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Feds Seize of $1B In Stolen Bitcoin, Crypto Daily TV 9/11/2022

Feds Seize of $1B In Stolen Bitcoin, Crypto Daily TV 9/11/2022

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In Todays Headline TV CryptoDaily News:

Feds announce seizure of $1 billion in stolen Bitcoin.

The Justice Department announced a historic seizure of 50,000 stolen Bitcoin that is currently worth roughly a billion dollars. An investigator called the heist “a sophisticated scheme” designed to hide the ill-gotten cryptocurrency.

Russia's central bank is working to integrate crypto into finance.

The Central Bank of Russia is considering the integration of cryptocurrencies into its traditional finance system, according to a report on digital assets released.

Hong Kong takes on Singapore for Asia’s crypto crown.

Hong Kong has kicked off a contest to become Asia’s crypto capital as investors and executives warn rival Singapore may be squandering its head start with its pivot to stricter regulation. Last week, the sudden shift in Hong Kong towards clear rules for retail investors to trade digital assets followed years of regulatory ambiguity.

BTC/USD dove 9.7% in the last session.

The Bitcoin-Dollar pair dove 9.7% in the last session. The RSI is giving a negative signal. Support is at 20045.3333 and resistance is at 21365.3333.

The RSI is giving a negative signal.

ETH/USD plummeted 15.6% in the last session.

The Ethereum-Dollar pair dove 15.6% in the last session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis. Support is at 1513.381 and resistance is at 1635.041.

The Stochastic indicator is currently in the negative zone.

XRP/USD plummeted 13.7% in the last session.

The Ripple-Dollar pair plummeted 13.7% in the last session. The ROC is giving a negative signal. Support is at 0.4466 and resistance is at 0.4889.

The ROC is currently in negative territory.

LTC/USD plummeted 15.9% in the last session.

The Litecoin-Dollar pair dove 15.9% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 62.3433 and resistance is at 75.4633.

The Ultimate Oscillator is currently in the negative zone.

Daily Economic Calendar:

US MBA Mortgage Applications

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered a leading indicator of the U.S Housing Market. The US MBA Mortgage Applications will be released at 11:00 GMT, the US EIA Crude Oil Stocks Change at 15:30 GMT, and Germany's 10-y Bond Auction at 10:30 GMT.

US EIA Crude Oil Stocks Change

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, released by the Energy Information Administration.

DE 10-y Bond Auction

The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates.

PT Unemployment Rate

The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. The Portuguese Unemployment Rate will be released at 11:00 GMT, Japan's Eco Watchers Survey: Current at 05:00 GMT, Japan's Eco Watchers Survey: Outlook at 05:00 GMT.

JP Eco Watchers Survey: Current

The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends.

JP Eco Watchers Survey: Outlook

The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends.

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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