Business

SVB astonished the financial markets when it collapsed on 10th March 2023. The simplest explanation for the bank’s failure is that it was caught out by recent interest rate rises that wiped billions off the value of its major investments.

Asking how cryptos will perform in 2023 is a bit like asking how stocks will perform in 2023. There are a variety of assets, and they will perform differently. Some cryptos, like Bitcoin, are invariably volatile and have a base of dedicated traders who react enthusiastically to every hint of a rally.

Crypto affiliates earned extremely high commissions in recent years. The markets peaked at $3.1 trillion in November 2021, and online brokers were competing to sign up the rush of new traders.

A cryptocurrency is a digital currency that uses cryptography for security and authentication. Some well-known cryptocurrencies include Bitcoin, Dogecoin, Ethereum, and Litecoin. Cryptos are gradually entering the financial mainstream but are still very much alternative currencies. They aren’t backed by central banks and are essentially unregulated.

The world of social media was dominated by TikTok in 2022, with the video platform gaining massive worldwide attention. Forex affiliates, and broker affiliates generally, were quick to see the potential of TikTok and started uploading marketing content.

If your goal is to make money as a Forex affiliate, read on for a simple 7-Step Guide to the lucrative world of affiliate marketing. It’s easy to get started, and if you follow the basic rules, you’ll be able to earn your first commissions within just days and will be firmly on the path to financial independence.

2023 is turning into a year that has both a lot of opportunities and some challenges for Forex affiliates. The global financial markets appear to be precarious, with key issues like inflation, the housing markets, a possible banking crisis, and the war in Ukraine worrying some financial analysts.

Every business and industry have affiliate programs, but only some are as profitable as financial affiliate programs promoting online forex and currency trading. Partner programs run by online brokers pay exceptionally high commissions for new traders, and skilled affiliates can easily aim for six-figure incomes.