CryptoCurrency News: South Korea's Largest Venture Firm Backs First Blockchain Startup

Korea Investment Partners, the largest venture capital firm in South Korea, just invested in its first blockchain startup.

via CoinDesk

CryptoCurrency News: France Accuses Intelligence Agent of Selling State Secrets for Bitcoin

A French intelligence agent was arrested for allegedly selling state secrets for bitcoin.

via CoinDesk

CryptoCurrency News: IOTA Ends September With Steepest Decline Among Top Crypto Assets

IOTA tanked in September after an attempt by the bulls to stem the bleeding seen toward the end of August's monthly highs failed.

via CoinDesk

CryptoCurrency News: ShapeShift Calls Claims of Laundering at Exchange 'Inaccurate and Deceptive'

ShapeShift CEO Erik Voorhees condemned a Wall Street Journal investigation claiming the exchange laundered money as being "inaccurate."

via CoinDesk

CryptoCurrency News: Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.

via CoinDesk

CryptoCurrency News: Bill Clinton: Over-Regulation Could Kill Blockchain's 'Golden Goose'

Former U.S. President Bill Clinton highlighted the need to avoid too much regulation of new technologies like blockchain on Monday.

via CoinDesk

CryptoCurrency News: Bitcoin Price Ends September At Lowest Volatility in 15 Months

Bitcoin (BTC) traded in a $1,329 range in September, recording its least volatile month since July of 2017.

via CoinDesk

CryptoCurrency News: Two of Blockchain's Biggest Consortiums Just Joined Forces

The Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate on bringing common standards to the blockchain space.

via CoinDesk

CryptoCurrency News: Kill Switch Engage: Sia Cryptocurrency to Block Bitmain and Other Big Miners

After months of debate, Siacoin's founder is announcing a fork. That's good news for his other project, which will have the coin's only working ASICs.

via CoinDesk

CryptoCurrency News: Ethereum Startup Parity Adds Casper Code to Custom Blockchain Toolbox

Parity Technologies has added an early version of ethereum's hotly anticipated Casper code change to its blockchain development platform, Substrate.

via CoinDesk

CryptoCurrency News: ConsenSys Invests $6.5 Million in Former R3 Exec's Blockchain Startup

ConsenSys invested $6.5 million into DrumG, the blockchain startup founded by former R3 official Tim Grant.

via CoinDesk

CryptoCurrency News: Most ICOs Didn't Take Funding Hit Despite Ether Price Decline: Research

Despite the big drops in ether prices since late last year, ICO projects haven't lost money on average, according to new research from BitMEX.

via CoinDesk

CryptoCurrency News: Malta's Prime Minister Hails Crypto as 'Future of Money' in UN Speech

Malta's prime minister, Joseph Muscat, has told the U.N. that cryptocurrencies are "the inevitable future of money."

via CoinDesk

CryptoCurrency News: Sign Emerges That Falling Bitcoin Price Just Might Have a Floor

A long-term indicator looks to have been shoring up bitcoin's price over the last four months.

via CoinDesk

CryptoCurrency News: Opera Browser Operator to Explore New Applications of Blockchain

Opera, which built a crypto wallet into its browser, is partnering with blockchain advisory firm Ledger Capital to further explore blockchain tech.

via CoinDesk

CryptoCurrency News: A Bitcoin Mining Moratorium Was Just Avoided in Montana

Officials in Missoula County, Montana, will investigate regulations around bitcoin mining despite local demands for a moratorium.

via CoinDesk

CryptoCurrency News: Up 80%: XRP's September Wasn't Just Bullish, It Was Record-Setting

XRP broke records in September and was the best performer out of the world's 25 largest cryptocurrencies.

via CoinDesk

[FOREX TIP] EURUSD Price Action Analysis – 1st Oct 2018

EURUSD took a massive Bearish move on the H4 chart. The level that came out as the Support level on the last Friday it seems that it might become the Support level of a Double Bottom. If it ends up producing a Double Bottom, then buying the pair would get us some green pips later today. Let us have a look at the H4 EURUSD chart.

EURUSD Price Action Analysis – 1st Oct 2018

The level of 1.15845 might produce a Double Bottom. The level of 1.16180 is the Neckline of that Double top. If we get an H4 Bullish reversal candle on the marked Support level and get an H1 breakout at the level of 1.16180 later, then the price would head towards the level of 1.16710. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.16180
• Stop loss: 1.15845
• Take Profit: 1.16180
• 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

Considering Monday, the GBP and the EURO both look very active today. The GBP has high impact news at GMT 09.30 today. I assume the news event would create some volatility on the GBP pairs. Thus, to be safe we should not take any entry on the GBP pair before that news event. On the other hand, the USD has a high impact news event at GMT 15.00. I do not think it would create extreme volatility and if we get the signal (today’s trading recommendation), the signal would come well ahead than the news event hour. Let us wait and see how it ends.

 

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