shaunthehuat personal page - To The Moon

shaunthehuat

shaunthehuat

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2021-08-11

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2021-08-04

Like n comment pls

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2021-08-02

Comment

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2021-07-22

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2021-07-16

Like comment pls

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2021-07-13

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2021-07-09

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2021-07-03

Loving it

@Kelobelo:$Digital Turbine(APPS)$Wow 10% value gone in a day. All the earnings from past month is gone. [Facepalm]

2021-07-02

Why ah,craY

@xinde0908:$維珍銀河(SPCE)$盤後搞偷襲，哈哈[開心]

2021-06-30

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2021-06-29

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2021-06-28

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2021-06-25

I will buy

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2021-06-24

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2021-06-23

Yeshhhhh

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2021-06-22

Pls like n comment!!!

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2021-06-15

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Goldman Expands Crypto-Trading Desk By Offering Ether Options

2021-06-15

Gd

Goldman Expands Crypto-Trading Desk By Offering Ether Options

2021-06-14

Yessss pls like n comment

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2021-06-12

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Go to Tiger App to see more news

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it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152074021","repostId":"152072693","repostType":1,"repost":{"id":152072693,"gmtCreate":1625246975412,"gmtModify":1703739403010,"author":{"id":"3578658663621815","authorId":"3578658663621815","name":"Kelobelo","avatar":"https://static.tigerbbs.com/e25054df4014fc26ddba4fe71ae60a6b","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578658663621815","idStr":"3578658663621815"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/APPS\">$Digital Turbine(APPS)$</a>Wow 10% value gone&nbsp;in a day. 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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187224003","repostId":"1135158450","repostType":4,"repost":{"id":"1135158450","kind":"news","pubTimestamp":1623750495,"share":"https://ttm.financial/m/news/1135158450?lang=&edition=fundamental","pubTime":"2021-06-15 17:48","market":"us","language":"en","title":"Goldman Expands Crypto-Trading Desk By Offering Ether Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1135158450","media":"zerohedge","summary":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman S","content":"<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.</p>\n<p>After its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.</p>\n<p>Because on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.</p>\n<p>Even JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).</p>\n<p>According to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.</p>\n<blockquote>\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n</blockquote>\n<p>Circling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.</p>\n<p>The term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,<b>the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.</b>As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.<b>The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.</b>In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.</p>\n<p>In order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.</p>\n<p>From this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.</p>\n<p>That said, because the network is decentralized and anonymous,<b>legal challenges facing future growth for crypto assets loom large.</b>Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.</p>\n<p>As a result,<b>the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.</b>However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.</p>\n<p><b>The network creates the value, unlike other commodities</b></p>\n<p>Unlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.<b>At the other extreme, gold doesn’t require a network at all.</b></p>\n<p><img src=\"https://static.tigerbbs.com/aba6f2b8dd670875cb7a0942c5fd95f0\" tg-width=\"500\" tg-height=\"399\">Derived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,<b>bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.</b></p>\n<p>As the demand for gold is not dependent on a network,<b>it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.</b>Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.</p>\n<p><b>Transactions drive value, creating a risk-on asset</b></p>\n<p>Crypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,<b>crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.</b>Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.<b>Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.</b>Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.<b>This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.</b></p>\n<p>Crypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.</p>\n<p><img src=\"https://static.tigerbbs.com/e2873efa55fd8073c76445c1cdc110f9\" tg-width=\"500\" tg-height=\"390\"></p>\n<p><b>So what is crypto? A powerful networking effect</b></p>\n<p>The network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.</p>\n<p><b>Because the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.</b>After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.</p>\n<p><b>It’s all about information</b></p>\n<p>As the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.<u><b>In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.</b></u></p>\n<p>Over time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.<b><u>A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today</u></b><b>.</b></p>\n<p><b>Crypto beyond this boom and bust cycle</b></p>\n<p>By many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.<b>While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.</b>This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.</p>\n<p>Ethereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—<b>which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.</b>For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.<b>PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.</b>PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,<b>this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.</b></p>\n<p>While overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.</p>\n<p><b>For Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.</b>If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.