CryptoCurrency News: Former Ripple CTO's Blockchain Project Coil Enters Closed Beta

The new company, which incorporates the Interledger and Codius technologies Thomas helped develop at Ripple, is now available to try out.

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CryptoCurrency News: Firefox Plans to Block Crypto Mining Malware in Future Releases

Mozilla Firefox intends to add a function to block cryptomining scripts on websites by default in one of its upcoming releases.

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CryptoCurrency News: Ethereum Developers Move to Alter the Blockchain's Economics

Developers agreed to reduce ethereum issuance from 3 ETH to 2 ETH in an upcoming hard fork, Constantinople.

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CryptoCurrency News: Eminem's Latest Album 'Kamikaze' Features a Bitcoin Shout-Out

The rapper Eminem has given bitcoin's public awareness a boost with a mention of the cryptocurrency on his just-launched album "Kamikaze."

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[FOREX TIP] AUDCAD Price Action Analysis – 31st August 2018

AUDCAD has been Bearish on the H4 chart. The pair has kept making lower lows by obeying a down trending Trendline. Yesterday’s Daily candle came out as a Bearish candle as well. It was not a solid good-looking Bearish candle, but the overall sentiment shows that the pair might make another Bearish move later today. Let us have a look at the H4 AUDCAD chart.

AUDCAD Price Action Analysis – 31st August 2018

The level of 0.93960 is the level of Support here, which has to be broken. On the other hand, the level of 0.94415 is the level that might play its part as the level or Resistance. If this level is held and produces an H4 Bearish Engulfing Candle and later we get an H1 breakout at the level of 0.93960, then the price would head towards the level of 0.93220 without having that many pauses. Let us have a look at the summary of the trade…

• Sell Stop Order: 0.93960
• Stop Loss: 0.94415
• Take Profit: 0.93220
• Validity: 72 hours
• Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

If we calculate yesterday’s Daily candle, it shows that the sellers were bit hesitant yesterday to go further down. However, we should not change our bias here but we keep our eyes on this pair only to go short. The reason is the trend is Bearish. Unless we get a Double Bottom or get a breakout at the Down trending Trend line, we should only look to go short on AUDCAD. Trend is the key here and we must always go with the trend.

 

The post AUDCAD Price Action Analysis – 31st August 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Neo Price Bleeds 40% to End August as Worst-Performing Big Crypto

NEO was the worst performing cryptocurrency over the course of August out of the world's 25 top cryptocurrencies by market valuation.

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CryptoCurrency News: Japanese Police to Fund Crypto Criminal Tracking Tool

Japan's top police agency is to fund development of new software aimed to help track individuals behind illicit crypto transactions.

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CryptoCurrency News: Bitcoin Lost 10% in August But May Have Made Long-Term Bottom

Bitcoin is reporting a monthly loss for August, but its quick recovery from lows below $6,000 likely indicates a long-term bottom has been made.

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CryptoCurrency News: Rakuten Is About to Buy a Bitcoin Exchange for $2.4 Million

Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange.

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CryptoCurrency News: Messaging Giant LINE Is Launching Its Own Cryptocurrency

Japanese messaging giant LINE has become one of the first public companies to have launched a proprietary blockchain network with its own token.

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CryptoCurrency News: Yahoo Finance Now Allows Trading of 4 Cryptos on Its iOS App

After having tracked crypto prices for years, Yahoo Finance now adds a new feature to let users trade 4 cryptos on its iOS app, including dogecoin.

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CryptoCurrency News: PwC Creates Digital Skills Program to Boost Internal Blockchain Expertise

Consultancy firm PwC is kicking off a new program aimed at improving the expertise of its employees on new technologies like blockchain.

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CryptoCurrency News: Apple Abruptly Orders Coinbase Wallet to Remove Crypto Collectible

Coinbase went out of its way to get a new crypto collectible loaded onto its dapp store, but Apple had other plans.

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CryptoCurrency News: Ripple Scores Small Win Against Investors Claiming XRP Is a Security

Ripple saw a victory Wednesday as a lawsuit against it received a "complex" designation, meaning it will be coordinated with another case.

