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The global forecast for the Asian markets is murky following recent volatility, with crude oil prices providing support in what has been an otherwise tough month. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.The TSE finished modestly lower on Friday following losses from the financial shares and property stocks.For the day, the index sank 15.09 points or 0.49 percent to finish at 3,061.35 after trading between 3,057.84 and 3,089.78. Volume was 1.39 billion shares worth 1.30 billion Singapore dollars. There were 285 decliners and 184 gainers.
Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. BitcoinтАЩs creator, Satoshi Nakamoto, originally described the need for тАЬan electronic payment system based on cryptographic proof instead of trust.тАЭ Each and every Bitcoin transaction thatтАЩs ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. ThatтАЩs by design: Core to their decentralized nature, Bitcoins arenтАЩt backed by the government or any issuing institution, and thereтАЩs nothing to guarantee their value besides the proof baked in the heart of the system. тАЬThe reason why itтАЩs worth money is simply because we, as people, decided it has valueтАФsame as gold,тАЭ says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
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