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Monday, July 20, 2020

CryptoCurrency News: OpenEthereum Supported 50% of Ethereum Classic Nodes. Now It’s Leaving the Project



Two of Ethereum Classic’s largest clients are walking away from the project. That leaves only 30% of the network to support future updates.

via CoinDesk

CryptoCurrency News: Last Week’s Big Twitter Hack Was Years in the Making



Last week's Twitter hack was a shock to the company. It shouldn’t have been. Scams have been growing more sophisticated for years.

via CoinDesk

CryptoCurrency News: What Is GPT-3 and Should We Be Terrified?



The internet is alive with demos of what the latest artificial intelligence language model can do. Should we be nervous?

via CoinDesk

CryptoCurrency News: Argentine Telecom Hackers Demanded $7.5M in Crypto as Ransom



Argentina’s leading telecommunications company fought off a cyberattack on Saturday where hackers demanded a hefty ransom in monero to release keys that would allow infected computers back into the system.

via CoinDesk

CryptoCurrency News: Alibaba’s Ant Group Plans Dual IPOs at Possible $200B Valuation



The dual-listing could turn Alibaba affiliate Ant Group into one of the largest companies operating in the blockchain space.

via CoinDesk

CryptoCurrency News: Whale Alert Identifies 1.125 Million BTC as Satoshi’s Stash



New on-chain analysis from Whale Alert suggests Satoshi Nakamoto mined an estimated 1,125,150 in bitcoin, now worth an estimated $10.9 billion.

via CoinDesk

CryptoCurrency News: Accenture, HSBC, Seba Bank Among Bank of France’s Eight CBDC Finalists



The Bank of France’s central bank digital currency (CBDC) experiments are moving forward with eight candidate firms picked to begin work “in the coming days,” the central bank said in a press release Monday.

via CoinDesk

CryptoCurrency News: Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production



The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer.

via CoinDesk

CryptoCurrency News: Blockchain Bites: PayPal, Mastercard Inch Closer to Crypto



Also, a longer look at crypto's reaction to GPT-3, "the biggest thing since bitcoin."

via CoinDesk

CryptoCurrency News: Swipe Futures Volume Equals 42% of Its Market Capitalization



SXP futures volume signal continued interest in low-capitalization cryptocurrencies as bitcoin continues to trade in a tight range.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for July 20, 2020



With bitcoin's trading range getting even tighter, CoinDesk's Markets Daily is back for your bitcoin news roundup.

via CoinDesk

CryptoCurrency News: UK Government Moving to Restrict Cryptocurrency Promotions



Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products.

via CoinDesk

CryptoCurrency News: Japanese Financial Giant MUFG to Launch Digital Currency in 2020



The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group.

via CoinDesk

CryptoCurrency News: Is Crypto Fintech? It Depends Who You Ask



Crypto is financial technology. But Is it fintech?

via CoinDesk

CryptoCurrency News: Standard Chartered to Launch Institutional Crypto Custody Solution



The head of Standard Chartered's venture arm said the crypto custody solution could launch into test phase sometime later this year.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish



Big-money players are extending financing to bitcoin miners for equipment upgrades, even though prices are still torpid two months after the halving.

via CoinDesk

CryptoCurrency News: Bitcoin Futures Trading Volume Slips to 3-Month Low on CME



Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange has cooled as the top cryptocurrency languishes in the price doldrums.

via CoinDesk

CryptoCurrency News: Bank of Japan Forms New Team to Explore Central Bank Digital Currency



The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.

via CoinDesk

CryptoCurrency News: Mastercard Now Allows Crypto Firm Wirex to Issue Payment Cards



Mastercard said Wire is the first crypto company to become a principal member, meaning it can directly issue payment cards to its customers.

via CoinDesk

CryptoCurrency News: Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog



The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.

via CoinDesk

CryptoCurrency News: Wanted Wirecard Exec Said to Be Sheltered by Secret Service in Russia



Jan Marsalek, a former board member of Wirecard who is wanted over allegations of fraud, is reportedly being sheltered in Moscow by the biggest Russian secret service.

via CoinDesk

[FOREX TIP] GBP/USD Daily Price Forecast – 20th July 2020

GBP/USD Daily Price Forecast – 20th July 2020

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

GBP/USD Daily Price Forecast - 20th July 2020

GBP/USD Daily Price Forecast – 20th July 2020

Trade Summary:

  • Buy Stop: 1.25859
  • Stop Loss: 1.25142
  • Take Profit: 1.26514

If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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The post GBP/USD Daily Price Forecast – 20th July 2020 appeared first on Advanced Forex Strategies.



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