CryptoCurrency News: Australia Warns of Fake 'Tax Collectors' Demanding Bitcoin

The Australian Taxation Office issued a warning Monday alerting residents not to send cryptocurrencies to scammers claiming to be tax collectors.

via CoinDesk

CryptoCurrency News: UK Crypto Exchange to Launch Bitcoin Futures Contracts

Cryptocurrency exchange CoinfloorEX announced it would offer bitcoin futures contracts as of April 2018.

via CoinDesk

CryptoCurrency News: Crypto Is a 'Crock'? Twitter Reacts to House ICO Hearing

Despite the overall measured tone of Wednesday's House ICO hearing, a couple lawmakers' comments set Twitter aflame.

via CoinDesk

CryptoCurrency News: Brazilian Officials Caught Using Bitcoin in $22 Million Scam

Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.

via CoinDesk

CryptoCurrency News: Bitcoin Price Sheds $800 In Drop to 1-Month Low

Bitcoin hit a one-month low on Wednesday as its price slipped below $8,300 during afternoon trading.

via CoinDesk

CryptoCurrency News: Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing

Members of the House of Representatives held a hearing to determine what, if any, regulations are needed in the ICO space.

via CoinDesk

CryptoCurrency News: US Lawmaker Presses Treasury on Venezuela's Petro Sale

Florida senator Bill Nelson has denounced Venezuela's petro token and asked how the U.S. Treasury plans to enforce sanctions.

via CoinDesk

CryptoCurrency News: Florida State Employee Arrested for Allegedly Mining Crypto at Work

A state employee at Florida's Department of Citrus has been arrested for allegedly using official computers to mine bitcoin and litecoin.

via CoinDesk

CryptoCurrency News: Huawei Is Building Tech That Can Stress Test Blockchains

Chinese telecoms and electronics giant Huawei has been secretly working on a project designed to gauge the abilities of various blockchains.

via CoinDesk

CryptoCurrency News: Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies

The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

via CoinDesk

CryptoCurrency News: Playboy TV to Accept Crypto Payments for Adult Content

Playboy TV is launching a new payment option that will allow customers to access its exclusive content using cryptocurrencies.

via CoinDesk

CryptoCurrency News: Philippines Lawmaker Seeks Tougher Penalties for Crypto Crimes

A senator in the Philippines is hoping to usher in harsher penalties for crimes that involve cryptocurrencies.

via CoinDesk

CryptoCurrency News: Bitcoin Sinks Toward $8K and Faces Further Sell-Off

The bulls' failure to capitalize on bitcoin's recent price recovery has left the doors open for a sharp sell-off to February lows.

via CoinDesk

CryptoCurrency News: CryptoBunnies: China's Xiaomi Launches CryptoKitties Knock-Off

Xiaomi, one of China's biggest smartphone makers, quietly launched its own CryptoKitties knock-off this morning.

via CoinDesk

CryptoCurrency News: Ethereum Is Throwing Out the Crypto Governance Playbook

An ethereum event provided evidence that when it comes to a path forward on governance, the world's second-largest blockchain is going its own way.

via CoinDesk

CryptoCurrency News: Google to Ban ICO, Cryptocurrency Ads in June

Google has said it will change its financial product policy in June to effectively ban advertisements related to cryptocurrency and ICOs.

via CoinDesk

CryptoCurrency News: Circle Rolls Out Crypto Investment App in 46 US States

Circle made its Invest app widely available Tuesday. It offers commission-free trading of bitcoin, ethereum, and several other tokens.

via CoinDesk

CryptoCurrency News: Coinbase Receives E-Money License from UK Financial Regulator

Coinbase has announced it has been granted an e-money license from the U.K.'s Financial Conduct Authority.

via CoinDesk

[FOREX TIP] EURAUD Price Action Analysis – 14th Mar 2018

EURAUD has been going upwards on the H4 chart. The Daily chart shows that the pair had a strong Bearish move and the trend is still with Bear though. However, the price is at a massive level of Support on the H4 chart. If the level is held and pushes the price higher to make a breakout later today, then the pair might offer us a long entry later today. Let us have a look at the H4 EURAUD chart.

EURAUD Price Action Analysis – 14th Mar 2018

The level of 1.57370 might come into play and play an important role here. As the chart shows that the price had reacted on this level. Thus, if this level becomes the Support today and produces an H4 Bullish Engulfing Candle, then an H1 breakout at the level of 1.57870 would push the price towards the North up to the level of 1.58500.

• Buy Stop Order: 1.57870
• Stop Loss: 1.57370
• Take Profit Target: 1.58500
• 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

ECB president Draghi has a speech to give at GMT 09.00. This is a very high impact news event. On its day, this news event could make the EUR pairs be extremely volatile. We should be very careful dealing with this news event. It cannot be said that the EUR pairs will get to extreme volatility today or not, but they will have at least some volatility at the time of his speech. This means we might get some breakouts and some trading opportunities on the EURO pairs today. Among all the EUR pairs, EURAUD looks best to me. Let us wait and see how it ends.

The post EURAUD Price Action Analysis – 14th Mar 2018 appeared first on Advanced Forex Strategies.

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