News

Cryptocurrency a threat to traditional banking?

Apr. 05, 2018

Blockchain organisation Ethereum have recently announced one of the first cryptocurrency debit cards. Banking institutions have begun to recognise the game-changing significance of cryptocurrencies and have stated their concern over it. In 2018 the Bank of America commented that they consider this form of transaction “speculative” and “risky“. However, they also predict that “substantial expenditures” […]

The ESMA Ban On Binary Options, Why Traders Don’t Care

Mar. 30, 2018

We Knew It Was Coming, And We Don’t Care The ESMA followed through with its plans to ban binary options within the EU. The regulator, acting the interests of consumers, have issued a blanket ban on all brokers, trading and options with a limited time frame and all-or-nothing payout. According to the press release, the […]

Central Bank Outlook Is The Path To Success

Mar. 23, 2018

Policy Tightening Is On The Way The March round of central bank meetings has come and gone. The results are largely as expected with the usual changes in nuance to drive analysts crazy. While most banks see economic growth accelerating and the need for tighter monetary policy their newly minted hawkish positions are tempered by […]

Will The ESMA Ban Binary Options

Mar. 17, 2018

Last December the ESMA, the European Securities and Markets Authority, shocked traders with news they were planning a blanket ban of all retail binary options trading. If they follow through with this and other proposed rules it could change the face of binary, forex and CFD trading forever. Along with a ban of binary options […]

Textbook Entry Point For Major Cryptocurrencies

Mar. 09, 2018

If You Missed The First Bounce… If you missed the first bounce cryptocurrencies made from their post-correction bottom they are doing it again. I don’t know any better way to say it that this, the major crytpocurrency pairs are offering text-book entries that buyers should not ignore. Sure, they may retest support and dip a […]

EUR/USD Market Forecast For March- Range Bound

Mar. 02, 2018

The EUR/USD Is Range Bound (And That’s Good News) It’s no secret that the EUR/USD is range bound. Anyone can look at a chart and see that it has been trading sideways between 1.2200 and 1.2550 since the middle of January. What most people don’t know is what’s causing this trend in the face of […]

More Proof That Banning Binary Options Doesn’t Work

Feb. 23, 2018

The Regulators Keep Fighting But The Scams Don’t Stop Binary options regulators keep fighting fraud but the scams just don’t stop popping up. To emphasize this point the Belgian regulator FSMA revealed some data that shows just how pervasive fraud, not just binary options fraud, can be. Their data shows the number of complaints rose […]

Cryptocurrency Market Rebound (It’s Happening Now)

Feb. 16, 2018

South Korea Says No Ban For Bitcoin After retracing more than 50% of its value the rebound in Bitcoin and the broader cryptocurrency market has begun. The correction was caused, among other things, by fears South Korea would ban all Bitcoin trading. The ban was nearly enacted but widespread outcry prevented it from happening. Now, […]

No Reprieve For Scams

Feb. 09, 2018

Israel’s Supreme Court Upholds Binary Options Ban Israel’s proposed ban of binary options, an industry that once generated $1.75 billion annually, has come into full effect. The last-ditch effort by brokers and tech providers to block the ban was denied. The nation’s supreme court has upheld the legislation stating that criteria for imposing a block […]

Bloodbath In Crypto Market Equals Entry For Bulls

Feb. 02, 2018

A Bottom Has Been Reached In The Crypto Market Not to say how strong that bottom is, or where it may lead (you never know what kind of news will emerge) but a bottom has been reached in the cryptocurrency markets. It’s taken quite a few weeks for us to reach it, we’ve seen a […]