The Global Currency Forecast 2015 by Scandinavian Capital Markets (SCM). The outlook for the EURUSD in 2014 was for the prices to move within a 1.2753-1.4225 zone with a downside break of 1.2753 favoring further price decline to 1.2319 followed by 1.2185, and 1.2050. The range for EURUSD in 2014 was 1.2096-1.3992 and the pair closed […]Read More
Innovation and inventions has been a driver for advancement in technology from the early days. The world remembers the people who make a breakthrough in any field that could prove to be helpful for the whole society. History is filled with inventors who have dedicated their entire life to a goal that they are able […]Read More
Technology has brought about a big change in many different fields and business is no exception to that. It started when paper money was replaced by credit and debit cards. Now, we have more than a dozen varieties of digital currencies at our disposal. Although they may have to overcome many issues before they can […]Read More
It was all thanks to the advent of Bitcoin people realized that there could be such a thing as computerized or digital currency. Now, the same digital currency which did indeed cause quite a frenzy when it first debuted in the world of trade just a couple of years ago is trying to evolve into […]Read More
According to Bitcoin technical analysis, it has been identified that the uptrend is likely going to be reversed from current market levels. An enthusiastic market breakout has drizzled which has ended up losing the vital momentum. If the resulting downwards trends is just a correction, there may be a powerful turnaround in the market in […]Read More
If you’re a first time Bitcoin trader or a professional, it is important to know the meaning behind each term you must have seen on different trading platforms. Mentioned below are some important and commonly used Bitcoin terms and their meanings: 51% Attack This is a situation where a majority of the computing power needed […]Read More
Digital currencies like Bitcoin have been gaining considerable recognition and popularity across the globe. Many people now trade and invest in crypto-currencies and actually use it to it buy goods and services which they otherwise buy with actual money, which is amazing. Bitcoins has been stirring up the world of digital currency exchange, making transactions […]Read More
Launched over 5 years ago, Bitcoin has now become the world’s truly decentralized digital currency and a large financial network. And since its advent, the crypto-currency has been subject to various ups and downs in the market. The digital currency’s market value has increased up to billions of dollars from virtually nothing. Millions of dollars […]Read More
The idea of a decentralized and unregulated crypto-currency which doesn’t have any political restrictions or limitations can be overly complicated at first. What Bitcoin does is compel people to change their perception about money and value transfer. Luckily enough, the Bitcoin community has been diligently able to perfectly consolidate informational data via a rather loose […]Read More
If you are interesting in trading Bitcoins, and understand its merits, strategies, methodology and the risks associated with it, you should probably start considering where you should start your Bitcoin trading from. And you not only can trade Bitcoin via various Bitcoin exchanges but you can also engage in a successful trade, investing in ‘alt […]Read More
Understanding the Association of Risk When Investing in Bitcoin Bitcoin has become an exciting new cryptocurrency. Well, it’s not new anymore, but it does provide users lower international trading costs. Are there risks when investing in bitcoin? Yes. Bitcoin is also a cross-border cryptocurrency unit which many traders believe could have exponential advantages for the […]Read More
Bitcoin currency exchange operates in a similar way to banks. Just like in a bank, you have to deposit a certain amount of money in your account, but in this case the money you deposit should be in a currency or currencies which the exchange supports. The person depositing the sum of money would then […]Read More
Mentioned below are some of the most common terms used in the Forex trading market: Ask Price Also known as the Offer Price, Ask Prices are market prices for traders interested in purchasing currencies. Ask Prices are displayed on the right side of a quote, for example, EUR/USD 1.1965/68. This means that you can buy […]Read More
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