Latest news — Page 1333

Major Cryptocurrency Daily Trend/ Technical Outlook

Bittrex is the latest cryptocurrency exchange to adopt Chainalysis’ real-time monitoring software, CoinDesk reported.

Major Cryptocurrency Intraday Support Resistance Levels

Cryptocurrency exchange Coinbase has announced that New York-based customers now have access to both Stellar Lumens (XLM) and Chainlink’s LINK token, CoinDesk reported.

Major Support Levels: S1: 0.8871 (50H SMA) S2: 0.82 (Major Trendline) S3: 0.6325 (Channel base)

Blockchain startup SETL has launched a new initiative which will offer a way to clients to test their ideas on the industrial-grade SETL blockchain and swiftly develop go-to-market propositions at scale.

Lloyds Bank, one of the "Big Four" clearing banks in the United Kingdom, has announced that it is joining blockchain-based commodity trade network komgo.

Support: 54.90 (78.6% Fib), Resistance: 60.95 (50H SMA)

Support: 52.00 (Trendline); Resistance: 61.68 (5-DMA)

Libra co-founder David Marcus described the current financial services system as too old and argued why the existing payments system needs to be replaced with blockchain-based payment networks.

In a recent survey, KPMG found the growing willingness among consumers across all age groups to make purchases with tokens, identifying loyalty programs as a key area where businesses can leverage blockchain to transf…

Financial firm SoFi has added zero-fee cryptocurrency trading to its SoFi Invest platform.

Support: 145.75 (Trendline); Resistance: 183.44 (5-DMA)

EOS blockchain parent firm Block.one is opening another site in Washington, D.C. metropolitan region, making the new location its fourth global site.

Cryptocurrency data provider Skew has secured $2 million to enhance its data offering for the cryptocurrency derivatives market.

Crypto investment fund 1Confirmation, founded by former Coinbase employee Nick Tomaino, has secured $45 million in a second round.

Blockchain analytics platform Elementus has raised $3.5M in a seed round led by Morgan Creek Digital.

Support: 8333 (200-DMA); Resistance: 8658 (2H 21-EMA)

Fold App, an independent startup that enables people to use Bitcoin Lightning Network, has raised $2.5 million and added a fiat currency payment option.

Leading insurance broker Marsh has announced that it is piloting a new blockchain-powered digital placement platform.

Daimler, a German automotive corporation and parent company of Mercedes Benz, and machine builder Dürr AG have successfully processed a trade finance transaction via Marco Polo, a blockchain-based trade finance network.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

The United States House of Representatives has passed a new bill that requires the Financial Crimes Enforcement Network (FinCEN) to study emerging technologies including blockchain.

Major Support Levels: S1: 53.00 (Trendline) S2: 48.67 (78.6% Fib) S3: 42.40 (Feb 27 low)

Support: 54.90 (78.6% Fib); Resistance: 61.21 (21H EMA)

Cryptocurrency exchange bitFlyer has announced that its European and American subsidiaries are adding support for a number of new cryptocurrencies.

Support: 168.35 (78.6% Fib); Resistance: 243.03 (61.8% Fib)

The United States Securities and Exchange Commission (SEC) has started its proceedings to determine whether to approve or disapprove a proposed bitcoin exchange-traded fund (ETF).

Luno, formed in 2013, was immediately recognised as the first fully integrated cryptocurrency wallet on the planet. From there, the company developed a platform for different types of cryptos but always stayed true to…

Support: 146 (trendline and Apr 25 low); Resistance: 177.25 (21H EMA)

Bitfinex is no longer required to continue turning over documents to the New York Attorney General (NYAG)’s office, as per the ruling of the Appellate Division of the New York Supreme Court.

Japanese financial services giant Monex Group revealed it would be granting Bitcoins as a mid-term shareholder benefit for the fiscal year of 2019.

The governor of Bank of Japan Haruhiko Kuroda has called for international efforts to regulate digital cryptocurrencies such as Facebook’s forthcoming Libra token.

Support: 8311 (200-DMA); Resistance: 8995 (21H-EMA)

NEO has become the first blockchain organization member to join the Microsoft-created .NET Foundation.

Digital asset custodian Knøx has raised $8.25 million in a seed round and launched a custody service for insurance institutions and fiduciaries.

Cryptocurrency exchange Binance announced that it has been officially recognized by the International Organization for Standardization as an information security management system.

Securitize, a compliance platform for digitizing securities on the blockchain, has raised $14 million in the latest funding round.

Flipside Crypto, a crypto-focused data analytics company, has raised $7.1 million in a Series Seed Prime round led by Galaxy Digital Ventures, The Block reported.