🗞 Daily Crypto News, November 25th 💰

in #bitcoin7 years ago (edited)

  • All-Time High: Ether Prices Pass $440 as Key Level Breached
  • Korea’s Second Largest Bank Building Secure Crypto Wallet Services
  • Philippines to Legalize Bitcoin as a Security
  • Online Bank Swissquote Launches Bitcoin Exchange-Traded Product
  • What Is jWallet?
  • Swiss National Bank Chairman on Crypto: “Central Banks Are Working on This Very Intensively”
  • STEEM Trading Update by @cryptopassion

🗞 All-Time High: Ether Prices Pass $440 as Key Level Breached

Ether looks set to test resistance levels of $465.90-$480 and could extend the rally to $500 levels in short-term.

Technical pullbacks, if any, are likely to be short-lived. Only a sustained move below the 10-day MA would signal the rally has run out of steam.

Read more & Source: https://www.coindesk.com/all-time-high-ether-prices-pass-440-as-key-level-breached/

🗞 Korea’s Second Largest Bank Building Secure Crypto Wallet Services

The report comes after Bithumb servers crashed in November, and private data for 30,000 users was leaked in June. The new service would be more secure than outside services, according to the bank’s spokesman. The bank will offer deposits with no fee, but withdrawals will have a fee attached. Per the bank’s statement:

"It is a service that keeps the Blockchain key through the virtual safe provided by the bank. We are looking for ways to provide a free service when depositing and charge a fee when withdrawing.”

Read more & Source: https://cointelegraph.com/news/koreas-second-largest-bank-building-secure-crypto-wallet-services

🗞 Online Bank Swissquote Launches Bitcoin Exchange-Traded Product

According to a Bloomberg report, Peter Rosenstreich, head of market strategy at the bank, said:

"Investors are excited about the cryptocurrency but are unnerved by its volatility. So we tried to build a trading algorithm that’s a protection against downside risks."

Read more & Source: https://www.coindesk.com/online-bank-swissquote-launches-bitcoin-exchange-traded-product/

🗞 What Is jWallet?

Most people will agree that Ethereum is a valuable addition to the world of cryptocurrency and blockchain. Although the system is not without its flaws, significant progress has been made over the past two and a half years. However, when it comes to Ethereum wallets, there is still some work to be done. Jibrel Network, a Swiss company registered in Zug, is developing the jWallet, a product whose functionality extends far beyond storing cryptocurrencies.

Read more & Source: https://themerkle.com/what-is-jwallet/

🗞 Swiss National Bank Chairman on Crypto: “Central Banks Are Working on This Very Intensively”

International bankers are daily confronted with an eight hundred pound gorilla hogging every conversation, bitcoin. Sberbank’s Herman Gref is begrudgingly accepting of cryptocurrencies in a region openly hostile; Deutsche Bank is dismissive, UBS is cautious, Swiss National Bank is worried, and the European Central Bank views bitcoin as not impactful. Whatever their statements, they’re no longer claiming ignorance.

Read more & Source : https://news.bitcoin.com/world-bankers-realize-bitcoin-is-a-fact-of-our-life/

STEEM Trading Update by @cryptopassion

The correct after the big UP looks finished and the STEEM want go test again the resistance line :

As drawn on my chart, we should try to continue the up and go test the resistance line with some litte consolidations.

🗞 Daily Crypto News, November 24th💰
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🗞 Daily Crypto News, November 19th💰

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Ether blasting off, i was wondering why it wasn't following bit coin up, but here we go

The price of Bitcoin seems to be driven by positive news, such as the announcement of the CME Group, which will offer futures contracts on cryptocurrency next month, that of Square, which will soon allow purchases of digital currency through its Square Cash application, or the statement of the Hyosung Group, which announced that its vending machines would soon allow to buy virtual currencies.

We can also mention the intentions of JPMorgan Chase, who would like to offer its customers the opportunity to speculate on the value of Bitcoin - even if its CEO, Jamie Dimon, had recently said that it was a "fraud".

At the same time, all the crypto-currencies of the "top 10" have increased over the last 24 hours - with the exception of Bitcoin Cash, slightly down.

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