Category Archives: Cryptocurrency News

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Gate.io Denies Liquidity Problems Following Multichain Crisis

Decentralized crypto exchange Gate.io has denied rumors of its insolvency problems, which Twitter users have linked to the crisis on the Multichain platform. The Gate.io team stated that “the company’s operations are going well” and that all forces are now focused on creating a subsidiary trading platform in Hong Kong called Gate.HK. The announcement came after it was circulated on Twitter  that  the exchange was insolvent due to an alleged connection to the Multichain Cross-Chain…

Hedging, Scalping & News Trading – What Are They?

Hedging, Scalping & News Trading – What Are They?   These are commonly known strategies across the Forex and CFD trading markets, but what exactly are they? Here is a light guide for beginners who are interested in learning more about these trading techniques as well as, a brief introduction to technical and fundamental analysis.      1. Hedging To hedge, in trading, is to take an inverse position in an asset or trade that…

Reuters: Binance customers in Australia are selling BTC at a $6,000 discount

According to Reuters, holders of the first cryptocurrency on the Binance Australia platform are selling bitcoin at a discount of 9,000 Australian dollars (almost $6,000). On the Binance Australia platform, the price of bitcoin was around 34,000 Australian dollars ($23,000). At the same time, on the local cryptocurrency exchange BTC Markets, the price of the first cryptocurrency reached 43,000 Australian dollars ($28,050), and outside of Australia, bitcoin was trading at $27,790. Reuters suggests that such…

Why Index Funds can be a Smart Investment Choice

Investing in the stock market can be daunting, especially for beginners with little knowledge or experience. But there’s a type of investment that offers a relatively safe way to get started: index funds. In this article, we’ll explore why index funds are a great investment choice and why you should consider them for your portfolio. However, this article should not be construed as investment advice, as you should always do thorough research and determine your…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Billionaire Mark Cuban Offered Crypto Companies a Way to Avoid Regulators’ Persecution

The American billionaire and reality show star Shark Tank proposed an option by which cryptocurrency issuers could avoid persecution by the US Securities and Exchange Commission (SEC). Mark Cuban believes that crypto-issuers could immediately issue their assets and use them to provide liquidity through decentralized finance (DeFi), but then it is worth disbanding the original organizations that issued crypto-assets. Cuban is confident that this will ensure true decentralization, and regulators will not be able to…

Elon Musk: “Don’t go all-in on investing in DOGE”

Tesla and SpaceX CEO Elon Musk warned investors not to put everything on the line when investing in Dogecoin, stating that DOGE is his favorite coin. At a London conference hosted by The Wall Street Journal, Elon Musk urged investors not to place too much hope on the meme cryptocurrency DOGE. Crypto assets are characterized by high volatility, and such investments can entail risks, the billionaire said. However, he openly admitted that among all digital…

Hotbit exchange announced the closure

Cryptocurrency exchange Hotbit announced the closure after five years of operation and asked users to withdraw their remaining assets by June 21. All operations on the exchange will be terminated today, May 22. The company explained that the decision to close was largely influenced by the deterioration in the working conditions of the exchange itself. “After Hotbit management was forced to suspend operations for several weeks due to an investigation in August 2022, the industry…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…