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CryptoCurrency News: ICO Advisor Satis Claims $96K Bitcoin Price Possible in 5 Years

An ICO advisory firm believes bitcoin's price might jump to $96,000 in the next five years, according to a new analysis of the crypto market.

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CryptoCurrency News: VMWare Claims Greater Scalability With Open-Source Blockchain Project

VMWare has revealed "Project Concord" – an open-source blockchain effort that addresses scaling issues by altering a common consensus algorithm.

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CryptoCurrency News: India Eyes State Digital Currency to Cut $90 Million Banknote Bill

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

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CryptoCurrency News: Polychain Leads Ether Wallet MyCrypto's $4 Million Fundraise

Ethereum wallet service MyCrypto has raised $4 million in a Series A round led by Polychain Capital.

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CryptoCurrency News: 8 Blockchain Projects Enlist Early to Test Secret Enigma Contracts

Revealed exclusively to CoinDesk, Enigma's "secret contracts" privacy protocol has eight partners gearing up for its launch later this year.

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CryptoCurrency News: Bitmain's BTC.com Is Launching an Ethereum Mining Pool

BTC.com will now offer ethereum and ethereum classic mining pools, as well as a block explorer, the company announced Thursday.

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CryptoCurrency News: Bitcoin's Price Pullback Risks Bear Revival Below $6.9K

The bullish mood in the bitcoin market could turn sour if the cryptocurrency finds acceptance below the 100-day moving average.

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[FOREX TIP] NZDCAD Bullish Harmonic Bat Pattern – 30th August 2018

NZDCAD Bullish Harmonic Bat Pattern – 30th August 2018

We have a Completed Bullish Harmonic Bat Pattern in NZDCAD.
This is on a H4 time frame.
Enter into a buy position at D or the price of 0.85900 (or as close as possible to it).
We target to exit at 0.86600.
You can also have a second TP target at about 0.87200 (38.2%).

Good luck with the trade.

• Buy Price: 0.85900
• Stop Loss: 0.85600
• Take Profit Target: 0.86600

Want to learn how to trade Harmonic Patterns?
Download Our Free Harmonic Trading Strategy Here

 

The post NZDCAD Bullish Harmonic Bat Pattern – 30th August 2018 appeared first on Advanced Forex Strategies.

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[FOREX TIP] CADJPY Price Action Analysis – 30th August 2018

CADJPY has been having a strong Bullish trend on the H4 chart. The price has kept moving higher highs. Yesterday the pair produced a strong H4 Bullish candle. Today’s first two H4 candles came out as corrective candles. There is a strong Support level nearby. If that level is held and it produces an H4 Bullish H4 candle first and we get an H1 breakout later at yesterday’s higher high, then buying the pair would get us some green pips. Let us have a look at the H4 CADJPY chart.

CADJPY Price Action Analysis – 30th August 2018

The level of 86.200 has to play its part here. If the level is held by H4 candles and it ends up producing an H4 Bullish Engulfing Candle, then we have to wait for an upside H1 breakout at 86.540 to take a long entry. There is enough room for the price to travel towards the North. However, the price might start having some correction at the level of 87.100. Thus, that is where we are going to set our Take profit. Let us have a look at the summary of the trade…

• Buy Stop Order: 86.540
• Stop loss: 86.200
• Take Profit: 87.100
• Validity: 72 hours
• Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

None of the currency on CADJPY has any high impact news event today. Thus, the signal could come at any time after the H4 Bullish Engulfing Candle. However, most probably the signal would come after the New York open. Let us keep our eyes on the pair closely to get the H4 candle and the H1 breakout to take the entry.

 

The post CADJPY Price Action Analysis – 30th August 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Korea's Jeju Island Appeals to President in Push for ICO Hub Status

The governor of South Korea's Jeju island is maintaining his push to turn the autonomous region into a blockchain and initial coin offering free zone.

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CryptoCurrency News: Ethereum's Next Upgrade Could Be the $29 Billion Blockchain's Biggest Test Yet

Disagreement surrounding an upcoming upgrade, Constantinope, is putting ethereum to the test.

