Blogs

BTC Hash Rate Skyrockets, But Isn't It Good News?

Forex

<p>&nbsp;"Why isn't it good news anyway? Who will be affected?”</p><p><br /></p><p>As Bitcoin (BTC) surged more than 150% in 2023, the cryptocurrency's hash rate of 544 exahshes* per second (EH/s) managed to break a record on December 25, 2023 when it marked an incredible 130% climb since Janua

Fibonacci Arcs in Stock Trading

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/main2712_03.jpg" alt="Fibonacci Arcs in Stock Trading" /><p>Fibonacci arcs, derived from the renowned Fibonacci sequence, offer a compelling blend of technical analysis and market psychology for traders. By mapping potential support and resistance areas thro

What Are Robo-Advisors?

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/main2712_02.jpg" alt="What Are Robo-Advisors?" /><p>In the evolving landscape of financial technology, robo-advisors have taken their rightful place. These automated platforms are changing the way people manage their finances and trade assets. Robo-advisors

Economic Factors That Affect the Forex Market

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/main2712_01.jpg" alt="Economic Factors That Affect the Forex Market" /><p>The foreign exchange market is influenced by a wide range of economic factors which have a significant impact on currency exchange rates. Knowing about these factors is crucial for any

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