Thursday, October 11, 2018

CryptoCurrency News: EOS' Grand Governance Experiment Has a New Enemy: China's Great Firewall

English or Mandarin? Telegram or WeChat? EOS is finding governance isn't just about code.

via CoinDesk

CryptoCurrency News: Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal

Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million.

via CoinDesk

CryptoCurrency News: SpankChain Says Hacker Returned Stolen Crypto Funds

SpankChain reported Thursday night that a hacker who stole 165 ETH from its payment platform had returned the funds.

via CoinDesk

CryptoCurrency News: Crypto Defender Spars With Famed Critic During US Senate Hearing

Peter Van Valkenburgh explained the potential benefits from cryptocurrency and blockchain while Nouriel Roubini called it "the mother of all scams."

via CoinDesk

CryptoCurrency News: Coinbase Adds Its First Ethereum Token to Professional Trading Platform

Coinbase announced it was listing the 0x Protocol token on its professional trading platform Thursday.

via CoinDesk

CryptoCurrency News: Nearly $1 Billion Stolen In Crypto Hacks So Far This Year: Research

The losses related to crypto hacks continue to rise sharply, with nearly $1 billion stolen in the first nine months of 2018, research suggests.

via CoinDesk

CryptoCurrency News: Regulators Sue ICO Company That Falsely Claimed SEC Approval

The SEC is suing an ICO organizer and his company, alleging that they claimed the agency had approved its sale.

via CoinDesk

CryptoCurrency News: Twitter Promoted a Fake Elon Musk Crypto Giveaway Scam

A verified Twitter account masquerading as Elon Musk was used to publish and circulate a promoted tweet for a crypto scam Thursday.

via CoinDesk

CryptoCurrency News: Wealth List Reveals China's 13 Biggest Crypto Billionaires

Chinese entrepreneurs behind some of the biggest crypto firms in the world have made the country's billionaires list for the first time.

via CoinDesk

CryptoCurrency News: PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto

China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.

via CoinDesk

CryptoCurrency News: 4 Reasons Why Bitcoin's Price Could Now Drop to $6K

Bitcoin's sudden drop to three-week lows has turned the tide in favor of the bears. So is $6,000 the next stop?

via CoinDesk

CryptoCurrency News: Wallet Provider Blockchain Hires Bank Exec for Global Regulatory Push

Blockchain.info has hired former Noble Bank chief compliance officer Ben Melnicki as its new global regulatory counsel.

via CoinDesk

CryptoCurrency News: 'Doctor Doom' vs Crypto: Here's What to Expect in Congress Today

Economist Nouriel Roubini and Coin Center's Peter Van Valkenburgh will testify about crypto and blockchain before a U.S. Senate committee today.

via CoinDesk

CryptoCurrency News: US Customs Agency Hopes to Evaluate Blockchain Pilot by December

Representatives from U.S. Customs and Border Protection say they hope to evaluate its blockchain tech trial and produce recommendations by December.

via CoinDesk

[FOREX TIP] USDCHF Price Action Analysis – 11th Oct 2018

USDCHF has been Bearish on the H4 chart. The selling pressure is not that strong, but the price has been heading towards the South by making new lower lows. Today’s first H4 candles came out as Bearish candles. It is time for the price to consolidate or make some corrections on the lower time frames. If things go accordingly, then we might get an opportunity to take a short entry on the pair. Let us have a look at the USDCHF chart.

USDCHF Price Action Analysis – 11th Oct 2018

USDCHF Price Action Analysis – 11th Oct 2018

The level of 0.99000 has been working as an Intraday Resistance. It produced two consecutive H4 Bearish candles. If the current candle comes out as an Insider bar and later we get an H4 Bearish reversal candle at the level of 0.98755, then the price would head towards the level of 0.98000 without having that many pauses. Let us have a look at the summary of the trade…

  • Sell Limit Order: 0.98755
  • Stop loss: 0.99000
  • Take profit: 0.98000
  • 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

As we see that both our Stop loss and Take profit levels are on the “Round Number”. A round number plays a big role in the Forex market. Especially, to set a Take profit level, we must consider the round numbers. It is often seen that the round-numbered levels make the price have some corrections. Yes, it depends on the time frames. The bigger the chart, the round numbers associated with it plays the bigger role. In today’s chart, 0.98000 is a round number and it worked as a Support level earlier on the H4 chart.

The post USDCHF Price Action Analysis – 11th Oct 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: South Korea to Decide on ICO Legality in November, Official Says

The South Korean government will decide in November on whether it will allow initial coin offerings again in the country, an official has said.

via CoinDesk

bitcoin faucet

Popular Posts