CryptoCurrency News: Trading Legend Don Wilson: Asian Demand High for Bitcoin Futures

Don Wilson, founder of DRW, the Chicago-based high-speed trading firm, discusses his history with cryoto assets and the trends he's seeing in Asia.

via CoinDesk

CryptoCurrency News: UK Lawmakers Call For Greater Oversight of Crypto Industry

Citing market volatility and consumer risk, the U.K. Treasury Committee called for increased regulation of the cryptocurrency space in a new report.

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CryptoCurrency News: Singapore Central Banker: No Crypto Tokens We've Seen Are Securities

Damien Pang, head of the Technology Infrastructure Office at Singapore's central bank talks about the authority's insight on DTL and digital tokens.

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CryptoCurrency News: New York AG Report Faults Crypto Exchanges for Manipulation Risks

The NY Attorney General's Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.

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CryptoCurrency News: Coinbase Hires LinkedIn Executive as New Data Chief

Coinbase has brought LinkedIn head of analytics and data science, Michael Li, on as its new vice president of data.

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CryptoCurrency News: High Times Quietly Removes Crypto Payment Option From IPO Website

High Times has removed bitcoin as a payment option for its IPO, just days after admitting it was accepting the cryptocurrency.

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CryptoCurrency News: XRP Price Bucks Bearish Market Mood to Hit 13-Day High

XRP is reporting double-digit gains today, despite a generally bearish trend across the wider crypto markets.

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CryptoCurrency News: Gemalto Taps R3 Tech for Blockchain Identity Pilot

Digital security firm Gemalto is teaming up blockchain startup R3 to pilot a new platform aimed to bring digital identities closer to the mainstream.

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CryptoCurrency News: This DEX Is Enabling Merchant Payments in Any Ethereum Token

Kyber Network is adapting the liquidity tool it uses within its decentralized exchange to allow businesses to accept payments in any ethereum token.

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CryptoCurrency News: Novel Botnet Hunts Down and Destroys Crypto Mining Malware

A newly discovered botnet is seeking out and removing crypto-mining malware, but why it has been created is still unknown.

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CryptoCurrency News: Bitcoin Price Outlook Worsens After Drop to Five-Day Lows

Bitcoin's drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000.

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CryptoCurrency News: $1 Billion Blockchain Fund Founders Plan Japanese Yen Stablecoin

Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen-pegged stablecoin.

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CryptoCurrency News: Digital Assets Don't Change Reporting Needs, SEC's Top Accountant Says

The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.

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[FOREX TIP] EURCAD Price Action Analysis – 18th Sept 2018

EURCAD has been bullish on the H4 chart. The pair made a breakout at a down trending Trend line on the H4 chart too. Today’s first H4 candle came out as a Doji candle and the next one came out as a Bullish candle. The current candle has been Bearish so far. If this candle makes a full wave correction and later we get an H4 breakout at today’s higher high, then buying the pair would get us some green pips. Let us have a look at the H4 EURCAD chart.

EURCAD Price Action Analysis – 18th Sept 2018

The level of 1.52235 is the level of Support here. On the other hand, the level of 1.52590 is the level, which has to be broken. If we get an H4 breakout at that level, then the price would head towards the level of 1.53230. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.52590
• Stop Loss: 1.52235
• Take Profit: 1.53230
• 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 EURO has a high impact news event at GMT 08.15. ECB president Mario Draghi has a speech to give. Usually EURO pairs get very volatile during his speech. With our today’s trade setup, we might get the breakout at the time of the volatility. Let us hope that the price does not go too far. If it does, then the risk and reward ratio would not be that lucrative. If the price stays within our reach, then it would be an excellent entry. Let us now patiently wait and see how it ends.

 

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