Latest news — Page 1294

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.

The Singapore Shipping Association, the International Chamber of Commerce, and Singaporean blockchain firm Perlin are developing an International E-Registry of Ships (IERS) system.

Support: 52.25 (Trendline); Resistance: 57.93 (21-EMA)

Auto giant Ford has launched a pilot program that aims to harness geofencing and blockchain technology to meet urban air quality goals.

Private banking firm YES Bank plans to attract more clients for the next version of its blockchain model, according to a report by the Hindu Business Line.

Support: 167.50 (Oct 6 low); Resistance: 182.30 (21-EMA)

The United States Securities and Exchange Commission (SEC) is seeking comments on an exchange-traded fund (ETF) proposal based on bitcoin and Treasury bonds.

Support: 7762 (Oct 7 low); Resistance: 8249 (20-DMA)

Blockchain analytics company CipherTrace has announced that it has expanded its cryptocurrency intelligence platform to support more than 700 tokens.

TRON co-founder Justin Sun has announced two major partnerships – one with crypto custody firm BitGo and the other with the information security center of State Key Laboratory of Networking and Switching at Beijing Un…

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 214.15 (Lower BB); Resistance: 236.18 (21-EMA)

The Italian Banking Association (ABI) has announced that Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed technical tests.

DeltaTrak, a leading innovator of cold chain management and temperature monitoring solutions, has joined IBM Food Trust.

Digital asset management fund Grayscale Investment has secured regulatory approval from the U.S. Financial Industry Regulatory Authority (FINRA) to publicly quote the shares of its diversified cryptocurrency fund.

Support: 51.60 (Trendline); Resistance: 58.27 (21-EMA)

After seeing a number of departures, the Libra Association charter has signed a total of 21 organizations.

Blockchain startup Ripple has announced that it is leading an investment round in Mexican cryptocurrency exchange Bitso.

Support: 7.936 (200H SMA); Resistance: 8.235 (21-EMA)

Binance, the world’s largest cryptocurrency exchange by trading volume, has teamed up with Swiss fintech firm Amun to launch a new exchange traded product (ETP) with Binance’s native token, BNB, as the underlying asset.

UK-based tokenization startup Smartlands has announced that it is working with IIP Securities, a FINRA-licenced broker-dealer, to bring its security token crowdfunding model to accredited US investors, CoinDesk reported.

Support: 182.95 (21-EMA); Resistance: 188.84 (55-EMA)

Paxos Trust Company, a New York-based exchange and stablecoin operator, has announced the expansion of its product platform with the launch of a Settlement Affirmation service.

Support: 8238 (2H 200 SMA); Resistance: 8522 (21-EMA)

South Korean social media platform Cywork abruptly shut down its services on Oct. 1 without any prior notice, according to a report by The Korea Times. Now, investors of its crypto-asset “Clink” are alarmed as the for…

European digital asset investment firm CoinShares, along with leading crypto wallet Blockchain and MKS (Switzerland) SA, part of precious metal company MKS PAMP GROUP, has launched the DGLD – a network for digital gol…

Canadian messaging app Kik said it is “here to stay,” after it previously announced that it plans to shut down amid legal problems.

Foreign exchange company FXCM Group announced the introduction of cryptocurrency baskets to its retail investors.

Leading automakers, including the likes of BMW, Ford, GM, Groupe Renault, and Honda, are developing a multi-stakeholder Proof of Concept (PoC) for a blockchain-based Vehicle Identity (VID).

Major Cryptocurrency Daily Trend/ Technical Outlook