Deloitte Acquires Blockchain Firm Blocknative to Enhance Web3 Innovation
- Acquisition Context: Deloitte's acquisition of blockchain infrastructure firm Blocknative aims to drive Web3 innovation, further solidifying its market position in the crypto sector, reflecting traditional professional services firms' increasing focus on cryptocurrency.
- Blocknative Expertise: Founded in 2018, Blocknative specialized in real-time mempool monitoring, gas fee prediction, and transaction management, providing APIs and tools that enhance Deloitte's capabilities in blockchain technology.
- Service Termination: Following the acquisition, Blocknative confirmed it would cease operations, with its API and Gas Network services winding down by June 19, marking the end of the company's presence in the crypto infrastructure space.
- Industry Trend: This acquisition highlights a consolidation trend within the crypto ecosystem, as smaller infrastructure projects exit the market and talent flows toward larger institutions, indicating the maturation and evolution of the cryptocurrency industry.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0348 | 0.045 | 0.0523 | 0.0626 | 0.0699 | 0.0802 | 0.0875 |
| Fibonacci | 0.045 | 0.0517 | 0.0559 | 0.0626 | 0.0693 | 0.0735 | 0.0802 |
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