Investment Education

Knowing the difference between common trading myths and reality is essential to long-term success.

Our expert analysts shed light on the biggest lies in forex trading vs the truths.

Consistent trading is often more effective than a perfect system that grabs 100% of the pips.

According to CoinDesk: The US House of Representatives has agreed on an amendment in their government spending plan that could limit financial resources for the US Securities and Exchange Commission (SEC) to enforce actions against cryptocurrency businesses. Majority Whip, Tom Emmer (R-Minn.), a leading House member and an active supporter of cryptocurrency, introduced the amendment. Emmer accused SEC Chair, Gary Gensler, of attempting to direct the cryptocurrency sector through enforcement actions instead of policy-making. On Wednesday, the House appropriations bill, also known as the Financial Services and General Government Appropriations Act of 2024, was revised by several amendments, including Emmer's provision. The amendment, Emmer argued, will prevent the SEC from utilizing funds for enforcement activities related to digital asset transactions until Congress adopts legislation granting the SEC jurisdiction over digital assets. This move aims to keep Gensler, who Emmer referred to as ineffective and incompetent, in check while Congress works to enable industry growth within the United States. However, any House funding catch-all package also needs approval from the Senate, where Democrats tend to be more supportive of Gensler. Senate Banking Committee Chairman Sherrod Brown (D-Ohio) and others have actively endorsed Gensler's approach towards enforcement actions against crypto firms. The Blockchain Innovation Project's co-chairs, former Reps. David McIntosh and Tim Ryan, assisted with Emmer's amendment and stressed the need for a bipartisan solution that allows blockchain technology to flourish while protecting American consumers and investors. Gensler affirmed on Wednesday that his agency has initiated nearly 150 actions against crypto firms, a record he is proud of.

We find ourselves about six weeks into the government's fiscal year 2024, and I've got to tell you, if this year is anything like the last one, we're in for ...

We find ourselves about six weeks into the government's fiscal year 2024, and I've got to tell you, if this year is anything like the last one, we're in for ...

According to Cointelegraph: The London Stock Exchange Group (LSEG), the parent company to the London Stock Exchange and multiple fintech firms, seeks a director for digital assets according to its LinkedIn job posting. In its quest for the right candidate, LSEG listed several qualifications, including a “passion for and understanding of digital assets, cryptocurrencies, and distributed ledger technology.” According to the job description, the successful candidate will aid the company in developing and implementing a commercial strategy for new infrastructure solutions. The appointee will also help enhance LSEG's position and reach within digital private markets. However, a representative from LSEG told Cointelegraph that they could not provide additional details about this development at this time. This move follows LSEG's earlier announcement about their plan to utilize blockchain technology for the creation of a traditional asset trading platform. Through this venture, they aim to increase the efficiency of holding, purchasing, and selling these assets. Despite LSEG’s interest in blockchain technology, the group's head of capital markets, Murray Roos, clarified that they would not be venturing into cryptocurrency-related projects. This comes amidst increasing regulation in the UK's crypto environment. In October, the UK passed a bill allowing authorities to confiscate Bitcoin used in criminal activities and announced new stablecoin regulations. Furthermore, the country's financial watchdog issued a warning to crypto companies to comply with marketing regulations by January 2024, tightening its oversight of the rapidly growing industry.

Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=9o-ilzXLVnw VIDEO TRANSCRIPT Hello everyone, welcome back. My name is Greg Firman, and this is the VantagePoint AI Market Outlook for ...

According to The Block: Switzerland’s fifth-largest cantonal bank, St. Galler Kantonalbank (SGKB), has introduced bitcoin and ether custody and trading services in collaboration with SEBA Bank. The services launch marks SGKB's first venture into the digital asset space. This week, SGKB announced the offering to a select group of clientele, with plans to expand its digital assets services by adding more cryptocurrencies, based on client demand. Christian Bieri, SEBA Bank Head of B2B and Custody Solutions, expressed his pleasure over supporting SGKB with their expertise in digital assets services expansion. He added that following a short implementation project and a contract signing earlier this year, SGKB is now ready to offer cryptocurrency access, initially to bitcoin and ether, with other currencies to follow shortly. The partnership with SEBA Bank will facilitate SGKB's clients in integrating cryptocurrencies into their existing investment portfolios. According to Falk Kohlmann, Head of Market Services at St. Galler Kantonalbank, the cooperation has led to a straightforward initial setup that will enable them to learn and grow in line with their clients' requirements. SGKB is part of the 24 Swiss cantonal banks, partially owned by Switzerland's federal governments. Meanwhile, SEBA Bank, a licensed entity under Switzerland's FINMA financial markets regulator, offers digital asset services to other banking institutions, including both private and retail banks such as LGT Bank Liechtenstein and Julius Baer Bank.

According to Odaily: At the recent "KUN & Hashkey Exchange" strategic cooperation signing ceremony, Hashkey Group's founder Dr. Xiao Feng announced an alliance with Yuanbi Technology and Zhongan Bank to jointly release stablecoins in Hong Kong. Yuanbi Technology, lead by former president of the Hong Kong Monetary Authority, Chen Delin, has the Hong Kong Monetary Authority's stored value facility (SVF) license. Its notable shareholders include members of ZhongAn Online’s ZhongAn Digital Asset Group and HashKey Holdings Limited. This alliance will strengthen the burgeoning FinTech ecosystem within Hong Kong and could potentially pave the way for broader crypto adoption in the region. Further details about the joint issuance of stablecoins, their underlying protocols, and potential use-cases are to be outlined by the companies involved.