Thursday, April 26, 2018

CryptoCurrency News: Sony Eyes Blockchain Use for Digital Rights Data

Sony believes a blockchain can be used as a digital rights management solution by storing ownership information.

via CoinDesk

CryptoCurrency News: CBOE Saw Its Highest-Ever Bitcoin Futures Volumes Yesterday

Bitcoin futures contracts saw a spike in trading volume Wednesday, according to data from both CBOE and CME.

via CoinDesk

CryptoCurrency News: Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.

via CoinDesk

CryptoCurrency News: Romania's Oldest Bitcoin Exchange Is Shutting Down Next Week

BTCxChange announced it was closing its platform on May 1, and advised customers to withdraw all funds before then.

via CoinDesk

CryptoCurrency News: Crypto Mining Made Up 10% of AMD's Revenue in Q1

While AMD sees demand for GPUs to process blockchains falling this quarter, CEO Lisa Su believes the technology will have a long-term impact.

via CoinDesk

CryptoCurrency News: More Than $140 Million in Bitcoin Moved from Mt Gox Wallets

Approximately $141 million worth of bitcoin was moved from several remaining wallets of former bitcoin exchange Mt Gox on Wednesday.

via CoinDesk

[FOREX NEWS] EUR/USD: Draghi giveth, Kudlow taketh away

The EUR/USD fell quickly to a new low at $1.2114, the lowest since January 12th. The move comes amid hopes on US-Chinese trade relations and a resumption of the US Dollar rally. The move completely erases the Draghi-related gains seen earlier. The EUR/USD is trading around at the lowest levels since January 12th, making a sharp U-turn [...]

The post EUR/USD: Draghi giveth, Kudlow taketh away appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: OmiseGo Hits Two-Month High Amid Airdrop and Exchange Listings

OmiseGo's OMG token is reporting double-digit gains today, possibly due to new listings on Asian exchanges and news of an airdrop.

via CoinDesk

CryptoCurrency News: BBVA Issues $91 Million Loan Using Two Blockchains

Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.

via CoinDesk

CryptoCurrency News: Samsung Sets Q1 Profit Record with Crypto Mining Boost

Samsung has seen record growth in quarterly operating profits – an increase driven in part by strong demand for cryptocurrency mining chips.

via CoinDesk

CryptoCurrency News: Bitcoin Risks Deeper Pullback After Drop Below $9K

After hitting a one-week low today, bitcoin risks a deeper pullback if support at $8,459 is breached, the technical charts indicate.

via CoinDesk

CryptoCurrency News: IBM Partners with Jewelry Industry on Hyperledger Supply Chain Project

IBM has teamed up with major jewelry businesses to bring transparency to the industry's supply chain with blockchain technology.

via CoinDesk

[FOREX NEWS] ECB Live Coverage – Will Draghi acknowledge the slowdown?

The European Central Bank makes its rate decision and expectations for a change are very low. The central bank will likely refrain from changing the statement. But what about the recent slowdown in the euro-zone economies? Does Draghi take it seriously? This could send the euro lower. If he remains optimistic, the common currency could [...]

The post ECB Live Coverage – Will Draghi acknowledge the slowdown? appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: Parity Says 'No Intention' To Split Ethereum Over Fund Recovery

Parity Technologies has said it has no plans to move forward with a code change that would result in an ethereum blockchain split.

via CoinDesk

CryptoCurrency News: Coincheck Owner Monex Plans Proprietary Blockchain, ICO

The new owner of Japan's Coincheck exchange, Monex Group, says creating its own blockchain with an ICO to follow is on its radar.

via CoinDesk

CryptoCurrency News: Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives

U.K.-based bank Barclays is pushing hard for a data standard for derivatives, as a foundation for that market to adopt distributed ledger technology.

via CoinDesk

[FOREX TIP] USDCAD Price Action Analysis – 26h April 2018

USDCAD had a strong Bullish move on the H4 chart last week. The pair seems that it might come down to make some big-time frames’ correction. The Bearish move looks strong so far. Thus, it might be a trend changing move too. The price had a big rejection from a level of Resistance today. Since then the price has been Bearish. If we get a breakout downside, then an H1 Bearish Engulfing Candle at the breakout level might take the price down. Let us have a look at the H4 USDCAD chart.

USDCAD Price Action Analysis – 26h April 2018

See today’s first H4 candle. The next one came out as an Inside bar. If the current H4 candle comes down and makes a breakout at the level of 1.28190, then an H1 Bearish Engulfing Candle right at the breakout level would attract the sellers to go short on the pair later today. Let us have a look at the summary of the trade…

  • Entry- H1 Bearish Engulfing Candle at 1.28190
  • Stop loss- Above 1.28700
  • Take profit- 1.27400
  • 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 USD has a high impact news event today at GMT 13.30. I assume the H1 Bearish candle would be produced at GMT 14.00. That would be the last H1 candle of the H4 candle one that comes after the current H4 candle. If the signal comes at least 2 hours earlier than the News event hour, then we are fine to take the entry too. However, if it comes just before the news hour ( 1 hour or less), then we might as well skip taking the entry.

USDCAD Price Action Analysis – 26th April 2018

The post USDCAD Price Action Analysis – 26h April 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

[FOREX NEWS] To drag EUR/USD, Draghi will not need to make a huge effort

The EUR/USD is trading very close to the March 1st low of $1.2155. High US bond-yields continue dominating financial markets for another day. The technical picture remains bearish, but support is strong. The EUR/USD is trading around $1.2170, slightly higher on the day but trading in a limited range. The cautious trading is unsurprising ahead [...]

The post To drag EUR/USD, Draghi will not need to make a huge effort appeared first on Forex Crunch.

via Forex Crunch

CryptoCurrency News: Binance Exchange Denies Sequoia's Allegation of Exclusivity Breach

Crypto exchange Binance has denied an allegation that its founder breached an exclusivity agreement with VC firm Sequoia Capital.

via CoinDesk

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