In Todays Headline Television CryptoDaily News:
Dash blockchainย tech stopped processing transactions
Dash, a blockchainย tech powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks. Afterย theย news, Binanceย Cryptoย exchange announced that its own mining pool for DASH would suspend the distribution of mining bonus until the blockchainย tech resumes block production.
Biden wonโt accept debt deal protecting cryptocurrency traders
United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit cryptocurrency traders. Attending the Group of 7 Summit in Hiroshima, Japan, Biden wasย known the Republicansโ proposed terms โunacceptableโ.
Bitcoinย (BTC) not bouncing back
Bitcoinย (BTC) price has been unable to bounce back from the collapse witnessed at the beginning of the 30ย days. The impact on investors, onย theย brighterย side, has not been as wholeย lotย of since their behavior has not changed much since the end of March.
BTC/USD gained 0.6 percent in the last session.
The Bitcoin-Dollar pair rose 0.6 percent in the last session after gaining as much as 1.2 percent during the session. The Ultimate Oscillator gives a positive signal. Support is at 26331.3333 and resistance is at 27499.3333.
ETH/USD rose 0.8 percent in the last session.
The last session saw Ethereumย (ETH) gain 0.8 percent against the Dollar. The MACD is giving a positive signal. Support is at 1782.10 and resistance is at 1838.91.
The MACD is asย ofย now in the positive zone.
XRP/USD gained 0.7 percent in the last session.
The Ripple-Dollar pair gained 0.7 percent in the last session after growing as much as 2.1 percent during the session. The Ultimate Oscillator gives a positive signal. Support is at 0.4455 and resistance is at 0.4766.
The Ultimate Oscillator is asย ofย now in the positive zone.
LTC/USD dove 1.3 percent in the last session.
The Litecoin-Dollar pair dove 1.3 percent in the last session. The ROCโs positive signal is in line with the overall technical analysis. Support is at 90.2067, and resistance is at 94.3667.
The ROC is asย ofย now in the positive zone.
Daily Economic Calendar:
Unitedย States New Home Sales
The number of New Home Sales is an important measure of housing market conditions. A high reading signifies a stronger economic outlook and consumer sentiment. The Unitedย States New Home Sales will be released at 14:00 GMT, the Unitedย States Redbook Index at 12:55 GMT, and the Eurozoneโs Current Account at 08:00 GMT.
Unitedย States Redbook Index
The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.
EMU Current Account
The Current Account measures the net flow of current transactions, including goods, services, and interest payments into and out of the local economy.
JP Jibun Bank Manufacturing PMI
The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector. Japanโs Jibun Bank Manufacturing PMI will be released at 00:30 GMT, Japanโs Jibun Bank Services PMI at 00:30 GMT, and the UKโs Public Sector Net Borrowing at 06:00 GMT.
JP Jibun Bank Services PMI
The Jibun Bank Services Purchasing Managers Index (PMI) captures the business conditions in the services sector. The services PMI is an important indicator of the overall economic conditions.
Unitedย Kingdom Public Sector Net Borrowing
The Net Borrowing captures the new debt held by the Unitedย Kingdom Government, i.e., the fiscal deficit in the Unitedย Kingdom national accounts.
