Tuesday, March 31, 2020

CryptoCurrency News: Bitcoin Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities.

via CoinDesk

CryptoCurrency News: Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals

The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from analytics firm Skew.

via CoinDesk

CryptoCurrency News: Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments

With paywall systems for a whole bevy of assets, crypto payments could revolutionize the media industry – if demand actually matched supply.

via CoinDesk

CryptoCurrency News: Crypto-Powered Internet Helps Work From Home During Coronavirus

Althea brings the internet to under-served places, offering households crypto to be part of a mesh system.

via CoinDesk

CryptoCurrency News: Nic Carter: ‘If You’re Not Radicalized, You’re Not Paying Attention’

Castle Island Ventures and Coin Metrics co-founder joins to discuss cascading crises, crypto dollarization and the state of the bitcoin narrative.

via CoinDesk

CryptoCurrency News: Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices

To those who believe in a digital future in which decentralization makes systems more resilient, the coronavirus crisis has expedited the inevitable.

via CoinDesk

CryptoCurrency News: IoT App Nodle Moves From Stellar Blockchain to Polkadot

IoT platform Nodle announced it is switching from the Stellar blockchain to a custom build on Parity Technologies’ Substrate network.

via CoinDesk

CryptoCurrency News: Ex-State Street Blockchain Team Drops DLT From New Data-Privacy Startup

Data privacy startup Manetu goes live early next month with $3.5 million in backing from Castle Island Ventures and others.

via CoinDesk

CryptoCurrency News: View From Manila: Life During Coronavirus

Leah Callon Butler works out where to stash her cash and tries to tell fact from fiction amid the shutdown in the Philippines.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for March 31, 2020

A popular Ethereum game is dropping crypto while France explores digital banks. It's CoinDesk's Markets Daily.

via CoinDesk

CryptoCurrency News: Ex-Royal Mint Team’s Crypto Insurance Now Provides $1M Cover for All Civic Wallets

Coincover is now providing automatic insurance cover on all new signups for Civic's hot wallet.

via CoinDesk

CryptoCurrency News: Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds

Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.

via CoinDesk

CryptoCurrency News: Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices

While bitcoin has recovered sharply from recent lows below $4,000, the cryptocurrency is still on track to end March with a double-digit price loss.

via CoinDesk

CryptoCurrency News: ‘MLB Champions’ Downplays ETH, Aims for Mass Market in New Game Reboot

Blockchain game MLB Champions is rolling out a slew of new gameplay features while reducing its reliance on Ethereum.

via CoinDesk

CryptoCurrency News: Australian Crypto Exchange CoinSpot Wins ISO Security Accreditation

CoinSpot says it's jumped through the hoops to meet the internationally recognized ISO standard.

via CoinDesk

CryptoCurrency News: Crypto Markets Can Never Close, and That’s a Good Thing

Should markets temporarily close even temporarily to calm investor panic? Noelle Acheson says no while crypto markets can’t. Both are good things.

via CoinDesk

[FOREX TIP] EUR/GBP Daily Price Forecast – 31st March 2020

EURGBP has been bearish on the daily chart. The pair made a strong bearish move on the H4 chart. Upon finding its support, the price has been on an upward correction. A level of flipped resistance may come into play and drive the price towards the downside. There is enough space for the price to travel towards the South. Thus, the H4 sellers may be interested to go short in the pair and that would create a good bearish momentum. Let us have a look at the H4 EURGBP chart.

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

EUR/GBP Daily Price Forecast – 31st March 2020

EUR/GBP Daily Price Forecast – 31st March 2020

The chart shows that the price after being bearish had a bounce at the level of 0.88725. It produced an inside bar bullish candle and pushed the price towards the North. The price had a rejection at the level of 0.89465 and produced a Doji candle. If the price heads towards the South and makes a breakout at the level of 0.88725, the sellers may trigger a short entry to grab some green pips. Let us have a look at the summary of the trade…

  • Sell Stop:  0.88635
  • Stop Loss: 0.89833
  • Take Profit: 0.87663

Tip of the Day: Since the daily chart shows that, the nearest level of support is quite a distance, the H4 sellers may consider taking a partial profit at the take profit level. The price may head towards the level of 0.85470. Eventually, it may even go up to the level of 0.83000. It would take time but the way it has been heading towards the South, it is very much on the card.

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The post EUR/GBP Daily Price Forecast – 31st March 2020 appeared first on Advanced Forex Strategies.

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