</p>\n<p>In summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Expands Crypto-Trading Desk By Offering Ether Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Expands Crypto-Trading Desk By Offering Ether Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc.","JPM":"摩根大通","GS":"高盛"},"source_url":"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135158450","content_text":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.\nAfter its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.\nBecause on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.\nEven JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).\nAccording to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.\n\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n\nCircling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.\nThe term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.\nIn order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.\nFrom this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.\nThat said, because the network is decentralized and anonymous,legal challenges facing future growth for crypto assets loom large.Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.\nAs a result,the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.\nThe network creates the value, unlike other commodities\nUnlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.At the other extreme, gold doesn’t require a network at all.\nDerived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.\nAs the demand for gold is not dependent on a network,it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.\nTransactions drive value, creating a risk-on asset\nCrypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.\nCrypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.\n\nSo what is crypto? A powerful networking effect\nThe network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.\nBecause the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.\nIt’s all about information\nAs the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.\nOver time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today.\nCrypto beyond this boom and bust cycle\nBy many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.\nEthereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.\nWhile overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.\nFor Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.\nIn summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.","news_type":1,"symbols_score_info":{"GBTC":0.9,"JPM":0.9,"COIN":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187225683,"gmtCreate":1623756211742,"gmtModify":1703818232238,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554754854784723","idStr":"3554754854784723"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187225683","repostId":"1135158450","repostType":4,"repost":{"id":"1135158450","kind":"news","pubTimestamp":1623750495,"share":"https://ttm.financial/m/news/1135158450?lang=&edition=fundamental","pubTime":"2021-06-15 17:48","market":"us","language":"en","title":"Goldman Expands Crypto-Trading Desk By Offering Ether Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1135158450","media":"zerohedge","summary":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman S","content":"<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.</p>\n<p>After its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.</p>\n<p>Because on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.</p>\n<p>Even JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).</p>\n<p>According to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.</p>\n<blockquote>\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n</blockquote>\n<p>Circling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.</p>\n<p>The term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,<b>the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.</b>As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.<b>The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.</b>In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.</p>\n<p>In order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.</p>\n<p>From this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.</p>\n<p>That said, because the network is decentralized and anonymous,<b>legal challenges facing future growth for crypto assets loom large.</b>Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.</p>\n<p>As a result,<b>the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.</b>However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.</p>\n<p><b>The network creates the value, unlike other commodities</b></p>\n<p>Unlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.<b>At the other extreme, gold doesn’t require a network at all.</b></p>\n<p><img src=\"https://static.tigerbbs.com/aba6f2b8dd670875cb7a0942c5fd95f0\" tg-width=\"500\" tg-height=\"399\">Derived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,<b>bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.</b></p>\n<p>As the demand for gold is not dependent on a network,<b>it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.</b>Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.</p>\n<p><b>Transactions drive value, creating a risk-on asset</b></p>\n<p>Crypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,<b>crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.</b>Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.<b>Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.</b>Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.<b>This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.</b></p>\n<p>Crypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.</p>\n<p><img src=\"https://static.tigerbbs.com/e2873efa55fd8073c76445c1cdc110f9\" tg-width=\"500\" tg-height=\"390\"></p>\n<p><b>So what is crypto? A powerful networking effect</b></p>\n<p>The network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.</p>\n<p><b>Because the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.</b>After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.</p>\n<p><b>It’s all about information</b></p>\n<p>As the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.<u><b>In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.</b></u></p>\n<p>Over time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.<b><u>A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today</u></b><b>.</b></p>\n<p><b>Crypto beyond this boom and bust cycle</b></p>\n<p>By many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.<b>While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.</b>This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.</p>\n<p>Ethereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—<b>which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.</b>For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.<b>PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.