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CryptoCurrency News: Crypto Exchange Huobi Acquires Public Firm for $70 Million

Crypto exchange Huobi has become the largest shareholder of a public firm listed in Hong Kong, inching a step closer to a possible back-door listing.

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[FOREX TIP] NZDUSD Bullish Butterfly Harmonic Pattern – 30th August 2018

NZDUSD Bullish Butterfly Harmonic Pattern – 30th August 2018

We have a Completed Bearish Cypher Harmonic Pattern in NZDUSD.
This is on a H1 time frame.
Enter into a buy position at D or the price of 66.500 (or as close as possible to it).
We target to exit at 66.700.
You can also have a second TP target at about 66.800 (38.2%).

Good luck with the trade.

• Sell Price: 111.800
• Stop Loss: 112.100
• Take Profit Target: 111.500

Want to learn how to trade Harmonic Patterns?
Download Our Free Harmonic Trading Strategy Here

 

The post NZDUSD Bullish Butterfly Harmonic Pattern – 30th August 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Russian Agency to Track Crypto Wallets of Criminal Suspects

Rosfinmonitoring is seeking to expand its internal systems to account for cryptocurrencies.

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[FOREX TIP] USDJPY Bearish Cypher Harmonic Pattern – 29th August 2018

USDJPY Bearish Cypher Harmonic Pattern – 29th August 2018

We have a Completed Bearish Cypher Harmonic Pattern in USDJPY.
This is on a H4 time frame.
Enter into a buy position at D or the price of 111.800 (or as close as possible to it).
We target to exit at 111.500.
You can also have a second TP target at about 111.100 (38.2%).

Good luck with the trade.

• Sell Price: 111.800
• Stop Loss: 112.100
• Take Profit Target: 111.500

Want to learn how to trade Harmonic Patterns?
Download Our Free Harmonic Trading Strategy Here

 

The post USDJPY Bearish Cypher Harmonic Pattern – 29th August 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: OECD to Examine the Potential Impact of Blockchain Next Month

OECD plans to host an international conference on blockchain technology next month.

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CryptoCurrency News: California Legislature Finalizes Blockchain Working Group Bill

The California legislature has finalized a bill directing the state to examine blockchain technology and how to update existing law to account for it.

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CryptoCurrency News: Crypto Mining Attacks Soar in First Half of 2018

Trend Micro found that there were nearly 790,000 instances of cryptomining malware detected in the first half of 2018, according to a new report.

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CryptoCurrency News: Origin Is Rolling Out a Decentralized Messaging App Built on Ethereum

Origin Protocol, a blockchain project building a decentralized marketplace, has rolled out a P2P messaging app on its demo platform.

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CryptoCurrency News: Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise

Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.

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CryptoCurrency News: $102 Million: A16z, Polychain Back Blockchain Project Dfinity's Funding Round

A16z crypto and Polychain Capital lead a $102 million funding round for decentralized cloud foundation Dfinity.

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CryptoCurrency News: Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain

Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.

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CryptoCurrency News: Australia Poised to Create National Blockchain With IBM Tech

An Australian federal agency is developing a blockchain that will allow businesses to carry out transactions based on smart legal contracts.

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CryptoCurrency News: Chinese Tech Hub Follows Beijing With Ban on Crypto Promotion

A special economic zone in Guangzhou is following the lead of Beijing's financial district in banning activities that promote cryptocurrencies.

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CryptoCurrency News: Binance Backs $32 Million Funding for Unicorn Founder's Crypto Stablecoin

With an e-commerce company leading the launch of a new stablecoin, its founders and allies believe they can really bring crypto to consumers.

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CryptoCurrency News: Cautiously Bullish: Bitcoin Price Faces Key Hurdle Above $7.1K

Bitcoin may not cross the immediate resistance at $7,180 in the next 24 hours as the rally is looking overstretched on the short duration charts.

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CryptoCurrency News: Korean Crypto Exchange Bithumb to Restart User Registrations

South Korean cryptocurrency exchange Bithumb is reportedly renewing its contract with Nonghyup Bank after solving issues prompted by a June hack.

