Friday, October 18, 2019

CryptoCurrency News: Fidelity Digital Assets Opens to All Qualified Investors

Fidelity Digital Asset Services is rolling out its custody and trading platform to all qualified clients, after initially expecting it to launch in March.

via CoinDesk

CryptoCurrency News: With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?

The 18 millionth bitcoin is about to be mined. Though the remaining 3 million will take 120 years to mint, some question the certainty of the original hard cap.

via CoinDesk

CryptoCurrency News: FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns

Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.

via CoinDesk

CryptoCurrency News: Kik Sells Messaging App, Reaffirms Kin Crypto Integration

Kik has sold its messaging business to a holding company called MediaLab but plans to continue enabling Kin on the platform

via CoinDesk

CryptoCurrency News: Circle to Spin Out Poloniex Exchange Less Than 2 Years After $400 Million Takeover

Crypto exchange Poloniex is spinning out from its parent firm Circle, the companies announced Friday. According to a pair of blog posts, Poloniex will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm. The new trading platform will not serve U.S. customers. U.S. residents have until Dec. […]

via CoinDesk

CryptoCurrency News: Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities

U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange.

via CoinDesk

CryptoCurrency News: Fake Tor Browser Has Been Spying, Stealing Bitcoin ‘For Years’

Hackers have been distributing a compromised version of the official Tor Browser that's packed with malware designed to steal bitcoin.

via CoinDesk

CryptoCurrency News: Looming Death Cross Suggests Bitcoin May Be Nearing Price Bottom

An impending death cross, a bearish but lagging indicator, suggests bitcoin could be nearing a major bottom.

via CoinDesk

CryptoCurrency News: Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.

via CoinDesk

CryptoCurrency News: Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.

via CoinDesk

CryptoCurrency News: What to Make of the SEC’s Latest Bitcoin ETF Rejection

The bitcoin market isn't mature enough to support an ETF, said the SEC in its latest rejection of the concept. So what now?

via CoinDesk

[FOREX TIP] Free Forex Trade Signals USDCAD – 18th Oct 2019

USDCAD had a bearish day yesterday. The daily candle closed within a level of support where the price had a bounce earlier. On the H4 chart, the price has been on consolidation. A flipped resistance may be held, which is nearby. If the level is held and it produces an H4 bearish reversal candle, a breakout at yesterday’s lowest low would drive the price towards the South further. Let us have a look at the H4 USDCAD chart. 

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

Free Forex Trade Signals USDCAD – 18th Oct 2019

Free Forex Trade Signals USDCAD – 18th Oct 2019

The H4 chart shows that the price has been headed towards the South with good bearish momentum before finding support at the level of 1.31320. The price may go towards the level of 1.31480 and consolidate more. If the level of 1.31480 is held and it produces an H4 engulfing candle breaching the level of 1.31320, then the price may head towards the level of 1.30850. Let us summarize the trade…

  • Entry: H4 breakout at 1.31320
  • Stop Loss: Above 1.31480
  • Take Profit: 1.30850

We are anticipating consolidation here. There is a difference between consolidation and correction. Price correction occurs when there is a big movement. On this chart, the bearish trend is established with four bearish similar length candles. If there were only two candles and the last one being a massive one, we would anticipate a correction instead. There are other differences between them.

  1. A correction’s length is larger than a consolidation’s length.
  2. At a consolidation, we must wait for a breakout at the highest high or lowest low.
  3. At a correction, we wait for an engulfing reversal candle at flipped support/resistance.

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The post Free Forex Trade Signals USDCAD – 18th Oct 2019 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: This Popular Tourism Area Will Soon Test a Local Cryptocurrency

Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan.

via CoinDesk

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