OANDA partners Paxos to launch crypto trading in US

OANDA partners Paxos to launch crypto trading in US

To introduce a cryptocurrency trading service in the US, OANDA has teamed up with Paxos. With the new service, investors in the US now spot trade cryptocurrencies on Paxos’s itBit exchange via the OANDA mobile app. Due to the fact that everything—from Paxos account opening to funding to trading—is controlled within the app, investors will…

Hackers have stolen record $3 billion in cryptocurrencies this year

Hackers have stolen record $3 billion in cryptocurrencies this year

According to blockchain analytics company Chainalysis, hackers have stolen more than $3 billion in cryptocurrencies so far this year, breaking the previous record of $2.1 billion established in 2021. In a string of tweets published on Wednesday, Chainalysis said that a sizable portion of that $3 billion, or roughly $718 million, was stolen this month…

The US Dollar Index and how you can trade it?
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The US Dollar Index and how you can trade it?

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the US dollar in relation to a basket of other currencies, including those of the US’s major trading partners. The Dollar Index rises when the US dollar strengthens against the basket’s other currencies and falls when the dollar…

Liz Truss resignation, what happens next?
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Liz Truss resignation, what happens next?

With Liz Truss resignation, the race for the Conservative Party’s next leader has begun. Because the law requires that there always be a Prime Minister, Truss has stated that she will remain in the position until her successor is named. The search for a replacement after Liz Truss resignation is expected to be completed by…

Mastercard helps banks offer cryptocurrency trading

Mastercard helps banks offer cryptocurrency trading

Mastercard wants to bring cryptocurrency to the masses by making it easier for banks to participate. According to CNBC, the payments giant plans to announce a program Monday that will assist financial institutions in offering cryptocurrency trading. Mastercard will serve as a “bridge” between PayPal and Paxos, a cryptocurrency trading platform. According to the company,…

How to choose a good Forex trading platforms?
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How to choose a good Forex trading platforms?

When first starting out in trading, one of the most important aspects is deciding on forex trading platforms to exploit. Nowadays, there are so many options to choose from that beginners can easily become perplexed. What exactly is a trading platform, and how can you make an informed decision? Let’s figure it out right now….

Forex risk management strategies in trading
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Forex risk management strategies in trading

What is forex risk management? Forex risk management involves implementing a set of guidelines and safeguards to make sure any unfavorable effects of a forex trade are controllable. Since it is not a good idea to start trading and then try to limit your risk as you go, an efficient approach necessitates careful planning from…