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Tuesday, August 4, 2020

CryptoCurrency News: Missouri Man Pleads Guilty to Trying to Buy Chemical Weapons With Bitcoin



The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever



A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

via CoinDesk

CryptoCurrency News: Can Social Media Be Redeemed? Feat. Bobby Goodlatte



An early Facebook product designer-turned angel investor discusses how social media has changed and whether it can be changed again for the better.

via CoinDesk

CryptoCurrency News: ‘Rat Poison Squared on Steroids’: What’s New in Bitcoin’s Latest Lightning Release



With a sly poke at Warren Buffet's comment that Bitcoin is "rat poison squared," c-lightning developers' latest release adds some key new Lightning features.

via CoinDesk

CryptoCurrency News: US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed



Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.

via CoinDesk

CryptoCurrency News: SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities



The federal securities watchdog has taken an interest in DeFi's most basic building block.

via CoinDesk

CryptoCurrency News: Decentralized Exchange dYdX Debuts Ether Perpetual Swaps



Perpetual swaps that track the price of ether (ETH) are coming to dYdX, the company announced Tuesday.

via CoinDesk

CryptoCurrency News: There’s Now an Accelerator Exclusively for DeFi Startups



The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups.

via CoinDesk

CryptoCurrency News: Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes



China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for August 4, 2020



With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

via CoinDesk

CryptoCurrency News: Russian Voters’ Data on Sale After Blockchain Vote to Keep Putin in Power – Report



Russians voted electronically, using blockchain tech, to keep Putin in power. Now, hackers may be selling the personal data of over a million of those voters.

via CoinDesk

CryptoCurrency News: Ethereum 2.0 Testnet Medalla Goes Live With 20,000 Validators



Medalla, the final testnet before the anticipated launch of Ethereum 2.0 later this year, is now live, the Ethereum Foundation announced Tuesday.

via CoinDesk

CryptoCurrency News: Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans



Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.

via CoinDesk

CryptoCurrency News: What People Who Aren’t Bullish on Bitcoin Still Like About It



Working with open-source software changes the development process, according to this researcher who interviewed hundreds of technologists across projects.

via CoinDesk

CryptoCurrency News: First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play



The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.

via CoinDesk

CryptoCurrency News: INX Scales Down US IPO Target to $127M – Still Set to Be Crypto’s Largest



The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.

via CoinDesk

CryptoCurrency News: Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec



Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.

via CoinDesk

CryptoCurrency News: Bison Trails Hires Ex-Goldman Sachs VP as Legal Head



Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.

via CoinDesk

CryptoCurrency News: Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money



A former vice president of the Bank of China has argued that digital currency should replace fiat in the nation's financial systems.

via CoinDesk

CryptoCurrency News: DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding



The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms.

via CoinDesk

CryptoCurrency News: French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik



Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.

via CoinDesk

CryptoCurrency News: The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners



Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever.

via CoinDesk

[FOREX TIP] AUD/CAD Daily Price Forecast – 4th August 2020

AUD/CAD Daily Price Forecast – 4th August 2020

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

AUD/CAD Daily Price Forecast - 4th August 2020

AUD/CAD Daily Price Forecast – 4th August 2020

Trade Summary:

  • Buy Stop: 0.95672
  • Stop Loss: 0.95277
  • Take Profit: 0.96261

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 AUD/CAD Daily Price Forecast – 4th August 2020 appeared first on Advanced Forex Strategies.



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