Hana Financial Invests in Dunamu to Expand Digital Asset Operations
- Significant Investment: Hana Financial Group's investment in Dunamu, valued at approximately 1.003 trillion won ($668 million), positions it as the fourth-largest shareholder in Dunamu, reflecting its strategic focus on the digital asset sector.
- Equity Structure Change: Following the transaction, Hana Bank will own about 6.55% of Dunamu, acquiring approximately 2.28 million shares, which underscores its significant role in South Korea's crypto market, especially with the upcoming Digital Asset Basic Act.
- Deepening Blockchain Collaboration: Prior to the investment, Hana and Dunamu collaborated on several blockchain financial projects, including testing overseas remittance infrastructure using Dunamu's Giwa Chain network to enhance the speed and efficiency of cross-border transfers.
- Improving Regulatory Environment: As South Korea's regulatory framework becomes more favorable, traditional financial institutions are increasing their participation in digital assets; Hana's investment signifies a strategic move towards future digital payment infrastructure and stablecoin-related financial services.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BANK 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, BANK 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 $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.022 | 0.0275 | 0.0337 | 0.0392 | 0.0454 | 0.0509 | 0.0571 |
| Fibonacci | 0.0275 | 0.032 | 0.0348 | 0.0392 | 0.0437 | 0.0465 | 0.0509 |
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