Crypto Technicals: BCH/USD bounces off strong trendline support, break above 21-EMA (228.68) to see bullish continuation
Support: 219.37 (5-DMA); Resistance: 228.74 (21-EMA)
Support: 219.37 (5-DMA); Resistance: 228.74 (21-EMA)
Support: 157.60 (trendline); Resistance: 179 (converged 21-EMA and 20-DMA)
Support: 8094 (5-DMA); Resistance: 8326 (21-EMA)
US Fed actively looking and debating digital currency issuance: Dallas Fed President Robert Kaplan A Fed official has recently said that the central bank was in fact “actively looking at and debating” the possibility …
In a new filing, the U.S. Securities has responded to Telegram’s counterclaim, arguing that the messaging giant is likely to violate federal securities laws again.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
A US lawmaker has condemned the letter sent by Senators Brian Schatz and Sherrod Brown in which they warned Visa, Mastercard, and Stripe “to proceed with caution” over their involvement in the Libra project.
Support: 209 (Trendline); Resistance: 230.98 (21-EMA)
Tech giant IBM has announced a new initiative to digitize the supply chain for scallops using blockchain technology.
Reliance Industries, an Indian multinational conglomerate, plans to digitize two important documents involved in the exchange and transport of goods using blockchain technology.
Support: 0.2752 (nearly converged 21 and 55 EMA); Resistance: 0.3006 (21W EMA)
Dunamu, the operator of South Korean cryptocurrency exchange Upbit, is planning to launch a comprehensive over-the-counter (OTC) trading platform for unlisted securities.
Support: 167.50 (Oct 6 low); Resistance: 179 (converged 5 and 20 DMAs)
A G7 working group has said that global stablecoins (GSCs) can pose challenges to the international monetary system, while also noting their potential to facilitate a more efficient global payment system.
Support: 52 (trendline); Resistance: 57.19 (21-EMA)
Support: 7765 (55W EMA); Resistance: 8394 (21-EMA)
Messaging giant Telegram has filed a response to the U.S. Securities and Exchange Commission (SEC), which obtained a restraining order last week against the company alleging that it conducted an unregistered token sal…
The government of Bermuda has teamed with Shyft Network to develop a blockchain-based national identity system.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, is teaming up with Indian IT firm Tech Mahindra and American software company Pega to launch a blockchain-based traceability solution.
Messaging giant Telegram is looking to push back the launch of its TON blockchain project to April 30, 2020, from the initial deadline of October 30, 2019.
Support: 0.014490 (88.6% Fib); Resistance: 0.016547 (55-EMA)
The 1st International Health Informatics Conference (HEALTHINFO I) was organized at the University of Technology of Ho Chi Minh City with the theme “Gearing towards the Future Solutions for Smart Hospitals in Vietnam”…
Dubai-based property developer Emaar, best known as the firm behind the world’s tallest building, Burj Khalifa, is going to launch a blockchain-based referral and loyalty platform later this year.
Ripple’s investment arm Xpring has made an investment in Swedish crypto startup Towo Labs. The amount of investment has not been disclosed.
Support: 208.85 (Trendline); Resistance: 232.47 (21-EMA)
A number of central banks around the world, including the People’s Bank of China (PBoC), the Swiss National Bank (SNB), Eastern Caribbean Central Bank (ECCB), and Sweden’s Riksbank, are exploring digitized versions of…
Support: 48.67 (78.6% Fib); Resistance: 57.22 (21-EMA)
Global auditing giant EY has launched a new blockchain solution to help improve the financial management of public funds by governments.
Support: 167.50 (Oct 6 low); Resistance: 179 (converged 5 and 20 DMAs)
Support: 7762 (55W EMA); Resistance: 8229 (20-DMA)
A total of 28 organizations, including 18 banks, 3 security exchanges and other large institutions, have participated in a global trial involving collateralized tokens.
The government of Bermuda has started accepting USD Coin (USDC), a USD-backed stablecoin from Circle and Coinbase, as payment for taxes, fees and other government services, Circle announced in an online post on Octobe…
The Oxford English Dictionary (OED), published by the Oxford University Press, has included “satoshi” in its comprehensive English language vocabulary compilation.
Support: 49.75 (Trendline); Resistance: 57.17 (21-EMA)
The government of South Korea is pushing to implement blockchain technology in the country’s trade finance sector by 2021, CoinDesk reported.
Support: 0.2718 (21-EMA); Resistance: 0.3008 (21W-EMA)
Crypto investment startup Layer1 has raised $50 million in a Series A funding round from a number of prominent investors including PayPal co-founder Peter Thiel and early-stage investor Shasta Ventures, Fortune reported.