Latest news — Page 1221

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.

Alrosa and tech company Everledger are planning to launch the blockchain-based WeChat Mini Program to track the provenance of diamonds.

A Bitcoin video has gone viral on TikTok as the leading cryptocurrency by market capitalization struggles to reach $7,000.

CoinFLEX has snatched former Binance executive Leslie Tam and appointed him as the exchange’s chief strategy officer amidst the crypto industry gaining more popularity in the mainstream scene.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.1500 (Sept 2017 low); Resistance: 0.2009 (5-DMA)

Support: 114.50 (Trendline); Resistance: 125.86 (21H EMA)

Support: 6475 (Trendline); Resistance: 6716 (21H EMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Venezuelan President Nicolás Maduro will be handing out 0.5 petro ($30) to the general masses in an attempt to push nationwide adoption of the cryptocurrency.

Marco Polo – the brainchild of R3 and TradeIX – announced that it has successfully completed a seven-week trade finance trial run that involved the participation of over 70 organizations.

Tata Consultancy Services (TCS), the IT arm of Tata Group, has announced the launching of a new blockchain DevKit that accelerates smart contract creation by 40%.

Support: 185.75 (Trendline); Resistance: 202.85 (5-DMA)

CipherTrace has launched a new product for banks that will help identify unregistered virtual asset service providers (VASPs) and cryptocurrency money service businesses (MSBs) in their system.

Diginex and a United Nation related organization have announced the launching of a blockchain tool to protect immigrant workers in Hong Kong from exploitative practices.

ASB Bank has once again participated in a seed funding round by TradeWindow, with other investors from the shipping and logistics sector joining in to raise $1.7 million.

Support: 0.1800 (Nov 2017 low); Resistance: 0.2105 (5-DMA)

Support: 36.29 (88.6% Fib); Resistance: 42.11 (5-DMA)

Support: 115 (Trendline); Resistance: 138.54 (5-DMA)

Support: 6600 (May 17 low); Resistance: 7035 (5-DMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 41.85 (Trendline); Resistance: 43.45 (5-DMA)

Support: 133.50 (Trendline); Resistance: 142.84 (5-DMA)

Support: 8.33 (Trendline); Resistance: 9.15 (21-EMA)

Support: 0.1975 (Trendline); Resistance: 0.2220 (20-DMA)

Support: 6600 (May 17 low); Resistance: 7260 (200H MA)

Hydra, Russia’s largest darknet marketplace, will be conducting an initial coin offering (ICO) on Dec. 16, with the funds intended to fuel its global expansion.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

New York regulator publishes proposed guidance to modify BitLicense The New York Department of Financial Services (NYDFS) has officially announced that it is reviewing its virtual currency regulations. The regulator o…

Terra, a blockchain-based payments and stablecoin company, has announced the launch of Terra Payments in Mongolia.

Support: 206.27 (50H MA); Resistance: 211.74 (20-DMA)

Support: 0.1975 (Trendline); Resistance: 0.2225 (20-DMA)

Korean cybersecurity firm Penta Security has entered into a global strategic partnership with blockchain software firm R3 for digital asset management and Multi-Party Computation (MPC) technology.