Expand Your Knowledge

Decentralized Finance presents a promising passive income opportunity for crypto investors, but does carry significant risk.

Huge volume makes foreign exchange the world’s largest and most popular financial market, with more than $5 trillion in transactions each day. Despite this massive footprint, forex traders don’t access centralized exchanges to execute their buy and sell orders.

Contracts for difference (CFDs) are financial derivative instruments that track many assets, including forex, equity shares, commodities, indices, and cryptocurrencies.

When forex newcomers start out, their first instinct is to focus on the charts. After all, charts are where the ‘action’ is, with double bottoms, reversals, breakouts, and trends promising big paydays.

The forex market is easy to enter but hard to master, or exit with a profit. This paradox explains why so many participants eventually get burned, wash out, and look for safer hobbies.

Now that you’ve learned the basics of forex trading, as well as its key terms and concepts, let’s take the next step and look at three types of currency markets and how participants use them to seek profits or protect capital.

Newcomers must learn the unique language and dynamics of the forex market to beat the odds and become successful currency traders.

There are a whole host of reasons why the Federal Reserve should – and should not – create a digital version of the greenback.

Is There a Difference – and Why Should I Care?

There are fundamental differences between BTC and central bank-developed tokens – chiefly, the fact that most CBDCs are still in the R&D phase.

Crypto has been vaunted variously as an inflation-proof asset and a digital answer to gold. But just how accurate are these descriptions? With inflation on the rise, the answer could well be around the corner. The Problem of Inflation Everyone with fiat savings fears the dreaded “i” word. But after

Another token that could be seen as a meme coin made the headlines due to a strong surge of its price fueled by another of the famous cryptic Elon Musk’s tweets.

A common trading strategy amongst analysts and more novice investors is trading asset classes with the use of support and resistance levels.

The DeFi space has grown to become a multi-billion dollar market, offering numerous decentralized services to users within the cryptocurrency space and beyond, and lending protocols are some of the biggest players in this sector.

Much has been said about non-fungible tokens (NFTs) and their utility for those who would like to get on the train. Sales of NFTs alone have hit a record high this year alone, with everyone from independent artists to the biggest celebrities using them to expand their reach.

Shiba Inu is one of the leading meme cryptocurrencies and was designed to be the “Dogecoin killer”, rallying by thousands of percentages since the start of the year.

Professional investors will track the direction of Treasury yields and the value of the US dollar, which are the driving forces behind the value of gold.

The three generally accepted methods of analyzing the financial markets are: technical, fundamental, and sentimental. Choosing which one to use is a matter of personal preference that develops from study and practice.

The cryptocurrency market has already built up a reputation for being the most volatile market. Over the past year, we have witnessed new highs for major coins, the development of decentralized finance, virtual real estate, NFT and decentralized versions of the well-known platforms.

The rapidly improving economy and stocks at record highs may be fueling a flurry of stock buyback activity in 2021.