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Monday, August 13, 2018

CryptoCurrency News: You Can Now Get Paid (A Little) For Using Bitcoin's Lightning Network



Lightning nodes are making money – albeit not much – displaying the potential for a growing fee market on the layer two tech.

via CoinDesk

CryptoCurrency News: Bitcoin's Price Falls Below $6K to Near 2018 Low



Bitcoin fell below $6,000 on Tuesday, a decline that brings the price of the world's largest cryptocurrency to within 2 percent of its 2018 low.

via CoinDesk

CryptoCurrency News: Below $200 Billion: Crypto Market Sinks to New 2018 Low



Falling prices have sent the total market capitalization of all cryptocurrencies below $200 billion.

via CoinDesk

CryptoCurrency News: XRP Cryptocurrency Now Down 90% From 2018 Price High



XRP, the world's third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.

via CoinDesk

CryptoCurrency News: EU Lawmaker Wants to Include ICOs in New Crowdfunding Rules



A draft proposal by the EP's Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs).

via CoinDesk

CryptoCurrency News: Below $300: Ether Price Hits New Low for 2018



The price of Ethereum (ETH) just fell below $300 for the first time since November 12 of last year.

via CoinDesk

CryptoCurrency News: Marvel Weighs Legal Move Against Crypto Startup's 'Wacoinda' Plans



Marvel Characters is not yet sure if it will oppose a cryptocurrency startup playing off the name of the fictional nation Wakanda from Black Panther.

via CoinDesk

CryptoCurrency News: Bitt Inks Blockchain Deal With Another Caribbean Central Bank



Bitt is partnering with the Centrale Bank van CuraƧao en Sint Maarten to look into issuing a central bank-backed digital currency for the two nations.

via CoinDesk

CryptoCurrency News: Bitcoin Price Hits 7-Month High Against Turkish Lira



Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.

via CoinDesk

CryptoCurrency News: Former S&P President Leads Seed Round for ICO Compliance Startup



Regtech and compliance startup iComply has just completed a seed funding round led by former Standard and Poor's chief Deven Sharma.

via CoinDesk

CryptoCurrency News: Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs



A governmental committee comprised of Saudi Arabian regulators has issued a statement warning that cryptocurrency trading is illegal in the kingdom.

via CoinDesk

CryptoCurrency News: Blockchain Social Network Minds Is Migrating to Ethereum for Launch



Blockchain-based social network Minds is moving its platform to the ethereum mainnet, the startup announced Monday. 

via CoinDesk

CryptoCurrency News: Bitcoin Price Move Past $6.5K Would Boost Upside Potential



Bitcoin's corrective rally could gather steam above the key descending trendline hurdle of $6,480.

via CoinDesk

CryptoCurrency News: China's Communist Party Publishes Blockchain Tech 101 for Officials



China's Communist Party is moving to make blockchain literacy the norm with the publication of a guide book for officials and members.

via CoinDesk

CryptoCurrency News: Where Roads Can't Reach, Blockchain Drones Just Might Travel



A team of Russian engineers and entrepreneurs wants to link heavy-duty delivery drones using blockchain.

via CoinDesk

[FOREX TIP] EURCAD Price Action Analysis – 13th August 2018

EURCAD has been very Bearish on the H4 chart. The price has kept making lower lows and as things stand, it seems that the price might go further down. Today’s first two H4 candles came out as corrective candles. The current candle along with the last two candles has been held by a significant level of Resistance. If the level is held and it produces an H4 Bearish Engulfing Candle, then we might get an opportunity to go short on the pair and make some green pips. Let us have a look at the H4 EURCAD chart.

EURCAD Price Action Analysis – 13th August 2018

EURCAD Price Action Analysis – 13th August 2018

As we see the first two candles were Bearish, but did not create that much momentum. The current candle has gone bit up. If this candle is held by the level of 1.49835 and it ends up being an H4 Bearish Engulfing Candle, then an H1 breakout at the level of 1.49240 would lead the price to go towards the level of 1.48250 without having that many pauses.

  • Sell Stop Order: 1.49240
  • Stop Loss: 1.49835
  • Take Profit: 1.48240
  • 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 current H4 candle could come out as the H4 Engulfing Candle, and then the signal candle has to be produced before the New York open. If the H4 signal candle is produced later, then the signal might come just after the New York open. Since the Euro depends on the London open and the Cad depends on the New York open, so we have to keep our eyes on the pair on both openings.

EURCAD Price Action Analysis – 13th August 2018

The post EURCAD Price Action Analysis – 13th August 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam



A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

via CoinDesk

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