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Monday, October 28, 2019

CryptoCurrency News: Bitmain Turmoil: Co-Founder and Executive Director Micree Zhan Ousted



Bitcoin mining giant Bitmain is experiencing turmoil inside its management co-founder and executive director Micree Ketuan Zhan is ousted.

via CoinDesk

CryptoCurrency News: Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO



Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

via CoinDesk

CryptoCurrency News: Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain



The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.

via CoinDesk

CryptoCurrency News: Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First



China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

via CoinDesk

CryptoCurrency News: How Lebanon’s Economic Crisis Highlights Bitcoin’s Limitations



Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.

via CoinDesk

CryptoCurrency News: Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers



Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

via CoinDesk

CryptoCurrency News: AT&T Responds to Crypto Exec’s SIM Swap Suit: See You in Court



The loss highlights an obvious question for security experts, who wondered why an experienced crypto executive would keep such high sums online.

via CoinDesk

CryptoCurrency News: Inter-American Development Bank to Pilot Land Registries on Blockchain



The global organization is aiming to ease the burden of trying to reset land titles in Latin American countries.

via CoinDesk

CryptoCurrency News: China Wants Communist Party Members to Pledge Loyalty on Blockchain



Chinese President Xi Jinping's party is taking his words about the blockchain to heart. 

via CoinDesk

CryptoCurrency News: Bakkt to Launch Crypto ‘Consumer App’ in First Half of 2020



Bakkt says it's launching a consumer app next year that will let customers pay crypto at Starbucks.

via CoinDesk

CryptoCurrency News: Top US Food Co-Op to Track Seafood Using Mastercard’s Blockchain Tech



A food tracking platform utilizing Mastercard's blockchain technology is to be piloted by U.S. food co-operative giant Topco at its member grocers.

via CoinDesk

CryptoCurrency News: BA-Backed Firm Raises $5 Million to Put Airline Security on a Blockchain



Zamna – a startup backed by the parent firm of British Airways – is building a blockchain bridge for security information between agencies and airlines.

via CoinDesk

CryptoCurrency News: Ghoulish NFTs Will Haunt the Blockchain This Halloween



'Tis the season for spooky digital collectibles.

via CoinDesk

CryptoCurrency News: Bitcoin’s Four-Month Bear Trend Intact Even After 16% Price Rise



Bitcoin eked out double-digit gains last week, but failed to invalidate a four-month bearish trend. A pullback toward $8,800 may lie ahead.

via CoinDesk

CryptoCurrency News: Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption



A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

via CoinDesk

CryptoCurrency News: Hyperledger Challenges JPMorgan’s Quorum for Enterprise Ethereum Crown



Besu, the new ethereum client from Hyperledger, has the potential to eclipse all other enterprise versions of ethereum, including JPMorgan’s Quorum.

via CoinDesk

CryptoCurrency News: Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor



A former regulator in China has argued that Sichuan – a bitcoin mining hub – should study how to remain attractive to crypto-related business.

via CoinDesk

CryptoCurrency News: China Seizes the Blockchain Opportunity. How Should the US Respond?



Mike J Casey unwraps the recent comments from Chinese leader Xi Jinping's recent remarks related to blockchain.

via CoinDesk

[FOREX TIP] Free Forex Trade Signals EURCAD – 28th Oct 2019

EURCAD has been bearish on the H4 chart. The price has been heading towards the South with good selling pressure. Last Friday’s daily candle came out as a bearish candle and today’s first two H4 candles came out as corrective bullish candles. The last H4 candle closed within a level, which has the potential to hold the price and produce an H4 bearish reversal candle. If the price continues to go towards the support and makes a breakout, the sellers may find an opportunity to go short on the pair. Let us have a look at the H4 EURCAD chart…

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

Free Forex Trade Signals EURCAD – 28th Oct 2019

Free Forex Trade Signals EURCAD – 28th Oct 2019

The price found its support at the level of 1.44650 after being very bearish. The last H4 candle closed within the level of 1.44890. This is the level where the price reacted earlier. If the level holds the price and produces an H4 bearish engulfing candle followed by an H4 breakout at the level of 1.44650, and H1 bearish engulfing candle at the pullback will be the signal to go short on the pair. Let us have a look at the summary of the trade…

  • Sell Stop Order: 1.44632
  • Stop Loss: 1.45009
  • Take Profit: 1.44206

The Take Profit level is daily support. Thus, an abrupt upward movement may take place once the price hits the Take Profit level. The way the daily price has been heading towards it, we may get a breakout. However, we must wait for that to find that out. Meanwhile, we shall come out with the profit that we may make from this setup.

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The post Free Forex Trade Signals EURCAD – 28th Oct 2019 appeared first on Advanced Forex Strategies.



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