CryptoCurrency News: Regulators Are Slowly Starting to Get It: Utility Tokens Are Real

Regulators are doing their homework and recognizing there's at least potentially something different going on here from what they're used to seeing.

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CryptoCurrency News: Cryptocurrency Concept Is a 'Fallacy' Says Finnish Central Bank Advisor

A paper published by the Bank of Finland explains why cryptocurrencies will never become a form of money.

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CryptoCurrency News: LocalBitcoins Trader 'Bitcoin Maven' Sentenced to Year in Prison

A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison.

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CryptoCurrency News: Torrent Site Pirate Bay Spells Out Monero Mining Software Use

Torrent website The Pirate Bay is doubling down on its plan to use visitors' processing power to mine crypto.

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CryptoCurrency News: SEC Settles Trader Lawsuit Tied to Blockchain Firm Stock Sales

Two Nevada men have settled with the SEC over alleged illicit trading of a claimed blockchain company's stock.

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CryptoCurrency News: More Than Half of ICOs Fail Within 4 Months, Study Suggests

A new study suggests that, while many ICOs become inactive soon after launch, there are rewards for investors willing to take a risk.

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CryptoCurrency News: 100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free

CoinGate is making Lightning payments accessible for mainstream merchants and reaping research in return.

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CryptoCurrency News: PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official

Pan Gongsheng, a vice governor of the People's Bank of China, has once more issued strong statements on initial coin offerings.

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CryptoCurrency News: Bitcoin Bull Bias Fades as Price Drops Below $6.5K

A daily close (as per UTC) below 10-day moving average would abort bitcoin's short-term bullish view.

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CryptoCurrency News: Crypto Tycoon Resigns From Blockchain Fund After Alleged Defamation

Li Xiaolai, a Chinese crypto investor, has resigned from a $1 billion blockchain fund following an online spat that led to a defamation lawsuit.

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CryptoCurrency News: R3 Launches Corda Enterprise With First-Ever 'Blockchain Firewall'

Not a traditional firewall, the term denotes how Corda is able to limit communication between blockchain nodes operating in different environments.

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CryptoCurrency News: Augur Is Live: Decentralized Prediction Market Launches After 2-Year Beta

A platform for creating decentralized prediction markets, which held one of the first-ever ICOs, has gone live. Finally.

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[FOREX TIP] NZDUSD Price Action Analysis – 10th July 2018

NZDUSD has been Bullish on the H4 chart. The buying pressure is not that strong, but the price has kept making higher highs. Today’s first H4 candle was a Bullish candle. The next one came out as a Bearish candle. If the current candle ends up being a Bearish candle too and the next H4 candle comes out as a Bullish Engulfing Candle, then an H1 breakout at yesterday’s higher high would be the signal to take a long entry.

NZDUSD Price Action Analysis – 10th July 2018

The level of 0.68225 has the potential to be a level of Support here. If that level is held by the H4 candles and it produces that Bullish Engulfing candle, then we would have to wait for an H1 breakout at the level of 0.68545 to take the long entry. The price has to come at the level of 0.6825 though. I assume this would be the key level here since the price had reacted to this level earlier. Let us have a look at the summary of the trade…

• Entry- H1 breakout at 0.68545
• Stop loss- Below 0.68225
• Take profit- 0.69050
• 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

Today’s Support or Stop loss level is a significant level here. If we look at the chart, it is clear that this level has huge significance. The price would either be held and go upward from this level or it has to be broken clearly if it is to come down. One way or the other, this is the level that the traders have to keep their eyes on.

 

NZDUSD Price Action Analysis – 10th July 2018

The post NZDUSD Price Action Analysis – 10th July 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Benson Oak Raising $100 Million for Blockchain-Focused Fund

Prague-based Benson Oak announced it is raising $100 million to launch an investment fund with a focus on blockchain startups in Israel.

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