</b>PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,<b>this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.</b></p>\n<p>While overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.</p>\n<p><b>For Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.</b>If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.</p>\n<p>In summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Expands Crypto-Trading Desk By Offering Ether Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Expands Crypto-Trading Desk By Offering Ether Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc.","JPM":"摩根大通","GS":"高盛"},"source_url":"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135158450","content_text":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.\nAfter its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.\nBecause on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.\nEven JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).\nAccording to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.\n\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n\nCircling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.\nThe term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.\nIn order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.\nFrom this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.\nThat said, because the network is decentralized and anonymous,legal challenges facing future growth for crypto assets loom large.Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.\nAs a result,the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.\nThe network creates the value, unlike other commodities\nUnlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.At the other extreme, gold doesn’t require a network at all.\nDerived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.\nAs the demand for gold is not dependent on a network,it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.\nTransactions drive value, creating a risk-on asset\nCrypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.\nCrypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.\n\nSo what is crypto? A powerful networking effect\nThe network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.\nBecause the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.\nIt’s all about information\nAs the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.\nOver time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today.\nCrypto beyond this boom and bust cycle\nBy many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.\nEthereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.\nWhile overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.\nFor Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.\nIn summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.","news_type":1,"symbols_score_info":{"GBTC":0.9,"JPM":0.9,"COIN":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185599862,"gmtCreate":1623658366756,"gmtModify":1704207973951,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554754854784723","idStr":"3554754854784723"},"themes":[],"htmlText":"Yessss pls like n comment","listText":"Yessss pls like n comment","text":"Yessss pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185599862","repostId":"1101734335","repostType":4,"isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186032347,"gmtCreate":1623464710189,"gmtModify":1704204355800,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554754854784723","idStr":"3554754854784723"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/186032347","repostId":"2142823202","repostType":4,"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":170230000,"gmtCreate":1626433791300,"gmtModify":1703760075113,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Like comment pls","listText":"Like comment pls","text":"Like comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/170230000","repostId":"1188067627","repostType":4,"isVote":1,"tweetType":1,"viewCount":2919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137299034,"gmtCreate":1622347573328,"gmtModify":1704183314404,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like my comment","listText":"Pls like my comment","text":"Pls like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/137299034","repostId":"2138765488","repostType":4,"repost":{"id":"2138765488","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622215232,"share":"https://ttm.financial/m/news/2138765488?lang=&edition=fundamental","pubTime":"2021-05-28 23:20","market":"us","language":"en","title":"Tesla shares dip on recall rumors","url":"https://stock-news.laohu8.com/highlight/detail?id=2138765488","media":"Reuters","summary":"May 28  - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","content":"<p>May 28 (Reuters) - Shares of Tesla Inc&nbsp;fell more than 1% on Friday after an unverified tweet&nbsp;said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares dip on recall rumors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares dip on recall rumors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-28 23:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 28 (Reuters) - Shares of Tesla Inc&nbsp;fell more than 1% on Friday after an unverified tweet&nbsp;said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138765488","content_text":"May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114701663,"gmtCreate":1623102681452,"gmtModify":1704195937448,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114701663","repostId":"1186461122","repostType":4,"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137290430,"gmtCreate":1622347553420,"gmtModify":1704183314081,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Come on like this comment","listText":"Come on like this comment","text":"Come on like this comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/137290430","repostId":"2138488778","repostType":4,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573775111920367","authorId":"3573775111920367","name":"Tiongwee","avatar":"https://static.tigerbbs.com/e90910e406e67c77f42e225b16b69020","crmLevel":11,"crmLevelSwitch":0,"idStr":"3573775111920367","authorIdStr":"3573775111920367"},"content":"Ok. Please reply back.","text":"Ok. Please reply back.","html":"Ok. Please reply back."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384996859,"gmtCreate":1613604173471,"gmtModify":1704882562508,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>fasly ur earnings not too bad, should bounce soon","listText":"<a href=\"https://laohu8.com/S/FSLY\">$Fastly, Inc.(FSLY)$</a>fasly ur earnings not too bad, should bounce soon","text":"$Fastly, Inc.(FSLY)$fasly ur earnings not too bad, should bounce soon","images":[{"img":"https://static.tigerbbs.com/b2631fb19643c84f0780cad1a659e1e2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/384996859","isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":129650316,"gmtCreate":1624371851035,"gmtModify":1703834769127,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like n comment!!!","listText":"Pls like n comment!!!","text":"Pls like n comment!