Author: rcanessa - Page 18

Almost 200,000 bitcoins have been withdrawn from major exchanges

The BitMEX platform saw its reserves reduced by 49.55% in the penultimate quarter of the year. Data suggests that the number of users preferring non-custodial storage increased. Bitcoin reserves on exchanges such as Coinbase, OKEx, and BitMEX have dropped considerably in the penultimate quarter of the year. This is recorded by the BitUniverse platform, which calculates a decrease of more … Read more

Avatrade Commissions 2026 – What are the Avatrade broker commissions?

by rcanessa

In this article, you will discover, clearly, what are the commissions that the AvaTrade broker charges for its financial brokerage services. AvaTrade is an online broker specializing in Forex and other financial instruments (through CFDs). It started its activity in 2006 and its main headquarters are in Dublin (Ireland) for which it is authorized and regulated by the Central Bank … Read more

Binary Options on Currencies

by rcanessa

In recent years, in the community of financial markets many traders of all types (large and small) have chosen to trade with currency pairs in the Forex market for various reasons. Part of the appeal of trade in the Forex market, either through Forex spot market or traditional options on currency pairs, is that the prices of currency pairs are in constant motion. We currently live in an interconnected world where a change in the US economy, for example, not only have an impact on the US dollar but also in other currencies such as the euro, Australian dollar and Japanese yen.

If a trader makes the decision to trade binary options on currency pairs, it is important to develop a trading strategy which necessarily requires an adequate understanding of the interrelationships between currencies. For example, if we are trading with options based on the USD/JPY, it is important to have a clear idea about the yen sensitivity to changes in the dollar. Learning the basis of the behavior of the currency pairs in the Forex market is essential to maximize opportunities when trading binary options based on these instruments.

Market Facilitation Index (MFI) Indicator – Interpretation & Signals

by rcanessa

The Market Facilitation Index (MFI) is a technical indicator developed by Bill Williams which analyzes the change in the price of a financial asset in connection with its trading volume, ie analyzing the change in price for each volume unit.

In much simpler words, the Market Facilitation Index (MFI) is an indicator based on the trading volume in the market. The difference between the MFI and the traditional volume indicator is that it does not take into account variations in prices, it only takes into account the number of shares or contracts that are traded in a market. The market facilitation index goes further. That is, it takes into account price variations and, at the same time, the volume traded.

Trade Like A Champion Competition of EasyMarkets

by rcanessa

EasyMarkets Trade Like A Champion Contest

To commemorate the first season of its association with the famous soccer team Real Madrid C.F., the broker EasyMarkets is launching the “Trade Like A Champion” trading competition that will last 60 days with a prize of 10,000 USD in cash for the first place. All the company’s clients can participate in this tournament and they all have the same chance of winning.

There are no volume or deposit limits to enter the contest and the winner is calculated based on the percentage of their winning trades, not their trading volume, which means that everyone is eligible to win if they complete 30 trades within the 60-day competition period.

-Competition period: This trading tournament will last 2 months and will be held from October 1 to November 30, 2020.

What is a K-shaped economic recovery?

by rcanessa

The outbreak of the COVID-19 pandemic brought an unprecedented slowdown to the world economy. Now, economists wonder what kind of economic recovery awaits us.

With COVID-19 spreading around the world and much of the world’s population confined, the economy stopped, global GDP fell sharply, and jobs were massively destroyed. With the world trying to return to a new normal and states trying to grease the economic machine, analysts are trying to explain what the economic recovery will look like.

Looking for a way to describe the resurgence of the economy, they have turned to the alphabet. This is where we speak of a recovery in the shape of U, V, W and L. But, the letter chosen by most economists to interpret the current economic outlook is K.

RoboForex 10th Anniversary Promotion – $1,000,000 in Prizes

by rcanessa

The Forex and CFD broker RoboForex, an online broker regulated by bodies such as CySEC of Cyprus, is celebrating its 10th anniversary through a promotion for its clients and affiliates. This promotion has a total prize fund of $1,000,000 that will be distributed among the winners over a period of 8 months.

-Promotion period: This promotion will start on October 1, 2020, and will last a total of 8 months. In each month from October to April 2021, RoboForex will raffle about 30 cash prizes totaling $100,000. Additionally, in May 2021, the company will hold a Grand Final Prix with a total prize pool of $300,000.

SEC is willing to promote tokenized shares on blockchain, says its chairman

by rcanessa

Clayton views tokenization as positive as long as it is registered with the SEC. Blockchains will be “the internet of finance,” according to Brian Brooks, Comptroller of the Currency The Securities and Exchange Commission of the United States (SEC) would have the disposition to promote the tokenization of shares through blockchains. This was stated by the president of the SEC … Read more

Expanding Triangle – How to trade with this price pattern?

by rcanessa

What is the expanding triangle pattern? The expanding triangle pattern, also known simply as expansionary formation, is formed during periods of very high market volatility, with many price oscillation and a not very clear trend. With each swing the pattern expands further, forming two opposite trend lines. An expanding triangle consists of a series of swings that widen as price … Read more

These are the prices that bitcoin needs to reach Visa, Amazon, or Apple

by rcanessa

Bitcoin compared with Facebook, VISA and Apple

Bitcoin could be measured against the greats names of the corporate world, given its growth potential.
To catch up with Apple, Bitcoin would have to grow 10 times. A 60% boom would bring it closer to JPMorgan.

While Bitcoin is still on the scale of a midsize corporation, with a market capitalization of about $ 200 billion, various studies rate it as undervalued, and with enormous potential to grow as a safe haven asset. In the various growth scenarios, Bitcoin can challenge giants like Visa, Facebook and Apple in market value.

In the study on Bitcoin as an investment, published on Monday, September 21, Ark Invest analyzed several strengths of bitcoin, including its conditions as a store of value asset or its anti-confiscatory potential. By analyzing the scenarios of maximum development of these strengths, Ark Invest concluded that the capitalization of Bitcoin could reach between USD 3 trillion and USD 5 trillion in the next decade.

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