CryptoCurrency News: Enough with the ICO-Me-So-Horny-Get-Rich-Quick-Lambo 'Crypto'

What are cypherpunk legend Timothy May's thoughts on the bitcoin white paper? Keep the text but throw out the hanger-ons that have came with it.

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CryptoCurrency News: Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.

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CryptoCurrency News: Binance CFO Says Crypto Exchange Looking to Add New Stablecoins

Binance sees stablecoins like tether, and potentially the Gemini Dollar, as "critical for our ecosystem," the exchange's chief financial officer says.

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CryptoCurrency News: Ripple's Head of Information Security Leaves for Token Startup

Sujay Jaladi will leave Ripple to join another blockchain startup, Harbor.

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CryptoCurrency News: The SEC Is Setting Up a New Office to Talk to ICO Startups

The SEC's new FinHub is being launched with the aim of facilitating interactions with fintech startups, including ICO issuers.

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CryptoCurrency News: Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool

U.S.-based cryptocurrency exchange Coinbase is making a recently developed security scaling tool available to the public.

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CryptoCurrency News: Mt Gox's Bitcoin Creditors Have 4 Days to Submit Rehabilitation Claims

Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22.

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CryptoCurrency News: Gates Foundation Partners With Former Ripple CTO's Blockchain Project

The Bill and Melinda Gates Foundation has partnered with Coil, a startup founded by Ripple's former CTO, to provide payment services for the unbanked.

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CryptoCurrency News: Security firm G4S Has Launched a Crypto Custody Service

U.K.-based security services company G4S now offers a crypto custody service aimed to protect investors' digital assets from hacks and theft.

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CryptoCurrency News: Bitcoin Price Eyes Triangle Breakout Above $6.4K

Bitcoin is again restricted in a narrowing price range, but technical studies indicate scope for a bullish breakout.

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CryptoCurrency News: Asian Development Bank Paper Touts Blockchain in Government Procurement

A consultation paper for the Asian Development Bank proposes a blockchain network to boost efficiency in government procurement systems worldwide.

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[FOREX TIP] GBPAUD Price Action Analysis – 18th Oct 2018

GBPAUD has been Bearish on the H4 chart. Yesterday the pair took a strong Bearish move to start the day. However, the price had a strong bounce at a level, which is a very strong level of Support. The price has been right there to make its next move. There is a strong possibility that if we get a breakout at that level, then the price would head towards the South with very strong momentum. Let us have a look at the H1 GBPAUD chart.

GBPAUD Price Action Analysis – 18th Oct 2018

The level of 1.83460 is the level where the price had a bounce yesterday. The price then went towards the North and came back to the downside with a good momentum. If it goes further down by making a breakout at the level of 1.83460, then we would wait for the price to come back to the breakout level and to produce an H1 Bearish Engulfing Candle to offer us the short entry. Let us have a look at the summary of the trade…

• Sell Stop Order: 1.83460
• Stop loss: 1.84440
• Take profit: 1.82440
• 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 GBP has a high impact news event at GMT 09.30 today. By looking at the chart, it seems that the signal would come after the news event. Let us hope that the news event does not end up producing a long spike on the H1 chart, but produces a good-looking candle. Meanwhile, be patient and keep your eyes on the pair during the news event.

The post GBPAUD Price Action Analysis – 18th Oct 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Japanese Government Working to Simplify Cryptocurrency Tax Filings

Japan's Tax Commission is planning to introduce a new system to make it easier for crypto traders and investors to calculate their profits.

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CryptoCurrency News: How a Bitcoin Exchange Is Surviving a Central Bank Crackdown in India

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.

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