Latest news — Page 552

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

Major Cryptocurrency Intraday Support Resistance Levels

Swiss federal government to amend DLT/Blockchain law to strengthen regulation The Swiss federal government is looking to improve its existing financial market regulation that will oversee the crypto industry in the fu…

International Digital Asset Exchange (or IDAX) has announced that the CEO of IDAX global has been missing for unknown reasons since Nov. 24. The identity of the CEO has not been disclosed.

Support: 150.47 (5-DMA); Resistance: 163.79 (21-EMA)

Chinese cryptocurrency exchange Gate.io has announced the official launch of a search tool that will allow users to quickly query blockchain-related terms and insights.

The Bank of Japan (BoJ) has released a research report on central bank digital currency (CBDC), which examined the legal issues surrounding the issuance of CBDC in the country.

Crypto exchange Binance has partnered with TravelByBit to launch a crypto travel reward card, slated for release in early 2020.

The Cardano Foundation has announced the launch of AdaPay solution, which will allow merchants to accept payment in Cardano’s native token, ADA – the eleventh largest cryptocurrency by market capitalization.

Support: 53.46 (5-DMA); Resistance: 56.26 (21-EMA)

3iQ, a Canadian fund manager, announced that it has listed preliminary prospectus for its Bitcoin Fund in relation to an upcoming initial public offering of Class and Class F units.

National Westminster Bank (or NatWest), a leading retail and commercial bank in the United Kingdom, is spearheading a blockchain consortium initiative with Coadjute, a real estate blockchain network, in a bid to strea…

Support: 46.70 (Hourly cloud base); Resistance: 47.64 (200H MA)

Crypto exchange Poloniex has successfully acquired TRXMarket resulting in the exchange changing its name to Poloni DEX.

Blockchain startup Parity Technologies has hired Zilliqa co-founder and former Chief Technology Officer (CTO) Yaoqi Jia as Head of Engineering for Asia.

Support: 7344 (5-DMA); Resistance: 7873 (21-EMA)

The crypto-friendly financial firm Silvergate has added crypto exchange Kraken to its Silvergate Exchange Network, allowing Kraken users to withdraw and deposit with zero fees.

A member of the European Central Bank is calling forth the creation of digital currency and a new payment system, citing risks from other monetary powers that have entered the space.

Coinbase is trying to add another layer of security into its system by patenting a compliance monitoring model that can identify accounts engaged in illicit activities.

WISeKey, a Geneva-based cybersecurity, IoT and blockchain company, has announced the listing of its American Depositary Shares on the Nasdaq. Trading of the ADRs is expected to kick-off on December 4, 2019, under the …

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

EOS New York, a block producer on the EOS Mainnet Blockchain, has raised concerns over centralization of the network.

Support: 6.351 (5-DMA); Resistance: 7.213 (21-EMA)

Klaytn, a public blockchain platform developed by Kakao’s subsidiary Ground X, has announced that three of South Korea’s major conglomerates have joined its Governance Council.

Support: 46.42 (5-DMA); Resistance: 48.42 (200H MA)

In a move that highlights the challenges faced by fintech that wish to make inroads into the financial industry, stock and digital asset trading startup Robinhood had voluntarily withdrawn its bank charter application…

Support: 147.80 (5-DMA); Resistance: 154.11 (200H MA)

The Afghan government has tapped a blockchain company to use the technology in its healthcare sector, with emphasis on solving the prevalent fake drug industry in the country.

One of the Big Four, KPMG, has announced the launch of a blockchain-based ‘track and trace’ platform in Australia, China and Japan.

The Indian government is currently creating a national blockchain strategy that will oversee the development of pilot programs that can be applied to various sectors including trade and finance.

The cryptocurrency industry has lost a staggering $4.4 billion in thefts and scams so far this year, according to crypto analytics firm CipherTrace.

HSBC will be transferring $20B worth of paper records on a blockchain platform as it predicts the rise of private placement in the next three years.

Support: 7395 (200H MA); Resistance: 7919

Bitstop has successfully installed five new Bitcoin ATMs after partnering with Simon Mall and is aiming to reach 500 installations by the end of 2020.

A former executive of the Swiss bank UBS has now partnered with two crypto experts to launch Tokenyz, a digital securities issuance platform to address the outdated system of financial institutions.

The Swiss federal government is trying to improve its current financial regulatory framework that will oversee the growth of the crypto industry within its borders.

The Bank of Ghana (BOG) is the latest central bank that is considering issuing a digital currency.

Major Cryptocurrency Daily Trend/ Technical Outlook