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129650316","repostId":"2145052069","repostType":4,"isVote":1,"tweetType":1,"viewCount":685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119853366,"gmtCreate":1622536934255,"gmtModify":1704185847014,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Yea worthless, pls like and comment","listText":"Yea worthless, pls like and comment","text":"Yea worthless, pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/119853366","repostId":"1129339732","repostType":4,"repost":{"id":"1129339732","kind":"news","pubTimestamp":1622535760,"share":"https://ttm.financial/m/news/1129339732?lang=&edition=fundamental","pubTime":"2021-06-01 16:22","market":"hk","language":"en","title":"'Cryptocurrencies Are Worthless' - 3 Great Dividends Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1129339732","media":"seeking alpha","summary":"Summary\n\nSt. Louis Fed Reserve President Bullard stated the obvious: Cryptos are worthless.\nWhile sp","content":"<p>Summary</p>\n<ul>\n <li>St. Louis Fed Reserve President Bullard stated the obvious: Cryptos are worthless.</li>\n <li>While speculating might be fun, most speculators end up broke.</li>\n <li>We take a look at time-tested investments that have paid investors steady recurrent income for decades.</li>\n <li>Don't gamble with your retirement.</li>\n <li>Three great picks to&nbsp;generate high recurrent income for life.</li>\n <li>Looking for a portfolio of ideas like this one? Members of High Dividend Opportunities get exclusive access to our model portfolio.</li>\n</ul>\n<p><i>Co-produced with Beyond Saving</i></p>\n<p>In a very recent interview, Federal Reserve Bank of St. Louis President James Bullardstatedthe obvious:</p>\n<blockquote>\n <i>Most cryptocurrencies are worthless.</i>\n</blockquote>\n<p>While that might be considered blasphemy in some circles, it's the truth.</p>\n<p>While called \"currency,\" cryptos fail to serve as a viable currency. How could any business price their goods or services in any crypto? A currency that can swing 20%-plus up or down in a day is not practical. Businesses that do \"accept\" crypto still price their goods in other currencies.</p>\n<p>For the buyer, attempting to use crypto to buy things carries a lot of risks because the price is constantly changing. The price instability has accelerated, not decelerated as cryptos have expanded.</p>\n<p>So let's call it what it is: Those buying crypto are not doing so to use it as a currency to buy pizza. They're doing so primarily with the intent to speculate. In other words, they hope that in the future, they will find someone who is willing to pay them more U.S. dollars or Euros for their crypto coin than they paid. Ironically, most of those buying \"cryptocurrencies\" are doing it with the goal of getting more centralized currency!</p>\n<p>We find it a bit difficult to maintain a straight face when we read about the \"fundamentals\" of these currencies and then a tweet from an eccentric billionaire is pointed to as the cause for the currency's market cap going up or down by billions of dollars.</p>\n<p><img src=\"https://static.tigerbbs.com/cc82ebc98d64b587a223e085118b4280\" tg-width=\"387\" tg-height=\"404\" referrerpolicy=\"no-referrer\"><i>Source: Shutterstock</i></p>\n<p>If you wish to step on the speculation bandwagon, by all means, don't let us stop you. But recognize that what you are doing is more akin to playing a slot machine than \"investing.\" Slot machines are fun and are sometimes insanely profitable, but putting your life savings into them is irresponsible. The harsh reality is that even if one or two cryptocurrencies are here to stay, the majority of them will disappear and the people who own them will have nothing to show for it.</p>\n<p>For those who are looking to ensure they have a secure future, let's look at three great dividend-paying stocks. These stocks have tangible value, supported by companies that are providing real goods and services. They have paid their shareholders dividends for decades. Plus, you don't have to hope for someone to pay you more than you paid to realize your gains. You are paid a regular dividend in cash. You know, cash that you can touch, see and smell!</p>\n<p><img src=\"https://static.tigerbbs.com/f90ee37147054b3f8145994e76404e80\" tg-width=\"406\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><i>Source: Dreamstime</i></p>\n<p><b>Pick #1: Realty Income (O) - Yield 4.1%</b></p>\n<p>O is one of the few REITs to obtain \"Dividend Aristocrat\" status. From owning a single Taco Bell in the late '60s, to over 5,000 properties today, O has proven the advantages of being a passive landlord. Their \"triple-net\" structure means that most \"property level\" expenses are the responsibility of the tenant. This means that their business model is easily scalable.</p>\n<p>O is a dividend wonder, and has paid 610 consecutive monthly dividend payments. That's over 50 years! Just since 1994, O has increased their dividend 110 times! In fact, O has recently raised their dividend 5-6 times a year, the last time they \"only\" raised it once a quarter was in 2014.</p>\n<p><img src=\"https://static.tigerbbs.com/cdc3124ce4b62fe474ddd968d72eef2f\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source:Realty Income</i></p>\n<p>Additionally, O has the best cost of capital in their sector with an \"A\" graded balance sheet. Now, O is using their cost of capital advantages for acquiring VEREIT (VER), a deal that will be immediately beneficial for shareholders and will provide plenty of room for improvements over time as O uses their A-grade balance sheet to refinance VER's old debt to more attractive rates.</p>\n<p>O is the king of REITs, and today, it's incredibly undervalued. When aristocrats go on sale, buy them.</p>\n<p>Pick #2: Antero Midstream (AM) - Yield 9.1%</p>\n<p>Antero Midstream has grown some legs and walked up to the $10 before retreating and consolidating. Currently, it offers a 9.1% yield.</p>\n<p>Natural gas prices have remained strong meaning that AM and its parent Antero Resources (AR) will continue to see strength. With inflation pushing up prices on common goods, energy names work as a good inflationary hedge as their underlying commodities tend to lead the charge in rising prices. Natural gas is up nearly 50% in the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/7a8395277d320ccd52c129f40c729a76\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\">Commodities are the place to be when inflation is happening and AM will pay you a generous 9.1% yield, which is well covered. In addition to covering their dividend, AM expects that their free cash flow will be sufficient to self-fund all current and backlogged projects through 2025. This will allow them to grow earnings without increasing leverage. Additionally, they expect to have approximately $0.5 billion through 2025 that they will use to deleverage and buy back stock.