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

Tesla CEO Elon Musk said the deal to acquire the social network Twitter should be closed by Friday. Against the backdrop of this news, the cost of Dogecoin jumped by almost 8%. The cryptocurrency market reacted positively to reports of the imminent acquisition by Elon Musk of the social network Twitter. So, according to СoinMarketCap, the cost of the DOGE coin, which is actively supported by the businessman, increased by almost 8% during the day,

The chairman of the US Commodity Futures Trading Commission, Rostin Banham, dispelled doubts about the struggle between the CFTC and the SEC for the authority to regulate the cryptocurrency market. Speaking at a recent event in Manhattan, Rostin Behnam touched on the topic of cryptocurrency legislation. According to him, in order to pass any specific laws, it is first necessary to determine which cryptocurrencies are considered commodities and are subject to the supervision of the

Fund manager ARK Invest said that bitcoin could become more valuable than most fiat currencies, including the US dollar. Cathie Wood said that when bitcoin was worth $250, she asked renowned economist Art Laffer to study the First Cryptocurrency White Paper to see if BTC could fulfill the roles of fiat money as a store of value, unit of account, and medium of appeals. Laffer responded that Bitcoin has the potential to be an asset

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 founder and CEO of Momentable is confident that the future transformation of museum exhibits into NFT galleries is inevitable. Serving major museums, Momentable spends a lot of time exploring the prospects and opportunities for the art world associated with the use of blockchain and NFT technologies. Momentable CEO Hussein Hallak told reporters that Momentable’s company is seeing a gradual infiltration of digital art from virtual museum displays into traditional museum venues: “NFT is an

Amendments to the bill on consumer protection of digital goods exclude software developers from the definition of a cryptocurrency broker and do not require centralized management of platforms. After the updated draft of the Digital Consumer Protection Act (DCCPA), which the Commodity Futures Trading Commission (CFTC) will use to regulate the industry, was uploaded to GitHub, many software developers breathed a sigh of relief. Classification as a broker entails specific tax reporting requirements that software

Bitcoin was included in the Guinness Book of Records along with such significant industry achievements as the record sale of NFTs and the adoption of BTC as a means of payment in El Salvador. In the new Guinness World Records 2023, released last month, bitcoin is listed as the “oldest cryptocurrency”, “first decentralized cryptocurrency” and “most expensive cryptocurrency”. As of March 24, 2022, the value of bitcoin was $42,900, and its market capitalization reached $816

The former CEO of Morgan Stanley acknowledged that digital assets have a number of advantages over traditional finance. John Mack noted that cryptocurrencies will play a key role in the digitization of the economy: “Let’s take cryptocurrency. It’s hard for me to understand why it has value. Perhaps in fifty years this will become the main way to conduct monetary transactions. It’s easy to do. Then you won’t have to worry about placing funds in

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