The beginner's guide to FX trading
Importing is a method of moving funds from a paper wallet. This method imports the paper wallet’s private key (with the cryptocurrency funds allocated to it) to your soft wallet’s private key collection. This means that while the funds are now in the soft wallet, they can also still be spent from the paper wallet’s private key. Sweeping is the more frequently used method of moving funds from a paper wallet.
A Moving Average (MA for short) is a technical indicator that averages a currency pair’s price over a...
A soft peg describes the type of exchange rate regime applied to a currency to keep its value stable...
A Weighted Moving Average (WMA) is a type of moving average that puts more weight on recent data and less...
A Simple Moving Average (SMA) is a technical indicator that shows the average price of an asset over a...
GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a...
Over the past months, Bitcoin has been at the centre of a major paradigm shift within society. It’s been a long-time coming but the proof is in the numbers. Having jumped past its major resistance level of $10k toward the end of 2020, the popular cryptocurrency soared past the $50k mark by February 2021.
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We’re seeing lots of volatility and some double-digit percentage drops in the cryptocurrency market lately. Is it time to panic?
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Risk sentiment was the main driver this week, boosted on by Fed Chair Powell’s speech on Friday. With rate hikes confirmed to be far away, USD & JPY were the biggest losers against the biggest winners, the Kiwi & Aussie.
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After spending most of the week in the green, the Greenback falls on Friday as risk sentiment improved on stimulus and recovery hopes, closing USD mixed for the week.
Read MoreSuccess usually comes to those who are too busy to be looking for it.Henry David Thoreau