</p>\n<p>It's rare that a company yielding over 9% is in such a strong financial position that they can fund their capex, deleverage, buy back stock and pay a 9%-plus yield on their dividend.</p>\n<p><img src=\"https://static.tigerbbs.com/1a1d4472f073d5f84031c64226adc4ef\" tg-width=\"574\" tg-height=\"274\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Dreamstime</i></p>\n<p>Pick #3:<b>PIMCOCorporate &amp; Income Opportunity Fund</b>(PTY) - Yield 7.9%</p>\n<p>Most bond funds simply buy and hold classes of bonds. They will have one strategy and stick with it, regardless of what's happening in the macro environment.</p>\n<p>PIMCO has a well-deserved reputation as an elite manager, and that reputation comes because PIMCO is very active at repositioning its funds to adapt to changing macro-conditions. PIMCO is frequently ahead of the curve, and that has allowed investors to routinely outperform equities with a bond fund. Despite being a \"bond\" fund, PTY has managed to outperform the S&amp;P 500 handily over their history.</p>\n<p><img src=\"https://static.tigerbbs.com/1509d2de60e7c9383a4a69684cd5666a\" tg-width=\"635\" tg-height=\"371\" referrerpolicy=\"no-referrer\">Data by YCharts</p>\n<p>PTY is actively involved in the high-yield corporate bond markets, emerging markets, and mortgage markets, as they use their superior research to gain an edge.</p>\n<p>PTY pays a monthly dividend of $0.13, and frequently they will pay a \"special\" dividend in December. PTY provides you with a minimum yield of 7.9%, which from time to time gets bigger when PTY has a good year.</p>\n<p>When I'm allocating funds in my brokerage account, my PIMCO fund gets a large position. For those who are looking for solid dividend income over the long haul, you can always trust PIMCO.</p>\n<p><img src=\"https://static.tigerbbs.com/f1ee0c4da01efe56999c0ec46c88cd55\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"><i>Source: Dreamstime</i></p>\n<p>Conclusion</p>\n<p>Gambling is something that many people simply enjoy doing. The rush you get when you \"win,\" the thrill of seeing large swings that get your heart pumping and your adrenaline up – we get it. We've been there too. In retirement, many people love to go hit the casino and gamble. Gamble in your retirement – don't gamble<i>with</i>your retirement.</p>\n<p>With these three picks, you will be collecting immediate yield upfront, plus you see your income grow over the years. Unrealized gains are just that – unrealized. Those who hold the \"crypto coin of the day\" that's pushed by their favorite celebrity will be dreaming of the millions they will have, even as their gains slip away, – or their capital disappears.</p>\n<p>Dividends in your pocket are real returns that you have right now. You can collect your dividends now, and have confidence that these three picks will continue to pay you for decades to come.</p>\n<p>Remember, as income investors, no matter what happens to the markets, whether they go up or down, each time we collect our next check, we win again. This is why I love my dividends.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Cryptocurrencies Are Worthless' - 3 Great Dividends Instead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Cryptocurrencies Are Worthless' - 3 Great Dividends Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 16:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432033-cryptocurrencies-are-worthless-3-great-dividends-instead><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSt. Louis Fed Reserve President Bullard stated the obvious: Cryptos are worthless.\nWhile speculating might be fun, most speculators end up broke.\nWe take a look at time-tested investments ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432033-cryptocurrencies-are-worthless-3-great-dividends-instead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4432033-cryptocurrencies-are-worthless-3-great-dividends-instead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129339732","content_text":"Summary\n\nSt. Louis Fed Reserve President Bullard stated the obvious: Cryptos are worthless.\nWhile speculating might be fun, most speculators end up broke.\nWe take a look at time-tested investments that have paid investors steady recurrent income for decades.\nDon't gamble with your retirement.\nThree great picks to generate high recurrent income for life.\nLooking for a portfolio of ideas like this one? Members of High Dividend Opportunities get exclusive access to our model portfolio.\n\nCo-produced with Beyond Saving\nIn a very recent interview, Federal Reserve Bank of St. Louis President James Bullardstatedthe obvious:\n\nMost cryptocurrencies are worthless.\n\nWhile that might be considered blasphemy in some circles, it's the truth.\nWhile called \"currency,\" cryptos fail to serve as a viable currency. How could any business price their goods or services in any crypto? A currency that can swing 20%-plus up or down in a day is not practical. Businesses that do \"accept\" crypto still price their goods in other currencies.\nFor the buyer, attempting to use crypto to buy things carries a lot of risks because the price is constantly changing. The price instability has accelerated, not decelerated as cryptos have expanded.\nSo let's call it what it is: Those buying crypto are not doing so to use it as a currency to buy pizza. They're doing so primarily with the intent to speculate. In other words, they hope that in the future, they will find someone who is willing to pay them more U.S. dollars or Euros for their crypto coin than they paid. Ironically, most of those buying \"cryptocurrencies\" are doing it with the goal of getting more centralized currency!\nWe find it a bit difficult to maintain a straight face when we read about the \"fundamentals\" of these currencies and then a tweet from an eccentric billionaire is pointed to as the cause for the currency's market cap going up or down by billions of dollars.\nSource: Shutterstock\nIf you wish to step on the speculation bandwagon, by all means, don't let us stop you. But recognize that what you are doing is more akin to playing a slot machine than \"investing.\" Slot machines are fun and are sometimes insanely profitable, but putting your life savings into them is irresponsible. The harsh reality is that even if one or two cryptocurrencies are here to stay, the majority of them will disappear and the people who own them will have nothing to show for it.\nFor those who are looking to ensure they have a secure future, let's look at three great dividend-paying stocks. These stocks have tangible value, supported by companies that are providing real goods and services. They have paid their shareholders dividends for decades. Plus, you don't have to hope for someone to pay you more than you paid to realize your gains. You are paid a regular dividend in cash. You know, cash that you can touch, see and smell!