Merlin Rothfeld
Online Trading Academy
As their value continues to increase exponentially, more and more people are talking about Bitcoin, Ethereum, Litecoin, Ripple and the many other cryptocurrencies that are being created every day. But what are they exactly? How do you purchase them? Where do you keep them and who will accept them as payment? Watch this webinar with our expert, Merlin Rothfeld, to learn the basics of cryptocurrencies.
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD backslides into 1.05 as Euro bids remain elusive
EUR/USD kicked off another trading week with a decline back into familiar near-term lows, flubbing a fresh run at the 1.0600 handle and backsliding into 1.0500, shedding nearly eight-tenths of a percent on Monday.
GBP/USD turns bearish, ends three-day winstreak
GBP/USD backslid below the 1.2700 handle on Monday, kicking off the new trading week by snapping a three-day winning streak and keeping Cable on the low side of the 200-day Exponential Moving Average.
USD/JPY rebounds with US Dollar to test 150.00
USD/JPY bounces back to test 150.00 in the Asian session on Tuesday. The return of risk-off flows and a revival in the US Dollar demand underpin the pair. However, any meaningful upside seems limited in the wake of rising bets for another BoJ interest rate hike later this month.
Editors’ Picks
AUD/USD turns south toward 0.6450 as souring sentiment lifts US Dollar
AUD/USD is falling back toward 0.6450 in Tuesday's Asian trading. The pair is undermined by the widening Australian Current Account deficit and a renewed US Dollar uptick as risk sentiment deteriorates on China's economic concerns and looming Trump's tariffs threat. Focus shifts to top-tier US economic data for fresh impetus.
USD/JPY rebounds with US Dollar to test 150.00
USD/JPY bounces back to test 150.00 in the Asian session on Tuesday. The return of risk-off flows and a revival in the US Dollar demand underpin the pair. However, any meaningful upside seems limited in the wake of rising bets for another BoJ interest rate hike later this month.
Gold price licks wounds below $2,650, buyers seem non-committed
Gold price is licking its wounds below $2,650 in the Asian session on Tuesday amid resurgent safe-haven demand for the US Dollar on the back of Trump's tariff threats and geopolitical uncertainty. Gold, however, remains in a familiar range as traders await key US labor data for cues on Fed's rate cut outlook.
Ripple bulls target new all-time high at $3.57 as WisdomTree files for XRP ETF
Ripple's XRP continued its rally with a 25% surge on Monday, stretching its monthly gains to over 430%. Following the recent uptrend, the remittance-based token now ranks #3 among top cryptocurrencies despite witnessing a mix of bullish and somewhat bearish investor actions in the past few days.
Trump warns BRICS over Dollar rival plans
Donald Trump, the incoming U.S. President, has issued a strong warning to BRICS nations over their plans to challenge the dominance of the U.S. dollar in global trade.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.