JPMorgan Expands Kinexys Blockchain Currency Support to Eight
- Currency Support Expansion: JPMorgan has added the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi, and Singapore dollar to its Kinexys blockchain platform, increasing the total supported currencies to eight, thereby enhancing flexibility and efficiency in cross-border payments.
- Tokenized Deposit Network Growth: The newly added currencies have joined the Kinexys Blockchain Deposit Account network, which has processed over $4 trillion in transactions to date, with daily transaction volumes exceeding $7 billion, indicating strong market demand and client trust in the platform.
- Early Adopters Confirmed: Payoneer and JERA Global Markets will be among the first to utilize the new features, with Payoneer leveraging the Australian dollar for cross-border payments and JERA emphasizing the critical liquidity of the Japanese yen for energy trading, showcasing the platform's practical application in international payments.
- Infrastructure and Rebranding: Originally named Onyx, Kinexys was rebranded by JPMorgan in November 2024, alongside the launch of its USD-denominated deposit token JPM Coin, which is highlighted as a regulated banking liability, further solidifying the bank's leadership in the digital asset space.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 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 | 0.0277 | 0.0298 | 0.032 | 0.0341 | 0.0363 | 0.0384 | 0.0406 |
| Fibonacci | 0.0298 | 0.0315 | 0.0325 | 0.0341 | 0.0358 | 0.0368 | 0.0384 |
About MAJOR
About the author
