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Tuesday, 18 December 13:19 (GMT -05:00)



Foreign exchange market

There's Nothing Wrong About Crypto-Market Downtrend, Ethereum Co-Founder Lubin Says


The ups and downs currently seen in the global market of digital currencies do not reflect the current state of affairs in the market, Joseph Lubin thinks. By the way, he is the founder of ConsenSys and a co-founder of Ethereum, the world's second-biggest cryptocurrency in terms of market cap. 
 
In particular, he thinks there's nothing wrong about the continuous ups and downs shown by cryptocurrency exchange rates on a daily basis. Moreover, such fluctuations are even good for the digital currency since they contribute to the improvement of the entire ecosystem.
 
Lubin is a realist. That's why he calls the rally seen in late 2017 a price bubble. Even more, according to his calculations, this is the 6th and biggest bubble in the global cryptocurrency market ever since it came into existence. There is another distinctive feature when it comes to the latest bubble. The thing is, unlike the previous bubbles, the market took the burst of the last one for granted and reacted in a relatively reserved way to this.
 
At this point, the cryptocurrency market is at its initial stage when the fundamental infrastructure is being created while we can see the market retrace amid increasing upward potential. even though the ups and downs are inevitable, Lubin thinks that there is strong correlation between the infrastructure and the value of cryptocurrencies.
 
As for the increased volatility, it's of purely speculative nature driven by traders and investors. That's why the current downtrend doesn't imply any problems with the cryptocurrency infrastructure.
 
His words are backed by the market behavior. On August 14th, Ethereum dropped down to 251 dollars, the lowest price level since SEptember 2017. The next day, the exchange rate increased all the way up to 286 dollars, NordFX reports.

 

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Christmas Fairy Tale by FortFS

FortFS has been now for its promos and bonuses for years. Christmas and New Year are coming. This means that it's time for new pleasant surprises. With that being said, FortFS wants to congratulate all of its existing and future clients and wishes them Merry Christmas and happy New Year. To celebrate together, FortFS has announced a new promo. It's called "CHRISTMAS FAIRY TALE".

Publication date: 18 December 12:52 PM

Bitcoin Will Decline, Dollar Will Grow, NordFX Predicts

Whether we are aware of this or not, currency exchange rates have been affecting our lives for decades. However, more and more retail traders and investors are now getting increasingly interested in financial markets in general and Forex in particular. or the most part, all of those changes in exchange rates are they key factors determining their financial results at the end of the day.
 
Publication date: 17 December 12:29 PM

Weekly Forex and Crypto Forecast By NordFX. December 10-14, 2018.

The actual value of each and every currency put there is the result of many factors influencing the global market. In their turn, currency exchange rates affect many other processes out there. With that being said, considering a number of opinions expressed by experts can help traders and investors make better decision leading to increased financial performance.
Publication date: 10 December 11:19 AM

NordFX Introduced New Trading Solutions At Traders Fair-2018

Publication date: 09 December 04:56 AM

Crypto Traders Expect Growth, NordFX

The balance of powers in the Forex market depends on a number of factors. Getting familiar with an unbiased forecast helps market players figure out what to do next and what to expect in the market. Such information hits an the most probable market scenarios that may manifest themselves in the near future, which in its turn may give them a decent opportunity to increase the potential profit.
Publication date: 03 December 12:17 PM

NordFX Expects Cryptocurrencies and Euro to Go Further Down

The relation between 2 currencies at a certain point of time is the result of the market being simultaneously influenced by a whole lot of various factor of various impact and origin. Currency exchange rates, in their turns, affect man other processes meaningful for the majority of people in all parts of the world.
Publication date: 26 November 01:30 PM

Deposit bonus 120% - FortFS

FortFS is improving the conditions of deposit bonus! The bonus is increased to 120% from 50%: during this limited time you can receive x2,4 of the deposit amount.

Publication date: 25 November 11:39 AM

Crude Oil Market Keeps On Crashing

Like a week ago, oil prices have dropped by 7% once again. Now traders are afraid of another major downtrend seen in 2014, when crude oil depreciated  by 33% over November and December. International experts say this scenario is extremely probable.
Publication date: 25 November 03:32 AM

Iran Circumvents U.S. Sanctions with Cryptocurrencies

FinCEN came up with new recommendations. The document contains interesting points, including the thing that Iran abuses cryptocurrencies, thereby jeopardizing the entire global financial system. In particular, the document claims that Iranian citizens make BTC transactions to the amount of around 4 million dollars, yet those transactions are are claimed to be indented for criminal purposes. At the same time, FinCEN claims that Iran uses digital currencies to circumvent Western sanctions.
Publication date: 22 November 01:02 PM

Dollar Will Rise, Crypt Market Will Stay Flat, NordFX Experts Predict

Contemporary methods of market analysis make it posible to make define the most probable scenarios and to make really accurate predictions, with a really high probability of coming true. Needless to say that such info is priceless for traders and investors seeking to reduce their risks and earn money from financial markets.
Publication date: 19 November 12:23 PM