaking, it took two recessions(00's, 08-09) for the tech sector from the '90s to filter out the unproductive zombie companies, for the sector to mature . This is an inevitable stage in every innovation cycle. A similar industry to cryptos is the streaming industry, and likewise, I'd argue based on the cash burn rate that even Netflix is in the same cycle stage as bitcoin. Therefore, I still hold the opinion that the crypto asset class is immature and frankly, not investable at this point. I've laid the conditions based on which you can find a purpose of cryptos in your portfolio. Generally, most of the diversification benefits should come from by combining cryptos with the retail/cons. discretionary sectors. Finally, in case we do get many gov. bail-outs funded by tax money during the next economic downfall, I could see this as a strong argument for owning cryptos. As central banks balance sheets expand(fred.stlouisfed.org), the value of fiat is driven lower, which leads to an appreciation of all assets, especially currency substitutes(gold, cryptos). Short-Term: Bearish Bias (Target range 1000-2000) Long-Term: Bullish Bias (Target range 100 000+) Portfolio diversification if bitcoin is not owned in combination with fintech/XLK companies. This is it for the current state of the crypto market . I'd appreciate any and all feedback, questions, discussions in the comments . Don't forget to support my work if you find any of my ideas useful. For every new and all my current followers, make sure to send me a private message in case you want a preview of my next idea related to gold. Currently, I am working on a set-up to migrate to my own website. Most likely will take a year or two to get to a satisfactory stage, but I will keep everyone interested in my work informed. Thank you for all the support! Previous and relevant idea on the timing of the next economic downturn -Step_ahead_ofthemarket ________________________________________________________________________________________ >>I do not share my ideas for the likes or the views. This channel is only dedicated to well-informed research and other noteworthy and interesting market stories.>> However, if you'd like to support me and get informed in the greatest of details , every thumbs up and follow is greatly appreciated! Disclosure : This is just an opinion, you decide what to do with your own money. For any further references or use of my content- contact me through any of my social media channels.
BITSTAMP:BTCUSDShort
by step_ahead_ofthemarket
2
LOOOOONG $VYGVF / potential x4 before EOY Intro: VYGVF is the OTC US stock of the Canadian VYGR stock. Voyager is the biggest US crypto broker you've never heard of . Mobile-first, best execution, commission-free, etc. It has great fundamentals and a good market position. They also have a lot of momentum , with an analyst report (Buy) and the acquisition of the retail business of Circle (Goldman Sachs) with Bloomberg features, etc. TA: MAC weekly about to switch bullish on a massive volume spike ... after 4 months of accumulation => Obvious long in my book. Not much resistance but real strong support in the low .20s (<$0.21 would invalidate the idea). FA: So here's the thing. It may be a bit of a stretch and you could argue that it's an over-simplification, but: Coinbase has about 13 millions accounts and is valued around $8Bn. That's about $615/ account. According to Bloomberg, Voyager has 200,000 accounts (with the Circle acquisition). If we take $500/ account, that's $100M . It's current valuation according to etrade: $24M at $0.31 a share. That's the x4 potential - and coincidentally (or not) that matches perfectly the $0.31 to $1.26 of the chart... Warning: Books are thin, spread is often too wide for my taste, and it's a micro cap - so no point going too heavy (<$50K imo) or flipflopping positions. A good buy and hold - sell in a few months (late 2020 or early 2021) for a potential x4+
VLong
by T_Rekt
2
Why Alibaba might miss expectations on its earnings reportQudian, a China P2P lending company, today withdrew its full-year guidance because of a worsening regulatory environment in China. Qudian is still in good enough financial shape to buy back $500 million worth of shares, but nevertheless the company says it has seen default rates rise and volume fall sharply as a result of regulatory changes. With Alibaba having recently acquired a $9 billion+ stake in Chinese P2P lending company Ant Financial, the Qudian news is bad for Alibaba (and also, by the way, for Yirendai). Potentially we could see a miss of expectations on BABA's upcoming earnings report. I wouldn't call this a short play, however, because fintech is just one segment of BABA's business, and overall this is a strong company with strong upward momentum.
