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Tuesday, April 10, 2018
CryptoCurrency News: Crypto Exchange Bitfinex Denounces Fund Freeze Claims
Bitfinex is pushing back against reports that Polish authorities froze $400 million of its funds.
via CoinDesk
CryptoCurrency News: Bear Market 'Largely Over,' Crypto Hedge Fund Manager Claims
Cryptocurrency fund manager Timothy Enneking believes all factors impacting the market have been priced in, and it should soon rebound.
via CoinDesk
CryptoCurrency News: UK Cyber Security Division Issues Warning on PC 'Cryptojacking'
The UK National Cyber Security Centre highlighted the rising number of browser apps which force computers to mine cryptocurrencies in a new report.
via CoinDesk
CryptoCurrency News: Crypto Exchange Bittrex Is Taking New Customers Again
Cryptocurrency exchange Bittrex began accepting new users today after temporarily halting registrations last December.
via CoinDesk
CryptoCurrency News: Europol Nabs 11 in Crypto Drug Money Laundering Case
Europol has shut down an alleged drug trafficking operation that used cryptocurrencies to launder money from Spain to Colombia.
via CoinDesk
CryptoCurrency News: Blockchain Is 'Going Mainstream' Says European Commission Official
European Commission vice president Andrus Ansip stressed the need for governments and private firms to invest in blockchain technology.
via CoinDesk
CryptoCurrency News: Indian Government Think Tank Trials Blockchain to Combat Fake Meds
An Indian government think tank is working on a blockchain solution aimed to combat the country's roaring counterfeit drugs trade.
via CoinDesk
CryptoCurrency News: Below $400: 'Death Cross' Hits Ether But Damage May Be Done
Ether will likely shrug off today's lagging "death cross" indicator and could even rise toward $475.
via CoinDesk
CryptoCurrency News: 'Big Four' Firm Deloitte Appoints New Head of Blockchain Services
Deloitte has announced Linda Pawczuk as its new blockchain lead, following the departure of Eric Piscini from the role.
via CoinDesk
CryptoCurrency News: Crypto Portfolio Tracker Raises $1.5 Million in Funding
Cryptocurrency investment management startup CoinTracker has raised $1.5 million in seed funding from some heavyweight investors.
via CoinDesk
CryptoCurrency News: Golem Arrives: One of Ethereum's Most Ambitious Apps Is Finally Live
A long-awaited ICO project for allowing people to get paid for their extra CPU power launched on ethereum's mainnet today.
via CoinDesk
CryptoCurrency News: What You Don't Know About Crypto Taxes Can Hurt You
There has been no new cryptocurrency tax guidance from the IRS since 2014. Consequently, few investors fully understand how to treat 2017 gains.
via CoinDesk
[FOREX NEWS] After Nowotny sends EUR/USD highs, real resistance is around 1.2420
The Technical Confluences Indicator shows that the recent surge in the EUR/USD sent it piercing through a dense area of resistance levels. The $1.2325 to $1.2335 area it had struggled with is the confluence of the SM100-15m, the SMA10- one day, the 1h low, the SMA10-1h, the SMA200-4h, the Bolinger Band 1h-Middle (Stdv 2.2), the BB 1d-Middle, the SMA-t-1hv, [...]
The post After Nowotny sends EUR/USD highs, real resistance is around 1.2420 appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: China Needs Better Regulation for Blockchain Growth, Experts Say
Industry experts spoke of the need for regulations and standards to boost blockchain growth at a Chinese event on Tuesday.
via CoinDesk
CryptoCurrency News: Rangebound: Bitcoin Bulls Need Break Above $7.5K
Bitcoin lacks clear bias today, but a decisive session in either direction would likely define the trend going forward.
via CoinDesk
[FOREX NEWS] Xi and McCafferty send GBP/USD to charge the channel
The GBP/USD rises to new highs around $1.4170 and consolidates its gains. Speeches by Chinese President Xi and BOC member McCafferty boost the pair. The technical picture remains bullish, pointing to further potential gains. The GBP/USD is trading around $1.4170, up around 0.25% on the day. The first boost was a global one. Chinese President [...]
The post Xi and McCafferty send GBP/USD to charge the channel appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: China's State Electricity Firm Eyes Blockchain to Decentralize Data Sharing
China State Grid Corporation, the country's state-owned power utility, is looking to blockchain to advance its plans for an "Internet of Energy."
via CoinDesk
CryptoCurrency News: Bank-Backed Hyperledger Is Slowly Opening to ICOs
Amidst a broad uptick in interest in crypto tokens, a technology platform built by some of the world's biggest enterprises is adapting to the trend.
via CoinDesk
CryptoCurrency News: 3.5 Million Traders: Japan Releases Domestic Cryptocurrency Statistics
Japan's Financial Services Agency has published domestic cryptocurrency trading statistics for the first time.
via CoinDesk
[FOREX TIP] XAUUSD Price Action Analysis – 10th April 2018
XAUUSD produced another Bullish Daily candle yesterday. Today’s first H4 candles came out as Bearish candles. However, the price got held by a significant level of Support level. If the level produces an H4 Bullish Engulfing Candle, then an H1 breakout towards the upside would drive gold’s price to make new higher high today. Let us have a look at the H4 XAUUSD chart.
See first two H4 candles were Bearish. The level of 1330.55 might come into play and work as a level of Support here. If that happens and we get an H4 Bullish Engulfing candle right on the level, then we would have to wait for an H1 breakout at the level of 1337.55 to take a long entry. At first, an H4 Bullish Engulfing candle and then an H1 breakout would make the price reach the level of 1347.55 without having that many pauses. Let us have a look at the summary of the trade…
- Buy Stop Order: 1337.55
- Stop Loss: 1330.55
- Take Profit: 1347.55
- 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
Most of the pairs had a corrective day yesterday. It suggests that this week might be a slow week. Thus, the traders have to keep their patience and wait for the best opportunities to take their entries. The opportunities will come. In some weeks, the market offers us 6/7 entries whereas, in some weeks, it offers us only 2/3 entries. By looking at the start of this week, it seems we might have to be happy with 2/3 entries this week.
The post XAUUSD Price Action Analysis – 10th April 2018 appeared first on Advanced Forex Strategies.
from Advanced Forex Strategies
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