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Friday, August 28, 2020

CryptoCurrency News: Chainlink Acquires Blockchain Oracle Solution From Cornell University



Chainlink has acquired privacy-focused oracle solution DECO from Cornell University. The data feed system is also drafting a second white paper for the project.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi



Bitcoin made gains Friday, both in price and what's locked in DeFi.

via CoinDesk

CryptoCurrency News: The Anxiety Index: 4 Fear Factors Shaping the Economy



From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’



Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless.

via CoinDesk

CryptoCurrency News: Money Reimagined: From COVID Generation to Crypto Generation



Millennials and Generation Zers have many reasons to embrace crypto and reform the financial system in their own interests.

via CoinDesk

CryptoCurrency News: Robinhood Taps Former Fidellity, Wells Fargo Execs as Compliance Heads



Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 28, 2020



With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: Fed Chair Powell’s Flexible Inflation Views Were Already Priced In



Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy.

via CoinDesk

CryptoCurrency News: Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining: Report



Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S.

via CoinDesk

CryptoCurrency News: Japanese Financial Giant SBI Holdings Launches Short-Term Crypto Derivatives



Already live on SBI's forex trading platform, the contracts for difference (CFDs) are available in bitcoin, ether and XRP flavors.

via CoinDesk

CryptoCurrency News: First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle



Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

via CoinDesk

CryptoCurrency News: Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets



Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

via CoinDesk

CryptoCurrency News: Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge



"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000.

via CoinDesk

CryptoCurrency News: Data Ownership Should Be About Software, Not Lawsuits



Andrew Yang's "Data Dividend" and the EU's GDPR are not enough to put users back in control of their data.

via CoinDesk

CryptoCurrency News: Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature



The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.

via CoinDesk

CryptoCurrency News: DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding



Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

via CoinDesk

CryptoCurrency News: Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia



Affected mining centers in the area may see a notable increase in electricity costs.

via CoinDesk

[FOREX TIP] GBP/CHF Daily Price Forecast – 28th August 2020

GBP/CHF Daily Price Forecast – 28th August 2020

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

GBP/CHF Daily Price Forecast - 28th August 2020

GBP/CHF Daily Price Forecast – 28th August 2020

Trade Summary:

  • Buy Stop: 1.20577
  • Stop Loss: 1.19888
  • Take Profit: 1.20577

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/CHF Daily Price Forecast – 28th August 2020 appeared first on Advanced Forex Strategies.



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