After the break higher yesterday Bitcoin has consolidated into a bull flag formation.The technical pattern now looks susceptible to an upside break. There is also a relative strength index (RSI) trendline break on the cards that could indicate more upside pressure.Volume is much lighter than yesterday and if it does not pick up sometimes that is a sign of a false break.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized Stock Global forex broker authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

As per CoinDesk, ConsenSys is giving away $175,000 in grants to seven Ethereum-based projects. These projects include Lighthouse, Tellor and Alice, among others. ConsenSys Head of Experiential Marketing, Yadira Blocker, said about the grant recipients: “In Wave 1, we saw a lot of applications but they weren’t super strong. In Wave 2, we started to see more credible teams and more unique ideas come to the table.”Over 150 projects have applied for the ConsenSys grants program since its launch in February 2019. Of these, 15 have received up to $330,000 in funding. Since last month, the third wave of ConsenSys grants is also open for applications with $220,000 worth of funding up for grabs.ConsenSys marketing director Daniela Osorio emphasized that the main aim of the grants program is to support the less glamorous areas of development that may not be profitable but are still critical to the functioning of the Ethereum ecosystem.“The way we find really great projects is we talk to VCs and we ask, “What are some great teams you’ve come across that you can’t actually justify funding?”It comes down to this theory of the tragedy of the commons. We all need certain pieces to work for everyone else to build something potentially more profitable on top.”Forex Crunch is a site all about the sharefounders review foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Stock Global broker reviews Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

The Intercontinental Exchange and their flagship Bitcoin product Bakkt are said to be looking to jump in ahead of the CME group to release a Bitcoin options contract.Apparently, It wants to beat its rival CME, which is looking at a 1Q 2020 launch for its own bitcoin option contract. Deribit in Amsterdam already sell Bitcoin options but they do not have the standing of CME or ICE.It has been said that BTC options will attract more institutional investors and improve the digital currencies reputation amongst the finance community.Just today it was announced that the CME group are looking into an Ethereum futures contract after CME chairman called Ether a “commodity”.Mr Tarbert said he believes ether is not secure when speaking at the Yahoo! Finance All Markets Summit. In a strong opening statement Tarbert said he wants America to lead in the game of blockchain he then went on to say:“We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether – until now,” Tarbert said. “it is in my view as chairman of the CFTC that ether is a commodity.”So now its the battle of the exchanges, options contracts could be lucrative and being first to market could provide a competitive edge.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Asset Gates broker reviews) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Stock Global broker scam Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

Federal Reserve’s Mester has said that the US is likely to avoid a serious downturn.Speculators are pricing in a rate cut from the Fed for later this month. However, the concentration has been elsewhere this week with the seesaw trade talk headlines, conflicting from start to finish ahda of tomorrow’s key meting between Trump and high-level negotiators at the White House. Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, Trendin Graphs forex broker forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Stock Global broker scam Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .

AUD/USD is consolidated in early Asia following volatility overnight on a series of trade talks headlines that drove the Aussie both ways. AUD/USD is currently trading at 0.6757 having travelled between 0.6710 and 0.6774 overnight.Casting minds back to yesterday’s early Asia session, the pair was falling on the back of the pessimistic South China Morning Post news that said Chinese negotiators would end the talks earlier than scheduled, bemused by the US State Department’s blacklisting of Chinese companies. However, the Aussie was back in favour when Bloomberg and NY Times stories, quite to the contrary, argued that a partial deal was being drawn up between the two sides and that meetings will go ahead as planned. There were easing of restrictions on Huawei being reported as well. Trump tweeted that China “want to make a deal” and that he intends to meet the Vice Premier on Friday.Elsewhere, one eye is being kept on central banks beyond the blur of trade talk noise. “Markets are pricing 12bp of easing at the 5 Nov RBA meeting, and a terminal rate of 0.36% (RBA cash rate currently at 0.75%),” analysts at Westpac noted. With respect to the Federal Reserve, data overnight will have ben monitored that arrived in the form of US Sep headline Consumer Price Index was flat mom, with ex-food and energy +0.1%mom, missing estimates of +0.1%mom and +0.2%mom respectively. The annual pace of CPI remained at 1.7% (expected 1.8%), ex-food and energy remaining at +2.4% (as expected). US 2-year Treasury yields climbed from 1.44% to 1.54%, the 10-year yield from 1.56% to 1.67%.  “Markets are pricing 18bp of easing at the 31 October meeting and a terminal rate of 1.04% (vs 1.88% currently),” analysts at Westpac explained. Looking ahead, the calendar is quiet today to the week, but traders will now await the next round of key data releases from Australia and next week will bring the Reserve Bank of Australia’s October minutes Tuesday and September labour force survey on Thursday.Bulls have run up to the key 21-Day moving average (Stock Global forex broker) and have eyes set on an advance to the 0.68 handle and confluence with the 50-DMA. Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. Trendin Graphs broker reviews The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published c