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Ever since the renowned social media company, Facebook announced that they too test their luck in blockchain or crypto-universe, there’s been huge speculation over the news as the social media giant is intending to establish blockchain technology team. As a result, they are seeking techno-savvies to develop blockchain ecosystem, as per the Facebook’s official careers page so that Facebook could incept a stablecoin through which their clients can transfer money via WhatsApp. As time progressed, we have been observing the flurry of news flows on the back of this development.
Recently, a blockchain developing team has designed and developed a digital wallet that enables their users to access crypto-assets and use services via their favorite messaging applications such as WhatsApp. Well, with that perspective, with a view of propagating the awareness of crypto adoption, Wuabit’s WhatsApp service is almost set to roll-out, followed by the similar efforts at providing functionality for Telegram, Facebook messenger, and Viber as well by their the developing team. With the help of Wuabit service, users most likely to exchange and trade pertaining to crypto-assets.
This service is reportedly illustrated by the AI-driven developers, which is exclusively meant to allow WhatsApp users for Bitcoin payments in its messaging application.
While the crypto benchmark BTC tanked by -1.73% in this week so far, while the overall crypto market cap fell by -0.5%.
Technically, after BTCUSD has shown failure swings at stiff resistance of $4,168 levels, the pair has slid below 21-DMAs again (and thereby, $4k mark). But, the bulls and bears continue to wage an extended war between the tight range of $3,970 - $4000 psychological price levels, the majority of the crypto market experienced middling performance with a few select altcoin markets surging strongly. The pair has formed doji, bearish engulfing & hanging man at $4,073, $4,044 and $4,127.28 levels respectively.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -84 levels (which is bearish), USD is at -24 (mildly bearish), while articulating (at 12:50 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
