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)
Leading sportswear brand Nike has been awarded a patent by the United States Patent and Trademark Office (USPTO) for using blockchain technology to assign unique digital ID to shoes.
Blockchain payment services provider BitPay has launched stablecoin payments for merchants and consumers worldwide.
The Xpring platform has been improved by Ripple to encourage developers to build around XRP resulting in community growth.
Support: 4.50 (Trendline); Resistance: 5.873 (5-DMA)
FINMA, the Swiss regulatory agency, has released its annual Risk Monitor report and identified blockchain technology as a risk that could increase the occurrence of money laundering and terrorist financing.
More than 80 Japanese banks plan to join JPMorgan’s Interbank Information Network in an attempt to strengthen their anti-money laundering security measures.
Fiat Chrysler Automobiles (FCA), the world’s eighth-largest automaker that counts Chrysler, Fiat, Jeep and Maserati among its brands, has joined the Responsible Sourcing Blockchain Network (RSBN).
Support: 0.1980 (Trendline); Resistance: 0.2239 (20-DMA)
There has been a significant surge in reporting related to convertible virtual currencies (CVCs), director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco said recently.
The Bank of Lithuania has published a paper on central bank digital currency (CBDC) that aims to facilitate more discussions and create strategies on how to move forward amidst fintech evolution.
WeBank, a Chinese digital bank founded by Tencent, is reportedly the first technical infrastructure provider for the country’s recently announced national blockchain initiative.
Support: 6979 (Lower BB); Resistance: 7350 (20-DMA)
The Saga stablecoin is now live and is currently listed on the Liquid platform, with initial trade paired against USD, Bitcoin, and Ethereum.
Beowulf Blockchain, the full B2B decentralized communication network, today announced that it is en route to the listing of its native coin, dubbed as the BWF coin. As part of the announcement, Beowulf unveiled the of…
Swiss crypto financial firm Amun has managed to acquire the approval of Swedish regulators to see its ETP to retail investors across the EU, giving it a solid foothold in the region.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 49.562 (Lower BB); Resistance: 54.943 (21-EMA)
The board members of Ledger Holdings – the parent company of LedgerX – have announced they will be placing the exchange’s co-founders in an administrative leave after a commotion with the CFTC.
A new document acquired by the SEC has revealed that Telegram used the services of BNY Mellon and Credit Suisse to move funds during its $1.7 billion ICO conducted last year.
Support: 201.90 (Lower BB); Resistance: 213.25 (20-DMA)
Support: 0.1985 (Trendline); Resistance: 0.2259 (5-DMA)
The Department of Federal Revenue (RFB) has announced that it will be imposing fines on individuals who fail to declare their cryptocurrency transactions.
HBUS, Huobi’s strategic partner in the United States, has announced that it will be ceasing its operations on December 15, 2019.
Intercontinental Exchange’s bitcoin subsidiary Bakkt has announced the launch of options and cash-settled futures products.
Support: 141.35 (78.6% Fib); Resistance: 149.46 (20-DMA)
The South Korean government is currently drawing a bill that would apply capital gains tax on crypto transactions amidst authorities clamping down on crypto exchanges operating in the country.
Support: 7231 (61.8% Fib); Resistance: 7578 (21-EMA)
The Italian Society of Authors and Editors (SIAE) is collaborating with a blockchain company to offer a more secure and transparent platform for copyright management.
China is reportedly gearing up to launch an initial pilot program for its central bank digital currency that will be helmed by the country’s central bank and seven state-owned companies.
Voice, a blockchain-based social media platform announced earlier this year, has announced that it plans to launch its beta version on Feb. 14, 2020.
Cryptocurrency exchange OKEx has announced its plans to launch options trading this month.
Cryptocurrencies such as bitcoin could rise to their full potential and eventually replace cash over the next decade, Deutsche Bank said in a new report.
Major Cryptocurrency Daily Trend/ Technical Outlook
