Bitcoin and its related technology blockchain has witnessed significant interest in financial services. In part the success of the technology can be measured based on the number of transactions and the bitcoin price, which now stands at $734. That value could increase by eight-fold in less than a decade, a report predicts. The technology is at an important crossroads, a Canaccord Genuity says, as governance and structural issues need to be addressed in order for continued success. Financial services industry most impacted by blockchain as transaction settlements streamlined, as investment year over year flattens Blockchain, the technology behind the transaction ledger…
Canaccord Genuity: Bitcoin Worth $5,739
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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