\nSource: Dreamstime\nPick #1: Realty Income (O) - Yield 4.1%\nO is one of the few REITs to obtain \"Dividend Aristocrat\" status. From owning a single Taco Bell in the late '60s, to over 5,000 properties today, O has proven the advantages of being a passive landlord. Their \"triple-net\" structure means that most \"property level\" expenses are the responsibility of the tenant. This means that their business model is easily scalable.\nO is a dividend wonder, and has paid 610 consecutive monthly dividend payments. That's over 50 years! Just since 1994, O has increased their dividend 110 times! In fact, O has recently raised their dividend 5-6 times a year, the last time they \"only\" raised it once a quarter was in 2014.\n\nSource:Realty Income\nAdditionally, O has the best cost of capital in their sector with an \"A\" graded balance sheet. Now, O is using their cost of capital advantages for acquiring VEREIT (VER), a deal that will be immediately beneficial for shareholders and will provide plenty of room for improvements over time as O uses their A-grade balance sheet to refinance VER's old debt to more attractive rates.\nO is the king of REITs, and today, it's incredibly undervalued. When aristocrats go on sale, buy them.\nPick #2: Antero Midstream (AM) - Yield 9.1%\nAntero Midstream has grown some legs and walked up to the $10 before retreating and consolidating. Currently, it offers a 9.1% yield.\nNatural gas prices have remained strong meaning that AM and its parent Antero Resources (AR) will continue to see strength. With inflation pushing up prices on common goods, energy names work as a good inflationary hedge as their underlying commodities tend to lead the charge in rising prices. Natural gas is up nearly 50% in the past year.\nCommodities are the place to be when inflation is happening and AM will pay you a generous 9.1% yield, which is well covered. In addition to covering their dividend, AM expects that their free cash flow will be sufficient to self-fund all current and backlogged projects through 2025. This will allow them to grow earnings without increasing leverage. Additionally, they expect to have approximately $0.5 billion through 2025 that they will use to deleverage and buy back stock.\nIt's rare that a company yielding over 9% is in such a strong financial position that they can fund their capex, deleverage, buy back stock and pay a 9%-plus yield on their dividend.\n\nSource: Dreamstime\nPick #3:PIMCOCorporate & Income Opportunity Fund(PTY) - Yield 7.9%\nMost bond funds simply buy and hold classes of bonds. They will have one strategy and stick with it, regardless of what's happening in the macro environment.\nPIMCO has a well-deserved reputation as an elite manager, and that reputation comes because PIMCO is very active at repositioning its funds to adapt to changing macro-conditions. PIMCO is frequently ahead of the curve, and that has allowed investors to routinely outperform equities with a bond fund. Despite being a \"bond\" fund, PTY has managed to outperform the S&P 500 handily over their history.\nData by YCharts\nPTY is actively involved in the high-yield corporate bond markets, emerging markets, and mortgage markets, as they use their superior research to gain an edge.\nPTY pays a monthly dividend of $0.13, and frequently they will pay a \"special\" dividend in December. PTY provides you with a minimum yield of 7.9%, which from time to time gets bigger when PTY has a good year.\nWhen I'm allocating funds in my brokerage account, my PIMCO fund gets a large position. For those who are looking for solid dividend income over the long haul, you can always trust PIMCO.\nSource: Dreamstime\nConclusion\nGambling is something that many people simply enjoy doing. The rush you get when you \"win,\" the thrill of seeing large swings that get your heart pumping and your adrenaline up – we get it. We've been there too. In retirement, many people love to go hit the casino and gamble. Gamble in your retirement – don't gamblewithyour retirement.\nWith these three picks, you will be collecting immediate yield upfront, plus you see your income grow over the years. Unrealized gains are just that – unrealized. Those who hold the \"crypto coin of the day\" that's pushed by their favorite celebrity will be dreaming of the millions they will have, even as their gains slip away, – or their capital disappears.\nDividends in your pocket are real returns that you have right now. You can collect your dividends now, and have confidence that these three picks will continue to pay you for decades to come.\nRemember, as income investors, no matter what happens to the markets, whether they go up or down, each time we collect our next check, we win again. This is why I love my dividends.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582431165926620","authorId":"3582431165926620","name":"YoshiTei","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582431165926620","authorIdStr":"3582431165926620"},"content":"help reply","text":"help reply","html":"help reply"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890331983,"gmtCreate":1628082395142,"gmtModify":1703500844234,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/890331983","repostId":"1139595517","repostType":4,"isVote":1,"tweetType":1,"viewCount":2636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153196380,"gmtCreate":1625012558040,"gmtModify":1703849999128,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153196380","repostId":"2147860000","repostType":4,"isVote":1,"tweetType":1,"viewCount":2777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126225992,"gmtCreate":1624576567316,"gmtModify":1703840560250,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"I will buy","listText":"I will buy","text":"I will buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/126225992","repostId":"1159660883","repostType":4,"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185599862,"gmtCreate":1623658366756,"gmtModify":1704207973951,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Yessss pls like n comment","listText":"Yessss pls like n comment","text":"Yessss pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185599862","repostId":"1101734335","repostType":4,"isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115614781,"gmtCreate":1622985512543,"gmtModify":1704194079125,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/115614781","repostId":"1156802172","repostType":4,"repost":{"id":"1156802172","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Begins Prepping For Nio Day 2021: What We Know So Far</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113068845,"gmtCreate":1622586781787,"gmtModify":1704186643057,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n 