Personal Loans

What Is Know Your Customer (KYC) for Financial Institutions?

The meaning of the phrase KYC is “know your customer”. KYC regulations provide a framework for financial institutions to know who their customers are. Financial institutions need to protect themselves from unknowingly participating in illegal activities. If a criminal is discovered to be using a bank for illicit purposes, such as laundering money, then the […]

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Does Cryptocurrency Have Trading Hours?

Good news for those who simply can’t peel themselves away from studying cryptocurrency charts or watching the crypto markets: Crypto trading hours are much more expansive than those of the traditional stock market. In fact, crypto trading hours are 24-7 — the market never closes. There are some caveats, of course, depending on your individual […]

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What Is Volume in Cryptocurrency?

Trading volume is a metric that investors use to see how often an asset is trading hands, indicating how popular it is to buy or sell that asset at any given time. Investors examine trading volume for a variety of securities, including stocks, bonds, and international currencies. In cryptocurrency, in particular, trading volume is an […]

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Advance/Decline Line: Definition, Formula, Examples

The Advance/Decline line, or A/D line, is a technical stock market indicator used by traders to measure the overall health of the stock market. This measurement tells market participants whether there are more stocks rising or falling on a trading day, and whether a majority of stocks are pushing the market in either direction. For […]

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How To Pay for Medical Bills You Can’t Afford

Debt isn’t always due to having made financial missteps. The most cautious, savvy savers among us can see their plans quickly undone by unexpected costs. Medical debt is among the most unexpected and urgent costs anyone can have. The question of how to pay for medical bills can cause enormous stress when there’s no money […]

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What’s the Difference Between Bitcoin & Bitcoin Cash?

Bitcoin Cash was created in 2017 as a hard fork of the original Bitcoin blockchain. It was created to deliver faster transaction speeds that ideally would make it more scalable. Despite some similarities, Bitcoin Cash (BCH) and bitcoin (BTC) are quite different, most notably in their block size. Bitcoin’s maximum block size, established when bitcoin […]

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