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President Trump has finally called his agencies and told them to cooperate as the General Services Administration acknowledged President-elect Joe Biden, winner of the presidential election. This news has powered up the risk-on rally as it has mitigated further risk for the stock markets. A formal process of transition of power has started now, and…
Investors are feeling optimistic today and believe that the potential coronavirus vaccine can end the pandemic. Pfizer and Moderna have both produced their phase-three trial results, and have applied for the emergency use of their vaccine. The hope is that we will soon see the coronavirus vaccine available across the world. However, the global economy’s…
Why Do People Invest in Cryptocurrencies? Cryptocurrencies rose to stardom in 2017-2018, despite having been around for almost a decade prior to that. Even though the hype of the crypto-rush has passed, they have retained an air of aura about them. The investing world still has fond memories of the huge returns that this exciting…
Whether or not there is a Satoshi Nakamoto is a moot point. What is clear is that in the aftermath of 2008, two lessons were learned by too few: Spending more than one owes – debt – entails a departure from pure capitalism in that it introduces a form of bondage into a system that…
AvaTrade is introducing three new crypto pairs and updating three others as the world – both financial and otherwise – marches towards a borderless, seamless environment that encompasses finance, technology and the rule of law.
“Faceboook’s decision to enter the crypto craze has legislators are up in arms. Are they worried about regulation or scared of the new order?”
Bitcoin is making its comeback; whether it will rise to, or surpass its former 2017 glory is unknown, but the Bitcoin bulls are feeling optimistic. In the world of technology, where evolution is measured in mere minutes, Bitcoin is rather old as it celebrated its 10th birthday at the beginning of 2019. It was only…
Cryptocurrencies are a form of digital money that runs on a completely new monetary system, which is decentralised and peer-to-peer. Essentially, this means that cryptocurrencies eliminate trusted third parties, such as banks or governments. For such a network to work effectively, it needs to be foolproof, with every transaction done in a transparent and verifiable…
Register Now Try Free Demo On our site you can find additional usefull information on the following topics: Cryptocurrency trading with AvaTrade; A guide on how to trade cryptocurrencies; Cryptocurrency trading conditions; Deposits and Withdrawals FAQ.
The demand for digital currencies globally has continued to rise ever since their introduction in 2008. However, with more than 1500 types of cryptocurrencies, capped at trillions of dollars being traded globally, and with the expansion of the underlying blockchain ledger system, there is an increasing awareness by regulators and governments across the globe about…
Since its launch in 2009, Bitcoin has dominated the cryptocurrency scene. To this date, it remains the poster child of the crypto world, the gold standard. But it has also inspired many spinoffs or crypto projects, and there are now over 1500 crypto coins on the market. Apart from Bitcoin, here are 10 of the…
Things You Didn’t Know About Ripple Ripple has a birthday, and we want to tell a story about it. ☑️ Here are 5 interesting facts about Ripple network and XRP coin that you didn’t know. Register Now Try Free Demo Many traders’ portfolios enjoy the benefits of Ripple’s glitz and glam. But not everyone can…
Saying that 2008 was not a good year is a serious understatement. The world was in the middle of a financial crisis, the worst of its kind since the great depression of the 1930s. But even in dark days, there is always a ray of hope. On the 31st of October 2008, the Bitcoin whitepaper…
Cryptocurrencies are truly a unique type of investment. On any given day, a crypto may see double or even triple-digit gains or losses, making it incredibly difficult for most traders to determine the actual cryptocurrency value of a particular coin. However, if you invest in Bitcoin or any other digital currencies, knowing how to compare…
In 2009, when the Bitcoin whitepaper came out, the idea was clear: there was a need to create a decentralised currency system that would free the ‘masses’ from the firm grip of central banks and other financial institutions. Bitcoin was born, becoming the currency of the people, effectively making fiat the currency of governments. Almost…
Over the past few years, cryptocurrencies have had a big impact on the global financial niche. Although Bitcoin and most other cryptocurrencies have declined in value in recent months from record highs last year, they now appear to be stabilising. This has led financial experts to conclude that cryptocurrencies are likely to thrive, moving forward….
As explained in the previous parts (1,2) of this article, cryptocurrencies are not considered to be assets since they do not generate any cash flows and are not commodities in the traditional sense since they are not raw materials used to produce anything useful. However, there are some digital currencies, like Ethereum, which take on…
To further understand the nature of Bitcoin and other cryptocurrencies and how they relate to traditional assets, we need to examine the differences between investing and trading them. Key to this is the fact that you can both price and value assets. Interestingly though, you can price commodities more easily than you can value them,…
One of the most interesting arguments of the modern age of financial investment is that between the opponents and supporters of digital money. On one side, those against cryptocurrencies contend that Bitcoin and other such digital currencies are a scam and that people who are “fooled” into buying them will soon pay the price for…
