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Moneta Markets Are on the Hunt for Talent, Paying Up to 7 Figures!

If you’re an FX sales hotshot, then you belong at Moneta Markets.

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Global Forex and CFD broker Moneta Markets have made plenty of headlines in the FinTech space as one of the up and comers to look out for.

Now, they’re ready to ramp up their expansion by targeting the industry’s best talent and they’re prepared to pay big dollars, including a $10K referral fee to anyone who can refer top talent!

We spoke with Moneta Markets’ founder, David Bily, to find out more.

Moneta Markets was launched in 2020, what was the catalyst for the sudden recruitment drive?

Since the launch of Moneta Markets, we’ve worked non-stop to build the brand, and tailor our offering based on the feedback of our clients and partners. It’s had its challenges, but we’re at a point where we’ve built the ultimate FX brokerage, and are now ready to start aggressively scaling the business.

So, now that we have the best product in the industry, we want the best Sales Managers, Business Development Managers, and Country Managers with their teams in the industry.

A gun forex BDM shouldn’t have any trouble earning 7 figures with what we’ve built at Moneta.

David Bily
David Bily, Founder, Moneta Markets

Why should Sales & BDMs at other brokers switch to Moneta Markets?

First and foremost, I started my career in forex sales and account management, so I know the challenges and limitations.

All other big brokers limit the potential for what can be earned by their sales and BD teams by capping commissions, regardless of how much money they bring in. And, to put it bluntly, it’s damn unfair.

I’m of the firm belief that hard work should be compensated accordingly. All our Sales and BDMs are rewarded with uncapped commissions of 2.5% on net monthly deposits, on top of their base salary.

Now, if you’re in a similar role with another broker do the math on that – if you can bring in $4,000,000 net, that’s $100k a month in commissions, plus base. That gets you 7 figures a year, simple!

So, to all the BDMs and Account Managers in the forex industry, compare that with what you’re earning with your current broker? And, remember it’s completely uncapped, so if you’re good at what you do, there’s no reason why you can’t earn 7 figures a year.

And, if anyone out there working for a competitor broker works with, or knows someone who would be a good fit for the role with a proven track record, I’ll pay you $10k for the referral.

What sets Moneta Markets apart from other brokers?

Besides uncapped commissions, which is pretty much unheard of in our industry, we’ve built Moneta into the ultimate forex broker for BDMs to promote and sell.

Come and have a look for yourself, from branding to what’s running things under the bonnet, we have everything in place to attract and retain the business you bring!

We’ve partnered with the best to deliver the ultimate trading and tech infrastructure in the industry for clients and our partners. Everything is integrated seamlessly, from onboarding, to funding, to trading, to account management.

And, we make everything quick and seamless for our Affiliate and IB partners.

Anyone worth their salt should have no trouble bringing in new business, or getting clients, IBs and Affiliates to ditch their current broker and come join Moneta. We pay our partners the industry’s highest rebates and CPA, and we reward our team the same way.

How can Account Managers and BDMs get in touch?

If you’re in forex sales and feel like you’re not being adequately rewarded for the business you’re bringing in, or you feel like you’ve hit the ceiling at your current broker, reach out to me personally, and we can chat about things with complete confidentiality.

Quite simply, if you’re an FX sales hotshot, I want you to come earn more with me!

Hit me up on LinkedIn or email me directly at david.bily@monetamarkets.com

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Source: https://www.financemagnates.com/thought-leadership/moneta-markets-are-on-the-hunt-for-talent-paying-up-to-7-figures/

Blockchain

The key to Litecoin’s price resuming its ascent is…

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

While Litecoin has seen two major breakouts since August, a horizontal channel continues to be relevant on its chart. To reclaim its movement within this pattern, a few criteria need to be met first.

For one, an immediate close above $163 would be crucial for a bullish outcome. From there, a close above $174 would allow bulls to overtake market control.

At the time of writing, LTC was trading at $154, down by 3.4% over the last 24 hours.

Litecoin Daily Chart

Source: LTC/USD, TradingView

Since early August, Litecoin has traded within the confines of a horizontal channel with two key breakouts. The first breakout inspired a rally to a local high of $233, but a broader market sell-off saw an immediate U-turn on the charts.

The second breakout saw LTC decline in value and shift to a near 2-month low of $144. To enable another recovery back into the channel, LTC needs to close above its first major resistance at $163. From there, a move above the lower trendline would push the price all the way up to the mid-point of the channel at $185.

However, this outlook would only hold up if LTC sees an immediate throwback over the next 48 hours. If the price fails to close above $163, some stabilization can be expected with $144 and $130 functioning as support lines.

For short-sellers, a close below $123.4 would offer interesting opportunities. However, some positions can be taken below $144 as well.

Reasoning 

Since LTC’s RSI was in oversold territory at press time, buyers could come to the rescue. Such a reaction was also observed on 8 September after which the RSI surged all way above 60. The MACD also flashed a few positives. The index was close to a favorable crossover and a bullish double bottom formation.

However, the Awesome Oscillator was yet to take up a favorable position and traded below the half-line. In doing so, it was positioned favorably for sellers. The next peak above the half-line would provide more clarity as far as the future of a bullish resurgence is concerned.

Conclusion 

Despite recent losses observed in LTC’s market, recovery did not seem a very far-fetched idea. Litecoin was trading above key support levels and buyers had a platform to respond to selling pressure.

A close above $163 would heighten the chances of a throwback within the pattern and allow LTC to maintain its bullish structure. If the $163-resistance denies a breakout, LTC’s horizontal channel would likely be negated. Fresher lows can be expected from that point.

