Latest news — Page 551

Support: 42.50 (Trendline); Resistance: 45.89 (5-DMA)

Support: 141.35 (78.6% Fib); Resistance: 148.60(5-DMA)

State Street has apparently gutted its blockchain development team as it decided to move away from its DLT restructuring strategy and focus more on digital asset initiatives.

WisdomTree, a New York-based asset management company, has announced the launch of its first crypto exchange-traded product (ETP) on SIX, the Swiss Stock Exchange.

SoFi Digital Assets, a wholly-owned subsidiary of Social Finance – a U.S.-based online personal finance provider, has become the latest company to secure virtual currency and money transmitter licenses from the New Yo…

Support: 6666 (Lower BB); Resistance: 7345 (5-DMA)

The British Virgin Islands just announced the development of a stablecoin that’s pegged on the U.S. dollar, with more details to be unveiled during the BVI Digital Economy symposium.

The UBS, Commerzbank, and Credit Suisse have successfully executed a transaction on the Eurex Repo F7-trading system and recorded the swap HQLAx’s digital collateral registry.

Italy’s Juventus Football Club has released its own tokens that allow fans to vote on certain team decisions but it appears that not everyone is thrilled about this new development.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

The Reserve Bank of Australia (RBA) has published an Issues Paper as the initial stage of its upcoming Review of Retail Payments Regulation.

Support: 42.00 (Trendline); Resistance: 46.77 (5-DMA)

The United States Securities and Exchange Commission (SEC) has announced Kristina Littman as the new head of its cyber unit.

Cryptocurrency exchange Binance has acquired decentralized applications (dapps) platform DappReview. The terms of the deal have not been disclosed.

Sri Lanka’s central bank is planning to create a KYC platform for its financial sector and is calling out experienced tech companies to apply for its development, with the application deadline set on Dec. 31.

Willkie Farr & Gallagher Law Firm has announced that it will be adding former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo to its ranks.

Support: 4.425 (Trendline); Resistance: 6.343 (5-DMA)

Figure Technologies, the company behind blockchain-based supply chain platform Provenance, has raised over $58 million as part of its $103 million Series C funding round, TechCrunch reported.

The case against Ethereum staff Virgil Griffith is moving forward as authorities believe they have enough evidence for the trial regarding violation of U.S. sanctions.

Support: 141.35 (78.6% Fib); Resistance: 151.00 (5-DMA)

Support: 7231 (61.8% Fib); Resistance: 7468 (5-DMA)

Blockchain startup Waves has shut down its decentralized exchange (DEX) which went live in April 2017, Cointelegraph reported.

Microsoft is collaborating with a gamebook firm and game developer company to create a card game based on the ‘Way of the Tiger,” a fantasy gamebook published in 1985.

The Muroran Institute of Technology, a national university in Hokkaido, Japan, is teaming up with Nippon Telegraph and Telephone West to use blockchain technology for verification of educational records, Nikkei Asian …

Dutch crypto firms are at odds with regulators over the strict alterations made in the 5th Anti-Money Laundering Directive (AMLD5) that could stifle the growth of the nascent industry.

The central bank of South Africa is set to introduce a new rule that would stop people from circumventing currency control, a move that’s currently being contested by the country’s blockchain community.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

An expression of interest (EOI) floated by the Tea Board of India has drawn responses from a number of tech and banking giants, according to a report from the Press Trust of India.

Support: 0.2038 (Lower BB); Resistance: 0.2232 (200H MA)

Cryptocurrency exchange Binance has announced the launch of a new feature and listing of new trading pairs for Russian Ruble (RUB).

CryptoBridge, a decentralized cryptocurrency exchange, has announced its plans to shut down its operations.

The State Information Centre (SIC), China Mobile, and UnionPay jointly sponsored the first Blockchain Service Network Partner Conference on Dec. 01, according to local news outlets.

Support: 4.425 (Trendline); Resistance: 6.491 (5-DMA)

Support: 141.35 (78.6% Fib); Resistance: 151.30 (5-DMA)

The debate on the ban of cryptocurrencies in Russia has once again come to the forefront with the central bank saying that it supports the idea to put a ban on this emerging asset class.

Support: 7331 (200H MA); Resistance: 7500 (5-DMA)

A new regulation will reportedly come into force on January 01, 2020 in Germany, allowing banks to hold and offer cryptocurrencies.

Major Cryptocurrency Daily Trend/ Technical Outlook