The Good: Bitcoin Network Adds Biggest Block to Date Over 9 months into the bear market for Bitcoin, there are signs of technological improvements in Bitcoin. The average block size is 0.804MB and includes 1,609 transactions per block. On September 5th 2018, block number 540107 came in at 2.260MB and only 230 transactions. This was accredited to the implementation of soft fork Segwit. Google Reverses Cryptocurrency Ad Ban In October, Google will allow regulated cryptocurrency exchanges to advertise in the US and Japan. Google...
The US is entrenched in a trade war with China and it appears as this could last for years or longer. Some compare it to the start of a new cold war as tensions rise, both economies compete against each other and China is boosting its reach across the globe. This is by far the only trade related conflict the US is currently stirring up. This year in May, the Trump administration withdrew from the Iran accord and asked its allies to do the same. The EU, China and Russia have different plans in order to create legitimate trade with Iran,...
Most forex traders rely on technical analysis books written for stock, futures, and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method and it is simply trading without technical indicators. Traders who use standard technical indicators focus on the indicators. Traders using naked trading techniques focus on the price chart. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise...
After I finished high school, my parents took me on a trip around the world as a present for my good grades and as an inspiration to continue to do well in my studies. The hope was that I would excel at university and get a career started in the highly competitive world of finance. My father’s ultimate goal was to get me to work for the family business and contribute to its success. My brother already completed law school and is being groomed to head the firm’s in-house counsel while my older sister finished med school and is a doctor. I am...
After UK Prime Minister Theresa May delivered a 10 minute dinner speech last night to her EU counterparts over dinner, the mood is not what many hoping for a Brexit deal would wish for. She asked for more concessions, especially when it comes to the Irish border issue, in order to convince many in her own party that the Brexit deal negotiated is a good one. EU leaders showed no signs of giving concessions to May and the UK and in general struck a pessimistic tone on Thursday in Salzburg. Leading the pessimistic group was, as has been...
