Thursday, March 22, 2018

CryptoCurrency News: Bitfury-Backed Bitcoin Miner Secures Canadian Land Deal

Bitfury-backed Hut 8 Mining Corp has secured a new headquarters in Canada's Alberta province.

via CoinDesk

CryptoCurrency News: A Non-Anonymous Stablecoin? Saga Launches With Big-Shot Advisor Team

The Saga Foundation is developing a stablecoin with the help of CME Chairman Emeritus Leo Melamed and Nobel Laureate Myron Scholes among others.

via CoinDesk

CryptoCurrency News: US Marshals Office Auctions Off Another $18.7M in Bitcoin

The U.S. Marshals auctioned more than 2,100 bitcoins off on March 19.

via CoinDesk

CryptoCurrency News: Blockchain Capital Raises $150 Million, Looks Beyond Financial Services

The raise, Blockchain Capital's fourth, includes $25 million worth of cryptocurrency and brings its total assets under management to $250 million.

via CoinDesk

CryptoCurrency News: Immutable Google? Search Giant Eyes Blockchain for Audits

A patent application released Thursday indicates Google might be examining how blockchains can secure audit logs and other information.

via CoinDesk

CryptoCurrency News: British Charity Aims to Improve Maritime Safety with New Blockchain Lab

British non-profit Lloyd’s Register Foundation is teaming up with BLOC on a blockchain initiative aimed to improve safety on the high seas.

via CoinDesk

CryptoCurrency News: E-Commerce Giant JD to Launch Blockchain-as-a-Service Platform

JD.com has today unveiled a white paper detailing its plans for a new blockchain-as-a-service (BaaS) platform.

via CoinDesk

CryptoCurrency News: EOS Eyes Bull Reversal After 70 Percent Spike

EOS has jumped 70 percent in the last few days and now may be closing in on a major bullish breakout.

via CoinDesk

CryptoCurrency News: Better Bitcoin Relay? Crypto VCs Back BloXroute Funding

BloXroute's founder worries relay networks that speeds data between crypto miners are not censorship resistant and too slow to foster scaling now.

via CoinDesk

CryptoCurrency News: Binance CEO Refutes Financial Watchdog Warning Reports

Binance's CEO has hit back at reports that the exchange is to receive a warning from a financial regulator over its lack of registration in Japan.

via CoinDesk

CryptoCurrency News: Edward Snowden: Public Ledger Is Bitcoin's Big Flaw

At a recent event in Berlin, Edward Snowden for the first time talked at length about the problems and benefits of blockchain technology.

via CoinDesk

CryptoCurrency News: Korean Regulators to Probe Banks' AML Measures for Crypto Exchanges

Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.

via CoinDesk

CryptoCurrency News: Pullback Ahead? Bitcoin Hits Stiff Resistance at $9K

The bulls' failure to beat resistance around $9,000 in a convincing manner has increased the risk of another drop in bitcoin prices.

via CoinDesk

CryptoCurrency News: Japanese Crypto Users Lost $6 Million in Hacks Last Year, Say Police

Around $6.2 million-worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan's National Police Agency says.

via CoinDesk

CryptoCurrency News: IT Giant Fujitsu Unveils European Blockchain Innovation Center

Japanese multinational Fujitsu has launched a Brussels-based Blockchain Innovation Center to facilitate research and projects around the tech.

via CoinDesk

CryptoCurrency News: Zcash's Coming Hard Fork Could Pave the Way for Even More

Zcash's first hard fork is coming up, and devs expect it to activate without a hitch, preparing zcash for bigger, better upgrades in the future.

via CoinDesk

[FOREX TIP] XAUUSD Price Action Analysis – 22nd Mar 2018

XAUUSD has been having a strong upward momentum on the H4 chart. Today’s first two H4 candles came out as Bearish candles. However, the price seems to have had a pause at an important level of Support. If the current H4 candle comes out as an H4 Engulfing candle, then the buyers will be waiting for an H1 breakout at yesterday’s higher high to take a long entry. Let us find out the levels on the H4 chart.

XAUUSD Price Action Analysis – 22nd Mar 2018

Have a look at today’s first two candles. Both of them have been Bearish. However, the level of 1327.25 has been held so far and the price has already reacted to that level. If this level produces an H4 Engulfing candle and then we get an H1 breakout at the level of 1334.39, then buying the pair would get us some green pips. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1334.39
  • Stop Loss: 1327.25
  • Take Profit: 1345.55
  • Validity: 72 hours
  • Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

Yesterday’s FOMC meeting gave a big Bullish boost on XAUUSD. I assume this would continue for some days even for some weeks. Although, this is nothing to do with today’s setup though. Today’s correction and Support level suggest that XAUUSD might take a Bull journey as well. Yesterday’s FOMC boost would put an effect and increases the price of XAUUSD even at the bigger charts such as the Daily, Weekly etc. Let us see how it goes. Meanwhile, let’s concentrate on today’s trade setup.


The post XAUUSD Price Action Analysis – 22nd Mar 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Accenture Thinks the US Can Still Be a Blockchain Innovator

Accenture Global Blockchain lead David Treat says the company wants to "work across the entire digital identity landscape" - government included.

via CoinDesk

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