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Latest articles from this author

How Forex is the Least Affected Market During COVID-19 Pandemic

Besides a significant loss of lives, the ongoing COVID-19 pandemic had also had a significant effect on the world economy. Some financial experts are already discussing the possibility of the upcoming 2008 style Great Recession. In those times it is curious to discover that the Forex might be the least affected market by this pandemic. Firstly, let us take a look at the Stock Market. By February 12th, 2020, the Dow Jones Industrial Average reached another all-time high level of 29,551. As the virus spread and the death toll increased, the stock prices started to fall dramatically. By March 23th the Index declined to 18,592. This ...

The benefits of merging blockchain and artificial intelligence

The benefits of merging blockchain and artificial intelligence

The evolution of technology has aided in improving the way we live and work today. The implementation of these new technologies has given us the ability to carry out unimaginable tasks and at speed, increasing the pace of the world today. The developments of new technologies almost always come with great potential in changing antiquated ways of working and propelling them into the future. However, merging technologies can create huge advantages and massive opportunities. Artificial intelligence, more widely known as AI today, is the theory and practice of creating and building machines which are capable of carrying out tasks that...

The effect of COVID-19 on the forex market

[vc_column width="3/4"]The novel coronavirus has taken over the entire world in just a couple of months. There’s basically no country left that hasn’t been affected by this virus in one way or another. Healthcare, travel and a bunch of other sectors have had to adjust to the new reality, not to mention the fact that we all have had to do that as well. One of the biggest problems COVID-19 has created though was that it took its toll on the global economy which is now in one of its lowest states in a very long time.And now with a lot of countries on the verge of an economic crisis, there’s basically no industry or sector left untou...

Beginners Guide To Cardano: What Is It?

Bitcoin made waves because of a meteoric rise in its price. Ethereum followed and became another contender for the most popular cryptocurrency title. While these historically popular cryptocurrencies still rule the game, crypto investors and enthusiasts are always on the lookout for new, better coins that will unsettle the legacy coins and possibly claim the throne. In fact, a thousand other cryptocurrencies got introduced to the public in the past couple of years. In this regard, an obscure coin known as Cardano emerged out of nowhere and took the world of crypto by storm.Cardano, What Is It?Cardano is a platform for smart contr...

Tips for trading Cryptocurrencies & Personal finance

The following article does not provide investment advice, contributed by a guest authorIn the ever-changing world of today, technology is changing at rapid speeds and there is always certainly something shiny and attractive enough to make you spend your well-earned money. If the bills and mortgage are not demanding money off you, it's that new smartphone with a hundred cameras on it that you convince yourself you need. Truth be told, it is difficult to save money in today’s economy, especially with the introduction of new taxes such as the new sugar tax, spiking the price of small indulgences, but it’s not impossible to save.An i...

Bitcoin Halving: Everything You Need to Know

Bitcoin Halving: Everything You Need to Know

There is no doubt that Bitcoin has brought about a seismic shift in the way people have done currency transactions. A frenzy on how to invest in Bitcoin came about in 2018 when the value hit $20,000. Bitcoin may no longer be in the headlines as it used to be a year or so ago. A large part of it might be due to the falling value, but Bitcoin is set to undergo a crucial milestone that may just kick-start a new bull run.Bitcoin halving is the event that has once again raised hopes that the cryptocurrency will find its way back in the mainstream media.What Is Bitcoin Halving?It is the event where miners see a substantial reduction in...

26 December, 2019

Kenya’s Chinese railway paints a terrible financial picture for the future

Kenya’s Chinese railway paints a terrible financial picture for the future

Several years ago, the Chinese government offered a helping hand to Kenya by building them a renewed railway all the way from Mombasa to the capital Nairobi. This allowed the transportation time to be cut by more than 3 hours and have the logistics of every importer be a bit more manageable. Although that was indeed the case, considering that most importers could simply load up all of their goods straight in the port and send it directly to the capital, it increased the prices of transportation drastically.According to some, the prices grew by nearly 50%, and there was almost no alternative as well, due to pressure from the gover...

09 December, 2019

PayPal leaves the Libra project! Will this have major implications in the crypto

PayPal leaves the Libra project! Will this have major implications in the crypto community?

PayPal seems to have finally had enough with the Libra regulation shenanigans and decided to leave the association to avoid any further collateral damage onto its own brand as well. The representatives of PayPal have outlined that even though they have decided to withdraw their brand from the association, it does not mean that they don’t support the Libra project. It was clearly outlined in the official comment that, PayPal executives have been collaborating with Facebook on multiple occasions and this small fluke in collaborations is nothing in the grand scheme of things.The representatives from the side of Libra have also annou...

07 October, 2019

Is Bitcoin a good safe haven during a recession?

Is Bitcoin a good safe haven during a recession?

Rumours have been floating around the internet that the world is headed for yet another economic recession similar to the one that occurred in 2008, but nothing has been confirmed yet. The yield curve in the United States is starting to show signs of a looming recession, but not to a point where speculators can base their trading decisions on it.Therefore, it’s like floating in a limbo of uncertainty at this point as investors start to search for safe-haven investments wherever they can find one, but to no avail. Any type of investment during a recession has proven to be redundant, as there is nowhere to hide. People who lost the...

30 August, 2019

Bitbns joins hands with OKEx for Strategic Partnership to accelerate cryptocurre

Bitbns joins hands with OKEx for Strategic Partnership to accelerate cryptocurrency adoption in India.

[stm_post_details] Bitbns, the largest cryptocurrency exchange in India, has entered into an agreement for Strategic Partnership with OKEx, one of the leading cryptocurrency exchanges globally.The collaborative move aims at boosting cryptocurrency adoption in India to bring better cryptocurrency trading experience for users across the globe, and also spread awareness among masses regarding the utility of cryptocurrencies. “We are excited to partner with OKEx, one of the leading Cryptocurrency worldwide. Bitbns and OKEx both share a common vision of driving the faster expansion of the new asset class among the global countrie...

29 August, 2019

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