Securities And Exchange Commission Mark One Quarterly: Fill & Download for Free

Yes, Most likely there is worse to come.Here’s the reason :Bitcoin's market capitalization has now plunged under $90 billion, falling down further from $110 billion mark that was registered about two weeks ago. Crypto prices collapsed, even the mighty bitcoin is not spared from the crash and still going down below $5000. Nobody is quite sure where the bottom lies.There are many events defining the current collapse; the first one is when The Securities and Exchange Commission announced on Friday the settled charges against two companies (ArrierEQ Inc. (Airfox) and Paragon Coin Inc) that sold digital tokens in initial coin offerings (ICOs) stating they broke the law by selling unlicensed securities. Both the companies have agreed to return funds to infected investors and register the tokens as securities. They are also liable to pay fines and restitution. This event has spooked the crypto investors but the experts who follow the regulatory space knew that this was coming and so much of the event should have been priced into crypto token prices already. Securities Exchange Commission (SEC) issued a statement stating that “Cryptocurrency platforms should not be termed as exchanges since it gives a false impression of regulated activity. Investors are often misguided in believing the cryptocurrency platforms to be SEC-registered and marketplaces that are regulated while actually, they are not“. Even the Financial Services Agency (FSA) emerged with a statement that “Domestic cryptocurrency exchanges will be suspended.” All these factors led to nearly 11 percent plunge in Bitcoin price.The second reason could be last week’s Bitcoin Hard Cash fork. Hard fork eliminated billions from the value of bitcoin and other altcoins which spooked the crypto investors with their chaotic nature in cryptomarkets. It renewed centralization concerns over Bitcoin Cash. There's been major community in-fighting among the BCH and BTC camps regarding what is the “authentic” Bitcoin which led to a confusion on Coinbase. This resulted in Coinbase shutting down BCH trading within minutes. Later BCH was brought up again but it was badly affected. This hurt the price of Bitcoin Cash which also impacted other altcoins disrupting the crypto markets. But the Bitcoin Cash has been dodged in nature so, time will tell how it triggered the fall of the market.The third reason could be the bad news from the Giant chip makers Nvidia and Advanced Micro Devices, which recently reported drastic 20% sales declines for cryptocurrency equipment in the release of its fiscal third-quarter reports.One of the recent reports from Bloomberg revealed that a set of 1000 investors possess 40 percent of all Bitcoin. This means that they all together have the potential to manipulate the marketplace. Crypto prices are in free fall and no one’s sure where the bottom lies, only time will tell.Vishal writes✍️...

From the quarterly Financial Statements of those commercial banks which are Public Companies and whose stock is thus traded on the Stock Markets. Such data is filed with the U.S. Securities and Exchange Commission (SEC) in Form 10-Q, and is available online through SEC Electronic Data-Gathering, Analysis, and Retrieval (EDGAR):SEC.gov | Filings & FormsEach bank is required to report the size of its total loan portfolio, and will also report in their Balance Sheets something akin to "provision (or allowance) for bad (uncollectible) debt." A simple calculation here will give you a percentage of non-performing loans over that single bank's portfolio.Perform this data collection/calculation over all publicly traded banks, and you'll have a reasonable snapshot of the amount of bad debt in the USA.The main problem with this simple approach is that I don't know if the Generally Accepted Accounting Principles (GAAP) has a sufficiently specific definition of "bad (uncollectible) debt" - a bank may very well opine that any given loan is (or is not) collectible sometime in the future, and thus choose to add it to the balance sheet line for "bad debt" (or not). Garrick Saito may well have more to add about this issue. See alsoGAAP Rules for Bad DebtOne might also seek clarity in FDIC banking regulations on the question of what constitutes "bad debt."The practice by banks of not recognizing potentially bad debt is colloquially known as "extend & pretend" (fun exercise: search for that phrase in The Wall Street Journal) since it has direct impact on the solvency of a bank, and in their defense, sometimes exercising forbearance gives positive results. This is also what the controversy over Mark to Market Valuation of bank assets is all about – Warren Buffett's annual Berkshire Hathaway (company) investor letters have had some interesting insights into this issue over the last decade.Finally, not all banks are publicly traded (mostly just the biggest ones), and there are over 6,500 commercial/retail banks in the USA, thus your bad debt snapshot will not be complete - merely indicative.Banking in the United States

