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Crypto Daily - Daily Crypto And Financial News 02/08/2022, Ripple Sold Almost $500M Of XRP In Q2 2022

Crypto Daily - Daily Crypto And Financial News 02/08/2022, Ripple Sold Almost $500M Of XRP In Q2 2022

In Todays Headline TV CryptoDaily News:

Almost half-a-billion.

Remittance network Ripple has sold more than $400 million worth of XRP in the second quarter of 2022, emphasizing the surge in demand for the XRP token and its On-Demand Liquidity service.

Honduras attracts crypto investor tourists with Bitcoin Valley.

Santa Lucia, Honduras has launched the Bitcoin Valley initiative in conjunction with the local Blockchain Honduras organization, a crypto exchange, and a local university.

Launch of iFOREX crypto trading platform.

iFOREX, a leading global financial broker with offices in the British Virgin Islands, recently launched iFOREX Crypto, a mobile trading app dedicated exclusively to the cryptocurrency CFD trading market.

BTC/USD dove 1.2% in the last session.

The Bitcoin-Dollar pair plummeted 1.2% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 22601.3333 and resistance at 24557.3333.

The Stochastic-RSI is currently in negative territory.

ETH/USD plummeted 2.9% in the last session.

The Ethereum-Dollar pair plummeted 2.9% in the last session. The CCI is giving a negative signal. Support is at 1614.2033 and resistance at 1786.3433.

The CCI is currently in negative territory.

XRP/USD dove 1.7% in the last session.

The Ripple-Dollar pair fell 1.7% in the last session after gaining as much as 1.7% during the session. The MACD is giving a positive signal. Support is at 0.3651 and resistance at 0.4057.

The MACD is giving a positive signal.

LTC/USD dove 2.0% in the last session.

The Litecoin-Dollar pair dove 2.0% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 57.511 and resistance at 64.091.

The Ultimate Oscillator is currently in negative territory.

Daily Economic Calendar:

AU RBA Interest Rate Decision

The Reserve Bank of Australia announces the RBA Interest Rate Decision. The interest rates are a key mechanism through which the central bank influences inflation. Australia's RBA Interest Rate Decision will be released at 04:30 GMT, Australia's RBA Rate Statement at 04:30 GMT, and Japan's 10-y Bond Auction at 03:35 GMT.

AU RBA Rate Statement

Decisions regarding the interest rates are made by the Reserve Bank Board and are explained in a media release that announces the decision after each meeting.

JP 10-y Bond Auction

The auction sets the average yield on the bonds auctioned off. Bond market investors set yields, which can be used to estimate investors' outlook on future interest rates.

US JOLTS Job Openings

The JOLTS Job Openings is a survey to help measure job vacancies. It collects monthly data from employers, retailers, manufacturers, and offices. The US JOLTS Job Openings will be released at 14:00 GMT, the US Redbook Index at 12:55 GMT, and Spain's Unemployment Change at 07:00 GMT.

US Redbook Index

The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.

ES Unemployment Change

The Unemployment Change measures the absolute change in the number of unemployed people using seasonally adjusted data. A rise in this indicator has negative implications for consumer spending.

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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