CryptoCurrency News: Boost VC Just Fulfilled a Crypto Funding Pledge 4 Years in the Making

One of crypto's oldest pledges has finally been fulfilled.

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CryptoCurrency News: New Stablecoin Tied to Australian Dollar Is Launching on Stellar's Blockchain

A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use.

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CryptoCurrency News: Coinbase Approved to Offer Crypto Custody Services in New York

Coinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies.

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CryptoCurrency News: Bitfinex Is Publishing Data for a Tether Market That Doesn't Exist

Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?

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CryptoCurrency News: Global Charity Oxfam Will Use Ethereum to Deliver Microinsurance

Oxfam, the international aid group, has teamed up with blockchain startup Etherisc to bring affordable insurance to paddy rice farmers in Sri Lanka.

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CryptoCurrency News: Coinbase Adds Its First Stablecoin Tied to the US Dollar

Coinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet.

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CryptoCurrency News: New SEC Commissioner Briefed on Bitcoin ETF in October Meeting

Representatives from VanEck, SolidX and the Cboe have met with the SEC's newest Commissioner, Elad Roisman, to discuss a bitcoin ETF proposal.

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CryptoCurrency News: Japan's SBI Group Is Building a New Crypto Exchange Wallet

Financial services giant SBI Group has partnered with a blockchain security startup to develop a wallet for its crypto exchange VCTRADE.

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CryptoCurrency News: Australian Government Agency Says Blockchain 'Interesting' But Hyped

Australia's Digital Transformation Agency says blockchain is hyped by firms working with the tech and still has better alternatives.

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CryptoCurrency News: Yes, This Wu-Tang Clan-Themed Cryptocurrency Is Actually Happening

The cryptocurrency being launched by the estate of the late Wu-Tang Clan member Ol' Dirty Bastard (ODB) is soon to see a public pre-sale.

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CryptoCurrency News: Bitcoin Price Stuck at $6.4K But Eyes Gains Against Altcoins

Still trading in a narrow range against the dollar, bitcoin is looking strong against ether and could soon pick up the altcoin bid.

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CryptoCurrency News: Gavin Wood Announces 'Impending Release' of DIY Blockchain Tool

Parity Technologies founder Gavin Wood has announced that his company's new DIY blockchain tool, Substrate, is weeks from release

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CryptoCurrency News: Fidelity's Blockchain R&D Lead Just Went Full Crypto

Fidelity Investments' blockchain R&D lead is leaving to join blockchain startup Bloq as its first-ever chief operating officer.

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CryptoCurrency News: Elon Musk Teases Bitcoin Service in Cryptic Crypto Tweet

Elon Musk mentioned bitcoin in a mysterious tweet, and it's whipping up plenty of speculation across the crypto community.

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CryptoCurrency News: HTC Will Start Shipping the 'Exodus' Blockchain Phone in December

HTC has announced that its first blockchain phone, the Exodus, is available for pre-order – and must be purchased with crypto.

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[FOREX TIP] GBPNZD Price Action Analysis – 23rd Oct 2018

GBPNZD took a strong Bearish move on the H4 chart. Yesterday’s Daily candle came out as a Bearish candle as well. However, if we have a close look, then we see that the candle finished within the day before yesterday’s lower low. That is an indication that the price might have found a strong level of Support. The H4 chart suggests that the price might end up producing a Double Bottom. If that really happens, then the pair might offer us a long entry. Let us have a look at the H4 GBPNZD chart.

GBPNZD Price Action Analysis – 23rd Oct 2018

The level of 1.92240 area is the level of Support here. On the other hand, the level of 1.98500 is the level, which has to be broken to confirm that it actually is a Double Bottom. If we have an H4 breakout at the level of 1.98500, then the price would head towards the level of 2.02535. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.98500
• Stop loss: 1.92240
• Take Profit: 2.02535
• 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 Double Bottom looks good where the Support line and the Neckline are straight Horizontal lines. We often find a Double Top or a Double Bottom Support level or the Neckline level to be adjusted a little. Here it is a straight Horizontal line. The reason for this might be on its way there is a big round number to be breached. It is 2.00000. Thus, traders need to be very sure that they get a crystal clear Double Bottom here.

The post GBPNZD Price Action Analysis – 23rd Oct 2018 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

CryptoCurrency News: Payments Startup Square Is Open-Sourcing Its Bitcoin Cold Storage Solution

Mobile payments startup Square has open-sourced the code and tools for its "Subzero" bitcoin cold storage system.

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