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Friday, March 9, 2018

CryptoCurrency News: Fake 'Telegram ICO' Websites Just Won't Go Away



CoinDesk has identified several websites claiming to sell Telegram's gram token, but the sale is known to be a private placement effort.

via CoinDesk

CryptoCurrency News: Dutch Finance Minister Calls for ICO Regulations



The finance minister of the Netherlands has called for new regulations around cryptocurrencies and initial coin offerings.

via CoinDesk

CryptoCurrency News: Vitalik Reveals New Idea for Plasma Scaling On Ethereum



Vitalik Buterin discussed a new idea Friday for a scaling solution that envisions how the capabilities of the ethereum blockchain might be expanded.

via CoinDesk

CryptoCurrency News: PBoC Chief Won't Rule Out Distributed Ledger for New State Currency



PBoC chairman Zhou Xiaochuan said the central bank will one day have a digital currency, though several requirements must be met first.

via CoinDesk

CryptoCurrency News: Tennessee Is Closer to Barring Retirement Funds from Crypto Investments



The Tennessee Senate Ways and Means Committee has voted to advance a bill banning public retirement trusts from investing in cryptocurrencies.

via CoinDesk

CryptoCurrency News: Congress Must 'Push Back' Against Overregulation of Blockchain, Says US Rep



"Keeping the dogs at bay" is Rep. Tom Emmer's goal. The Congressional Blockchain Caucus member worries overzealous regulation could stifle innovation.

via CoinDesk

CryptoCurrency News: Marc Andreessen, Craft Ventures Back Crypto Hedge Fund Multicoin



Crypto investment fund Multicoin Capital has announced that investors including Marc Andreessen are taking part in its $250 million flagship fund.

via CoinDesk

CryptoCurrency News: Bitcoin Drops 20% But Wasn't Week's Big Crypto Price Loser



How bad were the crypto markets this week? Bitcoin lost nearly one-quarter of its value and it still wasn't the week's big loser.

via CoinDesk

[FOREX NEWS] Non-Farm Payrolls Live Coverage – Wages, wages, wages


The US Non-Farm Payrolls report for February will focus on wages once again. The big question is: Have wages truly accelerated for good? Or was January’s blockbuster report just a one-off? The data matters for the Fed decision. While a rate hike is almost certain, an upgrade of the dot-plot from three to four hikes [...]

The post Non-Farm Payrolls Live Coverage – Wages, wages, wages appeared first on Forex Crunch.



via Forex Crunch

CryptoCurrency News: OKCoin CEO Hints at China Cooperation In Leaked Chat



Star Xu, the founder of Chinese crypto exchange OKCoin, is sparking controversy with remarks his firm may be open to working with the government.

via CoinDesk

CryptoCurrency News: Cash for HODL? NY Wealth Manager to Issue Loans Against Bitcoin



New York family office Dominion Capital is launching a product for a new breed of consumer that's "crypto rich" but low on cash.

via CoinDesk

CryptoCurrency News: Bitcoin Mining Giant Bitmain Sets Up Secret US Subsidiary



New reports indicate that crypto mining firm Bitmain is quietly preparing to open new facilities in Washington state.

via CoinDesk

CryptoCurrency News: Cannabis Publication to Launch on Civil's Decentralized News Platform



Cannabis Wire, a trade publication dedicated marijuana industry coverage, is launching a newsroom on blockchain-based journalism platform Civil.

via CoinDesk

CryptoCurrency News: Bears in Control, But Bitcoin Eyes $8K Defense



Bitcoin's 28 percent drop this week has turned the tide in favor of the bears, but a sustained break below $8,000 looks unlikely in the short-run.

via CoinDesk

CryptoCurrency News: Progress On Ethereum Privacy Projects Is Slowing



The promise of private ethereum smart contracts remains undiminished, though a conference this week showcased that challenges that persisting today.

via CoinDesk

[FOREX TIP] GBPJPY Price Action Analysis – 9th Mar 2018

GBPJPY has been Bearish on the Daily chart. The price has been within a range on the H4 or H1 chart though. However, today’s price action and the Daily chart suggest that the pair might take a Bearish move later today. Let us have a look at the H4 GBPJPY chart.

GBPJPY Price Action Analysis – 9th Mar 2018

The level of 147.510 has been a strong level of Resistance here. The level produced an H4 Bearish Inside bar as well today. If it produces an H4 Bearish Engulfing candle and makes an H1 breakout at the level of 146.585, then selling the pair would get us some green pips with a good risk and reward ratio. Let us have a look at the summary of the trade…

  • Sell Stop Order: 146.585
  • Stop Loss: 147.510
  • Take Profit: 145.000
  • 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

Both of the currencies of this pair have high impact news events today. The pair will be very volatile before or at the time of those news events. The schedule says that those news events will get over by GMT 15.00. This means we must wait to get the signal until the volatility comes to an end. At GMT 15.00 an H4 candle gets finished as well. We wait to see the H4 candle and then decide whether we would take the entry or not. By any chance, if the breakout happens before GMT 15.00, we might as well avoid taking the entry. There is no point to be swept away by news spikes.

The post GBPJPY Price Action Analysis – 9th Mar 2018 appeared first on Advanced Forex Strategies.



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