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Source: https://ambcrypto.com/the-key-to-litecoins-price-resuming-its-ascent-is

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Christine Lagarde Is Not a Big Fan of Digital Currencies

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Christine Lagarde – the president of the European Central Bank – has issued a warning about cryptocurrencies like bitcoin and Ethereum, calling them highly speculative and saying that they are “suspicious.”

Lagarde: Crypto Is NOT Cash!

Bitcoin and digital assets have shot up like crazy over the past year. The idea is that these assets are becoming hedge tools against inflation and other economic problems caused by the current presidential administration and ongoing coronavirus fears. While many people have garnered newfound respect for these assets, Lagarde feels very differently, and says that they are not cash and should not be treated as such.

In a recent interview, Lagarde commented:

I think we have to distinguish between cryptos that are highly speculative and suspicious occasionally, and high intensity in terms of energy consumption assets, but they’re not a currency.  Cryptos are not currencies, full stop. Cryptos are highly speculative assets that claim their fame as currency, possibly, but they’re not. They are not.

Among the big price highlights to occur for digital assets over the past several months include bitcoin reaching a new all-time high of approximately $64,000 per unit in April. In addition, Ethereum also experienced a new high of about $4,000. Other assets, such as Solana, Ripple’s XRP and Binance’s BNB, have also incurred triple-digit gains.

These currencies – and many others like them – are not garnering affection from Lagarde, though she was rather praising of stable currencies in her interview, claiming:

You have those stable coins that are beginning to proliferate, which some big techs are trying to promote and push along the way, which are a different animal and need to be regulated, where there has to be oversight that corresponds to the business that they’re actually conducting, irrespective of how they name themselves.

Many banks and governments across the globe have been looking at stable coins as of late, recognizing that cryptocurrencies are becoming much more prominent and that they need to stay current to compete. The ECB itself ultimately launched a digital euro project earlier in the year under Lagarde’s direction and guidance. She continued her praise of the stable currency space with:

And in all that, you have the central banks who are prompted by a demand of customers to produce something that will make the central bank and central bank digital currencies fit for the century we are in. I was keen to push the issue, the CBDC issue, on our agenda because I believe that we have to stand ready for that.

Stable Currencies May Provide Solid Answers

One figure sharing this sentiment is Benoit Coeure, the head of innovation at the Bank for International Settlements (BIS). He recently stated of stable currencies:

CBDC (central bank digital currencies) will be part of the answer. A well-designed CBDC will be a safe and neutral means of payment and settlement asset.

Tags: bitcoin, Christine Lagarde, stable currencies
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Source: https://www.livebitcoinnews.com/christine-lagarde-is-not-a-big-fan-of-digital-currencies/>

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Ethereum, Solana, VeChain Price Analysis: 22 September

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The entire cryptocurrency market has been facing severe bearishness over the past few weeks. The king of altcoins, Ethereum broke down below crucial support levels and would incur selling pressures from all around. That effect would automatically trickle down to the other smaller altcoins in the market like VeChain.

However, thanks to its recent rally, Solana seemed to be in a relatively better place to continue its upward trajectory if market sentiments improve.

Ethereum (ETH)

ETH/USD | Source: TradingView

Ever since the correction that happened on El Salvador’s Bitcoin Day ETH/USD has been trading in a very narrow range between $3100 to $3500. It had briefly broken out of the range, only to fall back down into it, before correcting even more.

This was a worrisome signal since it broke down (white arrow) below the descending triangle pattern on the chart as depicted by the pink lines. Ethereum prices also broke below the next support level of $2990 as depicted by the yellow trend line. So unless the prices are able to rally back from current levels to the range of $4000-$4400, the short term future for this counter remained bleak.

The Relative Strength Index dropped below 40 mark which would add to the selling pressure in this currency pair. The MACD, which suffered a bearish crossover a few weeks back entered the negative territory too. The prices have also moved significantly below the 20-day Moving Average line (marked in green) to further add to the bearishness.

Solana (SOL)

SOL/USD | Source: TradingView

Solana has been one of the best performing coins in the past month and a half and its rally propelled it to the seventh biggest coin by market capitalization. Since mid-August, 2021 it rallied nearly five times in price (blue channel), before correcting sharply a month later in line with the entire market and that correction turned into a bearish trend ever since.

Due to the nature of the recent rally, the only logical level of support for the prices would come near $20. However, if Solana prices are able to breakout of the white channel from current levels to above $160, the earlier rally may resume.

Despite the major correction over the past few days from $200 to current prices, indicators had turned extremely bearish yet. The Relative Strength Index remained near the 50 mark so there was still some bullishness.

The MACD which suffered a bearish crossover still remained well within the positive region as well. The prices however, broke down below the 20-day Moving Average (green) but again, it isn’t too far away to retest those levels. So overall, bullish sentiment in this particular coin still persisted.

VeChain (VET)

VET/USD | Source: TradingView

The VET/USD currency pair was extremely volatile and fell significantly from its all time highs. Since then it was trading within a very wide range however, a promising chart pattern was beginning to emerge for this particular coin.

A bullish cup and handle pattern was seen (white lines) and a breakout over $0.12-$0.16 can result in a major rally. The level of support for VeChain was around $0.06 and that should hold fine based on historical data.

Although, the indicators did not show as much enthusiasm on the bullish side. The Relative Strength Index touched 30 levels and currently was around 37 which was very weak. The MACD too breached the zero line and crossed over into the negative territory.

The prices also dropped below the 20-day Moving Average (green) over two weeks ago and were not able to break out of it ever since. So overall, this coin, much like many others in the market, faced the heat of extreme bearishness in the market and would require a convincing breakout over $0.16 to be bullish again.

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Source: https://ambcrypto.com/ethereum-solana-vechain-price-analysis-22-september

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