CryptoCurrency News: As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

The popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale.

via CoinDesk

CryptoCurrency News: How Bitcoin Could Become the Reserve Asset for DeFi, Feat. Qiao Wang

Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.

via CoinDesk

CryptoCurrency News: Riot Buys 2,500 More Bitmain Miners In Latest Fleet Expansion

The publicly traded miner aims to quadruple its current hash rate by mid-2021.

via CoinDesk

CryptoCurrency News: The Best Blockchain University Programs Actually Pay Students to Learn

Leading student blockchain clubs do more than meet up to eat pizza: they work directly with crypto startups to solve problems.

via CoinDesk

CryptoCurrency News: On-Chain Real Estate Startup Propy Raised $1.2M in Draper-Backed Round

The real estate digitization platform aims to raise $1.7 million total.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Crypto’s Top Universities, Bitcoin’s New Addresses, MetaMask’s Token Swaps

MetaMask unveiled token swaps, a rise in new bitcoin addresses invites speculation and Ripple threatened to leave the U.S. for a friendlier regulatory environment.

via CoinDesk

CryptoCurrency News: ‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans

“It’s something we’re studying … [T]his is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich.

via CoinDesk

CryptoCurrency News: Bill to Give Blockchain Records Legal Clout Reintroduced in US House

Rep. Soto and Rep. Schweikert call for recognizing blockchain signatures as legal instruments in their new bill.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Oct. 7, 2020

With BTC steady and central bank digital currencies getting closer, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: BitMEX Says It’s ‘Business as Usual’ Despite 30% Drop in Bitcoin Balance After CFTC, DOJ Action

More than 57,000 BTC have been withdrawn from BitMEX since Sept. 30.

via CoinDesk

CryptoCurrency News: Coinbase’s ‘Mission’ Violates the Spirit of Bitcoin

Coinbase CEO Brian Armstrong wants it both ways: to be apolitical about uncomfortable disruptions and political about Bitcoin's mission to disrupt the world.

via CoinDesk

CryptoCurrency News: Bitcoin Correlations Depend on What Phase It Is In

Bitcoin's correlations with gold and the stock market appears contradictory on the surface. There are deeper machinations at work.

via CoinDesk

CryptoCurrency News: Japanese Crypto Exchange TaoTao Agrees to SBI Purchase After Binance Talks End

The all-stock deal bolsters SBI's crypto exchange services in Japan.

via CoinDesk

CryptoCurrency News: New Non-Custodial Crypto Exchange ‘Brings Bitfinex Liquidity to EOS’

Eosfinex has launched a beta version of its mainnet, saying it brings liquidity from the Bitfinex cryptocurrency exchange to the EOS community.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Steady as Trump Tweets, and Neo Takes on Ethereum

Trump's back-and-forth tweets over U.S. stimulus whipsaw bitcoin prices along with traditional markets, and Neo ratches up competition with Ethereum.

via CoinDesk

CryptoCurrency News: Analysts Can’t Agree What Prompted Big Spike in New Bitcoin Addresses

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

via CoinDesk

CryptoCurrency News: Huobi, Dragonfly, Coinbase Invest $500K in New DEX With Alternative Oracle Solutions

CoFix claims to have better token price feeds based on a pricing mechanism derived from a decentralized price oracle and the DEX’s patented risk assessment model.

via CoinDesk

CryptoCurrency News: KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack

The South Korean exchange is bringing more services back online after suffering a major hack late last month.

via CoinDesk

CryptoCurrency News: South Korea’s Central Bank to Test Digital Currency With Banks in 2021

Following China's lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks.

via CoinDesk

CryptoCurrency News: Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?

Neo, the so-called "Chinese version of Ethereum," revealed its ambition to beat the second largest blockchain by market cap during a time when Chinese firms such as TikTok and Huawei successfully established their dominance in an international market.

via CoinDesk

CryptoCurrency News: Inside the Estonian CBDC Experiment That Could Shape the Digital Euro

How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin.

via CoinDesk

[FOREX TIP] USD/JPY Daily Price Forecast – 7th Oct 2020

USD/JPY Daily Price Forecast – 7th Oct 2020

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

USD/JPY Daily Price Forecast – 7th Oct 2020

Trade Summary:

• Sell Limit: 105.966
• Stop Loss: 106.741
• Take Profit: 105.272

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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