CedarFX – Trade with the First Eco-Conscious Broker

Building a Diverse Trading Portfolio   A look at the importance of risk mitigation through diversifying your portfolio.   When it comes to online trading, portfolio diversification is a powerful tool used by investors to mitigate risk. This strategy involves investors holding multiple assets across varying markets, industries and geographical jurisdictions in order to spread their exposure and decrease the risk of loss due to one industry collapsing.     The Benefits of a Diversified…

Mike McGlone: ​​”Bitcoin and Ethereum are doomed to growth by the law of economics”

A senior commodities strategist at Bloomberg Intelligence believes that the decline in bitcoin and ether amid growing adoption of cryptocurrencies will lead to higher prices for these assets. Mike McGlone, an exchange analyst at Bloomberg research division, noted that the amount of mined bitcoins (BTC) and ethers (ETH) is limited by the code. According to him, the transition of Ethereum to the Proof-of-Stake (PoS) algorithm will reduce the amount of ETH in the market more…