NYSE:BABA
by ChristopherCarrollSmith
Bitcoin future is promising, even in a downturn. Sure, we are in a downturn, a bear market; so what? With a long term line of sight, it's easy to see where Bitcoin is going. Every country has laws that govern. Heavyweights like the United States and China impact global markets. Considering Bitcoin has the attention of the two largest economies in the world, it's understandable that the market is affected. Take the blinders off and look at the long term environment for Bitcoin. I will share what I see. Path one: Bitcoin in the next year establishes confidence with the support of the United States regulatory environment. China and the United States make a long term trade deal and Bitcoin is open for business between the two countries as a valid means for transacting wealth. China's digital yen is utilized for global stock exchanges and the United States citizens will use Bitcoin as a vehicle between the two currencies (US Dollar <> Bitcoin <> Yen). Heres why. The dollar is losing foothold as a controlling global currency. With the digital yen hitting the global markets, the rest of the world gains immediate access to new financial tools based on the yen. The United States can use Bitcoin to compete as the transition to a digital dollar occurs. The United States will play a wait-and-see approach to a digital dollar, and they might just use Bitcoin as the vehicle to explore its options. If this path plays out, the value of Bitcoin will explode. For instance, fast track adoption in various stock exchanges across the world. Digital assets of various types will grow and allow cross-chain functionality with Bitcoin blockchain. Debt for countries will reduce due to new asset class creating a means for governments to secure new wealth for their fiat systems. Path two: Bitcoin continues to have issues with unfair policies set by various countries (especially, the United States and China). As regulations are muddy, Bitcoin continues to see extream two-way volatility. It will be emotional with up and down movement that causes whiplash. Fortunately, it can't last forever. The trend will change and governments will adopt friendly policies to please global fintech demand. Once the dust settles and regulations have a clear path for working with Bitcoin technology, we will see a continuation with the global trend in Bitcoin wealth generation. Path three: Bitcoin is outlawed in China due to an anti-competition stance with the digital yen. The United States continues to attempt a trade deal and faces central banking issues with the digital yen and de-dollarization of China. The United States desires to compete and opens all markets to access the US Dollar using Bitcoin in various market verticals like ETF and so forth. Matter of fact, this might be one reason for such delays to move this direction. If this occurs, the United States will adopt an open FinTech market to the global community to combat China and its de-dollarization with the digital yen. Bitcoin will explode and be used as a means to reduce the United States deficit. We might get close to a world war with China if this occurs, so it's not a great path to see come to fruition. Path four: Bitcoin is outlawed by China and the United States. Allies of these countries will adopt the trend. Global markets suffer, riots break out, and the fight for privacy becomes a global issue. A global depression occurs that has never been seen before. Due to global communication Bitcoin rises from its ashes and creates a new global economy. If this happens, the Bitcoin value will go near zero and explode to incredible valuation. Path five: Bitcoin is outlawed by all governments. The network becomes weak and is taken over due to a lack of contribution to maturing its codebase. It's an all-out digital mess and becomes worthless. This path seems the least likely to occur. In the end, most paths you can imagine lead to Bitcoin gaining new wealth generation abilities with services being adopted to complement regulatory environments. The long term outlook seems favorable for the technology. For this reason, I love blockchain technologies and will continue to build the skillset to compete in future economic environments in tech. If it does not work out, oh well, it's been a wonderful ride. I will have stories to tell for generations to come :) If you read this far, share your outlook. What is your thoughts regarding the potential paths for Bitcoin?
BNC:BLXLong
by brandycamacho
PayPal Finds Support at Old ResistanceOnline payments giant PayPal gapped higher on a strong earnings report in late October. It had plenty of downward momentum at the time, and some resistance points around $108 prevented much follow-through. PYPL also slammed into its 200-day simple moving average (SMA) and a declining 50-day SMA. But that was then, and this is now. Has the stock paid its dues as MACD ramps higher? A bullish note from Wedbush drove the shares above their channel on Monday, and they've consolidated there since. Now it looks like the old $108 resistance level is turning into support. This gives traders a potentially key price area for risk management. As long as it holds, buyers may trickle in and look to ride PYPL back toward the old peaks above $120.
NASDAQ:PYPLLong
by TradeStation