CryptoCurrency News: Crypto-Mining Attacks Fell Sharply in 2019 but Ransomware Is Trending: Kaspersky

In the cat-and-mouse game between hackers and users, less-lucrative crypto-mining malware fell out of favor this year.

via CoinDesk

CryptoCurrency News: Circle Pivots to Stablecoin Platform as More Execs, Teams Depart

Circle will focus on its stablecoin business next year, following the sale of its OTC desk to Kraken and the departure of its chief financial and legal officers.

via CoinDesk

CryptoCurrency News: Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

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CryptoCurrency News: As We Hunger for Viability, Let’s Stay True to Our Values

Sometimes we are so in fear of external attack that we risk morphing into something technically the same but fundamentally different.

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CryptoCurrency News: Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office

Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office.

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CryptoCurrency News: The Productization of Bitcoin Maximalism

NLW discusses the rise in bitcoin only businesses and “blockchain not crypto” in China vs. “digital assets not blockchain” in US financial firms.

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CryptoCurrency News: ErisX Takes on Bakkt With Launch of Physically-Settled US Bitcoin Futures

ErisX plans to work with futures commission merchants and brokerages starting next year, allowing investors hoping to trade its physically-settled bitcoin futures an alternative to Bakkt

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CryptoCurrency News: Block.One’s Venture Arm to Dole Out $50K Grants to Promising EOS Projects

EOS VC is looking for "world-conquerors and local heroes" for its new grants program.

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CryptoCurrency News: ‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB Report

Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.

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CryptoCurrency News: MARKETS DAILY: Another Chainalysis Bombshell, Plus a Long Squeeze?

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CryptoCurrency News: Fidelity to Expand Institutional Crypto Business to Europe

Fidelity Investment, one of the world's largest asset managers, is setting up a new entity to serve European institutional investors in digital assets.

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CryptoCurrency News: Jake Chervinsky: I’m Surprised There Haven’t Been More Enforcement Actions This Year

Chervinsky, counsel at Compound, discusses crypto's regulatory issues and growing pains.

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CryptoCurrency News: UN to Use Blockchain to Tackle Exploitation of Migrant Workers in Hong Kong

The new initiative will help ensure migrant workers aren’t charged unethical fees.

via CoinDesk

CryptoCurrency News: UK’s Oldest Crypto Exchange to Delist Ethereum and Focus Solely on Bitcoin

Coinfloor, the U.K.’s longest-running cryptocurrency exchange, plans to delist ethereum and bitcoin cash next month to focus solely on bitcoin.

via CoinDesk

CryptoCurrency News: What Bitcoin Means for Athletes Like Me

To Russell Okung, the Los Angeles Chargers' left tackle, bitcoin means economic sovereignty and self-empowerment.

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CryptoCurrency News: State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial

Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new trial that examines reporting scenarios for digital assets.

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CryptoCurrency News: Bitcoin Price Hits 3-Week Low Even as Investor Bets on a Bull Move Surge

Bitcoin has dropped to three-week lows and risks a deeper slide, but longs are being placed in record numbers on Bitfinex.

via CoinDesk

CryptoCurrency News: We Made No Progress, Other Than All the Progress We Made

Billions have gone into making the distribution of financial products easier. Nothing real has changed in the making of financial instruments, until now, says ConsenSys' Lex Sokolin.

via CoinDesk

CryptoCurrency News: Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

Shanghai will open a blockchain incubation center by the end of December with substantial investment, even as China’s government continues to crack down on crypto-related businesses.

via CoinDesk

[FOREX TIP] AUD/CAD Daily Price Forecast – 17th Dec 2019

AUDCAD has been bearish on the daily chart. The chart produced two consecutive bearish candles. The H4 chart shows that the price after being very bearish had an upward correction. The price found its resistance and produced a bearish reversal candle. If the price keeps going towards the South and makes a breakout at the lowest low of the bearish wave, it may head towards the South further with good bearish momentum. Let us have a look at the H4-AUDCAD chart…

This trade idea was generated by our powerful Elite Swing Trader System on a H4 time frame.

AUD/CAD Daily Price Forecast – 17th Dec 2019

The chart shows that the price had bounced at the level of 0.90250 and had a correction. The level of 0.90580 has been the level of resistance, which produced a bearish engulfing candle. The price has been driving towards the downside towards the level of support. An H1 breakout may attract the sellers to go short and make a new lower low. Let us have a look at the summary of the trade…

• Sell Stop order: 0.90194
• Stop Loss: Above 0.90424
• Take Profit: 0.89844

The year ending factor may have started already. The market seems to get sluggish. Thus, traders may close their entry once their first target achieved. In a sluggish market like this, the price usually retraces longer once it hits a significant level of support/resistance. One more point to be noted is the market may produce much fewer signals than usually, it does. Traders must not lose their patience but be careful and observant. December is a month, where traders are to watch more and do less.

 

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The post AUD/CAD Daily Price Forecast – 17th Dec 2019 appeared first on Advanced Forex Strategies.

from Advanced Forex Strategies

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