Latest news — Page 1287

Singaporean fintech startup Xfers is launching a pilot stablecoin initiative powered by Zilliqa blockchain platform.

Support: 183.07 (21-EMA); Resistance: 192.09 (110-EMA)

Hong Kong has recently bolstered its crypto regulation, releasing a position paper that requires crypto exchanges to acquire an SFC license if they’re offering trading services in security tokens.

Hong Kong just launched a massive event this week that will explore initiatives like AI and digital ledger technology aimed at helping the fintech ecosystem grow.

North Korea, which has been accused of crypto theft in the past, reportedly used a Hong Kong-based blockchain firm to carry out money laundering activities.

The Responsible Sourcing Blockchain Network (RSBN) has successfully completed a pilot project and is now targeting to go live in spring 2020.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Storj Labs just announced that it will discontinue its conversion programs that allow for the one-to-one conversion of SJCX to STORJ tokens, with the deadline set on Jan. 1.

China’s National Development and Reform Commission (NDRC) seems to have scrapped its plan to eliminate bitcoin mining industry from the country.

Support: 279.63 (110-EMA); Resistance: 232.63 (200-DMA)

The House of Representatives is slated to vote on a bill that would widen the CFTC’s authority in the crypto space amidst the global evolution of the financial sector.

Finland has now approved five crypto services to operate in the country after the law on the sector was put in place months prior.

Support: 0.2734 (55-EMA); Resistance: 0.2990 (23.6% Fib)

Hyperledger blockchain consortium has launched a new program that will offer training and professional certification to service providers to ensure that they are well equipped to install, configure, operate, manage an…

Support: 62.15 (55-EMA); Resistance: 67.74 (110-EMA)

The Finnish EU presidency drafted a proposal for the creation of digital currency by the European Central Bank in the wake of global digital currency efforts by corporate giants.

Data storage blockchain protocol Arweave has raised $5 million in token-based funding round, led by a16z crypto.

Support: 61.16 (55-EMA); Resistance: 68.67 (110-EMA)

Blockchain security company CipherTrace has announced anti-money laundering (AML) on-chain analytics for Binance Chain, Binance’s public blockchain platform.

Support: 186.26 (5-DMA); Resistance: 192.13 (110-EMA)

Ripple is still battling a lawsuit from lead plaintiff Bradley Sostack after it tried to dismiss the case by bringing up a statute of repose that expired in 2016.

The decentralized communication network pioneer, Beowulf Blockchain, today has enlisted the services of Sydney-based Trade Promotion Agency with a multichannel distribution strategy to expand business development effo…

Turkey President Recep Tayyip Erdogan has mandated the development of the country’s central bank digital currency (CBDC) to be finished by 2020 to attract global investors.

Cryptocurrency exchange Binance has announced the launch of Russian Ruble (RUB) fiat gateway in partnership with Advcash, a payment platform combining crypto, fiat and prepaid card features.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Chinese tech giant Huawei has entered into a strategic cooperation agreement with the People’s Bank of China’s (PBoC) Digital Currency Research Institute for fintech research.

The Einstein Exchange offices are being seized by authorities following orders from the Supreme Court of British Columbia due to clients complaining they can’t access their assets.

Stellar has just burned half of its Lumen supply, bringing it down from 105 billion to 50 billion, 20 billion of which is currently in circulation.

Coca Cola’s bottlers are looking to blockchain technology to improve the management and efficiency of cross-company transactions, Business Insider reported.

Support: 0.07239461; Resistance: 0.08911584

The U.S. Federal Reserve is looking to hire a new manager that would carry out research on the application of stablecoins, digital currencies, and distributed ledger technology.

Microsoft is currently developing the Azure Blockchain Platform that will allow business to define, create and manage ledger-based tokens.

Support: 279.15 (110-EMA); Resistance: 323.59 (200-DMA)

Support: 0.2907 (21-EMA); Resistance: 0.2996 (21W EMA)

TRON is currently celebrating yet another milestone after surpassing 4 million users on its platform following TRX’s integration into Samsung’s decentralized app store.

Hybrid blockchain platform Kadena has announced its proof-of-work (PoW) blockchain, which began as Chainweb, is now live.

Support: 61.03 (55-EMA); Resistance: 60.74 (110-EMA)

The International Organization of Securities Commissions (IOSCO) believes that stablecoin, a digital currency with its value pegged to fiat currencies such as the U.S. dollar or euro, could fall under the existing sec…