Latest news — Page 1254

Square Crypto, a bitcoin-focused unit of payments company Square, has made three new hires.

Bank of America, the eighth largest bank in the world by total assets, has joined blockchain-based trade finance network Marco Polo.

Support: 1.0603 (21-EMA); Resistance: 1.1209 (200-DMA)

After abruptly stepping down as Overstock.com’s CEO, Patrick Byrne has dumped all his equity holdings in the company over the past week to purchase cryptocurrency and precious metals.

The U.S. law enforcement has reportedly arrested Steven Nerayoff, an early supporter of the ethereum project and Overstock’s tZero’s former paid advisor, along with Alchemist associate Michael Hlady for extortion. The…

Cryptocurrency trader and lender Genesis Trading has made its first-ever acquisition, the company said in a press release.

Major Support Levels: S1: 0.2796 (5-DMA) S2: 0.2708 (55-EMA) S3: 0.2605 (24-EMA)

Pakistan’s Faysal Bank Limited has unveiled its partnership with crypto-based firm Ripple, in a bid to become the first Pakistani bank to implement Ripple’s xCurrent technology.

Cryptocurrency wallet app Abra announced on Thursday that it started selling cryptocurrencies for cash across all 7-Eleven store branches in the Philippines in collaboration with local payments provider ECPay.

Arab Bank Switzerland has penned a partnership with blockchain technology firm Taurus to offer its wealthy clients a full suite of digital asset services.

IBM, Citibank, and video game giant Ubisoft have penned a partnership with Singapore-based blockchain accelerator Tribe Accelerator.

Major Support Levels: S1: 10.250 (200H SMA) S2: 9.870 (Lower BB) S3: 8.10 (Jan 28 low) Major Resistance Levels: R1: 10.952 (21-EMA) R2: 12.042 (34-EMA) R3: 13.022 (50-DMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

China is adopting cutting-edge technologies, such as big data, blockchain and artificial intelligence (AI), to improve its structured finance market, Moody’s said in a new report.

Support: 68.82 (61.8% Fib); Resistance: 77.64 (200-DMA)

North Korea appears to be the latest country to undertake the cryptocurrency route to avoid international sanctions.

UAE’s Ministry of Health and Prevention (MoHAP) has rolled out a blockchain-based system that will record and share information of healthcare workers in public and private health facilities under its supervision, Emir…

PUBLISH Inc., a blockchain-based media solutions company, has announced that its native token ‘NEWS’ is now listed on CoinMarketCap, a provider of price and market cap data for cryptocurrencies.

Self-proclaimed bitcoin inventor Craig Wright is in settlement talks with the estate of his former business partner Dave Kleiman, which sued him in a $10 billion lawsuit.

Support: 71.72 (21-EMA); Resistance: 78.10 (55-EMA)

Germany has passed on Wednesday a comprehensive blockchain strategy that aims to block stablecoins from becoming alternative currencies and threatening state sovereignty, according to Reuters.

The Litecoin Foundation has chosen crypto lending platform Celsius Network as its preferred crypto wallet, CoinDesk reported.

Turkey is eyeing to become the first country to use blockchain for public administrative services, according to a new road map released by the country’s Ministry of Industry and Technology, as reported by Cointelegraph.

Support: 198.51 (55-EMA); Resistance: 228.58 (110W EMA)

Indian automotive giant Tata Motors has announced the launch of a program aimed at promoting collaboration with startups and technology companies to encourage innovation.

Israeli cybersecurity startup GK8 has secured $4 million seed round to develop the first-ever offline system for transaction cryptocurrencies.

Support: 9071 (July 17 low); Resistance: 10,138 (5-DMA)

QUICKOM, a US patent-pending communication platform, has announced its partnership with Thi Truong Si, Vietnam’s largest wholesale online marketplace to enable its 35,000 merchants to provide innovative call center se…

The European Space Agency (ESA) has awarded blockchain startup SpaceChain UK a 60,000 euro ($66,400) grant to commercially develop its satellite-based blockchain wallet.

Singapore-based cryptocurrency exchange Huobi expanded its services to Argentina, with plans to establish a fiat-to-crypto gateway.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.016200 (21-EMA); Resistance: 0.017815 (50-DMA)

Support: 0.006934 (21-EMA); Resistance: 0.007641 (55-EMA)

Cryptocurrency exchange Binance is launching its U.S.-based arm, Binance.US, in most states today, September 18, except 13.

VanEck and SolidX have withdrawn their bitcoin exchange-traded fund (ETF) proposal, as per a filing with the Securities and Exchange Commission (SEC) on Tuesday.

Real estate investment firm AssetBlock launched a new platform for trading commercial properties on Algorand, the next-generation proof-of-stake blockchain.

Support: 0.2846 (55-EMA); Resistance: 0.3186 (21W EMA)

“Big Four” consulting giant Deloitte is now conducting a trial for a mobile Bitcoin wallet by allowing its employees to buy food in bitcoin, according to Luxembourg Times.