CryptoCurrency News: Dragonfly Capital Managing Partner Alexander Pack Steps Down

Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.

via CoinDesk

CryptoCurrency News: Kyber Network Activity Surges as DEX Plans Switch to Staking Model in Q2

A planned upgrade that would allow token holders to earn staking income is bringing out users in droves to Kyber Network, a decentralized exchange.

via CoinDesk

CryptoCurrency News: Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services

DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits.

via CoinDesk

CryptoCurrency News: COVID-19 and the Mass Surveillance Machine, Feat. Maya Zehavi

An exploration of how the COVID-19 crisis is shifting power dynamics between governments, people, and business.

via CoinDesk

CryptoCurrency News: Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October

CFTC Commissioner Brian Quintenz, who sponsored the Technology Advisory Committee and advocated for self regulation in the crypto industry, will leave his post by late October.

via CoinDesk

CryptoCurrency News: With Kik and Telegram Cases, the SEC Tries to Kill the SAFT

The SEC is gunning for startups funded through Simple Agreement for Future Tokens (SAFT), a legal maneuver that was supposed to keep them safe from the law.

via CoinDesk

CryptoCurrency News: Blockchain Bites: WEF, IBM and a Chinese City Show Support for Blockchain

IBM and the WEF both have plans for solving disruption to supply chains disrupted by the coronavirus crisis.

via CoinDesk

CryptoCurrency News: New York Regulator Hires Former IRS Silk Road Investigator as General Counsel

The New York Department of Financial Services has appointed former IRS Criminal Investigations head Richard Weber as its new general counsel.

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CryptoCurrency News: Blockstack Pledges to Enforce Patents for ‘Defensive Purposes’ Only

Blockstack, the startup building a decentralized backbone for Web 3.0, is open-sourcing its two patents – kinda.

via CoinDesk

CryptoCurrency News: OpenLaw Launches First ‘Legal DAO’ for Distributed VC Investments

OpenLaw’s LAO, or “Limited Liability Autonomous Organization,” opened Tuesday for investors looking to compliantly earn returns on the next wave of Ethereum-based projects.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for April 28, 2020

Bitcoin could hit $8K soon while Indonesia has created a thornless durian. It's CoinDesk's Markets Daily Podcast.

via CoinDesk

CryptoCurrency News: Bitcoin’s Halving Is Irrelevant for Some Large Traders

Bitcoin’s third halving is less than two weeks away. Some traders are less than bullish ahead of the event.

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CryptoCurrency News: SEC Opposes Blockchain Association’s Brief Supporting Kik, Says Group Isn’t ‘Neutral’

The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.

via CoinDesk

CryptoCurrency News: Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association

Checkout.com, a digital payment processor which focuses on cross-border transactions, has become the 24th member of the Libra Association.

via CoinDesk

CryptoCurrency News: CipherTrace’s New Crypto Tracing Tool Is Meant for Banks

CipherTrace is rolling out a toolkit to help banks flag accounts and crypto-related transactions that may be suspicious.

via CoinDesk

CryptoCurrency News: First Mover: Two Weeks From Halving, Bitcoin Rally Brings $10K Into View

With the Bitcoin blockchain's once-every-four-years rewards halving now just two weeks away, some analysts are starting to fix their sights on the next upside target: $10,000.

via CoinDesk

CryptoCurrency News: Bitcoin Rally Pauses Near $7.8K After Longest Winning Run in 8 Months

Bitcoin's bulls are taking a breather in the approach to $7,800, having engineered the longest daily winning run in eight months.

via CoinDesk

CryptoCurrency News: World Economic Forum Shares Roadmap for Deploying Blockchains in Real World

As COVID-19 disrupts global supply chains, the WEF has published a roadmap for businesses to deploy blockchains as a solution.

via CoinDesk

CryptoCurrency News: DeFi Project dForce Refunds All Affected Users After $25M Hack

The Lendf.me smart contract was hacked on April 29, but then, curiously, the funds were returned two days later.

via CoinDesk

CryptoCurrency News: Why a Startup You’ve Never Heard of Is Now Sponsoring a Bitcoin Core Developer

CardCoins becomes one of the elite few to sponsor a Bitcoin Core developer – in this instance, Hennadii Stepanov, aka Hebasto.

via CoinDesk

[FOREX TIP] AUD/USD Daily Price Forecast – 28th April 2020

AUDUSD has been bullish for the last four trading days on the daily chart. The daily chart produced a double bottom. Yesterday’s daily candle came out as a bullish candle, which has set a strong bullish tone on the H4 chart. The H4 chart shows that the price produced two bearish candles consecutively. The last candle came out as a strong bearish candle closing within a flipped level of support. If the level produces a bullish reversal candle, the buyers may get an opportunity to go long in the pair.

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

AUD/USD Daily Price Forecast – 28th April 2020

The chart shows that the price after being bullish had a rejection at 0.64725. Upon producing a Doji candle, the chart produced a bearish Marubozu candle closing within the level of 0.64425. As of writing, the price has been bullish in the current H4 candle. If the candle ends up being a bullish reversal candle, the buyers may go long in the pair above the level of 0.64725.

Trade Summary:

• Buy Stop: 0.64743
• Stop Loss: 0.64071
• Take Profit: 0.65550

The daily chart shows that the price has enough space to travel towards the North. Thus, the buyers may consider taking a partial profit at the take profit level in this trade setup and let the rest of the trade run. The price may find its resistance around 0.66900. If the bullish reversal candle comes out as a bullish engulfing candle, the price may reach the daily resistance in a hurry. Let us wait and see how it ends.

We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society…

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The post AUD/USD Daily Price Forecast – 28th April 2020 appeared first on Advanced Forex Strategies.

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CryptoCurrency News: Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

via CoinDesk