Latest news — Page 1222

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.

The SEC has charged Shopin’ founder Eran Eyal with defrauding investors as the agency found that the funds raised in last year’s ICO weren’t allocated to the promised project.

Cryptocurrency exchange Kraken is looking for an operations director that would oversee a ‘special purpose’ bank in Wyoming in a bid to gain more independence.

Social media giant Twitter is funding an independent team that will focus on developing an open and decentralized standard for social media, CEO Jack Dorsey announced this week in a series of tweets.

Support: 41.85 (Trendline); Resistance: 44.60 (200H MA)

Dutch Bank ING is reportedly developing a custodial technology that will allow clients to safely store digital assets and accelerate crypto adoption in the financial sector.

The Basel Committee on Banking Supervision (BCBS) is seeking feedback on the prudential regulatory treatment of crypto-assets.

Proof of Impact, a blockchain-based global marketplace for funding measurable impact outcomes, has announced the closing of its first institutional funding round. The amount raised has not been disclosed.

Support: 7187 (50H MA); Resistance: 7354 (200H MA)

Security token firm TokenSoft has filed for the registration of a transfer agent to the SEC in its attempt to create an “automated investment bank.”

Cobalt producer Glencore has announced that it is joining the Responsible Sourcing Blockchain Network (RSBN).

Support: 132.60 (Trendline); Resistance: 145.05 (5-DMA)

Chainalysis has launched a compliance solution software for Bitfinex that aims to identify suspicious funds and eliminate illicit activities that may be lurking within the exchange.

Grant Thornton, the liquidator for the collapsed Cryptopia exchange, said that it managed to acquire $4.6 million from the on-going investigation, but admitted reimbursement is a long way from being completed.

Cryptocurrency exchange Binance has launched a fiat gateway for Latin America, allowing people in Brazil and Argentina to buy and sell cryptocurrencies with respective local fiat currencies.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

New York-based blockchain startup Digital Asset has raised over $35 million in Series C funding round, bringing its total funding to $150 million to date.

Support: 1.8652 (May 2019 high); Resistance: 1.3845 (21-EMA)

Support: 41.873 (Lower W BB); Resistance: 51.766 (20-DMA)

The New York Department of Financial Services (NYDFS) has officially announced that it is reviewing its virtual currency regulations.

ConsenSys, the Ethereum blockchain development firm, has closed down its offices in India and the Philippines citing ‘realignment’ of teams in the two regions.

SEC Chairman Jay Clayton said that his agency has been studying digital assets and will be taking a ‘measured’ yet ‘proactive’ approach on the crypto industry.

Beowulf Blockchain, the B2B decentralized communication network pioneer, announced today that it will support Pacific Links Foundation, a leading US-based non-profit and non-governmental organization, with their missi…

French asset management company Napoleon AM has launched a new bitcoin fund tied to CME's cash-settled bitcoin futures.

Support: 0.1975 (Trendline); Resistance: 0.2233 (20-DMA)

A new survey of US asset managers and asset owners conducted by State Street forecasts the continued prevalence of digital assets in the industry.

Support: 132 (Trendline); Resistance: 145.72 (5-DMA)

The Chamber of Digital Commerce and the Enterprise Ethereum Alliance (EEA) have entered into a strategic partnership to boost industry advocacy and education efforts around tokenization.

Square Crypto, a bitcoin-focused unit of payments company Square, has awarded a grant to a Lightning contributor going by the pen name ‘ZmnSCPxj.’

Support: 6963 (Lower BB); Resistance: 7287 (5-DMA)

Russian power grid Rosseti has chosen blockchain technology as the solution for the growing power debt in the country, which has amounted to $20.5 million due to lack of transparency.

Elliptic, a risk-assessment crypto firm, has announced the launching of its new product that will provide banks the means to rank crypto exchanges based on years of collected data.

In the latest twist to the leadership changes at Bitmain, Wu Jihan has once again taken over the helm as the chief executive officer, Bloomberg reported.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

The China Securities Regulatory Commission (CSRC) is reportedly setting up a new Technology Regulatory Bureau, CoinDesk reported citing local media outlet Caijing.

Support: 141.35 (78.6% Fib); Resistance: 148.62 (20-DMA)