CryptoCurrency News: Energy Giant Engie, Maltem Back New 'Blockchain Studio' With $2.3M

French energy firm Engie announced Friday that it will help commercial customers build blockchain platforms with its new "Blockchain Studio" spinoff.

via CoinDesk

CryptoCurrency News: Bets Against Ether's Price Hit All-Time High

The number of short orders placed on ETH/USD have reached a new high and is a clear reflection of bearish sentiment surrounding the cryptocurrency.

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CryptoCurrency News: Ripple's General Counsel Exits Startup, Spokesperson Says

Ripple general counsel Brynly Llyr, who joined the firm in 2016 as its top legal officer, has left the firm, a spokesperson told CoinDesk.

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CryptoCurrency News: Quione Looks to Boost Crypto Liquidity With New Trading Platform

Crypto exchange startup Quione has launched a trading platform called Liquid that it says will bring much needed liquidity to the crypto markets.

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CryptoCurrency News: EOS Block Producers Move to Cut Costs for Users

Creating a new account on EOS is now easier after 15 block producers approved a protocol change making it cheaper and providing free RAM.

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[FOREX TIP] EURNZD Price Action Analysis – 7th Sept 2018

EURNZD is one of the pairs within very few, which has been having a strong uptrend on the Daily chart. The pair has been very Bullish on the Daily chart for the last twelve weeks. As things stand with the pair, it seems that it is getting ready to make another breakout and to head towards the North. Let us have a look at the D1 EURNZD chart.

EURNZD Price Action Analysis – 7th Sept 2018

After making a higher high, the pair had two consecutive Bearish days. However, the level of 1.75920 has been held. It seems that the level is going to play an important factor in either way. If it is to go upward, this level has to be the Support. On the other hand, if it is to go down, this level would be the Resistance. We are eyeing to get a Bullish Engulfing Daily candle by making it the Support. If that happens, then the price would go towards the level of 1.79450. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.77275
• Stop Loss:  1.75920
• Take Profit: 1.79450
• 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

Since this trade setup is based on the Daily chart, both Stop loss and Take profit have a long way to go for the price to reach. We have to be extremely patient with our entry and we must not hurry closing it after making some profit. We have to learn the art to let the profit trade run as long as it is possible.

 

The post EURNZD Price Action Analysis – 7th Sept 2018 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Opera Wallet Users Can Now Send CryptoKitties and Other Collectibles

Opera now allows users to send crypto collectibles, such as CryptoKitties, directly from its beta-stage in-browser crypto wallet.

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CryptoCurrency News: Are Big Crypto Token Sales Really Over? At Republic Event, Many Think So

At an event in New York on Thursday, crypto enthusiasts broadly agreed that the ICO, as it was during the hype cycle of 2017, is no more.

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CryptoCurrency News: $6K Ahead? Bitcoin Price Plunges After Brief Recovery

Bitcoin's short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.

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CryptoCurrency News: Payments Startup Wyre Acquires Bitcoin Smart Contract Developer

E-payment startup Wyre has acquired bitcoin smart contract developer Hedgy to broaden the scope of its offerings.

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CryptoCurrency News: Australian Watchdog to Apply Market Rules to Crypto Exchanges

Australia's securities regulator has said it plans to apply financial market rules to crypto exchanges and closely scrutinize ICOs.

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CryptoCurrency News: China's Supreme Court Recognizes Blockchain Evidence as Legally Binding

Blockchain can now be legally used to authenticate evidence in legal disputes in China, according to a ruling from the country's Supreme Court.

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