Bitcoin believers back to watching stocks after crypto crash.
After a gut-wrenching bout of turbulence and existential angst, digital-asset investors are back to focusing on the mood of the U.S. stock market as a gauge of whether the worst might be over.
Alleged Russian crypto crime boss extradited to San Francisco.
After more than five years of litigation, Alexander Vinnik, the alleged operator of an illicit cryptocurrency exchange used to launder billions of dollars, has been extradited from Greece to San Francisco to stand trial on federal charges.
Crypto finds a bright spot in a stormy summer.
After being caught by surprise last year with a tax provision it wasn’t expecting, the crypto industry increased its lobbying spending and campaign contributions and now has found friends in Congress.
BTC/USD skyrocketed 1.4% in the last session.
The Bitcoin-Dollar pair exploded 1.4% in the last session. The MACD is giving a negative signal. Support is at 22617.8281 and resistance at 23494.3441.
The MACD is giving a negative signal.
ETH/USD skyrocketed 1.2% in the last session.
The Ethereum-Dollar pair skyrocketed 1.2% in the last session. The Williams indicator indicates an overbought market. Support is at 1647.8267 and resistance at 1770.8067.
The Williams indicator is signaling an overbought market.
XRP/USD skyrocketed 1.0% in the last session.
The Ripple-Dollar pair skyrocketed 1.0% in the last session. The Stochastic-RSI is giving a positive signal. Support is at 0.3663 and resistance at 0.3801.
The Stochastic-RSI is currently in the positive zone.
LTC/USD exploded 1.1% in the last session.
The Litecoin-Dollar pair skyrocketed 1.1% in the last session. The Stochastic-RSI is giving a positive signal. Support is at 59.391 and resistance at 63.211.
The Stochastic-RSI is currently in positive territory.
Daily Economic Calendar:
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. The US 3-Month Bill Auction will be released at 15:30 GMT, the US 6-Month Bill Auction at 15:30 GMT, and the Austrian Trade Balance at 07:00 GMT.
US 6-Month Bill Auction
The auction sets the average yield on the bills the US Department of Treasury auctioned. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive.
AT Trade Balance
The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit.
JP Eco Watchers Survey: Current
The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. Japan’s Eco Watchers Survey: Current will be released at 05:00 GMT, Japan’s Eco Watchers Survey: Outlook at 05:00 GMT, and the UK’s BRC Like-For-Like Retail Sales at 23:01 GMT.
JP Eco Watchers Survey: Outlook
The Eco Watchers Survey closely monitors regional economic trends. The survey is considered as basic material for assessing short-term economic trends.
UK BRC Like-For-Like Retail Sales
The British Retail Consortium Like-For-Like Retail Sales measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis.
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.
