Thursday, October 25, 2018

CryptoCurrency News: Crypto Investing Has Finally Met Its Tinder Match

Meet Jeff Morris, Jr., who's the director of product at online dating provider Tinder, but also a venture capitalist in the crypto space.

via CoinDesk

CryptoCurrency News: Bitcoin's White Paper Isn't Just Words – It's a Constitution

The foundation of a new and better governance?

via CoinDesk

CryptoCurrency News: Report: Bitfury Weighs Initial Public Offering

Crypto miner manufacturer Bitfury is reportedly looking into raising funds through an initial public offering.

via CoinDesk

CryptoCurrency News: Canadian Border Services Begins Testing IBM Blockchain for Shipping

The Canadian Border Services Agency will partner with the Port of Montreal to trial a blockchain solution for supply chain tracking.

via CoinDesk

CryptoCurrency News: Ripple Says XRP Sales Doubled in Third Quarter of 2018

Ripple more than doubled its XRP sales quarter-over-quarter, though it did not match Q1 sales, according to its latest markets report.

via CoinDesk

CryptoCurrency News: UK Royal Mint Says Market Conditions Led to Blockchain Gold Plan Freeze

The U.K. Royal Mint has suspended its plans to issue the Royal Mint Gold token, aimed at helping investors track and manage their gold investments.

via CoinDesk

CryptoCurrency News: Germany's Central Bank Claims Success in Blockchain Settlement Trial

Germany's central bank and Deutsche Börse say they have successfully completed a blockchain trial for securities settlement.

via CoinDesk

CryptoCurrency News: Blockchain's First Hardware Wallet Will Let You Trade Crypto for Crypto

Blockchain, one of the oldest software wallet providers, is launching its first hardware wallet with a crypto-to-crypto trading feature.

via CoinDesk

CryptoCurrency News: 23-Year-Old Australian Woman Arrested Over Theft of 100,000 XRP

A 23-year-old woman from Sydney, Australia, has been arrested over the alleged theft of XRP worth over $300,000 at the time.

via CoinDesk

CryptoCurrency News: Bitcoin Price Still Seeking Buyers Despite Passing Key Trendline

Bitcoin has leapt the two-month falling trendline hurdle, but that still failed to put a bid under prices.

via CoinDesk

CryptoCurrency News: Investors Received False Information About Bitmain Funding Round

The pitch decks said DST Global and GIC invested in Bitmain when they didn't. A disgruntled investor wants to take legal action over the false claims.

via CoinDesk

[FOREX TIP] AUDUSD Price Action Analysis – 25th Oct 2018

AUDUSD has long been in a range on the H4 chart. The pair made a strong Bearish move earlier. However, the price seems to have found a strong level of Support. The H4 chart shows that the chart might end up producing a Double Bottom. Today’s first H4 candle came out as a Bullish Engulfing Candle. The current candle seems to be Bullish as well. If the price keeps going up and makes a breakout at the level, where the price had a rejection yesterday, then buying the pair would get us some green pips. Let us have a look at the H4 AUDUSD chart.

AUDUSD Price Action Analysis – 25th Oct 2018

AUDUSD Price Action Analysis – 25th Oct 2018

The level of 0.70590 is the level of Support here. The price had a number of bounces at this level. Last today’s price action shows that the price is forming a Double Bottom. If the price goes towards the North and makes a breakout at the level of 0.71050, then the formation of Double Bottom is confirmed and the price would head towards the North with more buying pressure. Summary of the trade…

  • Buy Stop order: 0.71050
  • Stop Loss: 0.70590
  • Take Profit: 0.71780
  • 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

If we have a look at the Daily-AUDUSD chart, it is evident that the pair might end up producing a Double Bottom on the Daily chart as well. This means Double bottom on the H4 chart as well as on the Daily chart. If this is the case, then AUDUSD buyers are going to move the price much higher in the coming days, weeks.

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

from Advanced Forex Strategies

CryptoCurrency News: Microfinance Firm Plans Issuance of Shariah-Compliant Blockchain Bonds

An Indonesian microfinance firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects.

via CoinDesk

CryptoCurrency News: Japan's Financial Regulator Mulls Cap on Cryptocurrency Margin Trading

Japan's Financial Services Agency is planning to put a cap on the leverage available to crypto margin traders to curb speculation and risk.

via CoinDesk

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