Monday, April 9, 2018

CryptoCurrency News: Coinbase Hires Facebook, Twitter Vet As Communications VP

The cryptocurrency exchange's hiring spree continues with the naming of a new vice president of communications.

via CoinDesk

CryptoCurrency News: 500 Startups Backs $500k Seed Round for Stablecoin Project

Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.

via CoinDesk

CryptoCurrency News: $125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows

Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.

via CoinDesk

CryptoCurrency News: Police Officers Charged in $1.3 Million Bitcoin Extortion Scheme

Ten Indian police officials have been charged with kidnapping and attempted extortion after allegedly forcing a victim to transfer 200 bitcoins.

via CoinDesk

CryptoCurrency News: Chile Is Using Ethereum's Blockchain to Track Energy Data

The new energy minister has announced a project to commit a number of data sets to the public ledger, where they will be much harder to hack.

via CoinDesk

CryptoCurrency News: Samoa's Central Bank Investigates OneCoin Investment Scheme

The Central Bank of Samoa is investigating the OneCoin crypto investment scheme and has issued a warning about the business to investors.

via CoinDesk

CryptoCurrency News: Overstock's tZero Unveils Token Trading Platform Prototype

Overstock announced its prototype trading platform on Monday, saying the full product would launch in May.

via CoinDesk

[FOREX NEWS] Canadian Dollar on fire after BOC Business Outlook – dense confluence broken

The Technical Confluences Indicator shows that the plunge that the USD/CAD took breaks a key confluence cluster of support at 1.2762. This is the meeting point of the Fibonacci 61.8% one day, the Bolinger Band 15 minute Lower (Stdv 2.2), Pivot Point one month S1, and the 15 and one-hour highs. This level now turns into support. After [...]

The post Canadian Dollar on fire after BOC Business Outlook – dense confluence broken appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: Salesforce Working on Blockchain Product, Says CEO Benioff

Salesforce is working on a product based on blockchain and cryptocurrency, the cloud computing company's CEO has revealed.

via CoinDesk

CryptoCurrency News: Relief Rally Ahead? Oversold Ether Eyes Gains Against Bitcoin

With a relief rally in the offing, ether could outperform bitcoin in the short-run, according to ETH/BTC technical charts.

via CoinDesk

CryptoCurrency News: Blockchain Startup Symbiont Teams with Wall Street Legend Ranieri

The firm founded by the "father" of mortgage-backed securities has partnered with blockchain startup Symbiont to shake up the mortgage industry.

via CoinDesk

[FOREX NEWS] Is the EUR/USD rise temporary? Fears of a recession emerge

The EUR/USD is rising in a very narrow range in the wake of the new week. The signs of a slowdown in the euro-zone are accumulating while US-China trade tensions continue. The technical picture is slightly bearish but the pair is still looking for a direction. The EUR/USD is trading around $1.2300, at the upper [...]

The post Is the EUR/USD rise temporary? Fears of a recession emerge appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: Dear Students, Everything In Bitcoin's Way Is Your $1 Billion Opportunity

Blockchain luminaries descended on the University of Pennsylvania's business school in what seemed like a recruiting session for the crypto-ecosystem.

via CoinDesk

CryptoCurrency News: $1 Billion Blockchain Fund Launches with Chinese Government Backing

China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government.

via CoinDesk

CryptoCurrency News: Normal Tax Rules Apply to Crypto Income, Says South Africa

The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.

via CoinDesk

CryptoCurrency News: Singapore Plans Blockchain Push to Boost ASEAN Financial Inclusion

The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion across Southeast Asian countries. 

via CoinDesk

CryptoCurrency News: Bitcoin Teases Bullish Reversal with Rise Above $7K

Bitcoin is on the rise, but only a move above $7,510 would confirm a bullish trend reversal

via CoinDesk

CryptoCurrency News: Making the Most of Crypto Mining Tax Breaks

From depreciation of rig equipment to a second reporting and tax requirement after mined coins are sold, tax rules for miners can get complicated.

via CoinDesk

CryptoCurrency News: Korea to Inspect 3 Banks Over Crypto Exchange AML Compliance

Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.

via CoinDesk

[FOREX TIP] EURJPY Price Action Analysis – 9th April 2018

EURJPY has been on a consolidation on the H4 chart. Today’s first H4 candle came out as a Bearish candle, but the next one came out as a strong Bullish candle. To go more with it, the current candle seems that it has been trying to make a breakout towards the upside. If an H4 breakout takes place and is held by another H4 candle, then an H1 Bullish Engulfing candle right at the breakout level would offer us a long entry later today. Let us have a look at the H4 EURJPY chart.

EURJPY Price Action Analysis – 9th April 2018

Have a look at the chart. The price had a long consolidation within 131.075 to 131.390. The current H4 candle has been trying to make a breakout at the level of 131.390. If this level gets broken by the current H4 candle, we would have to wait for the next H4 candle to be held at the breakout level. Then, an H1 Bullish Engulfing candle right at the level of 131.390 would be the entry signal to go long on the pair. Let us have a look at the summary of the trade…

  • Buy Limit Order: 131.390
  • Stop Loss: 131.075
  • Take Profit:  132.400
  • 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

The last NFP did not make the pairs move that much. Some pairs did get volatile, but did not continue their move as they usually do. The USD should have got weaker, but it did not. This could be a sign that this month might come out as a good month for the USD buyers.

EURJPY Price Action Analysis – 9th April 2018

The post EURJPY Price Action Analysis – 9th April 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Japanese Regulator Suspends Two Crypto Exchanges Over KYC Failings

Japan's financial regulator has ordered two cryptocurrency exchanges to halt operations for two months due to insufficient KYC procedures.

via CoinDesk

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