Latest news — Page 579

Gemini, a Winklevoss brothers-owned exchange, has launched its own custody service, Gemini Custody.

Cryptocurrency exchange Blackmoon is eyeing to be one of the first companies to list Telegram’s upcoming Gram token through a collaboration with Swiss crypto custodian Gram Vault.

NASDAQ, the major stock exchange in the United States, has added crypto index Defix (DEFX) to provide markets information on blockchain projects working in the decentralized finance (DeFi) space.

Major Cryptocurrency Daily Trend/ Technical Outlook

Crypto intelligence firm CipherTrace has announced a new solution to assist cryptocurrency exchanges to comply with the FATF’s “Travel Rule.”

Major Cryptocurrency Intraday Support Resistance Levels

Red Cat, a provider of distributed data storage, analytics and services for the drone industry, has partnered with enterprise blockchain startup GoChain to take the commercial drone industry forward.

R3: 11.42 (nearly converged 200-DMA and 23.6% Fib)

MERJ Exchange, the national stock exchange of the Seychelles, has announced that the digital initial public offering (IPO), which is said to be the first ever blockchain-based IPO, is now live.

Support: 0.0154 (5-DMA); Resistance: 0.0164 (21-EMA)

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)