Latest news — Page 559

Support: 8.307 (21-EMA); Resistance: 8.984 (55-EMA)

Update: The Central Bank of Tunisia (BCT) has refuted recent reports about the launch of its digital currency, e-dinar. It has quashed the reports of not only the issuance of the digital currency but also its relation…

China will reportedly spend $2 billion on its blockchain projects after Chinese President Xi Jinping highlighted the importance of technology for the country’s development.

Beowulf, a full-fledged decentralized cloud communications network for enterprise and consumers, has announced a global partnership with Coinplug, a leading blockchain technology company based in South Korea. This str…

Support: 0.2500 (Trendline); Resistance: 0.2711 (21-EMA)

European payments giant Worldline has signed a letter of intent with Swiss crypto firm Bitcoin Suisse to offer cryptocurrency payment services to Swiss merchants and consumers both at the point of sale and in e-Commerce.

Support: 0.2673 (Daily cloud); Resistance: 0.2842 (55-EMA)

The German Federal Financial Supervisory Authority (BaFin) has launched a market survey on cryptocurrency derivatives last week.

Support: 182.69 (20-DMA); Resistance: 193.88 (21W EMA)

Tether is disputing the claims of a study accusing the stablecoin of manipulating Bitcoin’s price, firing back that researchers are cherry-picking data to suit their agenda.

Wirex, a UK FCA-regulated digital money platform, has launched a new next-generation Wirex Visa Travelcard, which it believes can transform APAC’s $800 billion payments industry.

The crypto space is currently in need of more blockchain experts as governments and private companies have been launching blockchain-related initiatives in a bid to streamline their operations.

Support: 8651 (Cloud base); Resistance: 9097 (110-EMA)

The Monetary Authority of Singapore (MAS), in collaboration with J.P. Morgan and Temasek, has developed a blockchain-based prototype for multi-currency payments.

Tencent has successfully acquired a license from the SFC for its virtual bank initiative, highlighting yet again the importance of blockchain technology for the financial sectors.

DigiFinex Korea, a leading digital asset exchange, has been selected as SCOPE’s debut stage where security is key to business

European Union to create encompassing law for Libra, other stablecoins Recent reports suggested that the European Union may be looking to create its own central bank digital currency (CBDC). But it appears that the un…

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

British banking giant Standard Chartered is the latest to join the Enterprise Ethereum Alliance (EEA), a member-led organization that aims to advance enterprise blockchain deployments leveraging Ethereum-based technol…

Support: 8.217 (21-EMA); Resistance: 9.031 (55-EMA)

Russia is currently planning to create a regulatory framework that would protect the country from the proliferating crimes that are committed in cyberspace.

The United States Customs and Border Protection (CBP) will be using blockchain technology for tracking oil imports from Canada.

Support: 0.2664 (Daily cloud); Resistance: 0.2850 (55-EMA)

The crypto-friendly Silvergate Bank managed to get the go-ahead from the SEC to launch its initial public offering, with each share valued at $12.

A blockchain alliance has been struck between the Shanghai Municipal Commission of Commerce, Shanghai Customs, and six other banks that aims to streamline the custom department’s operation.

Leading crypto exchange Bithumb unveiled its new blockchain platform at its first Bithumb Family Conference in Seoul on Nov. 6.

Support: 57.91 (50-DMA); Resistance: 65.26 (cloud top)

AAX is now live after nearly two years of development offering spot, futures and over-the-counter peer-to-peer trading after the SFC released a new regulation concerning crypto futures contracts.

Digital travel company Webjet has announced the launch of a blockchain platform that will enable users to eliminate discrepancies in hotel bookings.

Support: 183.07 (21-EMA); Resistance: 192.09 (110-EMA)

Tassat Derivatives has acquired swap execution facility (SEF) registration with the U.S. Commodity Futures Trading Commission (CFTC).

Coinbase just announced that it will be incentivizing people with a 5% annual reward by simply holding Tezos.

Sky Mavis, a Vietnamese blockchain game developer and creator of Axie Infinity, has raised around $1.5 million in a fundraising round led by game developer and publisher Animoca Brands.

Support: 9187.99 (200-DMA); Resistance: 9574.89 (100-DMA)

The People’s Bank of China (PBoC) and the Shanghai commerce commission essentially reiterated Xi Jinping’s stance on blockchain technology and its importance in the country’s digital evolution.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Blockchain startup Ripple has announced that it has surpassed 300 customers while registering 10x year-over-year growth in transactions on its global payments network RippleNet.

Support: 0.2781 (50-DMA); Resistance: 0.3242 (200-DMA)