Latest news — Page 1285

Support: 183.89 (21-EMA); Resistance: 193.76 (21W EMA)

The central bank of France is currently looking for a crypto analyst and development engineer to study and create proposals that can be applied to the financial sector.

Cryptocurrency exchange Bithumb Global, the global arm of Bithumb Korea, has announced Bithumb Coin (BT), the native token for the recently announced blockchain platform Bithumb Chain.

Support: 8666 (4H 200 SMA); Resistance: 8910 (21-EMA)

Central banks are trying to foster cooperation with each other amidst the evolution of the financial sector and corporate giants entering the payment industry.

Bitcoin futures platform Bakkt has announced that it is opening up its bitcoin custody services to all institutions.

Venture capital firm Andreessen Horowitz will be launching a 7-week crypto educational program in February that aims to foster the growth of blockchain adoption and attract talented individuals.

Bitcoin rewards app Lolli has partnered with global shopping giant Alibaba.com, whereby its users can earn 5% bitcoin back when shopping on Alibaba.com.

A Chinese state-run news agency has released a positive result about Bitcoin, spurring speculations that the country might be changing its stance on cryptocurrency amidst massive blockchain adoption.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

The blockchain-based coffee e-marketplace launched by the Coffee Board of India (CBoI) earlier this year has gained significant momentum in the past couple of months with thousands of farmers registering on the platform.

Eric Wall, a former blockchain lead at Cinnober, has joined Oslo, Norway-based Arcane Crypto, a bitcoin investment fund targeting high net worth Scandinavians and institutional investors around the globe.

Support: 8.307 (21-EMA); Resistance: 8.984 (55-EMA)

Update: The Central Bank of Tunisia (BCT) has refuted recent reports about the launch of its digital currency, e-dinar. It has quashed the reports of not only the issuance of the digital currency but also its relation…

China will reportedly spend $2 billion on its blockchain projects after Chinese President Xi Jinping highlighted the importance of technology for the country’s development.

Beowulf, a full-fledged decentralized cloud communications network for enterprise and consumers, has announced a global partnership with Coinplug, a leading blockchain technology company based in South Korea. This str…

Support: 0.2500 (Trendline); Resistance: 0.2711 (21-EMA)

European payments giant Worldline has signed a letter of intent with Swiss crypto firm Bitcoin Suisse to offer cryptocurrency payment services to Swiss merchants and consumers both at the point of sale and in e-Commerce.

Support: 0.2673 (Daily cloud); Resistance: 0.2842 (55-EMA)

The German Federal Financial Supervisory Authority (BaFin) has launched a market survey on cryptocurrency derivatives last week.

Support: 182.69 (20-DMA); Resistance: 193.88 (21W EMA)

Tether is disputing the claims of a study accusing the stablecoin of manipulating Bitcoin’s price, firing back that researchers are cherry-picking data to suit their agenda.

Wirex, a UK FCA-regulated digital money platform, has launched a new next-generation Wirex Visa Travelcard, which it believes can transform APAC’s $800 billion payments industry.

The crypto space is currently in need of more blockchain experts as governments and private companies have been launching blockchain-related initiatives in a bid to streamline their operations.

Support: 8651 (Cloud base); Resistance: 9097 (110-EMA)

The Monetary Authority of Singapore (MAS), in collaboration with J.P. Morgan and Temasek, has developed a blockchain-based prototype for multi-currency payments.

Tencent has successfully acquired a license from the SFC for its virtual bank initiative, highlighting yet again the importance of blockchain technology for the financial sectors.

DigiFinex Korea, a leading digital asset exchange, has been selected as SCOPE’s debut stage where security is key to business

European Union to create encompassing law for Libra, other stablecoins Recent reports suggested that the European Union may be looking to create its own central bank digital currency (CBDC). But it appears that the un…

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

British banking giant Standard Chartered is the latest to join the Enterprise Ethereum Alliance (EEA), a member-led organization that aims to advance enterprise blockchain deployments leveraging Ethereum-based technol…

Support: 8.217 (21-EMA); Resistance: 9.031 (55-EMA)

Russia is currently planning to create a regulatory framework that would protect the country from the proliferating crimes that are committed in cyberspace.

The United States Customs and Border Protection (CBP) will be using blockchain technology for tracking oil imports from Canada.

Support: 0.2664 (Daily cloud); Resistance: 0.2850 (55-EMA)

The crypto-friendly Silvergate Bank managed to get the go-ahead from the SEC to launch its initial public offering, with each share valued at $12.

A blockchain alliance has been struck between the Shanghai Municipal Commission of Commerce, Shanghai Customs, and six other banks that aims to streamline the custom department’s operation.

Leading crypto exchange Bithumb unveiled its new blockchain platform at its first Bithumb Family Conference in Seoul on Nov. 6.