CryptoCurrency News: California Bill Would Legally Recognize Blockchain Data

A new bill introduced to the California Assembly seeks the legal recognition of blockchain data and smart contracts.

via CoinDesk

CryptoCurrency News: Actor Steven Seagal Endorses Questionable 'Bitcoiin' ICO

Action film star Steven Seagal has become the brand ambassador for a controversial cryptocurrency ahead of an initial coin offering (ICO).

via CoinDesk

CryptoCurrency News: Who Said What About Coinbase and Visa's User Payment Dispute

A Visa spokesperson claimed that neither it nor Coinbase were responsible for last week's charging issue seen by the crypto-exchange's customers.

via CoinDesk

CryptoCurrency News: Israel Confirms It Will Tax Bitcoin as Property

Israel has confirmed that it will treat cryptocurrencies as taxable assets in a new circular published on Monday.

via CoinDesk

CryptoCurrency News: Long Blockchain Is At Risk for Exchange Removal Again

Long Blockchain announced it would appeal a notice by Nasdaq informing it that its stock was at risk of being delisted.

via CoinDesk

CryptoCurrency News: Banks Buy Stakes in Blockchain Startup SETL

Citi joined Credit Agricole, Computershare, S2iEM and Deloitte as shareholders in the blockchain-based payment and settlements startup SETL.

via CoinDesk

CryptoCurrency News: Lithuania's Central Bank Probes 100 Million Euro ICO

Lithuania's central bank has said it is probing Bankera's initial coin offering after determining that the token offered counts as a security.

via CoinDesk

CryptoCurrency News: $850 Million Raised in ICO So Far, Says Telegram

Messaging app provider Telegram has raised an initial $850 million in its controversial initial coin offering (ICO), according to a public document.

via CoinDesk

CryptoCurrency News: Record Retest? ETC Looks Poised on Double-Digit Climb

A prominent alternative to the ethereum blockchain is showing signs of building a higher base amid a period of strong market activity.

via CoinDesk

CryptoCurrency News: Coinbase. Ripple. Uphold? Greg Kidd Defends His Boldest Bet

Exuberant investor Gregg Kidd outlines his plans for Uphold, a profitable crypto startup that's largely flown under the radar until now.

via CoinDesk

CryptoCurrency News: Australian Watchdog Received 1,200 Crypto Scam Complaints in 2017

The Australian Competition & Consumer Commission reportedly received over 1,200 complaints about cryptocurrency scams last year.

via CoinDesk

CryptoCurrency News: Bottom Confirmed? Bitcoin at 20-day High Near $11K

Bitcoin seems to have found a bottom below $6,000, although a long-term bull revival is still not certain, according to the price charts.

via CoinDesk

CryptoCurrency News: Bancor Bounce Back? A Once-Doubted ICO Is Winning Adoption

Despite early skepticism on its tech amid a record-setting ICO, millions of dollars is now being traded each week by blockchain project Bancor.

via CoinDesk

[FOREX TIP] USDCAD Price Action Analysis – 19th Feb 2018

USDCAD has been in a range. The first H4 candle was a Bearish and the next one was Bullish inside bar. However, we have not had any significant breakout yet. Thus, we have to wait for a breakout. There is a possibility that the price might produce a Double Top and make a breakout towards the upside. If that happens, then we might get an opportunity to buy the pair and grab some green pips. Let us have a look at the H1 USDCAD chart.

USDCAD Price Action Analysis – 19th Feb 2018

Have a look at the H1 chart here. The pair made some huge Bearish move and then it started going up. After finding a resistance at the level of 1.25640 it had a little pull back. The level of 1.25260 has come into play and made the price have a rejection already. It does not seem that the price would make a breakout on this ride. It would be a fragile breakout anyway. If the price comes back to the support level, and produces a Double Top and then makes a breakout at 1.25640, then buying the pair would get us some green pips with an excellent risk and reward ratio. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.25640
• Stop Loss: 1.25260
• Take Profit: 1.26265
• 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

Although it is Monday, the market has been very active today. Some other pairs have been having a good amount of liquidity. Let us keep our close eyes on the market today. It would be a good day as far as taking entries are concerned.

The post USDCAD Price Action Analysis – 19th Feb 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

[FOREX NEWS] Has Bitcoin Finally Come into Equilibrium?

Having fallen from a high of almost 20,000 USD per Bitcoin, Bitcoin’s value has fallen to almost half that value already in the first quarter of 2018. Trading volumes of Bitcoin against fiat currencies USD and JPY continue to set new records. At the end of January, 2018, the USD value of BTC/USD was 1.1 [...]

The post Has Bitcoin Finally Come into Equilibrium? appeared first on Forex Crunch.

via Forex Crunch