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Showing posts from 2017

The basics of crudeoil future by the balance

Crude oil is one of the better  commodities  to trade. It is a very active market and it is well known to investors around the world. There is usually no shortage of news to cause the price of oil to move from day to day. This presents many good trading opportunities, whether you focus on day trading futures or you are a longer-term trader or investor. Crude oil is one of the most actively traded commodities in the world. The price of crude oil affects the price of many other assets including  stocks , bonds,  currencies , and even other commodities. This is because crude oil remains a major source of energy for the world. Crude Oil Contract Specs: Ticker Symbol: CL Exchange: NYMEX Trading Hours: 9:00 AM - 2:30 PM EST. Contract Size: 1,000 U.S. barrels (42,000 gallons). Contract Months: all months(Jan. - Dec.) Price Quote: price per barrel.  Ex $65.50 per barrel Tick Size: $0.01 (1¢) per barrel ($10.00 per contract). Last Trading Day: Third business day pri

Cyber attack on bitcoin

Bitcoin's booming value has driven a huge rise in crypto-currency themed malware, say security firms. In one month, anti-malware software company Malwarebytes said it stopped almost 250 million attempts to place coin-mining malware on to PCs. Symantec said it had seen a "tenfold" increase in the amount of malicious code connected with crypto-cash. Cyber-thieves are using both dedicated software, hacked websites and emails to snare victims. Cashing in "There's been a huge spike," said Candid Wuest, a threat researcher at online security firm Symantec, adding that it had been caused by the rapid increase in Bitcoin's value. ADVERTISEMENT On 29 November, the value of one Bitcoin surpassed $10,000 (£7,943) - a massive increase on the $1,000 each one was worth at the start of 2017, although that figure has  now fallen back sharply. "With $10,000 being breached, and all the hype, a lot of people are trying to make money with crypto

Bitcoin crosses $10000

Bitcoin sees sudden, sharp spike after smashing through $10,000 The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. Since bitcoin's market capitalization is less than $200 billion, enthusiasts point out the digital currency could rise dramatically if it draws even a tiny fraction of the world's $200 trillion in traditional financial market assets. Everett Rosenfeld |  Evelyn Cheng Published 7 Hours Ago   Updated 2 Hours Ago CNBC.com Getty Images Bitcoin  saw a massive, sudden spike just after it broke through a closely watched milestone Tuesday night. The cryptocurrency traded at an all-time high of $10,831.75 just after 12:30 a.m. ET, according to industry site CoinDesk. That represented a more than 10 percent jump from its price around $9,830 just 24 hours earlier. In fact, much of that incredible gain had come in just the last four hours after the cryptocurrency sma

Cryptocurrency by james

Dear Reader, Hi, I’m James Altucher. And today I want to send you a FREE copy of my 6-video series masterclass on cryptocurrencies. You see, if you’re not investing in these digital currencies… You’re missing out on what historians will call the biggest BOOM ever. Dozens of digital currencies are exploding as high as 3,475%, 21,611% and even 81,465%... And because many of them are still trading for pennies… You could literally start with a single $100 bill… And turn that tiny investment into a retirement fortune… In a matter of months. I already made an investment that returned a total profit of $1.8 million… From one single cryptocurrency trade! I recently bought another cryptocurrency for just 52 cents! And it’s already up 800%... in just three weeks! I want to show you how to get started, because you’ll never see a boom like this again. Look, as a venture capitalist with deep connections from Wall Street to Silicon Valley… I can tell you instituti