Thursday, June 21, 2018

CryptoCurrency News: Ripple CEO Defends XRP Token's Utility at Fintech Conference

"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.

via CoinDesk

CryptoCurrency News: Stanford University Launches New Blockchain Research Center

Stanford University launches the Center for Blockchain Research and Vitalik Buterin, the creator of Ethereum, is one of the sponsors.

via CoinDesk

CryptoCurrency News: Bitcoin Just Got a Shoutout in a New US Supreme Court Opinion

That's not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies.

via CoinDesk

CryptoCurrency News: IOST Blockchain Incubator Launches With $50 Million Fund

Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST ecosystem.

via CoinDesk

CryptoCurrency News: Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds

South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.

via CoinDesk

CryptoCurrency News: Ethereum Accelerator to Offer Crypto Coders Resources and 'Reality Check'

A blockchain company known as a hub of startups is expanding its reach, launching a new San Francisco-based startup accelerator.

via CoinDesk

CryptoCurrency News: Cheetah's New App Lets Crypto Investors Track Portfolios on the Go

Beijing-based app developer Cheetah Mobile is releasing an app that lets investors monitor cryptocurrency portfolios over multiple platforms.

via CoinDesk

CryptoCurrency News: This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real

A video-on-demand service that shares ad revenues with viewers and creators has raised more than half a billion bucks in a private token sale.

via CoinDesk

CryptoCurrency News: $7K Resistance Is Capping Bitcoin's Upside Price Potential

Bitcoin's bulls are struggling to force a rally, despite a still-favorable short-term set-up on the technical charts.

via CoinDesk

CryptoCurrency News: Amsterdam's Airport Lets Travelers Swap Leftover Euros for Cryptos

Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum.

via CoinDesk

CryptoCurrency News: St Louis Fed Now Tracks Crypto Prices on Its Research Database

The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED.

via CoinDesk

[FOREX TIP] EURCAD Price Action Analysis – 21st June 2018

EURCAD has been Bullish on the H4 chart. The buying pressure is not that great, but the price has kept making higher highs. Today’s first two H4 candles were Bearish corrective candles. The price is at a strong level of Support. If this Support level is held and we get an H4 Bullish Engulfing Candle from here, then an H1 breakout at yesterday’s higher high would be the signal to go long on the pair. Let us have a look at the H4 EURCAD chart.

EURCAD Price Action Analysis – 21st June 2018

The level of 1.53750 has the potential to be a Flip over Support. It has been held so far as well. If we get an H4 Bullish Engulfing Candle right from this level and an H1 breakout at the level of 1.54300, then the price would reach at the level 1.55200 without having that many pauses. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1.54300
  • Stop Loss: 1.53750
  • Take Profit: 1.55200
  • 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

Today the GBP has a number of High impact news to encounter. The EURO is not as correlated to the GBP as it was before the Brexit. However, still, it is better to be a bit defensive with the EURO pairs as well. I would suggest that we might as well use a smaller trading lot than our usual trading lot on EURCAD today. A good thing about these news events is hopefully we get some excellent opportunities tomorrow on the GBP pairs.

EURCAD Price Action Analysis – 21st June 2018

The post EURCAD Price Action Analysis – 21st June 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: National Chinese Science Academy Launches Blockchain Lab

China's federal science institution, the Chinese Academy of Sciences, is eyeing blockchain technology, the school announced this week. 

via CoinDesk

CryptoCurrency News: Bloomberg Terminal Adds Huobi's Cryptocurrency Market Index

The Huobi Pro exchange has announced that Bloomberg now provides the HUOBI10 crypto market index on its terminal service. 

via CoinDesk

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