More than a decade after Bitcoin’s introduction, there is still considerable confusion about its taxes. The cryptocurrency was conceived of as a medium for daily transactions but it has yet to gain traction as a currency. Meanwhile, it has become popular with speculators and traders interested in making a quick

Digital money (or digital currency) refers to any means of payment that exists in a purely electronic form. Digital money is not physically tangible like a dollar bill or a coin. It is accounted for and transferred using online systems. One well-known form of digital money is the cryptocurrency Bitcoin. Digital

In the world of cryptocurrency, bounty programs are used by coin developers to incentive actions before the initial coin offering (ICO). An ICO is the crypto equivalent of an initial public offering (IPO), and it’s used for the exact same purpose: to raise funds. A bounty program essentially gives out

A cryptocurrency is a medium of exchange that’s used to carry out a digital financial transaction. It’s a virtual currency that’s bought and sold online. Cryptocurrencies are independent of any control by a central authority – that’s why it’s a decentralized currency. Cryptocurrency uses cryptography for security. Cryptography is converting

One of the safest methods for forex trading is trading with the big picture in mind. The big forex picture takes into account all of the information available for a currency pair. Such big-picture information includes things like the interest rates in both countries, the functions of each country’s economy, and the current

What is the future of banking, central banking and financial intermediation in a world in which cryptocurrency is dominant? Let’s speculate a bit, with the proviso that no one can fully anticipate how these markets will evolve. We can find hints in the speech by IMF head Christine Lagarde at a Bank

Many people like trading foreign currencies on the foreign exchange (forex) market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. Forex trading can

Here’s the bad news: there is not 100 percent accurate forex trading system. You probably knew that, but it’s human nature to try to find a perfect solution even when our commonsense tells us that it doesn’t exist. The good news is that there is a short list of “best practices”

A forex brokerage is an entity that connects retail forex traders with the forex market. The forex market is traded on the “interbank” which is a fancy way of saying banks trade electronically with each other at various prices that may change from bank to bank. A forex trading account is

Whether it was a technology meltdown, a lapse in discipline, or just a sustained bleed out of trading capital, nearly every trader will face a big loss (or several) in their career. How to bounce back after a big loss isn’t complex; it can be done with a few simple