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Bitcoin Options Volumes Record $60 Million On Deribit

Trading volatility has been shrinking for a while now as a result of recent capitulation in the crypto market, which appeared to have made the value of Bitcoin to depreciate by the day. Recording a daily low of $8400, Bitcoin is struggling around the $8500 at the moment. Meanwhile, the market scenario is causing a …

1 day

Two Arraigned in the US for Cryptocurrency Fraud Involving Social Media Hacking

The United States Department of Justice, on the 14th of November, has apprehended and arraigned two people (Eric Meiggs and Declan Harrington) for breaking into unsuspecting victims’ social media accounts and making away with cryptocurrency. The culprits were prosecuted with one count of conspiracy, eight counts of wire fraud, one count of computer fraud and …

2 days

Bitcoin (BTC) Price Analysis – Bitcoin Records Daily Low At $8400, More Drop Is Expected!

Just as we predicted earlier today, Bitcoin has sharply dropped to the $8400 support zone, hitting take profits provided in our crypto trading signals. If the price can close well below the $8500, Bitcoin may close on a weekly low of $8000. As of now, Bitcoin is trading at $8496 under a lot of bearish …

2 days

Chinese Yuan Emerges Top Five in Fed’s Broad Index

A top finance analyst has observed that in the Fed’s broad index chart, the Chinese Yuan has consistently maintained its growth in the last decade to emerge amongst the top five with the largest trade weight. It had even outrun the Canadian currency to clinch the 2nd most traded currency in the United States after …

2 days

After Trading Lower for Days, EURJPY Is Structured for a Breakout

EURJPY Price Analysis – November 15 The common European currency versus Japanese yen had depreciated about 57 basis points and exited Thursday on the level at 119.47. Looking at a hypothetical perspective, the exchange rate of EURJPY may make an upside reversal inside this session. Buyers may focus on the moving average 13 on the …

2 days

Bitcoin (BTC) Price Analysis – More Serious Drops Lies Ahead For Bitcoin

The bears have continued to stay in the market as Bitcoin’s extend support to the $8500 zone overnight. Due to the price drop, the market has currently recorded a loss of about -1.2.6%. This time, if the $8500 support fails to suppress selling pressure, Bitcoin would further look for lower support. Bitcoin (BTC) Price Analysis: …

2 days

AUDUSD: Aussie Plunge on Negative Employment Figures, Runs into Sellers Around the Level at 0.6847

AUDUSD Price Analysis – November 14 Early in the European session, the Australian dollar plunged versus the dollar, deeper past the horizontal line on the level at 0.6810 critical area and has recorded a fresh low in one month. The recent release of the employment figures showed that it had slipped lower and it is …

3 days

Telegram Disputes All Claims By the SEC, Requests Court to Discharge Litigation

Telegram has filed an appeal to the US court, asking them to discharge the litigation made by the Securities and Exchange Commission which claims that its unreleased token is a security. In Telegram’s address to the court on the 12th of November, the firm explained and disputed all the statements made by the SEC in …

3 days

Bitcoin (BTC) Price Analysis – Bitcoin is Poised For a Breakout, Which Direction?

Bitcoin has been under a lot of bearish pressure over the last few days, making the price to now trade near the $8600 support zones. It may become devastating if BTC price drops below the current support as $8000 could play out in no time. But if the buyers can regroup well, Bitcoin may reclaim …

3 days

Employment Stats Weigh Negatively on AUD, Market Influencing Figures for EUR and Pound Awaited

In the news this week, Japan released its 3rd quarter GDP figures while Australia also released its October employment figures. Earlier today, China released its industrial production figures for October. Powell’s much-anticipated testimony to Congress on the U.S. economy also had an impact on the market. By analyzing the inflation figures published in Australia in …

3 days
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FOREX BROKERS & TRADING PLATFORMS

Choosing the Best Forex Brokers For Trading

All looks simple, but until you come across the worst broker, it is when you’ll realize that trading forex is not a walk in the park. Working with the best forex broker will determine how successful you can become in the market. Interestingly, there’re several brokers available, with almost all of them claiming to be the “best.” However, not all deliver what they promise or simply what they claim to offer. Therefore, it requires that you go the extra mile to define which broker is really the best for your needs.

FOREX BROKERS & TRADING PLATFORMS

How Do Brokers know the Stocks to Invest In?

Everybody has got an option, and when it comes to the tricky game of investing and trading, it’s no difference. If you went out to seek recommendations on the stock to invest in, you’d probably get several of them with each professional giving a reason for their choices. But the question stands, how do brokers pick the right stocks to invest in?