CryptoCurrency News: PayPal Might Withdraw From Libra Association: Report

PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.

via CoinDesk

CryptoCurrency News: Hackers Launch Widespread Botnet Attack on Crypto Wallets Using Cheap Russian Malware

With millions of dollars cryptocurrency stolen from crypto wallets every year, security researchers were found one active botnet being run for about $160.

via CoinDesk

CryptoCurrency News: Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.

via CoinDesk

CryptoCurrency News: Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

via CoinDesk

CryptoCurrency News: MakerDAO Bounty Program Catches ‘Critical’ Bug Before Launch

MakerDAO patched a "critical" bug in its upcoming Multi-Collateral Dai upgrade that could have put 10% of the system's total collateral at risk.

via CoinDesk

CryptoCurrency News: Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto

The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front.

via CoinDesk

CryptoCurrency News: Algorand Integrates Tech to Bring Users Detailed Analysis of Largest Blockchains

Algorand is gaining the ability to analyze the largest blockchains by adding the PARSIQ monitoring system to its platform.

via CoinDesk

CryptoCurrency News: Crypto Custodian Bitgo Launches Staking for Dash, Algorand

Custodian service BitGo announced BitGo Staking, beginning with cryptocurrencies dash and algorand.

via CoinDesk

CryptoCurrency News: Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts

The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.

via CoinDesk

CryptoCurrency News: Chainalysis Adds More ERC-20 Tokens to Crypto Sleuthing Service

Chainalysis’ expansion brings its compliance and tracking software – a favorite among federal investigators – to a larger swath of ERC-20 tokens.

via CoinDesk

CryptoCurrency News: American Banking Giants Sound Off Against Libra as Monetary Threat

Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

via CoinDesk

CryptoCurrency News: Asset Manager Stone Ridge Files SEC Prospectus for Bitcoin Futures Fund

The firm's SEC prospectus details a cash-settled bitcoin futures fund offering 100,000 shares at $10 apiece.

via CoinDesk

CryptoCurrency News: Gold, Not Bitcoin, Is Drawing Haven Demand on US Recession Fears

The increased likelihood of a U.S. recession has brought a boost to gold prices. For bitcoin, though, it's a different story.

via CoinDesk

CryptoCurrency News: IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money

IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.

via CoinDesk

CryptoCurrency News: Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist

St. Louis-based Mavixbtc allegedly promised 55-percent returns and falsely claimed to be registered with two watchdog organizations.

via CoinDesk

CryptoCurrency News: European Competition Watchdog Fears Libra’s ‘Closed Economy’

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

via CoinDesk

[FOREX TIP] Free Forex Trade Signals USDCAD – 3rd Oct 2019

USDCAD produced a bullish Marubozu candle yesterday. The H4 chart suggests that the pair have been having consolidation. A level where the price had rejection earlier having the potential to be a level of support is very nearby. If the price comes back to the level and produces an H4 bullish engulfing candle, then an H1 breakout at the highest high of the bullish wave would be the signal to go long on the pair. Let us have a look at the H4 USDCAD chart.

This trade idea was generated by our powerful Elite Swing Trader System.

Free Forex Trade Signals USDCAD – 3rd Oct 2019

The price went up to the level of 1.33330 and started having the pullback. The price may come up to the level of 1.33065. The level where the price had reacted heavily earlier before it made the breakout. If the level ends up producing an H4 bullish engulfing candle, then buying the pair upon an H1 breakout at the level of 1.33330 shall get us some green pips. Let us have a look at the summary of the trade…

• Entry: H1 breakout at 1.33330
• Stop Loss: Below the level of 1.33065 (Today’s lowest low)
• Take Profit: 1.33950

The daily chart shows that the price is near a strong level of resistance. Thus, to make an upside move, the price may need a long consolidation and strong breakout. Most probably, the signal may come after the New York open today. USDCAD usually makes its move at the end of the week. Thus, if the support level is held, the trade setup will remain valid tomorrow as well.

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The post Free Forex Trade Signals USDCAD – 3rd Oct 2019 appeared first on Advanced Forex Strategies.

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