Table of Contents
- In Todays Headline TV CryptoDaily News:
- BTC/USD skyrocketed 1.2% in the last session.
- ETH/USD skyrocketed 1.7% in the last session.
- XRP/USD gained 0.7% in the last session.
- LTC/USD exploded 1.0% in the last session.
- Daily Economic Calendar:
In Todays Headline TV CryptoDaily News:
Judge rejects Sam Bankman-Fried's motion to dismiss
The federal judge overseeing FTX founder Sam Bankman-Fried's criminal trial denied his pretrial motions to dismiss criminal charges against him, writing that the exchange's founder did not have standing to dismiss many of these charges and didn't meet the "extraordinary" circumstances for a dismissal.
EU seals deal on crypto bank-capital rules
The EU secured a political deal on new bank-capital legislation, including for cryptoassets, after lawmakers sought “prohibitive” rules to keep unbacked crypto out of the traditional financial system. The deal must be voted on by the EU council and lawmakers to become legislation, a process that can, in practice, take many months.
Binance to not go ahead with European delisting of 12 privacy tokens
Binance has elected to go the opposite way of delisting privacy coins in Europe. The development has happened post improving operations to follow local guidelines. Reportedly, Binance was expected to delist tokens in France, Italy, Spain, and Poland.
BTC/USD skyrocketed 1.2% in the last session.
The Bitcoin-Dollar pair gained 1.2% in the last session after rising as much as 2.4% during the session. The Williams indicator indicates an overbought market. Support is at 29622.3333 and resistance at 31004.3333.
The Williams indicator is signaling an overbought market.
ETH/USD skyrocketed 1.7% in the last session.
The Ethereum-Dollar pair exploded 1.7% in the last session. The ROC's positive signal is in line with the overall technical analysis. Support is at 1803.2133 and resistance at 1933.8533.
The ROC is currently in the positive zone.
XRP/USD gained 0.7% in the last session.
The last session saw Ripple gain 0.7% against the Dollar. The CCI is giving a positive signal. Support is at 0.4601 and resistance at 0.5012.
The CCI is currently in positive territory.
LTC/USD exploded 1.0% in the last session.
The Litecoin-Dollar pair skyrocketed 1.0% in the last session. The CCI is giving a negative signal, going against our overall technical analysis. Support is at 83.7367 and resistance at 91.9567.
The CCI is giving a negative signal.
Daily Economic Calendar:
US MBA Mortgage Applications
The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as 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 14:30 GMT, and Germany's Gfk Consumer Confidence Survey at 06:00 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 Gfk Consumer Confidence Survey
The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity, making it an indicator of consumer spending.
ES Retail Sales
The Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. Spain's Retail Sales will be released at 07:00 GMT, Japan's Large Retailer Sales at 23:50 GMT, and Japan's Retail Trade at 23:50 GMT.
JP Large Retailer Sales
The Large Retailer Sales capture the total value of goods sold in large stores, chain convenience stores, and supermarkets. It indicates the level of consumption and consumer confidence.
JP Retail Trade
The Retail Trade captures the aggregate sales made through a business location in which the principal activity is the sale of merchandise and related 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.