Bitcoin’s next BIG move is almost here !!!

Please watch this video, (link below)  this this is one of the best crypto channels out there. Alessio Rastani is in my opinion one of the best educated traders.

A little about him :

Alessio Rastani has worked as an independent trader and in research of the financial markets for 10 years and at the age of 40 has become a widely followed commentator, releasing countless reports and online training on subjects ranging from stock markets, technical analysis and trading.

His career as a trader began after the famous dot-com technology crash of 2000, which was a huge learning lesson.

He then sought out some of the best traders in the field to be his mentors. He realised that the only way to good trading was through solid research and the practical learning of market behaviour through use of different algorithms and strategies.

After Alessio graduated with a Law degree in 2003 and having worked at many law firms in London, he decided to quit the 9-5 job. Instead he started what he had always wanted which is to become an independent trader and start his own trading research service.

Alessio enjoys trading the markets, particularly stocks, futures, currencies and commodities.

He is also a passionate speaker on his favourite topic – “charting analysis” – and has been invited to speak at trading seminars in London, USA, the Netherlands and Hong Kong.

In 2011 Alessio was honoured to be interviewed by figures such as Sir David Frost.

Alessio hosts monthly free online training sessions where he gives the most up-to-date information on the markets, trading strategies and chart analysis. He was excited to have nearly 1000 attendees in his last webinar. He provides a simple blueprint for people who are equally interested in trading and analysis.

 

Ripple to $1000 after Swift adoption !!!

Cross-border payments are currently slow, expensive and opaque. Ripple offers sub second efficiently priced payments using a variant of blockchain technology. In response, SWIFT has launched GPII, same day credit of funds, up front pricing and payment tracking. This article explores the two solutions, and what they mean for treasurers.

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Ripple

Ripple is disrupting this model with sub second cross-border payments with automated best pricing from its network. Since Ripple payments are nearly instant, their model removes credit and liquidity risk from the process, thus lowering bank (and societal) costs considerably. Since the network finds the best price for exchange and liquidity, pricing is optimised and customers are no longer locked in to the wide spreads currently reflected in bank board rates.

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Ripple announced 10 new bank customers Wednesday, including BBVA and Bank of Tokyo-Mitsubishi UFJ, bringing the total to 75. The blockchain-savvy newcomer offers a so-called Interledger Protocol for connecting payment networks and distributed ledgers that financial institutions can use to send and settle international payments among one another. Potentially, this would allow them to bypass the traditional correspondent banking model in which a payment makes several hops across a network of banks that have direct relationships. It’s essentially an alternative to Swift, the incumbent and guardian of the correspondent banking model.

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Rising to the challenge, the Society for Worldwide International Financial Telecommunication is adding some modern technology components to its messaging network, which is used by 11,000 banks. It’s working on a FedEx-style tracker for international payments called Global Payments Innovation that bankers have been raving about. GPI, which is due to go live May 23, will provide API access to real-time data about the status of an international payment as it passes through each bank in a correspondent banking chain. Banks will then need to build their own applications that present this information, dashboard-style, to their corporate clients; they may end up making it a screen in an existing electronic banking portal.

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T.B.C…………..

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