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Friday, 13 December 05:41 (GMT -05:00)



Foreign exchange market

Bitcoin Reaches 5-Month High


The cryptocurrency has been maintaining a stable bullish trend. over the last few days, the market cap has exceeded 185 billion dollars. According to CoinMarketCap, the market cap used to be 179 billion dollars on Tuesday. Over the last few days, the cost of all the cryptocurrencies circulating in the global market has grow considerably. 

 
The analytic department of FortFS reports that on Tuesday, Chile was the biggest news maker for the global crypto market. To be more specific, the local government initiated a draft bill for the local legislators to consider the opportunity to regulate the crypto market. For now, the details are missing.
 
On top fo that, international investors are focused on the news coming from Japan. The thing is, a major Japanese crypto-exchange named Zaif has recently resumed its work. Around 7 months ago, the exchange was hacked. The damage was estimated at 60 million dollars. So, the exchange had to suspend its work until the security mechanisms are improved. 
 
In the meantime, Bitcoin, which is the world's first and most popular cryptocurrency, keeps on gaining value and setting new highs in 2019. On Tuesday, Bitcoin managed to overcome the threshold of $5500 per coin. The weekly gains exceeded 10%. The domino effect pushed other cryptocurrencies higher as well. By the way, Tuesday's BTC performance was the strongest one among TOP10 cryptocurrencies. 
 
However, FortFS experts say that Tuesday's performance of Binance Coin was strange. It lost around 4% of its value on that day despite the positive news background. Binance was reported to launch a decentralized platform called Binance DEX. Still, the experts assume that the token will recover and continue its way to new highs in the near future. Over the past 7 days, the coin has gained over 24%.

 

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Best Cryptocurrency Brokers Are Named

There's no denial the fact that cryptocurrencies are getting more and more popular these days. Apparently, the need for cryptocurrency exchanges is growing with them. With that being said, international experts have tested dozens of cryptocurrency exchanges to come up with a rating.

Publication date: 29 November 11:45 PM

Forex Treasure by Alpari: 20% on Deposit

These days, you cannot make a decent amount of money by simply depositing your money into a bank account and waiting for the interest to be credited to your account at the end of the investment period. When it comes to the dollar and other foreign currencies, international banks usually offer single-digit interest rates, somewhere around 3% or so. Some national banks had to introduce negative interest rates, which made depositing unprofitable right off the bat.

Publication date: 29 November 12:51 AM

Bitcoin Futures Are Now Traded On NYSE

The world's biggest stock exchange, which is the New York Stock Exchange (NYSE), is reported to have started offering Bitcoin futures.

Publication date: 27 October 09:51 AM

"Forex Is A Scam" and Other Popular Myths About Forex

Almost each and every beginning forex trader who lost their money while trading forex thinks they have been scammed for money. Very few of them can actually face the truth and take a look at the situation at a different angle. Strange as it may seem, But such traders eventually succeed in financial markets and get rich trading them. Well, if you think for a while, that becomes quite obvious because such people aren't afraid of analysing the negative situation and drawing the right conclusions to avoid repeating those costly mistakes in the future. Those who learn from their own mistakes instead of repeating them over and over again, can eventually succeed in this business.

Publication date: 24 October 09:37 AM

Bitcoin Will Crash To $3000 Per Coin

In his latest YouTube video, a popular cryptocurrency expert named Alessio Rastani told his subscribers about the possibility of Bitcoin crashing all the way down to 3000 dollars per coin. So, is the BTC exchange rate really going to go that low in the near future? The expert started his review from evaluating the stock market sentiment cycle, which is a really significant part of market analysis. So, he did just that.

Publication date: 21 October 10:04 AM

Pound Will Drive Forex This Week

Before the start of the last trading week of October, the NordFX expert team has come up with another set of weekly consensus forecasts for the forex and cryptocurrency markets. When devising those forecasts, the experts gathered multiple expert opinions and tech analysis. As a result, we get the following picture:
Publication date: 21 October 12:15 AM

SEC Bans Telegram Tokens

Bad news for cryptocurrencies is coming from the USA. The SEC is reported to have banned Telegram's cryptocurrency. The tokens turned out to be unregistered assets and therefore are illegal as something that can be sold to American investors. This is what Bloomberg reported the other day.

Publication date: 15 October 11:33 AM

Dollar Will Keep Going Down, NordFX Experts Say

Right before the start of the last last trading  of this summer, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. The period is October 4th - 11th. So, this is what those predictions look like:
Publication date: 07 October 12:04 PM

Masterforex-V Names Worst Forex Brokers in September 2019

Masterforex-V Academy's rating of forex brokers gives you an unbiased and up-to-date picture of what's going on in the industry based on 20 criteria. One of the criteria is the amount and degree of the negative feedback provided by each broker's clients. In this article, we are going to dive deeper into the matter and find out which brokers turned out to be the worst ones in September and why.
 
Publication date: 03 October 05:21 AM

Bitcoin is only half-way down. Ethereum is stable.

The current state of affairs in the global cryptocurrency market leaves much to be desired. This is confirmed by a number of people who usually promote cryptocurrencies. John McAffee is clearly not one of them. He has always been very positive on the prospect of digital currencies. In particular, he believes that the BTC/USD exchange rate may eventually reach as much as 10 million dollars per coin. 
 
Publication date: 02 October 10:27 AM