In Todays Headline Television CryptoDaily News:
Cryptocurrency lender BlockFi files for bankruptcy as FTX ripple effect spreads.
Digital currency lender BlockFi has filed for Chapter 11 bankruptcy protection, the company stated, the latest cryptocurrency casualty following the spectacular collapse of the FTX exchange earlier this month.
‘ Terra (LUNA) Collapse’ Was ‘Start Of Everything’
During the Tuesday hearing, United States Bankruptcy Judge Michael Kaplan authorized BlockFi continuation paying its employees and maintain its bank accounts.
Cryptocurrency exchange Kraken settles with treasury department over Iran sanctions.
On Monday, the Treasury department announced that Kraken, one of America’s largest cryptocurrency exchanges, has settled with the government and agreed to pay greater than $360,000 for apparently violating America’s sanctions laws related to Iran.
BTC/USD exploded 1.6 percent in the last session.
The Bitcoin-Dollar pair skyrocketed 1.6 percent in the last session. The Stochastic indicator is giving a positive signal. Support is at 15765.6667 and resistance is at 16711.6667.
The Stochastic indicator is at present in the positive zone.
ETH/USD skyrocketed 4.5 percent in the last session.
The Ethereum-Dollar pair skyrocketed 4.5 percent in the last session. The CCI is giving a positive signal. Support is at 1125.851 and resistance is at 1219.991.
The CCI is giving a positive signal.
XRP/USD skyrocketed 2.7 percent in the last session.
The Ripple-Dollar pair skyrocketed 2.7 percent in the last session. The ROC is giving a negative signal. Support is at 0.3617 and resistance is at 0.4128.
The ROC is at present in the negative zone.
LTC/USD skyrocketed 3.5 percent in the last session.
The Litecoin-Dollar pair skyrocketed 3.5 percent in the last session. The MACD gives a positive signal, which matches our overall technical analysis. Support is at 68.5733 and resistance is at 77.9733.
The MACD is giving a positive signal.
Daily Economic Calendar:
JP Construction Orders
The Construction Orders released by the Ministry of Land, Infrastructure, Transport and Tourism show the number of orders received by construction companies. Japan’s Construction Orders will be released at 05:00 GMT, Germany’s Unemployment Price at 08:55 GMT, and the United States Gross Domestic Product Annualized at 13:30 GMT.
DE Unemployment Rate
The Unemployment Price measures the percentage of unemployed people in the country. A high percentage signifies weakness in the labor market.
United States Gross Domestic Product Annualized
AU AiG Performance of Mfg Index
The AiG Performance of Mfg Index presents the business conditions in the manufacturing sector. It is based on surveys of manufacturers on their assessment of the business situation. Australia’s AiG Performance of Mfg Index will be released at 21:30 GMT, Japan’s Annualized Housing Starts at 05:00 GMT, and Australia’s Construction Work Done at 00:30 GMT.
JP Annualized Housing Starts
The Annualized Housing Starts captures how several new single-family homes or buildings were constructed annually. It is a key indicator of the housing market.
AU Construction Work Done
The Construction Work Done measures the amount of construction work done in the the previous month. It is a key indicator of the Australian construction sector.
You need to know: This post is provided for informational objectives only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Continue reading on Cryptodaily.co.uk
o provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.