Thursday, October 17, 2019

CryptoCurrency News: Crypto Exchange Upbit’s Operator Eyes Blockchain in OTC Securities Trading

Dunamu, the operator of Upbit, is releasing a new app this month for trading unlisted securities with a plan to add in blockchain next year.

via CoinDesk

CryptoCurrency News: Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help.

via CoinDesk

CryptoCurrency News: Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors.

via CoinDesk

CryptoCurrency News: WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain

Jet8 is taking a new approach to social media and data ownership using blockchain.

via CoinDesk

CryptoCurrency News: Facebook’s Libra Just Got Its First Major Supporter in Congress

Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.

via CoinDesk

CryptoCurrency News: What Facebook CEO Zuckerberg Said in His Defense of ‘Free Expression’

No mention of Libra.

via CoinDesk

CryptoCurrency News: WATCH: Our On Tap Meetup In Tokyo United Japanese Blockchain Fans With the Global Makers

Our first Tokyo meetup, held with our friends at CoinDesk Japan, brought together investors, devs, and crypto lovers.

via CoinDesk

CryptoCurrency News: Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

via CoinDesk

CryptoCurrency News: Telegram Responds to SEC: Gram Tokens Are Not Securities

Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC).

via CoinDesk

CryptoCurrency News: France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

via CoinDesk

CryptoCurrency News: Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

via CoinDesk

CryptoCurrency News: Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain

The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.

via CoinDesk

CryptoCurrency News: Bitcoin Price May Test $7,750 as Selling Pressure Grows

Bitcoin is looking increasingly weak, having closed below $8,000 on rising trading volumes Wednesday.

via CoinDesk

CryptoCurrency News: CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’

Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme.

via CoinDesk

CryptoCurrency News: Venezuelan Migrants Are Using Bitcoin for Remittances, But There’s a Catch

For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier.

via CoinDesk

[FOREX TIP] Free Forex Trade Signals USDCHF – 17th Oct 2019

USDCHF had a bearish day yesterday. The daily candle closed with a strong bearish tone. Today’s first H4 candle came out as a strong bearish candle but the next candle came out as an Inside Bar. The pair looks good for the sellers. However, a correction is needed. If the price goes back to the breakout level and produces an H4 bearish engulfing candle breaching today’s lowest low, the sellers may go short on the pair and grab some green pips. Let us have a look at the H4 USDCHF chart.

This trade idea was generated by our powerful Elite Swing Trader System.

Free Forex Trade Signals USDCHF – 17th Oct 2019

Free Forex Trade Signals USDCHF – 17th Oct 2019

The chart shows that the price had a bounce at the level of 0.99260 and produced a bullish Inside Bar. If the price goes back to the level of 0.99435, which was a level of support earlier and produces an H4 bearish engulfing candle breaching today’s lowest low, the price may head towards the level of 0.98880 with having a good selling pressure. Let us have a look at the summary of the trade…

  • Sell Stop order: 0.99125
  • Stop Loss: 0.99478
  • Take Profit: 0.98706

Tip of the Day: The pair have been within an ascending equidistant channel on the daily chart. Today’s intraday price action seems to have made a breakout at the support of the channel. The daily traders must wait for today’s candle to be closed to consider it as a breakout. However, intraday charts’ breakout may attract the traders to go short on the pair, eventually, that may help the daily candle close below the support of the channel. Let us wait and see how it ends at the end.

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The post Free Forex Trade Signals USDCHF – 17th Oct 2019 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.

via CoinDesk

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