Latest news — Page 1309

In a major update, Facebook has revealed the list of potential currencies that will back its Libra cryptocurrency, Bloomberg reports.

Crypto futures platform Bakkt has announced that the bitcoin deposited at its regulated custodian, Bakkt Warehouse, is protected by a $125 million insurance policy.

Stablecoin firm Tether has released a new stablecoin pegged one-to-one to the offshore Chinese yuan (CNH).

Support: 178.44 (5-DMA); Resistance: 197.58 (50-DMA)

Bitcoin exchange PrimeXBT has entered into a partnership with blockchain development firm Bitfury Group to ensure regulatory compliance.

Public blockchain platform Ontology has made a strategic investment in Vid, a social video platform slated to launch this year. The details of the investment have not been disclosed.

The Stellar Development Foundation (SDF), a non-profit organization behind the open-source Stellar blockchain network, is launching a $121 million airdrop in cooperation with encrypted messenger Keybase.

Netki, a provider of KYC-AML compliance tools for crypto and blockchain firms, has announced that it has updated its TransactID solution to ensure compliance with the FATF “Travel Rule.”

Support: 69.28 (5-DMA); Resistance: 73.80 (4H 200 SMA)

Cryptocurrency investor and venture capitalist Tim Draper has joined the board of MakeSense Labs, the provider of a messaging app built on the EOS blockchain. The recent appointment follows the launch of Sense.Chat on…

U.K.-based hedge fund manager Nickel Asset Management has secured $50 million for a newly launched crypto investment fund, Nickel Arbitrage Fund, according to a report by CoinDesk.

Finney, the first blockchain-powered smartphone in the world, will soon be released in Bangladesh, according to The Daily Star.

Liechtenstein Cryptoassets Exchange (LCX) announced that it has entered into a partnership with renowned Hollywood actor Dr. Wesley Snipes to tokenize a $25 million movie together.

The Superintendent of Cryptoactive and related activities of Venezuela (SUNACRIP) has launched an application that allows users to convert crypto-crypto, crypto-fiat and fiat-crypto values, according to state-run VTV.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

The government of Catalonia has launched a new project to create decentralised and self-sovereign digital identity based on distributed ledger technology (DLT).

The competition in the blockchain smartphone market is likely to get more intense as recent reports suggest that South Korean electronics giant LG is also entering this space.

Support: 83.602 (5-DMA); Resistance: 96.713 (50-DMA)

Russian banking giant Sberbank, in collaboration with Singapore-based multinational commodity trading company Trafigura, has conducted a blockchain-based pilot transaction for the supply of West Siberian oil, Ledger I…

Global rating agency Moody’s expects blockchain standards to emerge by the year 2021, which could lead to considerable time and cost savings.

Post-trade financial service firm Depository Trust & Clearing Corporation (DTCC) and Accenture, a global accounting giant, have revealed a distributed ledger technology (DLT) operating model to manage risks and conseq…

Support: 176.14 (5-DMA); Resistance: 198.21 (50-DMA)

Kerala Blockchain Academy (KBA) has launched Kerala Blockchain Academy Innovation Club (KBAIC) - 'Decentralised' India Chapter, with the objective of providing global exposure to student members from across campuses, …

Support: 10164 (20-DMA); Resistance: 10909 (cloud base)

Cryptocurrency exchanges Coinbase and Ripple have failed to secure spots in the LinkedIn’s top 10 startups list for 2019.

Spanish soccer team Atlético de Madrid has entered into a partnership with sports blockchain Chiliz to create fan tokens, a platform that will enable fans to score special access to merchandise, information, and exper…

Encrypted messaging giant Telegram is inching closer to launching its blockchain, Telegram Open Network (or TON).

Turkey’s Istanbul Clearing, Settlement, and Custody Bank (Takasbank) revealed on Friday a physically-backed, blockchain-based electronic platform for trading gold, dubbed as BiGA.

Support: 67.69 (5-DMA); Resistance: 70.50 (21-EMA)

A cryptocurrency whale has moved a whopping 94,504 bitcoin (worth more than $1 billion dollars) and paid $700 in Bitcoin network fees, according to Twitter-based transaction monitor Whale Alert. To put that into persp…

Dapp.com, a decentralized app data and analytics platform, has secured $1 million Pre-A investment from Korean blockchain accelerator and investment fund Hashed, Du Capital, and others.

Blockchain startup DappRadar, a platform designed to monitor and analyze decentralized app data, has scored $2.3 million in investment led by Naspers Ventures, with participation from Blockchain.com Ventures and Angel…

Dutch central bank to start integrity supervision of crypto exchanges and wallet providers from January 2020 De Nederlandsche Bank (DNB), the central bank of the Netherlands, has announced it will start regulating fir…

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Klaytn, a blockchain platform developed by Kakao’s blockchain subsidiary Ground X, has officially unveiled KlaytnPhone – the blockchain variant of Samsung’s flagship smartphone series Galaxy Note10.

Chat giant LINE has announced that its LVC Corporation, its subsidiary focused on its virtual currency and blockchain related business, has obtained a license to operate a cryptocurrency exchange in Japan.

Support: 9.10 (Dec 7th 2018 low); Resistance: 12.402 (21-EMA)

Nasdaq has announced that it is adding fundamental crypto rating and price forecasting data to Quandl, a data platform providing financial, economic and alternative datasets.