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Thursday, 20 February 06:26 (GMT -05:00)



Foreign exchange market

Over 85% Of Bitcoins (BTC) Have Already Been Mined


According to several online sources, BTC reached the level of being 85% mined on August 1st. This means that there are under 3,15 out of 21 million coins left to be mined. With that being said, there are over 17,85 million coins currently circulating in the BTC market, which means that they mined 85% of BTC in 10,5 years.
 
Some people think that mining the remaining 15% will take just a couple of years. However, this will not be the case. They say that the last Bitcoin will be mined in 120 years, sat some point around 2140. 
 
This will happen because of the halfing mechanism, which decreases the bounty for mining each block by 50% each 210 000 blocks or roughly 4 years. There were 2 halfings in the past, 50 to 25 to 12,5 BTC, and the next one is going to take place in May 2020, when 12,5 BTC will turn into 6,25 BTC. So, all in all there should be 34 such cycles to mine all 21 million coins.
 

At the same time, Chainalysis report that at this point 4,85 million coins are in daily circulation. 4 million BTC may be lost or frozen forever because of the lost access to some secure wallets.

 

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Dollar Grows Versus Euro. BTC Is At $9000. Trump And His 'Deal Of The Century'.

It seems that the Chinese coronavirus is gradually becoming the biggest driver in financial markets. At the same time, Donald Trump has recently announced another version of his peace plan for the Middle East. If this agreement manifests itself, then you may expect major changes in exchange rates.

Publication date: 05 February 12:51 AM

Forex and Cryptocurrency Predictions by NordFX. January 27th-31st, 2020.

Right before the start of the last last trading week of January, 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 January 27th-31st. So, this is what those predictions look like:
Publication date: 26 January 12:18 PM

Bitcoin, Gold, and Crude Oil. Cryptocurrencies' Place Among Conventional Assets.

Can Bitcoin be called a safe-haven asset? This cryptocurrency is called the new gold or the digital gold, but many investors are really skeptical about these statements.

Publication date: 26 January 06:08 AM

Forex and Cryptocurrency Forecasts for mid-January 2019

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. The forecast is actual for the period of January 13th through 17th, 2020. As a result, we get the following picture:

Publication date: 12 January 04:29 AM

EUR/USD Waiting For Events

The year of 2019 is almost over. So, what are the expert predictions for the forthcoming trading week? NordFX has come up with another set of market forecasts for December 16th-20th. So, without further ado, let's go ahead and take a closer look at them.

Publication date: 15 December 04:50 AM

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