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Friday, July 31, 2020

CryptoCurrency News: Bitcoin Ends July at Highest Monthly Close Since 2017 Peak



Bitcoin closed July at $11,351, according to Messari.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4B



The crypto market continues its bullish run and investors are plowing crypto into DeFi.

via CoinDesk

CryptoCurrency News: Bitcoin’s Option Market Is Now Skewed Bullish



Bitcoin’s price jumped to fresh 11-month highs on Friday with the options market betting on a sustained bull move.

via CoinDesk

CryptoCurrency News: Suspected Twitter Hacker Arrested in Florida



A Florida teenager suspected of spearheading the massive Twitter hack and subsequent high-profile bitcoin scam is in custody.

via CoinDesk

CryptoCurrency News: What a Professional Trader Thinks of the Fed, Robinhood and Real Estate, Feat. Tony Greer



The editor of the Morning Navigator newsletter discusses a variety of macro topics and how to trade against a very strange market.

via CoinDesk

CryptoCurrency News: Money Reimagined: Let’s Be Privacy Scolds



Technical solutions to protect financial privacy may not suffice. Stronger cultural norms around minding one’s own business are needed as well.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations



Coinbase is considering adding 19 new assets, the SEC tapped CipherTrace for its Binance-specific tracing tools and 132% of Ether wallets are in profit.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for July 31, 2020



With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

via CoinDesk

CryptoCurrency News: FinCEN Warns on Coronavirus Scams Demanding Crypto



FinCEN is warning cybercriminals are exploiting the COVID-19 pandemic, and asks firms to be especially vigilant regarding their dealings with virtual currencies.

via CoinDesk

CryptoCurrency News: Putin Signs Russian Crypto Bill Into Law



Russia's president signed the first of two bills on digital assets into law on Friday.

via CoinDesk

CryptoCurrency News: Ripple Paid MoneyGram $15.1M in ‘Market Development Fees’ in Q2



With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system.

via CoinDesk

CryptoCurrency News: Coinbase Considering 19 Additional Cryptos for Exchange Listing



The popular trading platform has once again expanded its list of crypto contenders.

via CoinDesk

CryptoCurrency News: Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do



Five years later, Ethereum is still chugging along as a decentralized platform for self-executing code. Eth 2.0 is quite close, but for real this time.

via CoinDesk

CryptoCurrency News: CoinDesk Live Recap: Co-Founders Revisit Ethereum’s Launch Drama



Ethereum was always a wild experiment. Now, five years later, a few early believers explain why they are more bullish than ever.

via CoinDesk

CryptoCurrency News: First Mover: Chainlink’s Soaring Token Shows Lucrative ‘Oracle’ Role in Fast-Growing DeFi



Chainlink's LINK token soared almost 60% in July as cryptocurrency traders fawned over DeFi projects and their rapid growth.

via CoinDesk

CryptoCurrency News: Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative



The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

via CoinDesk

CryptoCurrency News: Bitcoin on Track for Highest July Price Gain in 8 Years



Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process.

via CoinDesk

CryptoCurrency News: Elrond Launches Onto Mainnet, Reduces Token Supply by 99%



Elrond’s move onto mainnet will replace 19.98 billion testnet tokens with 20 million mainnet tokens at a rate of 1000:1.

via CoinDesk

CryptoCurrency News: KeeperDAO Raises Seven-Figure Seed Investment From Polychain, Three Arrows



The funding comes at a time when DeFi has seen an explosion in growth.

via CoinDesk

CryptoCurrency News: Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’



Ripple has hit back at the lead plaintiff in an ongoing class-action lawsuit accusing the firm and its CEO of securities fraud.

via CoinDesk

[FOREX TIP] USD/CAD Daily Price Forecast – 31st July 2020

USD/CAD Daily Price Forecast – 31st July 2020

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

USD/CAD Daily Price Forecast - 31st July 2020

USD/CAD Daily Price Forecast – 31st July 2020

Trade Summary:

  • Sell Limit: 1.34467
  • Stop Loss: 1.34857
  • Take Profit: 1.33797

If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

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The post USD/CAD Daily Price Forecast – 31st July 2020 appeared first on Advanced Forex Strategies.



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