Forex can be a potential income source for unemployed individuals, but it is not a guaranteed or reliable way to earn a living. Unlike traditional jobs, forex trading lacks stable income, and success depends on market knowledge, discipline, and risk...
NFTs are non-fungible digital tokens that "live" on a blockchain. Because NFTs cannot be copied and pasted, each item is cryptographically unique, much like a digital version of the Mona Lisa.
The IRS assesses capital gains on both short- and long-term holdings. Short-term capital gains are taxed on assets sold within a single year of ownership, whereas long-term gains are taxed on assets sold after more than a year of...
In the world of forex trading, "going long" and "going short" are fundamental concepts that represent opposing strategies for capitalizing on price movements in currency pairs. These terms describe how traders speculate on whether a particular...
KITE AI (also known as GoKITE AI or Kite AI) is a specialized Layer 1 blockchain designed exclusively for AI applications. Built as a sovereign chain on Avalanche, it fosters a decentralized ecosystem where AI models, data providers, and developers...
Market Analytics from Phyntex Markets. Get access for free to the market analytics from Phyntex Markets. You will get forecasts where you can elicit trading ideas, and market news, where you will learn what is going on in the...
Liquid Staking Derivatives (LSDs) in blockchain ecosystems enhance the liquidity and utility of staked assets while maintaining the security and decentralization of Proof-of-Stake (PoS) networks.
An inactive market differs from an active market primarily in terms of liquidity, trading volume, price movement, and market participation.
The Diamond Chart Pattern is a rare but powerful technical formation that signals potential trend reversals in financial markets, including forex, stocks, and commodities. It occurs when price action expands and then contracts, forming a shape that...
A digital code generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity.
The terms "hawkish" and "dovish" are commonly used to describe a country's monetary policy as implemented by its central bank.
There are several common factors that can cause a trader to fall into a loss in forex trading. One of the primary factors is a lack of proper risk management. If a trader fails to set appropriate stop-loss orders or neglects to implement effective...