Click on the link to kickstart your crypto portfolio.
https://accounts.binance.com/en/register?ref=117226968
February's crypto exchange volumes made up nearly half the volumes on NYSE Group's stock markets
Crypto exchange volumes have surged over the last few months, and are getting closer to rivaling volumes being clocked in by the world's largest equities exchange.
Exchange volumes tracked by The Block across legitimate venues hit their highest level ever this month. Thus far in April, crypto exchanges saw more than $1.26 trillion, slightly higher than the previous month's $1.17 trillion in volumes.
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Newegg Shoppers Can Now Pay with Dogecoin
LOS ANGELES--(BUSINESS WIRE)--Newegg, one of the leading tech-focused e-retailers in North America, today celebrates #DogeDay by announcing that the company now accepts Dogecoin as an official payment method on Newegg.com.
Reference Link:
https://www.businesswire.com/news/home/20210419005997/en/Newegg-Shoppers-Can-Now-Pay-with-Dogecoin
Time Magazine now accepts bitcoin and other cryptocurrencies for digital subscriptions
The news magazine TIME has partnered with Crypto.com and is now accepting cryptocurrency as a payment method for subscriptions.
An announcement on their website revealed that now users could pay for digital subscriptions in cryptocurrency. A one-time purchase grants subscribers unlimited access to TIME’s content for 18 months. Plus invitations to events and other exclusives.
Reference Link:
https://finance.yahoo.com/news/time-magazine-now-accepting-crypto-123433608.html
Papa Securities Corp. (Morning Huddle - Daily News) - August 17, 2017
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Morning Huddle
Daily Summary
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US Tracker
US stocks close higher on gains from Home Depot and United Technologies.
DOW 22,024.87 +25.88 +0.12%
EPHE 35.95 +0.49% +1.38%
PHI 34.34 +0.31 +0.91%
Peso 51.35
TEL Par 1,763 vs 1,740 TEL
Economic News
DOF says without tax reform, the government can only fund half of PhP9tn Build Build Build program. According to Finance Secretary Carlos Dominguez, the Senate version of the tax reform proposal (Senate Bill 1408) is expected to generate PhP169bn in the first year of implementation. Expected loss of PhP126bn from personal income tax cuts will be offset by a larger VAT base, adjustment of excise taxes on fuel, automobiles and sugar-sweetened beverages. The Senate has been deliberating on the package since July 24.
Corporate News
SCC to construct 50MW coal plant. This will be in Antique and will provide power for the baseload requirements of Semirara Island and surrounding off-grid provinces. The plant will likely take 3yrs to complete. DOE will be constructing the delivery cables costing over PhP1.0bn alongside the plant.
Comment:
Using DMC's off-grid generators as benchmark, the 50MW could yield an additional ~PhP2.0bn in revenues (+4.6%) and ~PhP240mn in income (+1.5%).Last 176.0
MWC, IFC eye Asian projects. Manila Water Asia Pacific, a subsidiary of MWC, signed a memorandum of understanding with International Finance Corp. to explore opportunities in providing water, used water, and environmental services in Asia Pacific. Last 31.60.
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Papa Securities Corp. (Morning Huddle - Daily News) - August 18, 2017
August 18, 2017
Daily Summary
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US Tracker
US stocks drop on speculation that Gary Cohn, business friendly advisor to the president, may resign.
DOW 21,750.73 -274.14 -1.24%
EPHE 35.49 -0.46 -1.28%
PHI 34.01 -0.33 -0.96%
Peso 51.35
TEL Par 1,746 vs 1,760 TEL
Economic News
FDI net inflows of US$206.0mn in July. Foreign portfolio investments or ‘hot money’ posted a net inflow of $206 million in July, an improvement from the $72-million net inflow in June, as investors kept their exposure in the local stock market.
PH GDP grew 6.5% in 2Q17. This is slightly above consensus' 6.4% and within the government's 6.5-7.5% target. 1H17 GDP growth now stands at 6.4%. The services sector (+6.1%) grew slower YoY due to relatively relaxed growth in transport and communication. The industry sector, meanwhile, expanded by 7.3% on robust demand of fuel, metal, electronics, and furniture. Agricultural output rose as well by 6.3% on strong production.
Corporate News
SCC looks into entering the RES market. Through its RES arm SCRC, SCC is looking to penetrate the contestable consumer market with a total demand of 3,830MW. This may be in response to its increasing spot exposure, which now accounts for 43% of SLPGC's total volume sales from just 18% last year. Sourcing capacity contracts from the RES market is not a new strategy; EDC and AP have been targeting this space since late last year. SCC last 174.70.
RECENT REPORTS
Upside from generation imminent
CLC: Head in the CloudsExpensive valuations and steep targets
Immaterial impact on MBT from possible full provisioning of fraudulent loans.
EAGLE continues to enjoy a home court advantage vs. imports
Robust project pipeline supported by strong balance sheet and asset tactical maneuvering
Speculation of interest from foreign banks shore up share price
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