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half","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/325730367","isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805587438,"gmtCreate":1627892203724,"gmtModify":1703497310325,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805587438","repostId":"1101994060","repostType":4,"isVote":1,"tweetType":1,"viewCount":3063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142413439,"gmtCreate":1626167253621,"gmtModify":1703754684457,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/142413439","repostId":"2151524845","repostType":4,"isVote":1,"tweetType":1,"viewCount":2456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143187107,"gmtCreate":1625782196409,"gmtModify":1703748283022,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143187107","repostId":"1145034030","repostType":4,"isVote":1,"tweetType":1,"viewCount":2678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189932248,"gmtCreate":1623238624984,"gmtModify":1704199014725,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"Please comment nblike","listText":"Please comment nblike","text":"Please comment nblike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/189932248","repostId":"1106010387","repostType":4,"repost":{"id":"1106010387","kind":"news","pubTimestamp":1623238545,"share":"https://ttm.financial/m/news/1106010387?lang=&edition=fundamental","pubTime":"2021-06-09 19:35","market":"us","language":"en","title":"UPS Issues 2023 Profit Guidance, Pledges to Be Carbon Neutral by 2050","url":"https://stock-news.laohu8.com/highlight/detail?id=1106010387","media":"The Street","summary":"Our strategic priorities are evolving to reflect the changing needs of our customers and our busines","content":"<blockquote>\n Our strategic priorities are evolving to reflect the changing needs of our customers and our business, and what matters most to our stakeholders,” said CEO Carol Tomé.\n</blockquote>\n<p>United Parcel Service&nbsp;(<b>UPS</b>) -Get Report&nbsp;published 2023 financial targets Wednesday, forecasting full year revenues of around $100 billion, as the world's largest delivery group aims to be 'carbon neutral' by 2050.</p>\n<p>In a statement publish ahead of its annual investor day presentation in Atlanta, UPS, which held back from providing full-year guidance following record first quarter earnings in April, said 2023 revenues should range between $98 billion and $102 billion this year -- an 18.2% increase from 2020 levels -- with&nbsp;consolidated operating margins of between 12.7% and 13.7%.</p>\n<p>UPS also unveiled a series of company-wide ESG targets, including a pledge to be carbon neutral across \"1, 2 and 3 emissions in its global operations\" by 2050, with a 50% reduction in CO2 per package delivered from its small package operations and all of its facilities powered by renewable electricity.</p>\n<p>“We are creating a new UPS, rooted in the values of the company. Our strategic priorities are evolving to reflect the changing needs of our customers and our business, and what matters most to our stakeholders,” said CEO Carol Tomé.</p>\n<p>UPS shares were marked 0.4% lower in pre-market trading Wednesday to indicate an opening bell price of $209.00 each, a move that would trim the stock's year-to-date gain to around 24.2%.</p>\n<p>UPS, which partnered with the U.S. government in delivering COIVD-19 vaccines around the country, posted a near tripling of adjusted earnings in its fiscal first quarter under new CEO&nbsp;Tomé&nbsp;, with a bottom line of $2.77 per share on revenues of $22.9 billion.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPS Issues 2023 Profit Guidance, Pledges to Be Carbon Neutral by 2050</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUPS Issues 2023 Profit Guidance, Pledges to Be Carbon Neutral by 2050\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/ups-issues-2023-profit-guidance-pledges-carbon-neutral-by-2050><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Our strategic priorities are evolving to reflect the changing needs of our customers and our business, and what matters most to our stakeholders,” said CEO Carol Tomé.\n\nUnited Parcel Service (UPS) -...</p>\n\n<a href=\"https://www.thestreet.com/investing/ups-issues-2023-profit-guidance-pledges-carbon-neutral-by-2050\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPS":"联合包裹"},"source_url":"https://www.thestreet.com/investing/ups-issues-2023-profit-guidance-pledges-carbon-neutral-by-2050","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106010387","content_text":"Our strategic priorities are evolving to reflect the changing needs of our customers and our business, and what matters most to our stakeholders,” said CEO Carol Tomé.\n\nUnited Parcel Service (UPS) -Get Report published 2023 financial targets Wednesday, forecasting full year revenues of around $100 billion, as the world's largest delivery group aims to be 'carbon neutral' by 2050.\nIn a statement publish ahead of its annual investor day presentation in Atlanta, UPS, which held back from providing full-year guidance following record first quarter earnings in April, said 2023 revenues should range between $98 billion and $102 billion this year -- an 18.2% increase from 2020 levels -- with consolidated operating margins of between 12.7% and 13.7%.\nUPS also unveiled a series of company-wide ESG targets, including a pledge to be carbon neutral across \"1, 2 and 3 emissions in its global operations\" by 2050, with a 50% reduction in CO2 per package delivered from its small package operations and all of its facilities powered by renewable electricity.\n“We are creating a new UPS, rooted in the values of the company. Our strategic priorities are evolving to reflect the changing needs of our customers and our business, and what matters most to our stakeholders,” said CEO Carol Tomé.\nUPS shares were marked 0.4% lower in pre-market trading Wednesday to indicate an opening bell price of $209.00 each, a move that would trim the stock's year-to-date gain to around 24.2%.