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Crypto Daily - Daily Crypto And Financial News 25/07/2022, Ethereum On The Rise

Crypto Daily - Daily Crypto And Financial News 25/07/2022, Ethereum On The Rise

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In Todays Headline TV CryptoDaily News:

Crypto woes spread as Celsius, Babel links hit another exchange.

ZIPMEX, a cryptocurrency exchange that operates in Singapore and Thailand, has halted withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry.

Attacking healthcare organizations in the US.

The U. S Department of Justice announced this past week that around $500,000 in Bitcoin has been seized from North Korean threat actors who were using Maui ransomware to attack healthcare organizations in the United States.

This bullish pattern terrifies Ethereum competitors ahead of the Merge.

Ethereum has printed a classic bullish reversal pattern against Bitcoin in the weeks leading up to the Merge. Exchange reserves of Ethereum have hit a four-month low, indicating that the community is preparing for the transition to Proof-of-Stake.

BTC/USD skyrocketed 1.3% in the last session.

The Bitcoin-Dollar pair skyrocketed 1.3% in the last session. The MACD is giving a positive signal. Support is at 21418.6667 and resistance at 23506.6667.

The MACD is giving a positive signal.

ETH/USD skyrocketed 3.4% in the last session.

The Ethereum-Dollar pair exploded by 3.4% in the last session. The RSI is giving a positive signal. Support is at 1439.4067 and resistance at 1651.0867.

The RSI is currently in the positive zone.

XRP/USD skyrocketed 1.0% in the last session.

The Ripple-Dollar pair skyrocketed 1.0% in the last session. The ROC is giving a positive signal. Support is at 0.3443 and resistance at 0.3701.

The ROC is giving a positive signal.

LTC/USD skyrocketed 4.8% in the last session.

The Litecoin-Dollar pair skyrocketed 4.8% in the last session. The ROC's positive signal is in line with the overall technical analysis. Support is at 53.331, and resistance is at 58.711.

The ROC is currently in the positive zone.

Daily Economic Calendar:

US Dallas Fed Manufacturing Business Index

The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity. The US Dallas Fed Manufacturing Business Index will be released at 14:30 GMT, the US Chicago Fed National Activity Index at 12:30 GMT, the US 3-Month Bill Auction at 15:30 GMT.

US Chicago Fed National Activity Index

The Chicago Fed National Activity Index, released by the Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure.

US 3-Month Bill Auction

Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity.

JP BoJ Monetary Policy Meeting Minutes

The Bank of Japan publishes a study of economic movements in Japan, known as the meeting minutes, after the actual meeting. Japan's BoJ Monetary Policy Meeting Minutes will be released at 23:50 GMT, Germany's IFO – Current Assessment at 08:00 GMT, and Germany's IFO – Expectations at 08:00 GMT.

DE IFO – Current Assessment

The IFO Current Assessment is regarded as an indicator of Germany's current conditions and business expectations. The Institute surveys enterprises to assess their current business situation and short-term planning.

DE IFO – Expectations

The IFO Expectations is regarded as an indicator of business expectations for the next six months. It is based on a survey in which firms rate the future outlook as better, same, or worse.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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