Table of Contents
- In Todays Headline TV CryptoDaily News:
- The last session saw BTC drop 0.4% against USD.
- ETH/USD exploded 1.0% in the last session.
- XRP/USD rose 0.9% in the last session.
- LTC/USD plummeted 2.9% in the last session.
- Daily Economic Calendar:
In Todays Headline TV CryptoDaily News:
Exchanges’ ETH balances drop to an all-time low
Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between $1,900 and $2,000.
Coinbase loses market share in ETH staking
Crypto exchange Coinbase has lost market share in the booming ether staking business as mounting pressure from US regulators weighs on its staking service. The exchange’s share in ETH staking slipped to 9.7%, the lowest level since May 2021.
Binance forced to stop providing crypto services in Belgium
Binance to halt services in Belgium over allegations of violating the law by serving Belgian customers from countries outside the European Economic Area.
The last session saw BTC drop 0.4% against USD.
The Bitcoin-Dollar pair fell 0.4% in the last session after gaining as much as 1.6% during the session. The MACD is giving a positive signal. Support is at 30030.6667 and resistance at 31082.6667.
The MACD is giving a positive signal.
ETH/USD exploded 1.0% in the last session.
The Ethereum-Dollar pair rose 1.0% in the last session after gaining as much as 2.8% during the session. The CCI indicates an overbought market. Support is at 1843.3667 and resistance at 1919.7667.
The CCI is signalling an overbought market.
XRP/USD rose 0.9% in the last session.
The last session saw Ripple gain 0.9% against the Dollar. The Ultimate Oscillator is giving a positive signal. Support is at 0.4708 and resistance at 0.504.
The Ultimate Oscillator is giving a positive signal.
LTC/USD plummeted 2.9% in the last session.
The Litecoin-Dollar pair dove 2.9% in the last session. The Stochastic indicator is giving a positive signal. Support is at 83.0167 and resistance at 97.0367.
The Stochastic indicator is giving a positive signal.
Daily Economic Calendar:
US Dallas Fed Manufacturing Business Index
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity. The US Dallas Fed Manufacturing Business Index will be released at 14:30 GMT, the US 3-Month Bill Auction at 15:30 GMT, Germany's IFO – Business Climate at 08:00 GMT.
US 3-Month Bill Auction
Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity.
DE IFO – Business Climate
The IFO Business Climate index is regarded as an early indicator of current conditions and business expectations. The Institute surveys enterprises on their assessment of the economic situation.
DE IFO – Current Assessment
The IFO Current Assessment regarded as an indicator of current conditions and business expectations in Germany. The Institute surveys enterprises on their assessment of the current business situation and their short-term planning. Germany's IFO – Current Assessment will be released at 08:00 GMT, Japan's Coincident Index at 05:00 GMT, Japan's Leading Economic Index at 05:00 GMT.
JP Coincident Index
The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy.
JP Leading Economic Index
The Leading Economic Index is an economic indicator that consists of 12 indices such as account inventory ratios, machinery orders, stock prices and other leading economic indicators.
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.