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Friday, August 7, 2020
CryptoCurrency News: Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
via CoinDesk
CryptoCurrency News: 11 Numbers That Tell the Story of the Economy Right Now
From the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.
via CoinDesk
CryptoCurrency News: Money Reimagined: Warnings From an Argentine Tragedy
Programmable money can protect against politicians debasing currencies to satisfy their own interests.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Goldman’s Hire, Ether’s Options, Bitcoin’s Patronage
The Fed is rushing ahead with a payments platform, Goldman Sachs is building out a digital assets team and NBA stars have backed Dapper Labs.
via CoinDesk
CryptoCurrency News: Privacy Group Slams California Bill That Would Put Health Records on the Blockchain
EFF said the proposed bill is a serious threat to citizen's privacy; the immutability of a blockchain means false diagnoses can't be erased.
via CoinDesk
CryptoCurrency News: ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange
ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.
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
CryptoCurrency News: First Mover: July Was a Runaway Month for Crypto Returns
Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins).
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: California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts
The California Energy Commission is funding an experimental market for carbon-credit trading on the RSK blockchain, which runs on top of Bitcoin.
via CoinDesk
CryptoCurrency News: Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork
The bug sheds light on the challenges of Bitcoin's decentralization. At least we've got 86 years for the community to join together and implement a fix.
via CoinDesk
CryptoCurrency News: Free Speech vs. Cancel Culture: Reasons for Optimism
From social media to controversial statues, the free speech debate is more alive than ever. New tech can help safeguard history while letting us live our values.
via CoinDesk
CryptoCurrency News: CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron.
via CoinDesk
CryptoCurrency News: First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars
Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with CEO Loi Luu about the project and the DeFi boom.
via CoinDesk
CryptoCurrency News: Financial Services Provider to Coinbase Teams With Circle to Offer EU Institutions Stablecoin Payments
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.
via CoinDesk
CryptoCurrency News: Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.
via CoinDesk
CryptoCurrency News: Japan’s New FSA Chief Stands Firm on Crypto Regulation, Calls for Push on Digital Yen
The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos.
via CoinDesk
[FOREX TIP] EUR/GBP Daily Price Forecast – 7th August 2020
EUR/GBP Daily Price Forecast – 7th August 2020
This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.
Trade Summary:
- Sell Stop: 0.90163
- Stop Loss: 0.90387
- Take Profit: 0.89868
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…
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The post EUR/GBP Daily Price Forecast – 7th August 2020 appeared first on Advanced Forex Strategies.
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