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Thursday, December 5, 2019
CryptoCurrency News: Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.
via CoinDesk
CryptoCurrency News: Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing.
via CoinDesk
CryptoCurrency News: Ethereum’s Top DEX Is Relaunching to Tap Istanbul’s Lower Gas Fees
IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum's Istanbul hard fork.
via CoinDesk
CryptoCurrency News: MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race
On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.
via CoinDesk
CryptoCurrency News: Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
Crypto lending firm Unchained Capital has hired Will Cole of the Wyoming Blockchain Task Force as its new chief product officer.
via CoinDesk
CryptoCurrency News: Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
via CoinDesk
CryptoCurrency News: Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.
via CoinDesk
CryptoCurrency News: Matter Labs Unveils Layer-2 Scaling Solution for Ethereum Payments
Matter Labs released Thursday the testnet of ZK-Sync, a privacy-minded scaling tool meant to help blockchains boost transaction speeds.
via CoinDesk
CryptoCurrency News: Microsoft Teams up With Enjin to Offer Crypto Collectible Rewards
Do good work, earn a "badger." That's the idea behind a new incentives scheme launched by Microsoft in partnership with blockchain gaming project Enjin.
via CoinDesk
CryptoCurrency News: Ex-Morgan Stanley Executives Launch Crypto Derivatives Platform in Singapore
A team of Morgan Stanley veterans have launched a crypto derivatives trading platform, claiming it is faster and more secure than some of the market’s biggest players.
via CoinDesk
CryptoCurrency News: Bitcoin’s Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk
Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook.
via CoinDesk
CryptoCurrency News: Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million), CBC News reported Wednesday. Having run centers in Labrador […]
via CoinDesk
CryptoCurrency News: ChromaWay Doubles Down on Gaming With Antler Interactive Acquistion
ChromaWay will add Antler's game catalog to its own Chromia blockchain with the acquisition.
via CoinDesk
CryptoCurrency News: Top US Financial Regulators Urge Monitoring of Digital Assets, Stablecoins
A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin.
via CoinDesk
[FOREX TIP] Free Forex Trade Signals EURCAD – 5th Dec 2019
EURCAD had an intense bearish day yesterday. After producing an Inside Bar at a Double Top resistance, the pair headed towards the South with extreme selling pressure. As expected, the H4 chart looks very bearish and good for the sellers. The price has had its support and been on consolidation. A significant level of resistance is nearby. If the level holds the price and produces an H4 bearish reversal candle, selling the pair may get the sellers some green pips with an excellent risk-reward. Let us have a look at the H4 EURCAD chart.
This trade idea was generated by our powerful Elite Swing Trader System.
The H4 chart shows that a massive H4 bearish candle brought the price at the level of 1.46055. The last H4 candle was bearish but it closed within the support as well. The price may consolidate more and find its next resistance at the level of 1.46320. If that level holds the price and produces an H4 bearish engulfing candle, an H1 breakout at the level of 1.46055 may drive the price towards the level of 1.45545. Let us have a look at the summary of the trade…
- Sell Stop order: 1.46036
- Stop Loss: Above 1.46277
- Take Profit: 1.45662
The first week of the last month of the year has been action-packed. Usually, the Forex market gets sluggish in December. The CAD, the GBP, the JPY along with the USD, all these major currencies have made some significant moves. It is most likely that we may find a different December this year.
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The post Free Forex Trade Signals EURCAD – 5th Dec 2019 appeared first on Advanced Forex Strategies.
from Advanced Forex Strategies
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