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🗞 Daily Crypto News, December, 25th💰

76
5 years ago
in#cryptocurrency

  • China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms ;
  • What was this year? ;
  • Meltem Demirors on Government Digital Currencies and Why ‘The Halvening’ Gets Weird ;
  • Bitcoin and Altcoins Consolidate Above Key Supports ;
  • Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020 ;
  • 🗞 Daily Crypto News, December, 25th 💰
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms

The stock exchange of China’s technology capital Shenzhen, the Shenzhen Stock Exchange (SSE), launched an index tracking the performance of 50 blockchain firms.

According to an announcement on Dec. 24, the index will be based on the stocks of 50 companies listed on the SSE that participate in the blockchain industry.

The top 50 blockchain-related stocks are ranked based on their average daily market value over the past six months. The index is updated two times per year: on the second Friday of June and December.

🗞What was this year?

2019 had it all: from Libra to China “seizing the opportunity,” to DeFi and exchange bosses dying in mysterious circumstances, there was no shortage of innovation and controversy for CoinDesk to report on. We asked 100 entrepreneurs, investors, thinkers and others to sum up the big happenings, trends and countertrends. Share your thoughts with #yearinreview2019. Happy Holidays.

🗞 Meltem Demirors on Government Digital Currencies and Why ‘The Halvening’ Gets Weird

One of CoinDesk’s ten most influential people of 2019, Meltem Demirors is a crypto renaissance woman, known best for investing, operating as CSO of CoinShares, and for explaining ‘shitcoins’ to Congress.

In this end of year Breakdown, Meltem argues explains why the entrance of governments to the digital asset game is the most significant story of 2019, as well as suggesting that the presence of an entirely new financial infrastructure around bitcoin means the halvening is likely to be unlike what anyone thinks.

🗞 Bitcoin and Altcoins Consolidate Above Key Supports

  • Bitcoin price is consolidating above the USD 7,100 and USD 7,000 support levels.
  • Ethereum is holding the USD 125 support and XRP is trading near USD 0.192.
  • LUNA gained more than 15% and MATIC is up around 8% today.

Similarly, most major altcoins are trading above key supports, including ethereum, XRP, bitcoin cash, litecoin, EOS, BNB, ADA, TRX and XLM. ETH/USD is trading above the USD 125 support and it could revisit the USD 130 resistance. XRP/USD is consolidating near the USD 0.190 level and it is facing hurdles near USD 0.195.

🗞 Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020

Cryptocurrency investment is among the top five investor threats for 2020, according to the North American Securities Administrators Association (NASAA).

The NASAA, the oldest international investor protection organization, has officially announced the top five products or schemes likely to defraud investors in the coming year. In order to provide the report, the authority surveyed state and provincial securities regulators across the United States, Canada and Mexico.

🗞 Daily Crypto News, December, 25th 💰

  • MesChain (MES)

"Video contest starts Dec 25 and ends Jan 18."

  • Waves (WAVES)

"@Bettertokens has just announced that the subsidy programme for project assessment was extended through 25 December 2019..."

  • DEEX (DEEX)

On December 25 (or earlier), Deex opens a service for loaning secured by crypto in fiat currencies.

  • Elrond (ERD)

"We are pushing hard for a 'before-Christmas' deadline..."

  • Doge Token (DOGET)

"Doge Token (DOGET) will be airdropped to Stellar Lumens (XLM) holders.... Snapshot will be taken on December 25th 2019, 2 PM GMT -5."

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9ULD8SRpv5AhJr3cNPRfft4ZEDwZvU3HccUepVQ6MwCNZSZBvrHhQCx6reNQoSfBwUqAJ81Dos3KPRp?format=match&mode=fit&width=640

Here is the current chart :

https://steemitimages.com/p/HNWT6DgoBc14riaEeLCzGYopkqYBKxpGKqfNWfgr368M9Uw6Dp9yfknzZjmbspDmW3Vm3cVGupC5TsGiZ3Bv2BmrwdxkLzdWncn96PvboUbzoeR64Gkig7WhxGv?format=match&mode=fit&width=640

We have really difficulties to take some space from that level of 0.124$. That we break it with a UP or a DWON, it stays a major level that the market likes to go test. So as we broke the support line at 0.138$, the next support is that level of 0.124$ and the market is now going in this direction to test it and try to break it. Let's see what will be the result of that test : a bounce or a break...

Last Updates

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5 years ago
vlemon76
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