Latest news — Page 1220

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.

Blockchain security company CipherTrace has teamed up with the Anti-Human Trafficking Intelligence Initiative (ATII) to solve human trafficking and track down black funds moving in the crypto space.

Tokyo-based credit card issuer JCB and blockchain commercial payment provider Paystand will be collaborating to address Japan’s outdated legacy payment system that is causing businesses to lose billions of dollars.

Here, there is a company that leads the way in the commercialization of cryptocurrency. It organizes various uses of cryptocurrency to expand the e-money market and attempts marketing to get closer to blockchain techn…

GXT GLOBAL's policy of promoting commercialization of cryptocurrency is being realized successfully. GXT GLOBAL is a blockchain-based technology company headquartered in Singapore and issued cryptocurrency at Virgin I…

Support: 130.99 (200H MA); Resistance: 138.99 (21-EMA)

Support: 7319 (5-DMA); Resistance: 7736 (55-EMA)

Blockchain and crypto-focused media portal TokenPost held ‘Decentralized People’s Award 2019’ (or DPA 2019) at Imperial Palace Hotel, Seoul, South Korea today, Dec. 20.

The decentralized communication network pioneer, Beowulf, has announced a strategic partnership with one of Vietnam’s most elite universities, Ho Chi Minh City University of Science. Under this partnership, Beowulf wi…

The Securities and Exchange Commission (SEC) will be expanding the definition of accredited investors in an attempt to include more individuals into the fold.

U.S. Federal Reserve Governor Lael Brainard said that Libra’s two billion reach has the potential for rapid adoption, which could pose risks down the line.

Infosys, an Indian multinational tech firm, has launched three blockchain-powered applications for government agencies, insurance companies, and the shipping industry.

ECB President Christine Lagarde said that the task force that is overseeing the research on the digital currency will be accelerated next year, while the current system will be maintained and upgraded.

Lukka, an accounting and tech company, will be launching a crypto tax tool on Jan. 15 that will help investors comply with IRS guidelines and accurately calculate the taxes they own to the agency.

Blockchain startup Blockchain of Things will be paying the SEC a total of $250,000, with each payment divided into four segments at $62,500 each.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.1725 (Trendline); Resistance: 0.1913 (5-DMA)

Support: 113.50 (Trendline); Resistance: 128.28 (5-DMA)

Support: 7052 (200H MA); Resistance: 7265 (21-EMA)

Fidelity’s crypto arm Fidelity Digital Assets (FDAS) will be expanding its services to cater to European investors and has appointed Barclay’s former managing director.

Crypto exchange Kraken is currently facing a lawsuit from its former financial analyst who is accusing the exchange of wrongful termination after the employee found questionable activities within the company.

Payments firm Circle has announced that it will be focusing most of its efforts on the stablecoin sector weeks after Co-CEO Sean Neville stepped down from his role.

Accountancy juggernaut Ernst & Young (EY) has announced the launching of its Zero-Knowledge Proof (ZKP) blockchain technology that is able to significantly reduce transaction costs through consolidation capabilities.

HTC will be undergoing another major staff downsizing as it reportedly wants to stay competitive by focusing its efforts on key products like the VIVE and EXODUS.

Honeywell, an aircraft part producer, is partnering with iTRACE and SecureMarking to reduce the proliferation of counterfeit products in the aviation industry.

The decentralized communication network pioneer, Beowulf Blockchain, has announced a strategic partnership with VNPT, the most prominent post and telecommunication company in Vietnam. Through this partnership, Beowulf…

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.1500 (Sept 2017 low); Resistance: 0.1974 (5-DMA)

Support: 114 (Trendline); Resistance: 131.42 (5-DMA)

Support: 7004 (5-DMA); Resistance: 7278 (21-EMA)

State Street and crypto exchange Gemini are planning to launch a pilot for digital assets that will provide reporting scenarios for user holdings on Gemini.

Accenture has announced that it has collaborated and invested on TradeIX to push trade finance into its next evolutionary stage.

Blockchain startup Conflux is getting the support of the Chinese government as it plans to open its research institute by the end of the year, while its incubation center will be available on June 2020.