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Revolut's 2022 Revenue Up By 33%, Crypto Daily TV 2/3/2023

Revolut's 2022 Revenue Up By 33%, Crypto Daily TV 2/3/2023

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In Todays Headline TV CryptoDaily News:

Kraken pulls back from using signature bank.

Crypto exchange Kraken is pulling back from using crypto-focused bank Signature Bank for some significant financial transactions, according to a report,  in the latest move away from a specific bank by a crypto exchange.

Revolut's 2022 revenues grew by 33%.

Fintech company Revolut registered a 33% revenue jump last year, its finance chief said. Revenues at the company increased to more than $1 billion in 2022 on the back of payments, subscriptions and business accounts, despite a downturn in crypto, which is a key part of the group's business.

Crypto options exchange Deribit to offer Bitcoin volatility futures.

Deribit, the world's largest crypto options exchange by volume, will soon launch bitcoin volatility futures, offering digital asset investors a simpler way than options to hedge against market volatility.

BTC/USD exploded 1.8% in the last session.

The Bitcoin-Dollar pair gained 1.8% in the last session after rising as much as 3.6% during the session. The MACD is giving a negative signal. Support is at 227281 and resistance at 238121.

The MACD is currently in the negative zone.

ETH/USD exploded 3.2% in the last session.

The Ethereum-Dollar pair skyrocketed 3.2% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1568.931 and resistance at 1664.211.

The Ultimate Oscillator is giving a positive signal.

XRP/USD exploded 1.8% in the last session.

The Ripple-Dollar pair exploded 1.8% in the last session. The Williams indicator is giving a positive signal. Support is at 0.3664 and resistance at 0.3875.

The Williams indicator is currently in the positive zone.

LTC/USD skyrocketed 4.1% in the last session.

The Litecoin-Dollar pair exploded 4.1% in the last session. The Williams indicator is giving a positive signal. Support is at 91.4033 and resistance at 97.1833.

The Williams indicator is currently in positive territory.

Daily Economic Calendar:

US Initial Jobless Claims

The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance.  The US Initial Jobless Claims will be released at 13:30 GMT, the US Unit Labor Costs at 13:30 GMT, the Eurozone's Harmonized Index of Consumer Prices at 10:00 GMT.

US Unit Labor Costs

The Unit Labor Cost shows the total cost of employing a labor force. It can serve as an indicator of trends in production costs, share prices, and inflation.

EMU Harmonized Index of Consumer Prices

The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI).

FR 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. The French 10-y Bond Auction will be released at 09:50 GMT, Japan's Unemployment Rate at 23:30 GMT, Japan's Jobs / Applicants Ratio at 23:30 GMT.

JP Unemployment Rate

The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.

JP Jobs / Applicants Ratio

The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications.

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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