There are 3 major cryptocurrencies that have been underrated. Investing in those cryptocurrencies are opportunities a lot of people have not yet discovered. The cryptocurrencies that are underrated include ethereum(ETH),bitcoin cash(BCH) and Litecoin(LTC). These cryptocurrencies can be invested on the platform underatedcryptos.storeIT’S NO SURPRISE THAT investors are interested in cryptocurrencies. Bitcoin was first traded back in 2009. Back then, you could buy one of the new digital tokens for less than $0.01. Prices steadily rose until peaking above $20,000 per coin in late 2017. Ethereum debuted in 2015 at $2.83, and in under three years was worth over $1,400.By comparison, General Electric Co. (ticker: GE) shares first hit $2.83 in 1995, adjusting for dividends and stock splits. Today, a quarter century later, it goes for about $12.Although they're the two biggest cryptocurrencies by market capitalization, similarities more or less end there. Bitcoin and Ethereum are totally different animals, developed for different reasons and with different internal dynamics.But enough history – investors want to know which is the better buy: Bitcoin or Ethereum?Here’s a quick rundown of some of the biggest considerations regarding the investment outlook for each cryptocurrency.BitcoinThe de facto cryptocurrency leader, no other coin even comes close to Bitcoin, or BTC. At the time this article was written, the dollar value of all outstanding Bitcoin was $150 billion. The total market capitalization for all cryptocurrencies is $230 billion, and the second-most valuable digital currency was Ethereum, with a market value less than $18 billion.Here are some key things investors should know about BTC in the Bitcoin versus Ethereum investment debate:Upcoming halving event.The reward for bitcoin miners will be cut in half in mid-2020. Miners verify transactions on the Bitcoin network and are rewarded for doing so with a set reward for every block of verifications. The reward is how new bitcoins are put into the system, and that rate automatically halves every 210,000 transactions.The reward is falling from 12.5 BTC per block to 6.25 BTC, and this will slow the expansion of supply. There’s a maximum of 21 million bitcoins that can ever exist; nearly 18.2 million are already in circulation.Highest attention from large investors.“Bitcoin has the most traction amongst major financial institutions and private equity investors,” says Alex Adelman, CEO & co-founder of Lolli, the first bitcoin rewards application allowing people to earn bitcoin while shopping online.Finding the right financial advisor that fits your needs doesn’t have to be hard. SmartAsset’s free tool matches you with top fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is legally bound to act in your best interests. If you’re ready to be matched with local advisors that will help you achieve your financial goals, get started nowThe Winklevoss twins, the famous Harvard alumni who claim Mark Zuckerberg stole the idea for Facebook (FB) from them, famously tried to start a bitcoin ETF, but they were rebuffed by the Securities and Exchange Commission.Relative stability, simplicity and acceptance.“Bitcoin’s strict purpose is basically being an alternative to fiat currency,” says Cindy Yang, team lead of the fintech industry practice group at the law firm Duane Morris.A decentralized currency, beyond the grasp of the Federal Reserve or any other central bank and with a predefined maximum supply, is a concept that people worldwide can resonate with. This, what Yang refers to as the crypto’s “simplistic nature,” has real-world repercussions on the digital asset itself.“Bitcoin has been used for payment, you can buy property with it, you can buy coffee with it – it’s farther along in adoption in terms of people using it as a store of value,” Yang says.EthereumBefore asking yourself “Should I buy bitcoin or ethereum?” you should understand the different motivations behind the Bitcoin and Ethereum platforms.Ethereum: a different goal than Bitcoin.The two leading cryptocurrencies have “very different use cases, with Bitcoin acting as store of value and Ethereum acting as a new decentralized computing network for application development,” says Zac Prince, founder and CEO of BlockFi, a crypto lender and wealth management company backed by investors like Peter Thiel and the Winklevoss Twins.Yang agrees. “I think they’re so different that it’s actually like choosing between two stocks from different sectors,” she says.The ability to use the Ethereum platform to change the way mortgage transfers, securities trading and many other fields work has naturally brought about the next characteristic.More development.Naturally, because Ethereum’s utility is only limited by the ingenuity of the world’s developers, there’s more activity surrounding the platform. Technically, the cryptocurrency used to facilitate Ethereum transactions is called “ether,” but it’s popularly referred to as ethereum.Either way, the number of Github ethereum-related repositories is 223 to Bitcoin’s four. Repositories are similar to project folders where developers collaborating through Github can access project information.A fundamental change in how blocks are created.Instead of miners with the most computing power having the greatest advantage in successfully creating new tokens, those with the largest ownership stakes will be granted that right. Some believe this could pose risks.Ethereum will soon “become a ‘proof of stake’ coin rather than a 'proof of work' coin,” says Clem Chambers, CEO of Online Blockchain and ADVFN, a leading global investor website.“This has a fair chance of killing Ethereum as a top crypto. It might not, but it certainly can and there is little upside from the change if the scheme works. As such, why take the risk on Ethereum when Bitcoin has proven its robustness time and again?" Chambers says.Brass tacks: should you buy bitcoin or ethereum?When it comes right down to it, there appears to be broad consensus among sophisticated cryptocurrency investors, entrepreneurs and subject matter experts: Bitcoin is, all-things-considered, a better buy than Ethereum.“Our belief is that Bitcoin has the highest near-term probability of adoption and inclusion in mainstream portfolios,” says a spokesperson at Galaxy Digital, a merchant bank focused on digital assets and the blockchain.“If you ask yourself: ‘Is this an investment worth having over 10 years time?’ Bitcoin stands out,” Yang says. She cites its more conservative nature, evidenced by fewer changes on the horizon, a stronger brand name and impressive adoption.As for Ethereum, “it may not be the most elegant right now but there’s so much development you can’t take your eyes off of it.