Crypto Technicals: LTC/USD Technical Analysis Summary
Major Support Levels: S1: 53.00 (Trendline) S2: 48.67 (78.6% Fib) S3: 42.40 (Feb 27 low)
Major Support Levels: S1: 53.00 (Trendline) S2: 48.67 (78.6% Fib) S3: 42.40 (Feb 27 low)
Support: 54.90 (78.6% Fib); Resistance: 61.21 (21H EMA)
Cryptocurrency exchange bitFlyer has announced that its European and American subsidiaries are adding support for a number of new cryptocurrencies.
Support: 168.35 (78.6% Fib); Resistance: 243.03 (61.8% Fib)
The United States Securities and Exchange Commission (SEC) has started its proceedings to determine whether to approve or disapprove a proposed bitcoin exchange-traded fund (ETF).
Luno, formed in 2013, was immediately recognised as the first fully integrated cryptocurrency wallet on the planet. From there, the company developed a platform for different types of cryptos but always stayed true to…
Support: 146 (trendline and Apr 25 low); Resistance: 177.25 (21H EMA)
Bitfinex is no longer required to continue turning over documents to the New York Attorney General (NYAG)’s office, as per the ruling of the Appellate Division of the New York Supreme Court.
Japanese financial services giant Monex Group revealed it would be granting Bitcoins as a mid-term shareholder benefit for the fiscal year of 2019.
The governor of Bank of Japan Haruhiko Kuroda has called for international efforts to regulate digital cryptocurrencies such as Facebook’s forthcoming Libra token.
Support: 8311 (200-DMA); Resistance: 8995 (21H-EMA)
NEO has become the first blockchain organization member to join the Microsoft-created .NET Foundation.
Digital asset custodian Knøx has raised $8.25 million in a seed round and launched a custody service for insurance institutions and fiduciaries.
Cryptocurrency exchange Binance announced that it has been officially recognized by the International Organization for Standardization as an information security management system.
Securitize, a compliance platform for digitizing securities on the blockchain, has raised $14 million in the latest funding round.
Flipside Crypto, a crypto-focused data analytics company, has raised $7.1 million in a Series Seed Prime round led by Galaxy Digital Ventures, The Block reported.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
UK-based blockchain startup Everledger has raised $20 million in a Series A funding round led by Chinese internet giant Tencent.
Support: 283.76 (Aug 30 low); Resistance: 303.19 (5-DMA)
Support: 192.69 (50-DMA); Resistance: 207.70 (200-DMA)
Boerse Stuttgart, the ninth-largest stock exchange in Europe, has launched Germany’s first regulated trading venue for digital assets.
Infosys Finacle, part of EdgeVerve Systems – a wholly-owned subsidiary of Infosys, announced that it has successfully completed its global blockchain trial in collaboration with blockchain software firm R3. Financial …
Kik Interactive, the Canada-based startup behind the famous mobile messaging app Kik, is planning to shut down the app.
Major Support Levels: S1: 0.2666 (4H 200 SMA) S2: 0.2651 (5W SMA) S3: 0.2460 (Aug 28 low)
Bithumb Global, the global platform of South Korea’s top cryptocurrency exchange Bithumb, has announced its plans to launch in India.
Support: 56.80 (Mar 20 low); Resistance: 70.73 (20-DMA)
CoinShares, a UK-based digital asset investment firm, is urging investors to support its fight against an impending ban on crypto exchange-traded notes (ETN) to be imposed by the UK’s Financial Conduct Authority (FCA).
Immutable, an Australian blockchain gaming studio and the creator of ‘Gods Unchained,’ has raised a $15 million Series A round led by Naspers Ventures.
Online retail giant Overstock has named Jonathan Johnson as its new chief executive officer.
Support: 9338 (21W EMA); Resistance: 5-DMA (9912)
China has shut down rumors that it will launch its national digital currency in November.
Blockchain research and development startup Matter Labs secured $2 million in a seed round to develop a new scaling initiative for the ethereum blockchain.
SIX Swiss Exchange has announced the launch of a prototype version of its exchange and central securities depository (CSD) for digital assets.
Blockchain privacy solutions startup QEDIT has partnered with Tradeshift, a cloud-based business network and platform for supply chain payments, marketplaces, and apps.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Major Support Levels: S1: 207.41 (200-DMA) S2: 200.96 (55-EMA) S3: 198.26 (21-EMA)
In a decision made in June, the International Financial Reporting Interpretations Committee (IFRIC) said that cryptocurrencies, such as bitcoin, are neither legal tender nor financial products.