Monday, June 25, 2018

CryptoCurrency News: Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds

International shipping giant Merck may be looking to blockchain technology to protect against counterfeit goods, according to a patent application.

via CoinDesk

CryptoCurrency News: Spain's Securities Market Watchdog Completes Blockchain Test

A pilot test was successfully conducted for a Spanish-backed blockchain project to increase the efficiency of registering issuances.

via CoinDesk

CryptoCurrency News: China's Crypto Ratings Index Puts EOS in Top Slot, Drops Bitcoin

China's Global Public Chain Assessment Index has released its second monthly evaluation of blockchain networks – with perhaps surprising results.

via CoinDesk

CryptoCurrency News: Tezos, A Launch Story: What's Left Before the $232 Million Tech Goes Live?

Tezos announced its handing the blockchain over to the community after launch. And that's not the only way the project is similar to EOS.

via CoinDesk

CryptoCurrency News: Crypto Exchange Huobi Poaches App Exec to Lead New US Branch

A senior executive from the provider of China's top photo-retouching app will now lead HBUS – the U.S. arm of crypto exchange Huobi.

via CoinDesk

CryptoCurrency News: AlipayHK Opens Blockchain Remittance Corridor to the Philippines

The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.

via CoinDesk

CryptoCurrency News: Bitcoin's Defense of $6K Raises Odds of Relief Rally

Bitcoin could trade on a positive note for the rest of the week, if prices close today above Sunday's high of $6,250.

via CoinDesk

CryptoCurrency News: Bitcoin Miner BTCC to Sell Stake in Pool for $17 Million

BTCC's mining pool has provisionally agreed to sell a large portion of its equity to a Hong Kong-based financial service firm for $17 million.

via CoinDesk

CryptoCurrency News: How Commerzbank Is Throwing Out the Business Blockchain Playbook

The German bank is building on five different blockchains, and not just to hedge its bets – it sees a multi-chain future.

via CoinDesk

[FOREX TIP] GBPCAD Price Action Analysis – 25th June 2018

GBPCAD has been Bullish on the H4 and the Daily chart. Today’s intraday charts have been Bullish as well. The price went up and then it seems to have started having a correction on the H1 chart. If the price comes back to today’s Opening price and makes another Bullish move and makes an upside breakout, then buying the pair would get us some green pips. Let us have a look at the H1 GBPCAD chart.

GBPCAD Price Action Analysis – 25th June 2018

GBPCAD Price Action Analysis – 25th June 2018

Have a look at today’s price action. The price made a Bullish move from the level of 1.78835. The level of 1.76270 is today’s higher high. If the price comes back to the Support level and makes a breakout at today’s higher high, it would look like a Double Bottom. Today’s higher high will be the neckline of the Double Bottom. If things go like this, then the price would travel to the level of 1.77670 without having that many pauses. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1.76270
  • Stop Loss: 1.75835
  • Take Profit: 1.77670
  • 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 would be the last week of this month. I assume this week could be a good week for the traders. First two weeks of this month were not that great, but the last week was a good one. Let us hope that the market makes some good move and makes breakouts on the H4 chart or at least on the H1 chart to offer us some good entries.

GBPCAD Price Action Analysis – 25th June 2018

The post GBPCAD Price Action Analysis – 25th June 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Another Bitcoin Miner Maker Is Seeking to Go Public in Hong Kong

Ebang, one of the largest bitcoin mining chip makers from China, has filed for an initial public offering with the Hong Kong Stock Exchange.

via CoinDesk

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