Monday, March 26, 2018

CryptoCurrency News: Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down

Litecoin merchant processor LitePay is closing up shop.

via CoinDesk

CryptoCurrency News: Crypto Startup Circle Hires a Square Vet as CFO to Aid Expansion

Circle has hired Naeem Ishaq as its new chief financial officer, treasurer and executive vice president of risk as the startup expands globally.

via CoinDesk

CryptoCurrency News: Twitter Will Ban ICO Ads Starting Tomorrow

Twitter has revealed that it will ban ads for token sales and some cryptocurrency services starting Tuesday.

via CoinDesk

CryptoCurrency News: Steven Seagal and Bitcoiin Founders 'Exit' As ICO Ends

Steven Seagal will no longer serve as brand ambassador for the "Bitcoiin" cryptocurrency.

via CoinDesk

CryptoCurrency News: Bitcoin Drops Below $8K During Wider Crypto Market Slide

Bitcoin's price is back below $8,000, a move that comes amid a broader decline in the global cryptocurrency market. 

via CoinDesk

CryptoCurrency News: Nvidia CEO: GPU Production Boost Needed Because of Crypto Miners

Nvidia must produce more graphics processing units to offset demand from crypto miners, says its CEO.

via CoinDesk

[FOREX NEWS] GBP/USD: Turning Neutral Here But Staying Structurally Bullish; Time For N-Term Consolidation – Barclays

The pound enjoyed the weakness of the US dollar to stage a recovery. Can it continue? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Research discusses GBP outlook, and adopts a neutral bias around current levels, seeing the pair prone to a consolidation phase in the near-term. “Our expectations for [...]

The post GBP/USD: Turning Neutral Here But Staying Structurally Bullish; Time For N-Term Consolidation – Barclays appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: Cboe Prods SEC on Bitcoin ETF Approval in New Letter

In a new letter, Cboe Global Markets president Chris Concannon addresses some of the SEC's concerns about bitcoin derivatives markets.

via CoinDesk

CryptoCurrency News: Crimean Government Employees Fined for Mining Bitcoins at Work

Two former Crimean government employees were fined 30,000 rubles each for using official resources to mine bitcoin.

via CoinDesk

CryptoCurrency News: IEX Spinoff Tradewind Launches Blockchain Platform for Gold Trading

Precious metals trading startup Tradewind announced its first blockchain project, a system meant to help trade gold, on Monday.

via CoinDesk

CryptoCurrency News: Waiting Game? Why Coinbase Won't Add New Cryptos Anytime Soon

Adding new cryptocurrencies is a "top priority" for Coinbase, and it's becoming more clear how the exchange makes decisions about which to support.

via CoinDesk

CryptoCurrency News: Deutsche Börse Plans Blockchain Securities Platform with R3 Tech

Germany's Deutsche Börse Group is planning to develop a platform for securities lending using R3's Corda blockchain tech.

via CoinDesk

CryptoCurrency News: Chinese Government Institute Launches Blockchain for Authentication

A Chinese government-led research body has rolled out a blockchain-as-a-service platform for identity and supply-chain tracking.

via CoinDesk

CryptoCurrency News: Trapped Below $9K, Bitcoin Risks Downside Break

Bitcoin has been trading sideways in a narrow range over the last week, but a drop toward $8,000 may be on the way.

via CoinDesk

CryptoCurrency News: Alibaba Payment Affiliate Rules Out ICO Fundraising

Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.

via CoinDesk

CryptoCurrency News: UK Charity Taps Blockchain Platform to Boost Trust in Donations

British charity English Heritage has joined the Giftcoin platform, which tokenizes donations for the purpose of traceability.

via CoinDesk

CryptoCurrency News: The Crypto 'Kill Switch': Monero Is Going to War Against Big Miners

Big miners are eying monero as a next money-maker. The only problem? Developers are taking steps to keep them out entirely.

via CoinDesk

[FOREX TIP] USDJPY Price Action Analysis – 26th Mar 2018

USDJPY has been Bearish on the H4 chart. The price has kept making lower lows on the chart and the trend looks strong to go further down. Today’s price action suggests that the price has been having a correction. If we get an H4 Bearish Engulfing Candle and an H1 breakout at today’s lower low, then taking a short entry would get us some green pips. Let us have a look at the H4 USDJPY chart.

USDJPY Price Action Analysis – 26th Mar 2018

The level of 104.640 has been a level of Support here, which has to be broken. On the other hand, the level of 105.079 has the potential to be a level of Resistance. If it does, then we would wait for an H4 Engulfing Candle first and then an H1 breakout at the level of 106.640 to take a short entry. Let us have a look at the summary of the trade…

  • Sell Stop Order: 104.640
  • Stop Loss:  105.079
  • Take Profit: 103.940
  • 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

There is no high impact news event today. This would lead the pairs to run technically. However, no news event means less volatility. Today’s market so far has been sluggish as well. This is what we do not want to see in the market. Then again, we never know. This market could change in a minute and pairs could start making breakouts. Let us patiently wait and see whether we get the breakout on USDJPY later today. I assume the New York session could be vital today.

USDJPY Price Action Analysis – 26th Mar 2018


The post USDJPY Price Action Analysis – 26th Mar 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Crypto Exchange Huobi Registers With FinCEN Ahead of US Launch

Huobi's U.S. division is planning to roll out its crypto-to-crypto trading service for U.S. investors in May.

via CoinDesk

bitcoin faucet

Popular Posts