openPR Logo
Press release

Number Of Cryptocurrency Funds Growing

11-01-2018 09:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PRNews2019

To contribute to the current crypto cycle there are two options: conventional currencies or
cryptocurrency. Here at ABPT Crypto (Asset Backed Palladium Token) we recommend using the
second option as it’s safer, faster and more profitable.
There is a constant rise of interest towards cryptocurrencies — not only on the part of
investors, but also on the part of investment funds.
The increasing amount of investment hedge funds that advise their customers to invest in
cryptocurrencies is an undeviating proof of how digital currencies mature and become sturdier
on the financial market.
Rising exchange rate of cryptocurrencies fuelling attention internationally.
The main reason for the explosive evolution of hedge funds is the speedy upsurge in the price
of many digital currencies. For example, the value of Bitcoin in September increased by almost
700 % compared with a year earlier, while the value of Ethereum in the same timeframe
increased by 3,300 %. It’s extraordinary!
The ICO (Initial Coin Offering) market has also toughened up —$1.8 billion has been collected
since the beginning of 2018. Investment companies are constantly keeping their eyes on these
figures and do not overlook them and are don’t miss great opportunities to make a profit.
At ABPT Crypto ·we believe that the number of hedgefunds in relation to cryptocurries will keep
rising until the end of next year” states John Joyce, an analyst at ABPT, also stating “ we are
currently working on an exciting new asset backed palladium crypto which we believe is the
next best thing out there. Palladium is on the rise constantly and now is the time to take
advantage of that market”.
Palladium is also widely used in catalytic reactions in industry, such as in hydrogenation of
unsaturated hydrocarbons, as well as in wedding rings and other jewellery and in dental fillings
and crowns. So there is an ongoing wide range of use for it. But the main use of palladium,
along with rhodium and platinum, is in the three-way catalytic converters in car exhaust
systems, which is a booming industry especially in China.

ABPT is one of the world’s leading innovators of exchange-traded products (ETPs), providing specialist investment solutions across multiple asset classes.

Following the launch of the first Gold ETF in 2003, ABPT Fund were soon to launch their own Gold ETF, which was primarily traded by large corporate clients.

The success of the Gold ETF’s allowed ABPT to expand their range of investments to cover other precious metals, including Palladium.

Market fluctuations in Gold, Silver and other precious metals, whose value is at least in part directly related to fashion trends, can be difficult to predict with any level of certainty.

However, Palladium’s value is industry driven, predominantly as an essential component in catalytic converters.

The projected increase in demand for cars, both in China and India, coupled with a limited supply of Palladium, has created a steady rise in the value of the commodity over the past few years. Our expert analysts are able to predict with a reasonable level of accuracy, based on all the information available that this rise will continue at an accelerated rate over the forthcoming years.

It was on this basis that ABPT shifted their focus in order to concentrate on developing solid investment opportunities within the Palladium marketplace.

Based on this shift ABPT have subsequently become market leaders in the trading and investment of Palladium as a commodity, and bought to the market one of the strongest asset-backed Palladium bonds currently available, with a fixed minimum return of 8% per annum.

Ab suarez, 327 Pine Court, Canary Wharf, London, E14 2FT

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Number Of Cryptocurrency Funds Growing here

News-ID: 1343133 • Views: 447

More Releases for Palladium

Palladium Market Overview with detailed analysis, Competitive landscape Forecast …
The Global Palladium Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Palladium market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The report provides key statistics on the market status of the Palladium manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Complete
Top 5 Producers Of Palladium Today
The production statistics below are compiled from company annual and operation reports available from producer websites and is solely based on the website of PMVC Fund Refined platinum production numbers for each company can be found beside the company’s name. Norilsk Nickel – 2,731,000 ozs MMC Norilsk Nickel (“Norilsk”) is the world’s largest producer of nickel (accounting for 17 percent of global production) and palladium (41 percent), and a top ten producer of copper. The company
Could Palladium Become More Valuable Than Gold?
For the first time in 16 years, the value of palladium is about to overtake the value of Gold. The price of palladium has risen more the 30% in the last 6 months and progressively rising. As of of today 9th October 2018 the current price of Palladium stands at €27,357.02 per kilogram, the highest ever it has risen too. In addition to palladium’s record-climb last Friday, the metal also managed to trade
Global Palladium Electrode Market 2018 - Metrohm, Murata, Kemet, ALS Co
The Global Palladium Electrode Market 2018 research report presents an in-depth research of the Global Palladium Electrode Sales Market alongside the Palladium Electrode market size and growth rate, classification of the Palladium Electrode industry based on products, and leading Palladium Electrode industry players as well. The Palladium Electrode industry report summarizes the global market insights that are key drivers for growth of the Palladium Electrode sales market over the forecast
Market study on expected growth for Palladium
Palladium is a lustrous silvery-white rare metal used in a diverse range of applications. The metal with other elements such as osmium, iridium, ruthenium, rhodium, and platinum are referred to as Platinum Group Metals (PGM). Palladium is majorly consumed in the automotive industry as catalytic converters, manufacturing of electronics and jewelry, as well as chemical and dental applications. Palladium is sourced from two major sources, viz., mine production and recycling.
Global Palladium-Silver Hydrogen Film Industry Report (2017) - MRH
Palladium-Silver Hydrogen Film Report by Material, Application, and Geography Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). Request a Free Sample Report: The report firstly introduced the Palladium-Silver Hydrogen Film basics: definitions, classifications, applications and market overview;