Latest news — Page 1216

GMMA Indicator: Major Trend - Bearish; Minor Trend - Bearish

British banking giant Standard Chartered has announced that it has made a strategic investment into China-based supply chain firm Linklogis. The details of the investment have not been disclosed.

AlgoTrader, a Switzerland-based capital and cryptocurrency markets technology provider, has raised CHF 3.7 million (approximately $3.8 million) in a Series A round led by an undisclosed global Tier 1 bank.

The Blockchain Technology Act came into effect in the U.S. state of Illinois on January 01, recognizing smart contracts and other blockchain-based digital records as legal instruments, CoinDesk reported.

GMMA Indicator: Major Trend - Bearish; Minor Trend - Turning Bearish

Cryptocurrency regulation is one of the key focus areas for the European Securities and Markets Authority (ESMA) for the next couple of years, CoinDesk reported.

GMMA Indicator: Major Trend - Bearish; Minor Trend - Neutral

Former CEO of crypto derivatives exchange Kelly Loeffler has joined the Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission (CFTC).

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Siam Commercial Bank (SCB), Thailand’s oldest bank, has entered into a partnership with blockchain firm to build a mobile app to deliver instant, low-cost cross-border payments. Called SCB Easy, the app will run on Ri…

GMMA Indicator: Major Trend - Bearish; Minor Trend - Neutral

The government of Anhui, a province in eastern China, has announced its plan to implement blockchain technology across governmental service centers, The Block reported citing local news sources.

Support: 0.2021 (4H 200 MA); Resistance: 0.2090 (5-DMA)

Crypto lending startup BlockFi has announced that it has added support for litecoin and USD Coin (USDC), a stablecoin backed by the US dollar.

Australia’s Department of Industry, Innovation, and Science has revealed that it is developing a National Blockchain Roadmap to shed light on the opportunities presented by this technology across the entire economy, Z…

GMMA Indicator: Major Trend - Bearish; Minor Trend - Neutral

China’s national blockchain network is slated to launch in April 2020, Cointelegraph reported citing a report from Sina Finance.

Overbought/ Oversold Index: Overbought, on verge of rollback into neutral

Port of Salalah, the largest port of Oman, has joined TradeLens, the blockchain-based digital shipping platform, Times of Oman reported.

Chinese payment giant Ant Financial is planning to launch its enterprise blockchain platform in February, The Block reported citing a report from Mars Finance.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Two Japanese corporate behemoths – SBI Holdings and GMO – have signed a deal with what is said to become the world’s largest bitcoin mining facility.

Technical Analysis: Bias turning bullish

The Capital Markets Board of Turkey (CMB), the financial regulatory and supervisory agency of the country, has started developing a regulatory framework for the country’s cryptocurrency sector, Cointelegraph reported …

Support: 0.2072 (5-DMA); Resistance: 0.2269 (daily cloud)

Support: 45.99 (55-EMA); Resistance: 50.75 (Trendline)

The District Court for the Southern District of New York has ruled in favor of Telegram, denying the request by the Securities and Exchange Commission (SEC) to make the messaging giant disclose its bank records, Coint…

Leading cryptocurrency exchange Coinbase has announced the launch of the Coinbase Pro mobile app for Android customers.

Overbought/ Oversold Index: Overbought with scope to run further

The United States Securities and Exchange Commission (SEC) continues to place particular emphasis on digital assets.

Technical Analysis (Daily): Near-Term Bullish

Securrency, a provider of institutional-grade blockchain-based financial and regulatory technology, has raised $17.65 million in a Series A funding round led by WisdomTree Investments.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

South Korean cryptocurrency exchange Bithumb has established a research center in order to strengthen its blockchain R&D capabilities and exchange operation.

Chinese internet giant Baidu has launched a blockchain-based service network that will help developers and small and medium-sized enterprises (SMEs) to develop decentralized applications (dapps), CoinDesk reported cit…

A South Korean Presidential Committee has proposed allowing financial institutions to launch cryptocurrency products, such as derivatives, Business Korea reports.

Support: 0.2038 (5-DMA); Resistance: 0.2271 (daily cloud)