Wednesday, July 18, 2018

CryptoCurrency News: These Digital Monsters Live on Ethereum, But They'll Fight on Zilliqa

A popular decentralized game couldn't take ethereum's slow, costly transactions. But it's not leaving the chain behind entirely.

via CoinDesk

CryptoCurrency News: $20K in Crypto: The First Bets on Prediction Market Augur Just Paid Out

A week after going live, the crypto-powered prediction market platform Augur is proving that it really works in the wild.

via CoinDesk

CryptoCurrency News: Billionaire Marc Lasry Sees Bitcoin's Price Reaching $40,000

Billionaire investor and fund manager Marc Lasry said the price of bitcoin has the potential to reach $40,000.

via CoinDesk

CryptoCurrency News: Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

Legendary musician and former Genesis lead singer Peter Gabriel has invested in blockchain startup Provenance.

via CoinDesk

CryptoCurrency News: Bitcoin Trading Volume Is Up 100% From Its Recent Low

Bulls are back with a vengeance as shown by a 100 percent increase in trading volume from just four days ago.

via CoinDesk

CryptoCurrency News: US Congressman Calls for Ban on Crypto Buying and Mining

A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

via CoinDesk

CryptoCurrency News: Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering

The Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill.

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CryptoCurrency News: CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules

LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

via CoinDesk

CryptoCurrency News: Mining Malware Now a Bigger Threat than Ransomware, Says Report

Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.

via CoinDesk

CryptoCurrency News: Ethereum Client Parity Drops Wallet Tech in Major Upgrade

Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).

via CoinDesk

CryptoCurrency News: Baidu's Blockchain Photo App Launches With Its Own Token

Chinese internet search giant Baidu has created a proprietary token to power its new blockchain-based photo validating and sharing service. 

via CoinDesk

CryptoCurrency News: South Korea Plans Tax Perks for Blockchain Startups

South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.

via CoinDesk

CryptoCurrency News: Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.

via CoinDesk

CryptoCurrency News: Bitcoin Price Risks Pullback Before Testing $8K Again

Bitcoin could witness a minor technical correction before rising to the $8,000 mark.

via CoinDesk

CryptoCurrency News: Bitcoin Mining Firms Make Chinese Unicorns List for First Time

For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.

via CoinDesk

CryptoCurrency News: Fiat Currencies Are About to Become Essential to Public Blockchains

If we want blockchains to deliver upon their promise, we must be able to transact using traditional fiat currencies, EY's blockchain lead writes.

via CoinDesk

[FOREX TIP] NZDJPY Price Action Analysis – 18th July 2018

NZDJPY has been having a strong Buy trend on the H4 chart. The price has kept making higher highs. Today’s H4 candles have come out as corrective candles. The price is near a very significant level of Support at the moment. If the Support level is held and it produces an H4 Bullish Engulfing Candle as well as an H1 upward breakout, then buying the pair would get us some green pips later today. Let us have a look at the H4 NZDJPY chart.

NZDJPY Price Action Analysis – 18th July 2018

NZDJPY Price Action Analysis – 18th July 2018

The level of 76.325 is the level, which has the potential to be a strong level of Support. If this level is held and we get an H4 Bullish Engulfing Candle right at the level, then an H1 breakout candle at the level of 76.800 would be the signal to take the long entry. Let us have a look at the summary of the trade…

  • Buy Stop Order: 76.800
  • Stop Loss: 76.325
  • Take Profit: 77.560
  • 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

There are two reasons that I have chosen this chart to take an entry today.

  1. The trend is strong Bullish.
  2. Yesterday, one of the H4 candles came out as an H4 Bullish Engulfing Candle and made new higher high.

Whenever a trend starts with an Engulfing Candle, it attracts traders to take entries on it. Yes, we still have to wait for another H4 Bullish Engulfing candle and the breakout though. If these two things take place today, there is a 90% chance that the price would make a new higher high today as well.

NZDJPY Price Action Analysis – 18th July 2018

The post NZDJPY Price Action Analysis – 18th July 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.

via CoinDesk

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