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Sunday, 24 September 18:31 (GMT -05:00)



Foreign exchange market

Bitcoin Sets New All-time High, Experts Predict Market Crash


Bitcoin is reported to have set another all-time high. In particular, the exchange rate exceeded $4000 per 1BTC. At the same time, more and more experts start predicting another crash in the Bitcoin market.
 

 

 

 

For those of you who don’t know, since early August, Bitcoin has already gained 60%. Which is even more amazing, the world’s number-one cryptocurrency has quadrupled in value since early 2017.
 

 

At the same time, international experts are trying to figure out the price ceiling and the chances of another market crash after the rally. Another all-time record was set at $4482 per 1BTC. Given the fact that in early August Bitcoin cost around $2800, it’s safe to say that since then Bitcoin has already gained 60%, NordFX analysts report.
 

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At this point, Bitcoin’s market capitalization is well over 467 billion, which is confirmed by the stats, courtesy of Coinmarketcap.com. As for the reasons why Bitcoin set another all-time price high, experts say that this is all about recognizing Bitcoin in South Korea, increased demand for Bitcoin in Japan, as well as successful renewal of the Bitcoin protocol on August 1st. Another reason for the recent BTC rally is the fact that international stock markets saw a drawdown because of a new round of tensions between the USA and North Korea.
 
When estimating the dynamics, experts are amazed at the fact that in early 2017 Bitcoin cost around $1000. At first sight, it seems that everything that’s going on around the world has been backing the growth of the world’s biggest and most popular crypto currency. Japan was the first country to recognize Bitcoin as an official payment means a couple of months ago. Now, South Korea has done the same. Over the past few days, Japan has been trading Bitcoin heavily. In fact, almost 50% of the global BTC turnover is denominated in the Japanese Yen while the U.S. Dollar accounts only for 25% of the turnover. The rest of the turnover is distributed between the Chinese Yuan and the South Korean Won.
 
At this point, Bitcoin is supported even by geopolitical tensions. Amid uncertainty in financial markets, investors are looking for alternatives. The recent press release by Goldman Sachs reads that it’s getting harder and harder for institutional investors to ignore the cryptocurrency. Some experts agree with that and make really brave predictions. They say that Bitcoin may skyrocket all the way up to $10K, especially as cryptocurrencies in general are expected to gain even more popularity worldwide.
 

 

At the same time, other experts seriously doubt the bright future of Bitcoin and other cryptocurrencies. They remind us that in 2011, there were 3 market bubbles in the market of Bitcoin, and all of them ended up with a market crash. That said, the entire history of Bitcoin is a roller-coaster with continuous ups and downs, mostly of speculative nature. Both the parties can reason their standpoint. Who will be right? Well, we’ll wait and see. 

 

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NordFX Offers IB Partners Bigger Profit Opportunities

 When it comes to professional moneymaking in today’s Forex environment, everything basically boils down to 2 options:

 
a) You make money directly from trading currencies.
b) You become some kind of an affiliate in the FX business. More specifically, you work as an Introducing Broker (IB) for an FX broker and get paid for inviting traders to join the company. More often than not, IBs get paid 20% to 50% of the spread paid by the trader. The IB pays a certain share of the profit back to the trader as a rebate (that’s a kind of cashback). So, rebate is some kind of an extra profit for the trader. By the way, rebate is something that’s become natural in the international Forex community.
Publication date: 24 September 02:38 PM

Is it Worth Becoming a Bitcoin Investor?

Over the last 12 months, Bitcoin has gained almost 600%. That’s why more and more people all over the world are starting to think about investing in Bitcoin and other digital currencies, Market Leader reports.

Publication date: 24 September 07:50 AM

World’s Best Forex Brokers Revealed: NordFX, Alpari and Dukascopy

When it comes to Forex or any other financial market out there, successful trading and investing depends on a number of components. However, the 3 major pillars are a time-tested trading system, conservative money management, and a reliable Forex broker. If you ignore any of the pillars, FX trading or investing instantly turns into gambling, with no chance to succeed in the long run.

Publication date: 21 September 08:17 AM

NordFX Simplifies Cryptocurrency Trading

NordFX, one of the leading forex brokers, is offering traders a pleasant surprise. Since September 4, any NordFX client can start trading Bitcoin or other cryptocurrencies on their Standard account. For now, the asset index has been expanded with 3 assets – BTC/USD, LTC/USD, and ETH/USD. This means that you can trade those 3 digital currencies through MetaTrader 4. We remind you that previously, NordFX clients had to open a standalone “Crypto” account to start trading those cryptocurrencies.


Publication date: 19 September 04:00 PM

Blockchain Will Oust VISA, Ethereum Co-Founder Says

 According to Vitalik Buterin, co-founder of Ethereum, claims that the blockchain technology is going to oust conventional financial companies like VISA from the market or at least take most of their market share in the near future. The co-founder of Ethereum, which is one of the most popular cryptocurrencies to date, told that during the Q&A for TechCrunch, Market Leader reports.

 

 

 

 
Publication date: 19 September 05:34 AM

Bitcoin to Grow by 30% More in 12 Months, Experts Predict

By mid 2018, Bitcoin is may reach $6000 per 1BTC. This is what Tom Lee, who is the founder of Fundstat, thinks on the matter. According to the respected analyst, the chances of Bitcoin reaching this $6K threshold is pretty high right now. Yet, he assumes that this will not be the limit and the world’s first cryptocurrency will break about the $6K threshold some time later.

 

 

 


Publication date: 18 September 11:38 AM

Pavel Krymov: China’s Bitcoin Ban Is Probably All About Manipulation

Pavel Krymov, a famous expert on financial markets, urges investors to stop panicking about the news that China supposedly banned Bitcoin.

 

 

 

 

Around a week ago, international headlines cried that the People’s Bank of China had banned ICOs. For those of you who don’t know, an ICO stands for an Initial Coin Offering and has to do with crypto currencies.
Publication date: 14 September 12:10 AM

Bitcoin Market Cap Exceeds $150 Billion

Publication date: 09 September 04:10 AM

Cryptocurrency for Investors: Vulnerability Overweighs Profitability?

Cryptocurrencies have been dominating international headlines over the last few months. Unfortunately, there are some unpleasant speculations and manipulations seen in the market despite the continuous growth shown by Bitcoin, Litcoin, Ethereum and other popular digital currencies. 

Publication date: 09 September 03:59 AM

Masterforex-V Expo Names Best FX Brokers for Beginners. August 2017

The first crucial choice anyone has to make when coming to the international forex market is to choose the right forex broker. Most people out there are convinced that all brokers are the same and choosing the broker is something irrelevant, which is not the case.

 

 

 


Publication date: 04 September 01:27 AM