8 U.S. Congress members sent a letter to the IRS asking for clearer guidelines about crypto tax Members of the U.S. Congress have sent a letter to the Internal Revenue Service (IRS) urging the agency to provide more c…
Japanese retail giant Rakuten is now allowing customers to convert their Rakuten Group’s loyalty points program to crypto assets.
The Bank of Korea (BoK), the central bank of South Korea, has announced its plans to form a task force focused on central bank digital currency (CBDC) research.
Privacy-focused cryptocurrency Zcoin (XZC) has launched its own crowdfunding system as part of its efforts to further decentralize funding and decision making of the project.
The Central Bank of The Bahamas has announced that it will be launching the pilot phase of the “Project Sand Dollar” today, Dec. 27. The pilot will be launched in Exuma with plans to extend to Abaco in the first half …
France’s Autorité des marchés financiers (AMF) (or Financial Markets Authority) has published new rules regarding the licensing of digital asset service providers (DASPs) and the cybersecurity requirements to be met b…
The B2B decentralized cloud pioneer Beowulf Blockchain announced that they have filed a US patent for their decentralized cloud network. Beowulf Blockchain was built by combining global computing resources into a supe…
The Bank of Russia has started testing stablecoins – cryptocurrencies pegged to real assets – in its regulatory sandbox, central bank head Elvira Nabiullina told Interfax.
After deleting several crypto-related videos from its platform, YouTube has now admitted to an “error” on their side, Cointelegraph reported.
Japanese financial services firm Tokai Tokyo Financial Holdings has announced its plans to invest around 500 million yen ($4.6 million) in Huobi Japan, a Japanese subsidiary of cryptocurrency exchange operator Huobi G…
The European Central Bank (ECB) has joined the growing list of central banks that are actively looking into central bank digital currencies (CBDCs).
In a rather shocking move, video streaming giant YouTube has started deleting crypto-related content from its platform, Cointelegraph reported.
Spanish payment service company Iberpay has announced that it has commenced a proof-of-concept (PoC) for blockchain-based smart payments with five banks – Banco Sabadell, Banco Santander, Bankia, BBVA and CaixaBank.
Japanese financial services giant SBI Holdings has announced its plans to invest in Boerse Stuttgart’s digital asset-related subsidiaries.
The Shenzhen Stock Exchange (SSE), one of two stock exchanges operating independently in Mainland China, has announced a new index to reflect the performance of blockchain industry-related companies.
The North American Securities Administrators Association (NASAA) sees cryptocurrency-related investments among the top five investor threats in the coming year.
The government of China is planning to undertake a study on foreign exchange reforms in order to deal with cryptocurrencies, an official at the country’s foreign exchange regulator was quoted saying by Reuters.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
It has been a spectacular year for the blockchain and crypto industry. This emerging sector has been attracting a lot of interest not only from the companies across multiple industries but even governments.
Support: 0.0127 (Lower BB); Resistance: 0.0160 (50-DMA)
Cryptocurrency brokerage BitOoda has raised $7 million in a seed funding round from a roster of prominent investors.
Support: 40.20 (200H MA); Resistance: 42.72 (21-EMA)
The year-2018 has been bearish rout for bitcoin price, during that phase, BTC price showed steep slumps and year-2019 has been mixed bag of sentiments, we could see no traces of slowing in its dominance as 2019.
Following the departure of Kelly Loeffler, Intercontinental Exchange (ICE) has announced the appointment of Mike Blandina as the new CEO of crypto trading platform Bakkt.
The decentralized communication network pioneer, Beowulf Blockchain, has announced a strategic partnership with one of Vietnam’s leading universities, Tien Giang University. Through this partnership, Beowulf will help…
Support: 120.16 (Lower BB); Resistance: 129.54 (200H MA)
Multinational media conglomerate Thomson Reuters, in collaboration with Verady, has announced a new cryptocurrency tax tool.
Chinese internet behemoth Tencent is forming a digital currency research group and is seeking a new head to lead the initiative, Cointelegraph reported citing Chinese media outlet iFeng.
Support: 7102 (200H MA); Resistance: 7736 (50-DMA)
Cryptocurrency exchange Coinbase has announced that it will be shutting down Earn.com and exclusively focus on Coinbase Earn, The Block reported.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 40.72 (5-DMA); Resistance: 42.69 (20-DMA)
Support: 0.1933 (5-DMA); Resistance: 0.1965 (200H MA)
Ripple has just secured $200 million in a Series C funding round, with the fund to be allocated for the company’s global expansion and adding more talent to its pool.
The SEC will be delaying its decision on the U.S. Treasury bond exchange-traded fund (ETF) by Wilshire Phoenix to Feb. 26 as it needs more time to examine the proposal.
8 members of the U.S. Congress, including four from the Congressional Blockchain Caucus, have asked the IRS to provide more clarity about crypto tax, with emphasis on forks and airdrops.
Alibaba Group has won two U.S. patents that could be used to secure and accelerate its blockchain network in a bid to get ahead of the crypto race.
