Singapore's BLOOM Initiative Seeks to Revolutionize Digital Finance

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 17 2025

Should l Buy OXT?

Introduction of BLOOM Initiative: The Monetary Authority of Singapore (MAS) has launched the BLOOM initiative to enhance digital finance, focusing on regulated stablecoins and tokenized bank liabilities, evolving from Project Orchid.
Strengthening Digital Finance Infrastructure: BLOOM aims to improve cross-border transactions and multi-currency settlements, involving major banks and fintech firms, which could reshape regional finance sectors and attract private investment.
Financial and Regulatory Outcomes: The initiative is expected to expand multi-currency settlements and enhance compliance standards, with global institutions participating to support broader systemic adoption.
Long-term Potential: BLOOM may lead to improved interoperability between private and public blockchain systems, capitalizing on historical trends of increasing adoption of digital finance solutions.

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Technical Analysis for OXT

Technical Sentiment Analysis for Orchid (OXT) As of , Orchid (OXT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OXT 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 stock.

Support, Resistance & Moving Averages From a structural perspective, OXT 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 $-.

Orchid (OXT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00953	0.0122	0.0153	0.018	0.0211	0.0238	0.0269
Fibonacci	0.0122	0.0144	0.0157	0.018	0.0202	0.0215	0.0238

About OXT

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN).Launched in December 2019, Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network.Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.The service is pay-per-use, meaning that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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