Table of Contents
- In Todays Headline TV CryptoDaily News:
- BTC/USD dove 2.0% in the last session.
- ETH/USD dove 2.3% in the last session.
- XRP/USD dove 2.5% in the last session.
- LTC fell 0.8% against USD in the last session.
- Daily Economic Calendar:
In Todays Headline TV CryptoDaily News:
Cryptocurrency revenue at Robinhood drops
Online trading platform Robinhood reported cryptocurrency trading revenue of $38 million for Q1 2023, a decline of around 30% compared to $54 million for the year-earlier period, according to the company's earnings results. On a quarterly basis, however, crypto revenue declined just 1%.
Crypto derivatives market share hits all-time high
Cryptocurrency derivatives trading volume on centralized exchanges fell in April, but spot trading volume declined even more, pushing the derivatives market share up to a new all-time high. The market share of crypto derivatives trading rose to a record 77.6%
Marathon first-quarter earnings beat estimates
Marathon Digital Holdings, one of the largest publicly traded crypto miners in North America, reported a narrower-than-forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift the Las Vegas-based company back toward profitability.
BTC/USD dove 2.0% in the last session.
The Bitcoin-Dollar pair dove 2.0% in the last session. The Stochastic-RSI indicates an oversold market. Support is at 261221 and resistance is at 290881.
The Stochastic-RSI points to an oversold market.
ETH/USD dove 2.3% in the last session.
The Ethereum-Dollar pair plummeted 2.3% in the last session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis. Support is at 1751.741 and resistance is at 1931.41.
The Stochastic indicator is giving a negative signal.
XRP/USD dove 2.5% in the last session.
The Ripple-Dollar pair plummeted 2.5% in the last session. The RSI is giving a negative signal. Support is at 0.404 and resistance is at 0.447.
The RSI is currently in negative territory.
LTC fell 0.8% against USD in the last session.
The Litecoin-Dollar pair dropped 0.8% in the last session after rising as much as 1.1% during the session. The ROC is giving a negative signal, which matches our overall technical analysis. Support is at 75.6333 and resistance is at 84.6733.
The ROC is giving a negative signal.
Daily Economic Calendar:
UK Industrial Production
Industry is a basic category of business activity. Changes in the volume of the physical output of the nation's factories, mines, and utilities are measured by the index of industrial production. The UK's Industrial Production will be released at 06:00 GMT, the UK's Gross Domestic Product at 06:00 GMT, and the US Export Price Index at 12:30 GMT.
UK Gross Domestic Product
The Gross Domestic Product is a measure of the total value of all goods and services produced by a country. The GDP is considered a broad measure of economic activity and health.
US Export Price Index
The Export Price Index measures the changes in the prices of exported goods and services.
JP CFTC JPY NC Net Positions
The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. Japan's CFTC JPY NC Net Positions will be released at 20:30 GMT, Finland's Current Account at 05:00 GMT, and the French Consumer Price Index at 06:45 GMT.
FI Current Account
The Current Account measures net flow of current transactions, including goods, services, and interest payments into and out of the local economy.
FR Consumer Price Index
The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services.
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.