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Wednesday, August 5, 2020

CryptoCurrency News: Ethereum Classic Suffers Second 51% Attack In a Week



Ethereum Classic has suffered a 4,000-block long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, saw an attacker steal more than 800,000 ETC, worth about $5.6 million.

via CoinDesk

[FOREX TIP] GBP/CHF Daily Price Forecast – 6th August 2020

GBP/CHF Daily Price Forecast – 6th August 2020

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

GBP/CHF Daily Price Forecast - 6th August 2020

GBP/CHF Daily Price Forecast – 6th August 2020

Trade Summary:

  • Buy Stop: 1.19383
  • Stop Loss: 1.18897
  • Take Profit: 1.20033

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.

For more trade ideas, join the Price Action Society

Start with $30 trading bonus

Trade forex and CFDs on stock indices, commodities, stocks, metals and energies with these licensed and regulated brokers. For all clients who open their first real account, these brokers offer a $30 trading bonus to test their products and services without any initial deposit needed. Learn more about how you can trade over 1000 instruments on their MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.

http://www.priceactionsociety.com

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.

The post GBP/CHF Daily Price Forecast – 6th August 2020 appeared first on Advanced Forex Strategies.



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CryptoCurrency News: Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules



Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for habeas corpus.

via CoinDesk

CryptoCurrency News: China’s Open Source Development Has Lessons for the US



While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate



Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.

via CoinDesk

CryptoCurrency News: DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say



DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

via CoinDesk

CryptoCurrency News: Two Reasons Crypto’s Bull Market Is Coming



Capital from dying token projects and an inflationary environment provide conditions for crypto's march towards a $1 trillion market cap.

via CoinDesk

CryptoCurrency News: Hedgeye CEO Keith McCullough on Stagflation, Bitcoin and the Devalued Dollar



One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed.

via CoinDesk

CryptoCurrency News: NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold



“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”

via CoinDesk

CryptoCurrency News: ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi



Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

via CoinDesk

CryptoCurrency News: 17-Year-Old Pleads Not Guilty to Twitter Hack as Defense Tries to Lower Bail From $725K



The 17-year-old charged with being the mastermind behind July's Twitter hack has pleaded not guilty; the defense says bail posted is "grossly inappropriate" to the amount of money stolen.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Square’s Revenue Surge, Eth 2’s Final Testnet, c-Lightning’s Latest Update



Square’s Bitcoin revenues increased 600% year-over-year and a blockchain-based voting system in Russia may have been hacked.

via CoinDesk

CryptoCurrency News: Republic Cuts Through SEC Red Tape to Raise $16M via Security Token Sale



Under a pair of SEC regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 5, 2020



With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup!

via CoinDesk

CryptoCurrency News: Why Ukraine Is Ripe for Cryptocurrency Adoption



A relatively unstable state – with a technically sophisticated population – creates a fertile ground for crypto adoption.

via CoinDesk

CryptoCurrency News: Ex-Wife’s Testimony Suggests Craig Wright ‘Defrauded’ Court, Kleiman Lawyers Claim



The legal team for the estate of David Kleiman said Ms. Wright's submission cast doubt on the nature of the Tulip Trust at the heart of the lawsuit.

via CoinDesk

CryptoCurrency News: Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time



Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off.

via CoinDesk

CryptoCurrency News: First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives



As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets. 

via CoinDesk

CryptoCurrency News: BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ Assets



The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.

via CoinDesk

CryptoCurrency News: Square Reports 600% Increase in Quarterly Bitcoin Revenue



Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

via CoinDesk

CryptoCurrency News: Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin



The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin.

via CoinDesk

CryptoCurrency News: Social Engineering: A Plague on Crypto and Twitter, Unlikely to Stop



The SIM swapping community entered the spotlight after helping the Twitter hacker breach the social media platform, but these threat actors have been going after the crypto community for years.

via CoinDesk

CryptoCurrency News: Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants



Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants.

via CoinDesk

[FOREX TIP] EUR/CHF Daily Price Forecast – 5th August 2020

EUR/CHF Daily Price Forecast – 5th August 2020

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

EUR/CHF Daily Price Forecast - 5th August 2020

EUR/CHF Daily Price Forecast – 5th August 2020

Trade Summary:

  • Buy Stop: 1.07869
  • Stop Loss: 1.07636
  • Take Profit: 1.08230

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.

For more trade ideas, join the Price Action Society

Start with $30 trading bonus

Trade forex and CFDs on stock indices, commodities, stocks, metals and energies with these licensed and regulated brokers. For all clients who open their first real account, these brokers offer a $30 trading bonus to test their products and services without any initial deposit needed. Learn more about how you can trade over 1000 instruments on their MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.

http://www.priceactionsociety.com

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.

The post EUR/CHF Daily Price Forecast – 5th August 2020 appeared first on Advanced Forex Strategies.



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