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Monday, January 22, 2018

CryptoCurrency News: How To Save on Bitcoin's Soaring Fees



Transaction fees are the talk of the bitcoin ecosystem, with many users upset by the rising cost to send funds, but there are simple ways to cut fees.

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CryptoCurrency News: US Senators Blast Venezuela's Oil-Backed Cryptocurrency Plan



U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.

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CryptoCurrency News: Bitcoin Slides More Than 10 Percent to Near $10,000 Level



The price of bitcoin is down more than 10% today, according to CoinDesk's Bitcoin Price Index (BPI).

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CryptoCurrency News: SEC 'Looking Closely' at Public Company Blockchain Pivots, Says Chairman



The SEC is investigating companies that have made recent waves in markets with their public pivots toward blockchain.

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CryptoCurrency News: Coinbase Taps Twitter Vet to Bolster Customer Support Team



Coinbase has added Twitter's former vice president of operations and user services to its team in an effort to improve its customer service.

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CryptoCurrency News: Commodity Merchant Louis Dreyfus Trials Blockchain for Soybean Trade



Louis Dreyfus, a major commodities trading company, has announced that it has piloted a blockchain-based transaction system developed by a group of financial institutions including ING.

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CryptoCurrency News: China Moves to Crack Down on Digital Currency Pyramid Schemes



China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.

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[FOREX NEWS] US dollar jumps on hopes for an end to the shutdown


According to a report, there is a deal to end the government shutdown. Democrats in the Senate are warming up to a deal that would allow a vote on a bill that resolves the issue of Dreamer immigrants. The US dollar is climbing across the board, with USD/JPY topping 111. The pair was capped under [...]

The post US dollar jumps on hopes for an end to the shutdown appeared first on Forex Crunch.



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CryptoCurrency News: Canadian Research Body Pilots Ethereum in Transparency Push



The National Research Council of Canada is trialing the ethereum blockchain for recording government contracts.

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CryptoCurrency News: Huobi Is Launching a Token, But It's 'Not an ICO'



China-based crypto exchange Huobi has announced that it will issue its own token based on the ethereum ERC-20 standard.

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CryptoCurrency News: What a Facebook Blockchain Token Might Look Like



If Facebook CEO Mark Zuckerberg really wants to experiment with decentralized systems, a publicly issued crypto-token would be hell of a way to do it.

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CryptoCurrency News: Bitcoin Defends $11,000 Mark and Eyes Move Higher



Bitcoin is stuck in a narrow range currently, but a breakout may lie ahead, the price charts indicate.

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[FOREX TIP] GBPCAD Price Action Analysis – 22nd Jan 2018

GBPCAD has been on a strong Buy trend on the H4 chart. The price has kept making higher highs. However, the pair seems to find a strong level of Resistance last week. Today the pair produced two consecutive H4 Bearish candles. The current H4 candle seems to be a Bullish candle though. If this H4 candle or even the next one makes an upside breakout, then the pair might offer us a long entry. Let us have a look at the H4 GBPCAD chart.

 

GBPCAD Price Action Analysis – 22nd Jan 2018

Have a look at the level of 1.73400 from where the pair produced two Bearish H4 candles. The level of 1.72960 seems to be the level of Support here. If this level continues to be the Support and makes a breakout at 1.73400, then we should wait for an H1 Bullish Engulfing Candle to take a long entry. Let us have a look at the summary of the trade…

  • Buy Stop Order: 1.73400
  • Stop Loss: 1.72960
  • Take Profit: 1.74500
  • 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

Usually Forex market on Monday is slow. Today the market has been slow as well. We have not had any real breakout yet. By looking at the chart, the H4 GBPCAD chart seems to be promising to offer us an entry. Among other pairs, USDCHF, GBPUSD, and EURJPY seem to be good to make the breakout as well. Keep your eyes on them too. If we get breakout on these pairs, then we might get the opportunity to take entries on those pairs.

The post GBPCAD Price Action Analysis – 22nd Jan 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Korean Cryptocurrency Exchange Korbit Halting Deposits from Foreigners



South Korea's Korbit exchange has informed users that non-citizens will soon not be able to deposit funds for trading.

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CryptoCurrency News: IMF Calls for International Cooperation on Cryptocurrencies



The IMF has voiced concerns over the risks involved with cryptocurrencies and has called for global talks and cooperation.

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CryptoCurrency News: Opera Browser Adds Cryptocurrency Miner Protection for Smartphones



The Opera web browser is now protecting smartphones from cryptocurrency miners embedded in websites, the company says.

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CryptoCurrency News: Don't HODL, BUIDL: How Blockchain Tech Will Add Value in 2018



The question is what can we solve, enhance, or deliver that will make individuals or organizations produce more, be more efficient or enjoy life more?

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