The bitcoin price has reached a new record high, breaking through $68,000, and analysts predict that the world’s best-known cryptocurrency will rise further in the coming weeks. This beats the previous record high set in late October, when bitcoin reached nearly $67,700 before falling back again when investors discovered a new cryptocurrency, shiba inu. Other cryptocurrencies have also risen to…
Important information – Investments can go down as well as up in value, so you could get back less than you put in. The information on this page isn’t advice. Gain exposure to your chosen commodity Commodities – like gold, silver or oil – can be used to add diversification to a portfolio of shares and funds as their value often rises…
We know what Forex is and how we trade it. So let’s take a more in-depth look at this fascinating world of trillions of dollars. What is a currency pair? A forex currency pair is the most direct way you can trade currencies. As the name implies, it consists of two currencies, which together make a pair. When you choose…
Coinbase Global Inc. shares surged above the reference price that was set by the Nasdaq. Shares of the San Francisco-based cryptocurrency exchange, which trade under the ticker COIN, opened for trading at $381 apiece, giving the company a valuation of about $99.5 billion. The Nasdaq set a direct listing reference price of $250 per share, or a $65.3 billion valuation on a fully…
Quite simply, it’s the global financial market that allows one to trade currencies. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you…
Commodity funds invest in raw materials or primary agricultural products, known as commodities. These funds invest in precious metals, such as gold and silver, energy resources, such as oil and natural gas, and agricultural goods, such as wheat. Commodity funds may also invest in the companies that produce these commodities. What are some benefits of commodity funds? Because of their…
Bitcoin (BTCUSD) may have received its biggest backer yet. Electric car maker Tesla, Inc. (TSLA) has invested $1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin “subject to applicable laws and initially on a limited basis,” according to its filing with the Securities and Exchange Commission (SEC). The company stated that the purchase was made after a…