‘The Sky’s the Limit’ for Blockchain Technology

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As major banks reject the notion of bitcoin, many are turning their attention to the use of the blockchain. According to an investment banker from European bank Credit Suisse, the ‘sky’s the limit’ for the technology. James Disney, Credit Suisse’s global head of software investment banking, said that it takes 20 to 30 days to close and settle private equity … Read More

China Wants the World’s Reserve Currency

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In the aftermath of WWII the American economy was that shining city on a hill. After saving mankind from the Nazi’s, America had the only intact manufacturing base and was the repository for most of the world’s gold. Those circumstances propelled the US dollar to world’s reserve currency status. And for the past seventy years, this status has been the … Read More

Bitfinex Closes Operations for US Customers

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Bitfinex, one of the world’s largest crypto-currency brokers, has announced the end of operations for US customers. In an official announcement made by the brokerage firm on October 16, the trading, deposit and withdrawal activities for individuals from the United States will be closed until November 9 of this year. In addition, customers in the US are now barred from … Read More

Cryptocurrencies Investing

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Should I invest in cryptocurrencies? Cryptocurrencies are now considered to be one of the best investment decisions. These are some of the reasons: To increase net worth. The alarming value loss of most currencies makes many people consider a better way to hedge their money. As a result, they turn to cryptocurrencies as a better alternative. Technology. The technology behind … Read More

How To Start In Forex

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You may have heard about Forex lately, but maybe you have not made the decision to get involved in this area yet. Certainly, many people may be afraid to venture into a new world without experience, as they may think that it is not possible for them to succeed. If you find yourself thinking that way, you need to know three … Read More

Markets Summary, October 4th

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Global stocks were little changed on Wednesday after recent record highs driven by encouraging growth worldwide, while the dollar fell even as data revealed an accelerating U.S. service sector that could lead to higher interest rates in December. Oil prices were mixed on caution that rising U.S. crude output could scupper a crude rally that lasted for most of the third quarter. Brent settled … Read More

Want To Know How To Read Forex Charts?

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It’s easier than you think once you understand the 5 things you must know about forex charts. This article provides all the tricks and tips you need to do this properly.  Learning the basic skills in Forex, such as how to read Forex charts, is really important. This is because once you have this vital skill under your belt, it will … Read More

The Importance Of Forex Technical Analysis

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Technical Analysis is the easiest and most precise way of trading the FOREX market known by the Forex traders community. All available information on any particular currency, and its impact on traders, and the market, are already reflected in a currency’s price. The foreign exchange market is mostly composed of trends and is, therefore, a place where technical analysis can … Read More