Wednesday, September 19, 2018

CryptoCurrency News: Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem

LINE has revealed new details of its plan to launch a crypto-token economy by the end of this year.

via CoinDesk

CryptoCurrency News: Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft

Yet another Japan-based cryptocurrency exchange has been hacked, losing about $60 million worth of cryptocurrency, including 6,000 bitcoins.

via CoinDesk

CryptoCurrency News: Ecash's Creator Is Back – And He Thinks He's Built the Fastest Cryptocurrency

Famed cryptographer and digital money pioneer, David Chaum, revealed he thinks he's built a "better" cryptocurrency.

via CoinDesk

CryptoCurrency News: Bitcoin's Price Swings to Nearly $6,500 in Volatile Trading Hour

Bitcoin's volatility was on full display Wednesday when its price swung in a dramatic fashion.

via CoinDesk

CryptoCurrency News: Coinbase Hires Fannie Mae Executive as Chief Legal Officer

Coinbase has hired former Fannie Mae executive Brian Brooks as its new chief legal officer.

via CoinDesk

CryptoCurrency News: Bitcoin Core Developers Move to Fix Denial-of-Service Software Bug

An abnormally severe bug has been discovered in bitcoin's software, with possible ramifications for lightning users.

via CoinDesk

CryptoCurrency News: 3D Printed Gun Advocate Cody Wilson Charged With Child Sexual Assault

Cody Wilson, founder of the 3D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.

via CoinDesk

CryptoCurrency News: Commodity Traders, Major Banks Back New Blockchain Platform

A group of commodity traders and financial institutions have unveiled a new blockchain venture.

via CoinDesk

CryptoCurrency News: Europol Warns of Crypto Hacks and Mining Malware in Latest Report

Europol has warned against the rising threats of cryptocurrency hacks and mining malware in a new report.

via CoinDesk

CryptoCurrency News: Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds

The Texas State Securities Board has taken emergency action against three crypto investment schemes it alleges are attempting to hoax local investors.

via CoinDesk

CryptoCurrency News: US Banking Giant PNC Becomes Latest to Adopt Ripple's xCurrent

PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.

via CoinDesk

CryptoCurrency News: Binance Reveals Plan to Launch Crypto Exchanges on Almost Every Continent

Binance CEO and founder Zhao Changpeng announced an ambitious plan to build 5-10 fiat-to-crypto exchanges in the next year.

via CoinDesk

CryptoCurrency News: R3's Hearn and Brown Say Enterprise Blockchain's Day of Reckoning Is Here

Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close.

via CoinDesk

CryptoCurrency News: Bitcoin Price Lacks Direction After Defense of $6,200

Bitcoin has again entered range-bound trading following a defense of $6,200 yesterday.

via CoinDesk

CryptoCurrency News: Don't Blame Bitcoin Futures for Bear Market, CME Exec Says

Tim McCourt, managing director of CME Group, has said that bitcoin futures are not to be blamed for the slump in the crypto market this year.

via CoinDesk

[FOREX TIP] USDCHF Price Action Analysis – 19th Sept 2018

USDCHF took a long bearish ride on the H4 chart. The price seems to have found a good level of Support. The price made a breakout at a down trending Trend line as well. Thus, the pair might go towards the North if we get an H4 breakout at yesterday’s higher high. Let us have a look at the H4 USDCHF chart.

USDCHF Price Action Analysis – 19th Sept 2018

USDCHF Price Action Analysis – 19th Sept 2018

After being very bearish the level of 0.96000 played its part by producing an Engulfing Bullish H4 candle. The price went up to the level of 0.96560 yesterday, and then it produced some H4 candles that indicate consolidation. The current candle has been bullish so far. If it ends up by making a breakout at the level of 0.96560, then an H1 bullish Engulfing candle at the time of correction would be the signal to take a long entry later today. Let us have a look at the summary of the trade…

  • Buy Stop Order: 0.96560
  • Stop Loss: 0.96335
  • Take Profit: 0.96925
  • 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 called “Crude oil inventories” at GMT 15.30. I assume the signal would come much earlier than the news event hour. As long as the signal comes at least 2 hours earlier than the news event hour, we are alright to take the entry. However, by any chance if it comes at GMT15.30, we should not take the entry but wait at least the news hour to get over.


The post USDCHF Price Action Analysis – 19th Sept 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold

Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that's redeemable for actual gold.

via CoinDesk

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