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Friday, February 16, 2018

CryptoCurrency News: FCC: Bitcoin Miner Interfered With T-Mobile Network



The Federal Communications Commission says a crypto mining rig has caused interference with T-Mobile's LTE network in Brooklyn, New York.

via CoinDesk

CryptoCurrency News: Crypto Regulation? Not Anytime Soon, Says White House Official



The White House cybersecurity coordinator said crypto regulation is still far from becoming a reality.

via CoinDesk

Ellen DeGeneres: Bitcoin is 'Either Worth $20K or Nothing'

Bitcoin had a decidedly mainstream moment this week: during a segment on the talk show hosted by comedian Ellen DeGeneres.

DeGeneres took a few pot-shots at the cryptocurrency, joking to her audience that it's like "a plot twist in a confusing movie."

"Everybody is talking about bitcoin," she went on to say. "Nobody understands it."



She told her audience and viewers - which averages several million viewers per episode - to think of cryptocurrencies as a picture of a goat on the internet.

"Now it's adorable...and you want to pick it up and pet it. But you can't because it's not there, it doesn't exist except for on that internet right there, just like bitcoin is digital currency," she said.


DeGeneres added that she'd opt for the goat over bitcoin if given the choice, and said of investors:

"You'll either be a millionaire or you'll be totally broke."


The comedian also poked fun at digital wallets, zeroing in on their vulnerabilities, while noting that they sounded like a Jimmy Kimmel stunt.

"The digital wallet can either be apps on your phone, or tiny hard drives - which is a really good idea because who wouldn't feel safe with their life savings on a piece of plastic that could go into the washing machine," she quipped.

And while the bitcoin bit may be brushed off by some as a cheap gag, DeGeneres' segment is perhaps reflective of how bitcoin and other cryptocurrencies have taken on greater prevalence in the mainstream consciousness.

Other celebrities have helped to spur this along in recent years, with some making the news for their investments in bitcoin - like rapper 50 Cent - and others who have endorsed ICOs or decided to accept bitcoin as payment for their products and performances.


via CoinDesk

CryptoCurrency News: Prosecutors Accuse Chicago Trader of $2 Million Crypto Theft



A Chicago trader has been charged with fraud for allegedly misappropriating $2 million in cryptocurrencies from his employer.

via CoinDesk

CryptoCurrency News: Swiss Finance Regulator to Treat Some ICO Tokens As Securities



Switzerland's financial regulator has released new guidelines indicating it will treat some initial coin offerings (ICOs) as securities.

via CoinDesk

CryptoCurrency News: $10K Again for Bitcoin, But Other Cryptos Outperform



Another week, another spin of the markets. This time, litecoin came out on top with the world's fifth most valuable crypto posting big gains.

via CoinDesk

CryptoCurrency News: SEC Suspends 3 Companies Claiming Crypto Connection



The SEC has temporarily halted trading of three companies after comments they made about cryptocurrency and blockchain-related business moves.

via CoinDesk

CryptoCurrency News: Silent No More: Ethereum Users Spurn Recovery Code



Community members have taken to Github to express their discontent over a controversial proposal for lost fund recovery.

via CoinDesk

CryptoCurrency News: Bitcoin Cash Hits $1.5K Amid Short-Term Bull Reversal



Bitcoin cash has rallied sharply from recent lows, but still remains trapped inside a bearish pattern, price charts indicate.

via CoinDesk

CryptoCurrency News: Japan's Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges



The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.

via CoinDesk

CryptoCurrency News: Pullback on the Cards? Bitcoin Finds Weak Hands Above $10K



Having found weak hands above the $10,200 mark in Asian hours, bitcoin has slipped back into four figures.

via CoinDesk

CryptoCurrency News: Vitalik Buterin Hopes New Ethereum Fund Will Deliver on Hype



A group of notable ethereum startups are partnering to create a new financial fund designed to boost the blockchain's ecosystem.

via CoinDesk

[FOREX TIP] USDCHF Price Action Analysis – 16th Feb 2018

USDCHF has been on a strong Bearish trend. The price has kept making lower lows. The first H4 candle today was a Bearish Doji candle and the immediate next one was a strong Bearish candle. That also made a breakout at yesterday’s lower low. Thus, if the pair produces an H1 Bearish Engulfing Candle at the breakout level today, then selling the pair would get us some green pips. Let us have a look at the H4 USDCHF chart.

USDCHF Price Action Analysis – 16th Feb 2018

Have a look at the H4 Bearish ride. The price made a breakout at the last lower low on the chart. Moreover, it made a breakout at 0.92100 today. If the price goes back to the breakout level and produces an H1 Bearish Engulfing Candle, then the price would come down to the level of 0.91620 without having that many pauses. Let us have a look at the summary of the trade…

  • Sell Limit Order: 0.92100
  • Stop Loss:  0.92250
  • Take Profit: 0.91620
  • 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

Since it is the last day of this trading week, so we have to make sure that the H1 Bearish candle comes out as a solid Engulfing candle without having a long wick. If the candle comes out as an inside bar, then I would recommend that we should not take the entry. We have fewer hours to let the trade run today, so it has to be fast paced to reach our target. Only an Engulfing reversal candle usually pushes the price faster.

The post USDCHF Price Action Analysis – 16th Feb 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

[FOREX NEWS] USD/JPY: To 100 or back to 110? Two opinions


USD/JPY fell to a 15-month low and is already trading at the 105 handle. The yen did not suffer from the expected reappointment of Haruhiko Kuroda to lead the BOJ. What’s next? Here are two opinions: Here is their view, courtesy of eFXnews: USD/JPY: Still A Sell On Rallies Targeting 2016 Lows Around 100 – [...]

The post USD/JPY: To 100 or back to 110? Two opinions appeared first on Forex Crunch.



via Forex Crunch

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