Tether and Bitfinex enter new project
Peer-to-peer application building platform Holepunch announced the alpha launch of its encrypted video calling application called Keet, backed by stablecoin issuer Tether, crypto platform Bitfinex, and distributed systems developer Hypercore.
Crypto.com approved as crypto broker by Cyprus SEC.
Cryptocurrency exchange Crypto.com has been approved to operate in Cyprus as crypto broker days after the exchange won regulatory approval in Italy. The CySEC approved the exchange to offer “a suite of products and services to customers” while complying with local rules, the firm said in a statement.
Ethereum price retracing, ripple hovering.
Ethereum price is retracing after retesting the $1,700 hurdle and is likely to continue doing that until BTC establishes a directional bias. Ripple price is hovering above the $0.340 level, a significant barrier that could make or break the altcoin.
BTC/USD dove 4.0% in the last session.
The Bitcoin-Dollar pair dove 4.0% in the last session. The CCI’s negative signal is in line with the overall technical analysis. Support is at 21875.0657 and resistance at 23353.0657.
The CCI is giving a negative signal.
ETH/USD dove 8.0% in the last session.
The Ethereum-Dollar pair dove 8.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 1489.9933 and resistance at 1713.8733.
The Stochastic-RSI is currently in the negative zone.
XRP/USD plummeted 5.1% in the last session.
The Ripple-Dollar pair dove 5.1% in the last session. The Stochastic indicator is giving a negative signal. Support is at 0.3498 and resistance at 0.3712.
The Stochastic indicator is currently in the negative zone.
LTC/USD plummeted 5.2% in the last session.
The Litecoin-Dollar pair dove 5.2% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 54.7367 and resistance at 61.5567.
The Ultimate Oscillator is currently in negative territory.
Daily Economic Calendar:
US S&P/Case-Shiller Home Price Indices
The S&P/Case-Shiller Home Price Indices examines changes in the value of the residential real estate market in 20 regions across the US. The US S&P/Case-Shiller Home Price Indices will be released at 13:00 GMT, the US Consumer Confidence at 14:00 GMT, and the US New Home Sales at 14:00 GMT.
US Consumer Confidence
Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity.
US New Home Sales
The number of New Home Sales is an important measure of housing market conditions. A high reading indicates a stronger economic outlook and consumer sentiment.
US Redbook Index
The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers. The US Redbook Index will be released at 12:55 GMT, Finland’s Unemployment Rate at 05:00 GMT, and Korea’s Consumer Sentiment Index at 21:00 GMT.
FI Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
KR Consumer Sentiment Index
The Consumer Sentiment Index is a leading survey that measures the level of consumer confidence in economic activity. A high level of consumer sentiment is bullish for the overall economy.
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.