\nUPS, which partnered with the U.S. government in delivering COIVD-19 vaccines around the country, posted a near tripling of adjusted earnings in its fiscal first quarter under new CEO Tomé , with a bottom line of $2.77 per share on revenues of $22.9 billion.","news_type":1,"symbols_score_info":{"UPS":0.9}},"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118211570,"gmtCreate":1622733268090,"gmtModify":1704190128604,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>pls like n comment","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>pls like n comment","text":"$Square(SQ)$pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118211570","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139323781,"gmtCreate":1621594051843,"gmtModify":1704360231621,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"themes":[],"htmlText":"This is good","listText":"This is good","text":"This is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139323781","repostId":"1114639539","repostType":4,"repost":{"id":"1114639539","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621592770,"share":"https://ttm.financial/m/news/1114639539?lang=&edition=fundamental","pubTime":"2021-05-21 18:26","market":"us","language":"en","title":"Apple Supplier TSMC On How Repeat Of Crippling Chip Shortage Can Be Avoided In Future","url":"https://stock-news.laohu8.com/highlight/detail?id=1114639539","media":"Benzinga","summary":"Taiwan Semiconductor Manufacturing Co TSM said the automotive industry needs to modernize its “Just-","content":"<p><b>Taiwan Semiconductor Manufacturing Co</b>&nbsp;TSM&nbsp;said&nbsp;the automotive industry needs to modernize its “Just-in-time” supply chain practices to avoid a similar semiconductor shortage as the ongoing one&nbsp;in the future, Reutersreported&nbsp;Friday.</p><p><b>What Happened:</b>&nbsp;The world’s largest chipmaker has significantly increased 2021 output for a key automotive semiconductor component amid the ongoing global chip shortage, the report said.</p><p>TSMC managed to increase output for MCUs (microcontrollers) by 60% over the 2020 level, which when compared with the pre-pandemic level is a 30% increase over 2019, the report said.</p><p>In the first quarter, sales for TSMC’s auto chipsjumped31% from the previous quarter, representing only 4% of overall sales.</p><p>TSMC is among the growing voices advocating that&nbsp;it is time for the industry&nbsp;to modernize&nbsp;the just-in-time auto supply chain model first adopted by<b>Toyota Motor Corp</b>TM 0.06%decades ago which later became an industry standard.</p><p>Chip equipment maker&nbsp;<b>Applied Materials Inc</b>&nbsp;AMAT&nbsp;on Thursday warned the current capacity shortfalls reflect how the highly efficient, just-in-time practice to fill scarcity may not be effective going forward.</p><p><b>Why It Matters:</b>&nbsp;The global chip shortage has forced automakers across the world to halt production lines and the shortage is now impacting consumer electronics as well including&nbsp;<b>Apple Inc</b>&nbsp;AAPL, akey clientfor the Taiwan-based TSMC.</p><p>President Joe Biden hadsoughta $50 billion congressional funding to drive U.S. semiconductor production and research. U.S. Commerce Secretary Gina Raimondo on Thursday held meetings with industry leaders to discuss the semiconductor shortage and said the U.S. could help boost transparency in the market.</p><p><b>Price Action:</b>&nbsp;TSM shares closed 0.78% higher at $1130.28 on Thursday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Supplier TSMC On How Repeat Of Crippling Chip Shortage Can Be Avoided In Future</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Supplier TSMC On How Repeat Of Crippling Chip Shortage Can Be Avoided In Future\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-21 18:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Taiwan Semiconductor Manufacturing Co</b>&nbsp;TSM&nbsp;said&nbsp;the automotive industry needs to modernize its “Just-in-time” supply chain practices to avoid a similar semiconductor shortage as the ongoing one&nbsp;in the future, Reutersreported&nbsp;Friday.</p><p><b>What Happened:</b>&nbsp;The world’s largest chipmaker has significantly increased 2021 output for a key automotive semiconductor component amid the ongoing global chip shortage, the report said.</p><p>TSMC managed to increase output for MCUs (microcontrollers) by 60% over the 2020 level, which when compared with the pre-pandemic level is a 30% increase over 2019, the report said.</p><p>In the first quarter, sales for TSMC’s auto chipsjumped31% from the previous quarter, representing only 4% of overall sales.</p><p>TSMC is among the growing voices advocating that&nbsp;it is time for the industry&nbsp;to modernize&nbsp;the just-in-time auto supply chain model first adopted by<b>Toyota Motor Corp</b>TM 0.06%decades ago which later became an industry standard.</p><p>Chip equipment maker&nbsp;<b>Applied Materials Inc</b>&nbsp;AMAT&nbsp;on Thursday warned the current capacity shortfalls reflect how the highly efficient, just-in-time practice to fill scarcity may not be effective going forward.</p><p><b>Why It Matters:</b>&nbsp;The global chip shortage has forced automakers across the world to halt production lines and the shortage is now impacting consumer electronics as well including&nbsp;<b>Apple Inc</b>&nbsp;AAPL, akey clientfor the Taiwan-based TSMC.</p><p>President Joe Biden hadsoughta $50 billion congressional funding to drive U.S. semiconductor production and research. U.S. Commerce Secretary Gina Raimondo on Thursday held meetings with industry leaders to discuss the semiconductor shortage and said the U.S. could help boost transparency in the market.</p><p><b>Price Action:</b>&nbsp;TSM shares closed 0.78% higher at $1130.28 on Thursday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114639539","content_text":"Taiwan Semiconductor Manufacturing Co TSM said the automotive industry needs to modernize its “Just-in-time” supply chain practices to avoid a similar semiconductor shortage as the ongoing one in the future, Reutersreported Friday.What Happened: The world’s largest chipmaker has significantly increased 2021 output for a key automotive semiconductor component amid the ongoing global chip shortage, the report said.TSMC managed to increase output for MCUs (microcontrollers) by 60% over the 2020 level, which when compared with the pre-pandemic level is a 30% increase over 2019, the report said.In the first quarter, sales for TSMC’s auto chipsjumped31% from the previous quarter, representing only 4% of overall sales.TSMC is among the growing voices advocating that it is time for the industry to modernize the just-in-time auto supply chain model first adopted byToyota Motor CorpTM 0.06%decades ago which later became an industry standard.Chip equipment maker Applied Materials Inc AMAT on Thursday warned the current capacity shortfalls reflect how the highly efficient, just-in-time practice to fill scarcity may not be effective going forward.Why It Matters: The global chip shortage has forced automakers across the world to halt production lines and the shortage is now impacting consumer electronics as well including Apple Inc AAPL, akey clientfor the Taiwan-based TSMC.President Joe Biden hadsoughta $50 billion congressional funding to drive U.S. semiconductor production and research. U.S. Commerce Secretary Gina Raimondo on Thursday held meetings with industry leaders to discuss the semiconductor shortage and said the U.S. could help boost transparency in the market.Price Action: TSM shares closed 0.78% higher at $1130.28 on Thursday.","news_type":1,"symbols_score_info":{"AAPL":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}