Friday, November 8, 2019

CryptoCurrency News: Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank.

via CoinDesk

CryptoCurrency News: Bitcoin Falls 4.3%, Slipping Below $9,000 for First Time in Two Weeks

Bitcoin has fallen below $9,000 for the first time in two weeks after breaching its 200-day moving average, which had been seen as a price support by some traders using technical analysis.

via CoinDesk

CryptoCurrency News: PODCAST: Meltem Demirors on the 3 Things Bitcoin Represents

On this episode of Bitcoin Macro: "For traditional investors, it's sort of a challenging paradigm when these three things are wrapped together."

via CoinDesk

CryptoCurrency News: PODCAST: Josh Brown on Why Bitcoin Is Like the 1800s Railroad Boom

On this episode of Bitcoin Macro: "In the 1800s we had a bubble in railroads, and almost every one of them went bankrupt."

via CoinDesk

CryptoCurrency News: PODCAST: Kaiko’s Ambre Soubiran on Bitcoin’s ‘Intrinsic Value’

On this episode of Bitcoin Macro: "The fact that it works and that it has been working for 10 years has value."

via CoinDesk

CryptoCurrency News: Crypto and Blockchain Jobs Have Increased By 26% Since 2018: Research

Wile the number of ads being posted in the space has grown, job seeker interest has plummeted, according to Indeed data.

via CoinDesk

CryptoCurrency News: Pension Funds Double Crypto Asset Exposure in Morgan Creek’s Fund to 1%

The two Fairfax County, Virginia, pension funds invested only 0.5 percent in crypto and blockchain last year.

via CoinDesk

CryptoCurrency News: Founder of Bitmain Rival Held by Police Over Possible IP Dispute

The founder and CEO of bitcoin miner maker MicroBT is being held by police, a source says it's to assist an investigation over a business dispute.

via CoinDesk

CryptoCurrency News: FBI Director: Cryptocurrency Is ‘Significant Issue’ for Law Enforcement

Christoper Wray said crypto is becoming a "bigger and bigger" issue for the agency in a Senate hearing with Mitt Romney.

via CoinDesk

CryptoCurrency News: Bitcoin’s Weekly Chart May See Golden Cross for First Time in 3.5 Years

Bitcoin looks on track to produce a bullish long-term signal not seen in 3.5 years.

via CoinDesk

[FOREX TIP] Free Forex Trade Signals USDJPY – 8th Nov 2019

USDJPY has been bullish on the daily chart. Yesterday’s daily candle engulfed the day before yesterday’s candle. The H4 chart shows that the price has a bounce on the flipped support. If the level holds the price and produces an H4 bullish reversal candle, the buyers may find an opportunity to go long on the pair upon an upside breakout at yesterday’s highest high. Let us have a look at the H4 USDJPY chart.

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

Free Forex Trade Signals USDJPY – 8th Nov 2019

Free Forex Trade Signals USDJPY – 8th Nov 2019

The H4 chart shows that the price has been heading towards the North on an ABC pattern. The price breached a swing high on its bullish journey. The level seems to hold the price as a flipped support. A bullish reversal candle at this level may push the price towards the North. If the price makes a breakout at the level of 109.480, it may go towards the level of 110.000 with good bullish momentum. Let us have a look at the summary of the trade…

  • Buy Stop Order: 109.485
  • Stop Loss: 109.140
  • Take Profit: 109.785

Take Profit level in this trade setup is a round number, which may have a huge impact on the pair. It would be better if we come out with our whole trade once it hits the target. An abrupt move towards either side is very much on the card once it reaches the level of 110.000. Let us not get hit by that volatility. Let the pair decide what it would do next.

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The post Free Forex Trade Signals USDJPY – 8th Nov 2019 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Tether Says Its Stablecoin Is ‘Fully Backed’ Again

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.

via CoinDesk

CryptoCurrency News: Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

Brian Haney, a former narcotics trafficker, pled guilty to charges that he laundered $19 million in bitcoin on Silk Road.

via CoinDesk

CryptoCurrency News: DBS Bank Partners with Singapore Government to Launch Blockchain Trade Platform

Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade.

via CoinDesk

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