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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
The American division of the cryptocurrency exchange Binance announced the imminent shutdown of deposits in US dollars due to the decision of banking partners. This is due to a lawsuit against the stock exchange from the SEC. Recall that the US Securities and Exchange Commission (SEC) sued the Binance exchange and its founder Changpeng Zhao, and later a similar lawsuit was filed against the Coinbase exchange. The regulator also issued an order to freeze the
The largest American cryptocurrency exchange Coinbase has gone the way of Binance, having received a lawsuit from the US Securities and Exchange Commission (SEC). According to the lawsuit, Coinbase has been operating in the country since 2019 as an unregistered broker and trades in cryptocurrencies, which are securities. The authors of the lawsuit claim that Coinbase “has never registered as a broker, national securities exchange or clearing agency”, thereby avoiding disclosure of information to the
Users of the site itself suffered the most because of the situation with the Binance cryptocurrency exchange – they lost $96.55 million. They are followed by users of OKX ($81.30 million) and Bybit ($36.77 million). Also, almost 109,000 positions of traders have been liquidated in the last 24 hours. Bitcoin orders accounted for about $111 million and Ether $38 million. The largest single liquidation order, worth $9.94 million, was recorded on the Bitmex exchange. Yesterday,
Tether, the USDT stablecoin issuer, has announced that it is expanding its presence in the Georgian market through an investment in payment processing operator CityPay.io. CityPay.io operates in over 600 locations across the country, including shops, hotels, restaurants, and more. CityPay.io is available to Wendy’s and Radisson Hotels customers. The investment in CityPay.io is the first step towards expanding the company’s presence in Georgia, Tether says. “We are excited to work with CityPay.io to bring
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
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? 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
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
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









