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Monday, August 17, 2020

CryptoCurrency News: Top Bitcoin Mining Pools See 15% Hash Rate Drop Amid Continuous Rainstorms in China



Major Chinese bitcoin mining pools are each seeing daily hash rate drops between 10 to 20% as continuous rainstorms in Sichuan disrupt power supply.

via CoinDesk

CryptoCurrency News: Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial



Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked



Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi.

via CoinDesk

CryptoCurrency News: Capital One Files Patent for AI That Would Slice, Dice Social Media to Find Crypto Trading Picks



“It would be impossible for human traders to track” crypto's 24/7 informational onslaught on their own, Capital One said.

via CoinDesk

CryptoCurrency News: OKEx Mulls ETC Delisting After Losses From Two 51% Attacks



OKEx admitted a total loss of approximately $5.6 million from the recent Ethereum Classic 51% attacks and could delist ETC from its exchanges.

via CoinDesk

CryptoCurrency News: What’s Actually Happening With Inflation Right Now



The numbers are all over the place and the narratives are even more complicated, so what’s the real story with inflation?

via CoinDesk

CryptoCurrency News: An Open Letter to Our Dear Bankers: Be Brave



It's time to have a conversation about crypto, dear banker.

via CoinDesk

CryptoCurrency News: Grayscale’s Bitcoin Cash and Litecoin Trusts Begin Trading Publicly



Grayscale now has six publicly traded crypto investment vehicles, all trusts.

via CoinDesk

CryptoCurrency News: Bitcoin Surges Past $12,000 to New 2020 High



This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bitcoin on DeFi and DeFi on Bitcoin



More bitcoins are being tokenized than mined, DeFi is coming to the Bitcoin system and a former Prudential Securities CEO thinks crypto is a safe bet.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 17, 2020



With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound



Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.

via CoinDesk

CryptoCurrency News: Blockchain Venture Capital Firm SPiCE VC Taps Coinbase as Digital Asset Custody Partner



SpiceVC announced it has signed an agreement with Coinbase Custody, under which Coinbase will serve as the digital asset custodian for the Spice token.

via CoinDesk

CryptoCurrency News: First Mover: Litecoin and Mimblewimble, Ether Futures, Chainlink, Curve



Litecoin's Mimblewimble upgrade sparks optimism, Ether futures hit records, Chainlink developers take profits.

via CoinDesk

CryptoCurrency News: ING Bank, Rolls Royce Join Alliance to Promote Blockchain Education



Both Rolls Royce and Ing Bank have signed up to an industry body that supports student developers interested in building their own blockchain projects.

via CoinDesk

CryptoCurrency News: Bitcoin Price Holds Below $12K Even as Hash Rate Hits All-Time High



Bitcoin's hash rate has soared to record highs, some analysts say it might kick the price out of its rut.

via CoinDesk

CryptoCurrency News: Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches



"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.

via CoinDesk

CryptoCurrency News: APIs Will Decentralize CBDCs



Central banks must create API access for CBDC experiments if they're serious about full inclusion, market resilience and system efficiency.

via CoinDesk

CryptoCurrency News: Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M



Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million.

via CoinDesk

[FOREX TIP] CAD/JPY Daily Price Forecast – 17th August 2020

CAD/JPY Daily Price Forecast – 17th August 2020

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

CAD/JPY Daily Price Forecast - 17th August 2020

CAD/JPY Daily Price Forecast – 17th August 2020

Trade Summary:

  • Sell Stop: 80.260
  • Stop Loss: 80.515
  • Take Profit: 79.925

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 CAD/JPY Daily Price Forecast – 17th August 2020 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Bitcoin DeFi May Be Unstoppable, What Does It Look Like?



Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.

via CoinDesk

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