What is a Financial Intermediary? A financial intermediary is an entity that acts as a bridge between two parties in a financial transaction. Examples include commercial banks, investment banks, pension funds, and mutual funds. These institutions provide various consumer benefits, such as asset security, liquidity, and economies of scale in banking and asset management services. […]

Bitcoin’s dominance in the market has dropped to 56%, while its price remains below the $100,000 mark, raising questions about the onset of an altcoin season. Alternative cryptocurrencies, such as Ripple (XRP) with a 322% surge over the past month, Solana (SOL) hitting $260, and Cardano (ADA) growing by 200%, have shown significant gains, adding […]

Howden Insurance Brokers revealed today that UK businesses have suffered losses amounting to £44 billion ($55.08 billion) over the past five years due to cyberattacks. At least 52% of private sector companies reported experiencing at least one cyberattack during this period. The company stated that cyberattacks cause average revenue losses of 1.9%, with businesses generating […]

Gold prices continued their upward trend for the fourth consecutive session, supported by increased demand for safe-haven assets amid the intensifying Russia-Ukraine conflict and rising geopolitical tensions. Investors are also awaiting new signals regarding the future of U.S. interest rates. Spot gold rose by 0.3% to reach $2,657.41 per ounce as of 02:38 GMT, while […]

In recent years, traders have incurred significant losses due to fraudulent trading companies, amounting to approximately $20 billion annually. This staggering figure highlights the importance of verifying the credibility of brokers before engaging in trading. Choosing the right broker is a critical factor in enhancing the trading experience and safeguarding your capital. In this article, […]