CryptoCurrency News: SEC Halts Mayweather-Backed ICO Over Alleged Fraud

The U.S. Securities and Exchange Commission has halted the Floyd Mayweather-supported Centra Tech initial coin offering.

via CoinDesk

CryptoCurrency News: Amber Baldet Leaving JPMorgan Blockchain Team to Start New Venture

Amber Baldet, who led development of JPMorgan's permissioned blockchain platform Quorum, is leaving to start her own project.

via CoinDesk

CryptoCurrency News: Google Bans Crypto Mining Browser Extensions from Chrome

Google said Monday it is banning cryptocurrency mining extensions from the Chrome Web Store after a flood of submissions that violated its policies.

via CoinDesk

CryptoCurrency News: Report: Russia's Gazprombank to Test Cryptocurrency Service

Russia's state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary.

via CoinDesk

CryptoCurrency News: Bitpay Raises $40 Million in Series B Round

Bitpay has raised $40 million in a traditional funding round led by Aquiline Technology Growth.

via CoinDesk

CryptoCurrency News: South Korea's Capital Is Planning to Launch Its Own Cryptocurrency

The South Korean city of Seoul is developing the 'S-Coin,' a cryptocurrency that could be used in social benefits programs.

via CoinDesk

CryptoCurrency News: Vitalik: Ether Cap Is a 'Joke' Worth Taking Seriously

Ethereum creator Vitalik Buterin said he wrote a proposal to cap ether at 120 million tokens as an "April Fool's meta-joke" to stimulate debate.

via CoinDesk

CryptoCurrency News: China's Sinochem Completes Gasoline Export Over Blockchain System

Chinese petrochemical giant Sinochem has successfully used blockchain technology to conduct a gasoline shipment to Singapore.

via CoinDesk

CryptoCurrency News: How Bad Was Q1's Crypto Market? Just Two Top-Tier Tokens Saw Green

The crypto markets had a rough ride in the first quarter of 2018, with just two tokens bucking the downtrend.

via CoinDesk

CryptoCurrency News: BankChain Project Launches Blockchain Exchange for Stressed Assets

The India-based consortium has launched a blockchain-based exchange for trading non-performing assets.

via CoinDesk

CryptoCurrency News: Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin

The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island's existing anti-money laundering regulations.

via CoinDesk

CryptoCurrency News: Above $7K: Bitcoin Eyes Gains After Death Cross Fails

Despite having witnessed a so-called "death cross" over the weekend, bitcoin is now eyeing gains above the $7,000 mark.

via CoinDesk

CryptoCurrency News: Bitcoin Is Close to Cutting Fees with Better Coin Selection

Years of work has culminated in Bitcoin Core software getting a "coin selection" upgrade that will lower transaction fees and scale the blockchain.

via CoinDesk

CryptoCurrency News: Korean Police Bust Bitcoin Miners Illegally Using Cheap Factory Power

Companies using cheap electricity to mine cryptocurrencies at industrial complexes in South Korea have reportedly been arrested by police.

via CoinDesk

[FOREX TIP] AUDNZD Price Action Analysis – 2nd April 2018

AUDNZD has been in a range on the H4 chart. The first H4 candle today came out as a Bullish candle, but the next one came out as a strong Bearish candle. The current candle has been trying to make a breakout towards the downside. If the breakout happens and we get an H1 Bearish Engulfing candle at the time of retracement, then selling the pair would get us some green pips. Let us have a look at the H4-AUDNZD chart.

AUDNZD Price Action Analysis – 2nd April 2018

Have a look at today’s first H4 candle. That candle has been engulfed by the next H4 candle. The level of 1.06100 is the key level here. If the current candle finishes below this line, then we have to wait for the next H4 candle to make the correction. Once the correction is done, we then wait for an H1 Bearish Engulfing candle to be produced right at that level to take the short entry. Let us have a look at the summary of the trade…

• Entry- H1 Bearish Engulfing Candle at 1.06100
• Stop loss- Above 1.06310
• Take profit- 1.05500
• 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

The last month was good for the Forex traders. We saw many breakouts on big time frames. I assume April is going to be good for the Forex traders as well. Thus, traders fasten your seat belt and concentrate on your trading charts. Trade accordingly and make green pips before the market goes quiet during the summer holiday. Work hard in these two months, it will surely payback.

AUDNZD Price Action Analysis – 2nd April 2018

 

The post AUDNZD Price Action Analysis – 2nd April 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Thailand Inches Closer to Cryptocurrency Taxation

Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax.

via CoinDesk