Tuesday, February 18, 2020

CryptoCurrency News: Crypto Industry Lauds Token Safe Harbor, But Warns of Risks

Crypto advocates are praising SEC Commissioner Hester Peirce’s token “safe harbor” proposal, though not without questioning the details.

via CoinDesk

CryptoCurrency News: Samsung Continues Support for Crypto with New Flagship Smartphone

Users will still be able to hold cryptocurrencies on Samsung's newly launched Galaxy S20 range.

via CoinDesk

CryptoCurrency News: The IRS Is Inviting Crypto Firms to a ‘Summit’ in DC Next Month

The IRS will hold a summit to better inform its thinking around taxing cryptocurrencies next month.

via CoinDesk

CryptoCurrency News: Is It Exploitation Season for DeFi?

Are two recent attacks taking advantage of "flashloans," low liquidity and price oracle issues the first of more to come?

via CoinDesk

CryptoCurrency News: CoinDesk’s New Opinion Section: The Future of the Financial System Is Up for Debate

Announcing CoinDesk’s new opinion section, a place for discussion on the future of money and all the interesting questions that surround crypto and blockchain as ideas.

via CoinDesk

CryptoCurrency News: A Safer Harbor: Improving Hester Peirce’s Proposal for Regulating Token Sales

Hester Peirce's safe harbor proposal would benefit from greater protections for token holders, say two law professors.

via CoinDesk

CryptoCurrency News: BitGo Acquires Harbor in Surprise Expansion Beyond Crypto Custody

Digital asset custodian BitGo is building a “full stack” security token services provider by acquiring tokenization platform Harbor, including its broker-dealer and transfer agent.

via CoinDesk

CryptoCurrency News: Crypto News Roundup for Feb. 18, 2020

With the price of bitcoin breaking below last week's critical resistance, Markets Daily is back with another time-saving news roundup.

via CoinDesk

CryptoCurrency News: Crypto Firms Should Get Behind Peirce’s Safe Harbor Proposal, Even if It’s Unlikely to Become Law

Hester Peirce's idea may not be formally considered by the SEC, but it could help refine and define future crypto regulation, say two advisers.

via CoinDesk

CryptoCurrency News: US Presidential Contender Michael Bloomberg Proposes ‘Clear Regulatory Framework’ for Crypto

US presidential candidate Michael Bloomberg said he would clarify tax and securities laws around crypto in a new financial reform plan.

via CoinDesk

CryptoCurrency News: Preston Byrne: Peirce’s Safe Harbor Proposal Would Be Hilarious If It Weren’t So Serious

In his first column for CoinDesk, Preston Byrne responds to Hester Peirce's proposal for a token sale safe harbor.

via CoinDesk

CryptoCurrency News: Hester Peirce: Tell Me How to Improve My Safe Harbor Proposal

SEC Commissioner Hester Peirce has proposed a new way to regulate token sales. If there are better alternatives, she wants to hear about them.

via CoinDesk

CryptoCurrency News: DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether

The attacker manipulated price feeds in order to create and profit from an under collateralized loan.

via CoinDesk

CryptoCurrency News: Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

Blocknox, a subsidiary of the second largest German stock exchange, is expanding its crypto custody service to institutional players.

via CoinDesk

CryptoCurrency News: Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

While a long-term price indicator has flipped bullish, the cryptocurrency is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support.

via CoinDesk

CryptoCurrency News: Enjin Launches Game Development Platform on Ethereum

The Enjin Platform allows devs to integrate crypto tokens into apps and games.

via CoinDesk

CryptoCurrency News: Erik Voorhees: Within Five Years There Will Be a Major Financial Meltdown and Crypto Will Be Ready

When ShapeShift implemented KYC requirements, Erik Voorhees lost 95 percent of his users. But he remains as committed to crypto as ever.

via CoinDesk

[FOREX TIP] CHF/JPY Daily Price Forecast – 18th Feb 2020

CHFJPY produced a bullish daily candle at a support zone yesterday. On the H4 chart, today’s first H4 candle came out as a strong bearish candle closing within that level of support. As of writing, the current H4 candle has been bullish. If the candle closes as a bullish reversal candle forming at double bottom support, the buyers may go long on the pair above the neckline level. Let us have a look at the H4 CHFJPY chart.

This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.

CHF/JPY Daily Price Forecast – 18th Feb 2020

CHF/JPY Daily Price Forecast – 18th Feb 2020

The chart shows that the price had a bounce at the level of 111.710 yesterday. Today’s first candle closed within the level as well. This is a sign that the level may produce a double bottom. If the price heads towards the North and makes a breakout at the level of 111.950, the buyers may trigger a long entry to grab some green pips. The price may head towards the level of 113.070 but may consolidate around the level of 112.570. Let us have a look at the summary of the trade…

  • Buy Limit: 111.737
  • Stop Loss: 111.326
  • Take Profit: 112.103

The market has been sluggish to start this week. It may shift its gear today. If it does, then the market may make a good move this week. However, major pairs seem to be choppy a little after making some big moves on the charts such as the daily and weekly. This suggests that the market may not be a good week as far as price action trading is concerned.

We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society


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The post CHF/JPY Daily Price Forecast – 18th Feb 2020 appeared first on Advanced Forex Strategies.

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