CryptoCurrency News: Ethereum Foundation Awards Nearly $3 Million in Startup Grants

The Ethereum Foundation has awarded 20 different startups and individuals a total of $2.86 million in its latest grant program round.

via CoinDesk

CryptoCurrency News: Paxos Claims $50 Million in Price-Stable Crypto Issued in First Weeks

Paxos claims it has so far issued a total of $50 million-worth of its Paxos Standard crypto stablecoin since its official launch last month.

via CoinDesk

CryptoCurrency News: Ethereum's Next Blockchain Upgrade Faces Delay After Testing Failure

Ethereum developers say Constantinople may be subject to delays following Saturday's test network release.

via CoinDesk

CryptoCurrency News: Crypto Exchange Coinbase Is Opening an Office in Dublin

Crypto exchange Coinbase is opening a Dublin office in response to customer growth seen in the EU last year.

via CoinDesk

CryptoCurrency News: Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree

Bitfinex says fiat and cryptocurrency withdrawals are working normally, but some users say they're seeing delays in getting their funds out.

via CoinDesk

CryptoCurrency News: Fidelity Reveals Cryptocurrency and Digital Asset Trading Platform

Fidelity Investments, one of the world's largest financial services providers, is launching a crypto trading and storage platform.

via CoinDesk

CryptoCurrency News: Sony Builds Digital Rights Management System on a Blockchain

Japanese electronics giant Sony has developed a blockchain-based digital rights management system that may see commercial rollout.

via CoinDesk

CryptoCurrency News: Binance Pauses Tether Withdrawals After Denying Delist Rumor

Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.

via CoinDesk

CryptoCurrency News: Crypto Exchange OKEx Lists 4 New Stablecoins

Hong Kong-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.

via CoinDesk

CryptoCurrency News: US City Mulls Roll Out of Tougher Rules for Crypto Miners

Plattsburgh, New York, is considering stricter requirement for commercial cryptocurrency mining farms operating in the city.

via CoinDesk

CryptoCurrency News: Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.

via CoinDesk

CryptoCurrency News: Bitcoin Price Spikes But Bull Reversal Is Still $1K Away

Bitcoin is solidly bid Monday amid a sell-off of the tether stablecoin, but the bulls still need a move above $7,400 to confirm bullish reversal.

via CoinDesk

CryptoCurrency News: PBoC's Digital Currency Chief Departs to Lead Securities Clearing House

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

via CoinDesk

CryptoCurrency News: Price of Tether Stablecoin Tanks to 18-Month Low

The price of the tether stablecoin (USDT) has fallen to an 18-month low, despite a general rise in the wider crypto markets.

via CoinDesk

CryptoCurrency News: Blockchain Refresh: Why KPMG's New Strategy Focuses on Customs

Big Four consultancy KPMG is expanding its blockchain activities beyond pure financial services work to explore a less-traveled path.

via CoinDesk

CryptoCurrency News: Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k

Bitcoin's price just jumped by 11 percent within two hours on Monday, pushing its prices above $6,900 for the first time in a month.

via CoinDesk

[FOREX TIP] EURUSD Price Action Analysis – 15th Oct 2018

EURUSD produced a Bearish Daily candle on the last Friday. The Daily candle came out as an Inside bar, but the H4 chart suggests that there is a strong possibility that the pair might head towards the South if it makes a breakout towards the downside. Let us have a look at the H4 EURUSD chart.

EURUSD Price Action Analysis – 15th Oct 2018

The level of 1.15655 is the level, which has the potential to be a strong level of Resistance. The price reacted on this level earlier. If the level is held by the H4 candles and it ends up producing a strong Bearish H4 candle, then a breakout at the level of 1.15400 would lead the price to go towards the level of 1.14550 without having that many pauses. Let us have a look at the summary of the trade…

• Sell Stop Order: 1.15400
• Stop loss: 1.15655
• Take profit: 1.14550
• 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

Most of the GBP and EURO pairs started with a gap today. The GBP pairs started with a bigger gap than the EURO pairs. For the price action traders, Gap is something that holds them back and makes them wait more to be confirmed about the Trend. Since there is a gap, a correction often ends up producing a new trend. Thus, we got to be careful when there is a gap. If you have a close look at the minor time frames, there is always some gap to start with on Monday. However, if it is evident on the charts like H1 or H4, you have to take extra care about it.

The post EURUSD Price Action Analysis – 15th Oct 2018 appeared first on Advanced Forex Strategies.

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