CryptoCurrency News: BitGo Adds 57 Ethereum Tokens In Largest-Ever Custody Service Expansion

Bitcoin veterans are jumping into the token economy with new licenses and custody options.

via CoinDesk

CryptoCurrency News: $7K Back in Play? Price Indicators Shift In Bitcoin Rally's Favor

It's been a standoff between the bitcoin bulls and bears over the past few days, but the bulls might getting ready to take charge.

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CryptoCurrency News: Token Platform Bancor Goes Offline Following 'Security Breach'

Bancor is said to have suffered "a security breach" this morning.

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CryptoCurrency News: $42 Million In Crypto Is Now Being Airdropped to NEO Investors

The second half of the Neo Council's airdrop of ONT tokens is finishing up. Now NEP-5 ONT holders need to migrate to Ontology's mainnet.

via CoinDesk

CryptoCurrency News: YouTube Accused of Negligence in BitConnect Fraud Lawsuit

The drama around the shutdown of the controversial BitConnect's lending and exchange platform continues.

via CoinDesk

CryptoCurrency News: Binance Taps UNIDO Goodwill Ambassador to Lead Charity Effort

Binance announced today that it has appointed Helen Hai as the new head of its charity foundation.

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CryptoCurrency News: UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

The U.K.'s financial regulator is allowing startups focused on blockchain and crypto assets into its regulatory sandbox for the first time.

via CoinDesk

CryptoCurrency News: Metals Exchange Forms Blockchain Group to Modernize Minerals Industry

A Switzerland-based trading platform for metal concentrates is forming a blockchain consortium to streamline mineral industry supply chains.

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CryptoCurrency News: Block.One Is Taking a Bigger Role With EOS (And That's a Big Deal)

When the company that created EOS starts voting for validators, there will be little chance of winning a spot without earning its support.

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CryptoCurrency News: World's Largest Bank Eyes Faster Asset Exchange With Blockchain

ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.

via CoinDesk

CryptoCurrency News: Bitcoin Price Constrained Below Key Resistance at $6,800

BTC is showing signs of exhaustion near a key resistance zone, still, the short-term outlook remains bullish.

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CryptoCurrency News: A16z Leads $45 Million Raise for Blockchain Startup Oasis Labs

Cloud computing startup Oasis Labs has raised $45 million in a private token pre-sale to develop its blockchain platform.

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CryptoCurrency News: 1 Million Computers Hacked to Mine $2 Million-Worth of Cryptos

Hackers reportedly reaped more than $2 million in different cryptocurrencies after spreading malware across computers in China.

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CryptoCurrency News: FINRA Wants to Know All About Member Firms' Crypto Activities

The U.S. financial self-regulatory body is asking member firms to submit every detail of their existing or future activities in cryptocurrency.

via CoinDesk

[FOREX TIP] AUDUSD Price Action Analysis – 9th July 2018

AUDUSD has been Bullish on the H4 chart. The price has been obeying an up trending Trendline and keeps making higher highs. Today’s first two H4 candles came out as Bullish candles. Moreover, one of them made an upside breakout. If the breakout level is held by the current H4 candle and it produces an H1 Bullish Engulfing Candle, then buying the pair would get us some green pips. Let us have a look at the H4 AUDUSD chart.

AUDUSD Price Action Analysis – 9th July 2018

The level of 0.74440 has been broken by the last H4 candle. It is time for the price to make some correction. If the current H4 candle comes out as an Inside bar and the price comes back to the breakout level, then an H1 Bullish Engulfing Candle would be the signal to take the long entry here. Let us have a look at the summary of the trade…

• Buy Limit Order: 0.74440
• Stop loss: 0.74280
• Take Profit: 0.74750
• 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

If we look at the price movement on this chart, we see that the first Bullish wave was strong towards the upside. Then, the price has been going to towards the upside, but the movement has been slow. It is called Bullish Divergence. The trend is still Bullish as long as that up trending Trend line is maintained. However, this is a sign that the trend might end up soon.

AUDUSD Price Action Analysis – 9th July 2018

 

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

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CryptoCurrency News: Crypto Bounty Hunting Is Offering A Way Out of Poverty

Completing small tasks by "bounty hunting" for cryptocurrency is becoming a lucrative career for users in less advantaged regions of the world.

via CoinDesk