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CryptoCurrency News: Tron Now Owns a Stake In BitTorrent Founder's New Crypto Project

The peer-to-peer sharing company now owned by Tron's founder has a small stake in a soon-to-be-launched cryptocurrency protocol.

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[FOREX TIP] GBPNZD Bullish Shark Harmonic Pattern – 29th August 2018

GBPNZD Bullish Shark Harmonic Pattern – 29th August 2018

We have a Completed Bullish Shark Harmonic Pattern in GBPNZD.
This is on a H1 time frame.
Enter into a buy position at D or the price of 1.91600 (or as close as possible to it).
We target to exit at 1.92600.
You can also have a second TP target at about 1.93080 (38.2%).

Good luck with the trade.

• Buy Price: 1.91600
• Stop Loss: 1.91400
• Take Profit Target: 1.92600
  

Want to learn how to trade Harmonic Patterns?
Download Our Free Harmonic Trading Strategy Here

 

The post GBPNZD Bullish Shark Harmonic Pattern – 29th August 2018 appeared first on Advanced Forex Strategies.

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[FOREX TIP] GBPAUD Price Action Analysis – 29th August 2018

GBPAUD had a consolidation on the H4 chart. Today’s last two H4 candles were held by a Horizontal Support line. In fact, that level is a Double Bottom Support line. Moreover, there is an up trending Trend line Support level just where the pair produced an H4 Doji candle. The current H4 candle’s first H1 candle has been extremely bullish. This means that the pair might head towards the North by offering us a long entry later today. Let us have a look at the H4 GBPAUD chart.

GBPAUD Price Action Analysis – 29th August 2018

As we see that the level of 1.75035 is a dynamic Support level. Now to have a clear bullish trend, we have to wait for a breakout at the level of 1.75865. If this current H4 candle makes the breakout there, then an H1 bullish candle closing above that H4 candle’s close would be the signal candle to go long on the pair today. Let us have a look at the summary of the trade…

• Entry- H1 Bullish candle after an H4 breakout at 1.75865
• Stop loss- Below 1.75035
• Take profit- 1.77900

 

Many of us might not know what Dynamic Support is. When a price gets held by a Horizontal line as well as by an up trending Trend line that is called Dynamic Support. It is vice versa for Dynamic Resistance. Dynamic Support/Resistance is one of the most important factors in any financial market. Risk and reward ratio and Winning ratio both are excellent when an entry is taken from a Dynamic Support/Resistance level.

• Validity: 72 hours
• Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

At the moment, the H4 chart does not show a clear trend. It made a Bearish move, and then went for a retracement. If the price makes a breakout at the last lower low today, then we would get a clear Bearish trend on the H4 chart. This means this would be an opportunity to ride early on the trade. Experienced traders usually make most of it by taking out partial profit and they let rest of the trade run as long as they can. We might as well try and do that to maximize our profit. There is a saying “Cut our losses short and let your profit run.”

 

The post GBPAUD Price Action Analysis – 29th August 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Moscow's Government to Use Ethereum to Promote Transparency In Commerce

Moscow's government is planning to use ethereum as part of a system for allotting trading spots during weekend farmers markets.

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CryptoCurrency News: Hong Kong to Expedite Immigration for Blockchain Job Seekers

Hong Kong is seeking to attract talents with specialities in innovative technology such as blockchain via a special immigration policy.

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CryptoCurrency News: Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account.

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CryptoCurrency News: Filecoin Looks to Mid-2019 for Blockchain Storage Network Launch

Blockchain storage startup Filecoin announced it would launch its mainnet sometime near the middle of next year.

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CryptoCurrency News: AP Inks Deal With Blockchain Media Startup Civil

The Associated Press is partnering with blockchain journalism startup Civil to license articles for different newsrooms.

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CryptoCurrency News: US, Canadian Securities Regulators Are Involved in Over 200 Crypto Probes

NASAA announced Tuesday that regulators are running more than 200 active crypto-related investigations.

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