Monday, April 23, 2018

CryptoCurrency News: Another Police Official Arrested In Alleged Bitcoin Extortion Plot

A police superintendent has been arrested in India on suspicions that he is connected to an extortion scheme against a local businessman.

via CoinDesk

CryptoCurrency News: Coinbase-Cryptsy Lawsuit Will Head to Jury Trial

Coinbase has lost another appeal in a case brought by former customers of the defunct exchange Cryptsy, and the case will now proceed to a jury trial.

via CoinDesk

CryptoCurrency News: $125 Million: Orchid Is Raising One of 2018's Biggest Token Sales

A startup with the aim of building a private, peer-to-peer browser using cryptocurrency has told the SEC it plans to hold a $125 million SAFT.

via CoinDesk

CryptoCurrency News: Amber Baldet: Blockchain Should 'Almost Never' Be Used for Privacy

Amber Baldet argued that the blockchain is not a solution for privacy protection in a Monday speech.

via CoinDesk

CryptoCurrency News: California Bill Would Legally Recognize Blockchain Stocks

California Senate Bill 838 would allow businesses to store, issue and transfer shares information on a blockchain.

via CoinDesk

CryptoCurrency News: Overbought? Bitcoin Cash Looks Extended After 80% Gain

Bitcoin cash has rallied hugely in the approach to a technical upgrade, but a healthy pullback may be in the offing.

via CoinDesk

CryptoCurrency News: Indian High Court to Hear Case Against Central Bank Crypto Ban

The High Court of Delhi has recognized a petition over the Reserve Bank of India's ban on banks engaging with cryptocurrency services.

via CoinDesk

CryptoCurrency News: Iran Said to Bar Banks from Bitcoin Market

The Central Bank of Iran is the latest national bank to sound the alarm on the cryptocurrencies, fearing of its misuse in money laundering and fraud.

via CoinDesk

CryptoCurrency News: Messaging Giant Line to Support Dapps on Own Blockchain

Line, the Japan-based messaging app provider, is planning to build its own blockchain to boost development of decentralized apps.

via CoinDesk

CryptoCurrency News: Locked Out of Coinbase: Why Are Wyoming's Bitcoin Users Still Waiting?

A month after Wyoming changed a law to let Coinbase restore service in the state, users there are still waiting to regain access to their funds.

via CoinDesk

CryptoCurrency News: Another Chinese City Is Backing a Big Blockchain Investment Fund

The city government of Shenzhen, China, is backing an $80 million blockchain investment fund, soon after Hangzhou city supported a similar effort.

via CoinDesk

CryptoCurrency News: Bitcoin Struggles Above $9K as Bull Breakout Stalls

Having witnessed a major breakout on Friday, bitcoin is showing signs of bull exhaustion near the key resistance zone.

via CoinDesk

CryptoCurrency News: Softbank Eyes Carbon Emissions Cuts with Green Energy Blockchain Pilot

A group of Japanese firms is planning a blockchain pilot that would allow rural consumers to trade renewable energy.

via CoinDesk

CryptoCurrency News: Down Not Out: Revived Tezos Team Predicts Mega-ICO Will Launch In 2018

In his first interview since taking over the Tezos Foundation, chair Ryan Jesperson is looking toward the launch of its much-hyped new blockchain.

via CoinDesk

[FOREX NEWS] It is just easier for EUR/USD to fall than rise: more resistance than support

The EUR/USD is stable in the wake of a new week, but its prospects have not improved. The Technical Confluences Indicator shows that stronger clusters of resistance remain to the upside while fewer confluence zones await on the downside. The pair is struggling around 1.2280, where we see congestion of the Simple Moving Average 5-15m, the SMA50-15m, the [...]

The post It is just easier for EUR/USD to fall than rise: more resistance than support appeared first on Forex Crunch.

via Forex Crunch

[FOREX TIP] EURAUD Price Action Analysis – 23rd April 2018

EURAUD has been Bullish on the H4 chart. The pair produced two H4 Bearish candles today. The current candle seems to be Bullish so far. If this candle continues to go towards the North and makes a breakout at today’s higher high, then we might get an opportunity to go long later today. Let us have a look at the H4 EURAUD chart.

EURAUD Price Action Analysis – 23rd April 2018

Have a look at the current candle. It has been Bullish by having a Support at the level of 1.59785. If this candle keeps going up and makes a breakout at 1.60310, then the buyers are going to wait for an H4 corrective candle to be held by the breakout level and an H1 Bullish candle to be formed right at the breakout level to take a long entry. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1.60310
  • Stop Loss: 1.59785
  • Take Profit: 1.61200
  • 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

This month has been quiet so far. We have not had good technical moves on the major pairs in the last 3 weeks. However, I assume this week would be a good week for the technical traders. As a trader, I would spend more time at my trading station to keep my eyes on the pairs to take entries. Of course, I would not be in a hurry in taking entries. If things go accordingly, only then I would take my entries. I assume the Forex market will run accordingly by offering entries to the technical traders to finish this month off.

EURAUD Price Action Analysis – 23rd April 2018

The post EURAUD Price Action Analysis – 23rd April 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Travel Booking Site CheapAir Is Switching Bitcoin Payment Processors

CheapAir.com is to switch bitcoin payment processors following a service change by Coinbase, but the new integration poses problems for users.

via CoinDesk

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