South African Elections: Greater Governability Challenges Likely as ANC Loses Its Majority

Global Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates

Crude Awakening: Will Oil Prices Surge Past $95 Before Year-End?

G7: Rising Debt Heightens Sovereign Risks Amid Election Uncertainty

France: Electoral Outcome Set to Slow Growth Reforms, Fiscal Consolidation, and EU Policy Agenda

UK: Labour Government Must Prioritise Pro-growth Policies Amid Limited Fiscal Space

Tesla’s Electrifying Comeback: More Than Just EV Talk

OctaTrader: Upcoming Updates and the Current Focus

S&P 500 and Nasdaq Earnings Preview: Energy Catches Up, AI Fuels Tech

PPI Surges Beyond Expectations, Fed Rate Cut Timing Uncertain

NY Manufacturing Declines, Employment Drops, Firms Remain Optimistic

Gold Is Ready To Test New Highs

France: Minority Government May Mitigate Risk of Fiscal Slippage, but Reforms Unlikely

Retail Sales Beat Forecasts, Consumer Resilience Surprises Analysts

IUX Shines at Money Exhibition Bangkok 2024

Building Permits and Starts Surpass Forecasts in June

ACY Securities Expands Futures Offering with New Trading Symbols

Silver Traders Should Stay Focused On Gold/Silver Ratio

The Week Ahead: US Inflation, Services PMIs, and the Bank of Canada in Focus

SquaredFinancial Appoints Francis Lee, Industry Veteran and Expert Economist, as Head of Asia

Nasdaq 100: Alphabet and Tesla Earnings Critical as Tech Sector Faces High Expectations

Existing Home Sales Fell 5.4% In June, Missing Analyst Expectations

Nasdaq 100: Tesla Stumbles While Alphabet Steady in Q2 Earnings Analysis

German GfK Consumer Climate Indicator Jumps to -18.4 for August

VT Markets Launches Olympic-Inspired ‘Be a Trading Athlete’ Competition with USD 14,000 Prize Pool

IC Markets (EU) Ltd Disputes CySEC Fine, Criticizes Investigation

Crude Inventories Decline By 3.7 Million Barrels

US Economy Surges: GDP Growth Hits 2.8% in Q2

EIA Natural Gas Storage Build Of +22 Bcf Exceeds Analyst Expectations

Crude Oil Price Forecast: Reversal Day Signals Strength

Natural Gas and Oil Forecast: Chinese Demand Falls, Will WTI Continue to Drop?

Crypto Market Takes a Chance on Recovery

The Market News Today: S&P500 Futures Climb as Investors Await Crucial Inflation Report

Oil News: Prices Set for Third Weekly Decline Amid Mixed Economic Signals

Silver (XAG) Forecast: Can $27.22 Support Hold as PCE Inflation Data Looms?

Dow Jones and Nasdaq Index: Futures Rise with Key Inflation Data on the Horizon

Shiba Inu Price Dips 19% as Donald Trump Swings Investor Focus towards BTC, ETH

Natural Gas News: High Supply and Disappointing Storage Data Pressure Market

Gold Price Forecast – Gold Continues to See Support

Fed’s Key Inflation Measure Matches Estimates

S&P 500 Forecast – S&P 500 Finds Support in The Early Hours

Stocks: The Question Remains – Is This Just a Correction?

US Dollar (DXY) Index News: Greenback Slips as PCE Data Sparks Rate Cut Hopes

Bitcoin Price Forecast – Bitcoin Continues to Show Strength

Crude Oil Price Forecast – Crude Oil Continues to Look For Momentum

USD/JPY Forecast – US Dollar Continues to Look For a Jump in The Yen

Natural Gas Price Forecast – Natural Gas Continues to Look Miserable

Michigan Consumer Sentiment Drops To 66.4, Exceeding Analyst Expectations

Dow Jones: 3M’s Best Day Since 1972 Boosts Industrials, Lifts Market Sentiment

Bitcoin Weekly Price Forecast – Bitcoin Continues to Look Strong

Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week

USD/JPY Weekly Price Forecast – US Dollar Continues to Look Positive Overall Against Yen

Natural Gas Weekly Price Forecast – Natural Gas Gives Up The Gains For The Week

AUD/USD Weekly Price Forecast – Australian Dollar Plunges For The Week

EUR/USD Weekly Price Forecast – Euro Continues to Put Traders to Sleep

Gold Weekly Price Forecast – Gold Continues to Look Strong Despite Falling

NASDAQ Weekly Price Forecast – NASDAQ 100 Continues to See Troubles

S&P Weekly Price Forecast – S&P 500 Attempts to Recover After Selloff

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As PCE Index Meets Estimates

Gold, Silver, Platinum Forecasts – Gold Rebounds As Treasury Yields Fall

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Concerns

NASDAQ Index, SP500, Dow Jones Forecasts – Dow Jones Climbs Above 40,500 As 3M Soars 21%

Natural Gas Price Forecast: Breaks Trend Low, Eyes on $2.00 Support

Gold Price Forecast: Support Holds but It May Not Last

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Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts. 

Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API. 

In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets. 

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