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Premier League Team Sponsor Sued, Crypto Daily TV 05/09/2022

Premier League Team Sponsor Sued, Crypto Daily TV 05/09/2022

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In Todays Headline TV CryptoDaily News:

Crypto betting and casino website that sponsors Everton hit with a lawsuit.

The crypto gambling website Stake.com has been hit with a lawsuit worth £350million after a former business partner of the company's owners claims he was bullied out of the business.

FTX to halt Ethereum deposit and withdrawals during Merge

Crypto exchange FTX announced they would halt ETH deposits and withdrawals during the Merge. Only trading will be allowed.

Brazil’s SEC wants broader oversight over the crypto market.

Brazil’s Securities and Exchange Commission is planning to introduce changes to the country’s cryptocurrency regulatory framework. The SEC’s proposed changes come after the appointment of a new board and the rise of crypto activities in the country.

BTC/USD saw a minor rise of 0.1% in the last session.

The Bitcoin-Dollar pair saw a minor rise of 0.1% in the last session. The ROC is giving a negative signal. support is at 19459.7173 and resistance at 20249.5653.

The ROC is currently in negative territory.

ETH/USD rose 0.8% in the last session.

The Ethereum-Dollar pair rose 0.8% in the last session after gaining as much as 1.5% during the session. The MACD is giving a positive signal. Support is at 1512.9033 and resistance at 1603.8833.

The MACD is currently in positive territory.

XRP/USD gained 0.6% in the last session.

The Ripple rose 0.6% against the Dollar in the last trading session. The CCI is giving a positive signal. Support is at 0.3228 and resistance at 0.3375.

The CCI is currently in positive territory.

LTC/USD traded sideways in the last session.

The Litecoin-Dollar price remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal. Support is at 58.0533 and resistance at 63.1533.

The Stochastic indicator is currently in positive territory.

Daily Economic Calendar:

EMU Retail Sales

Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. The Eurozone's Retail Sales will be released at 09:00 GMT, Japan's Jibun Bank Services PMI at 00:30 GMT, and Japan's Labor Cash Earnings at 23:30 GMT.

JP Jibun Bank Services PMI

The Jibun Bank Services Purchasing Managers Index (PMI) captures the business conditions in the services sector. The services PMI is an important indicator of the overall economic conditions.

JP Labor Cash Earnings

The Labor Cash Earnings shows the average income, before taxes, per regular employee. It is an early indicator of consumer consumption.

JP Overall Household Spending

The Overall Household Spending is an indicator that measures the total expenditures of households. The level of spending can be used as an indicator of consumer optimism. Japan's Overall Household Spending will be released at 23:30 GMT, the UK's BRC Like-For-Like Retail Sales at 23:01 GMT, and China's Caixin Services PMI at 01:45 GMT.

UK BRC Like-For-Like Retail Sales

The British Retail Consortium Like-For-Like Retail Sales measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis.

CN Caixin Services PMI

The Caixin Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies.

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.

Investment Disclaimer

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