Bitcoin Depot plans to list in the US in a deal valued at $885 million
Fintech Bitcoin Depot plans to list in the United States by merging with blank check company GSR II Meteora Acquisition Corp in a deal valued at $885 million, the companies said.
Post-merge changes.
Antpool to stop supporting Ethereum assets after Merge.
Popular bitcoin mining pool, Antpool has announced its intention to stop managing Ethereum-oriented accounts after the completion of the merge. Antpool directed every participant in its mining pool to integrate Ethereum withdrawal addresses before September 3. According to the protocol, this will enable them to receive their accumulated Ether tokens.
33 gigawatts.
Texas crypto-mining rush may need as much power as entire state of New York.
Enough miners have applied to connect to Texas’s power grid to use up to 33 gigawatts of electricity, the Electric Reliability Council of Texas, which runs the system, said in an email. That’s a third more than what the grid operator’s chief executive officer said in April that officials were preparing to handle over the next decade.
BTC/USD saw a minor dip of 0.1% in the last session.
The Bitcoin-Dollar pair saw a minor dip of 0.1% in the last session. The Ultimate Oscillator is giving a positive signal.
Support is at 19573.3333 and resistance at 20593.3333.
The Ultimate Oscillator is giving a positive signal.
The last session saw ETH fall 0.4% against USD.
The Ethereum-Dollar pair dropped 0.4% in the last session after rising as much as 1.1% during the session. The ROC’s positive signal contradicts our overall technical analysis.
Support is at 1417.0933 and resistance at 1554.9533
The ROC is giving a positive signal.
XRP/USD rose 0.3% in the last session.
The Ripple rose 0.3% against the Dollar in the last trading session. The Stochastic-RSI indicates an oversold market.
Support is at 0.3196 and resistance at 0.3524
LTC/USD exploded 3.8% in the last session.
The Litecoin-Dollar pair skyrocketed 3.8% in the last session. The Ultimate Oscillator is giving a positive signal.
Support is at 51.1767 and resistance at 54.2967
The Ultimate Oscillator is giving a positive signal.
Daily Economic Calendar:
JP Jobs / Applicants Ratio
The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications.
Japan’s Jobs / Applicants Ratio will be released at 23:30 GMT, Australia’s Retail Sales at 01:30 GMT, the US Dallas Fed Manufacturing Business Index at 14:30 GMT.
AU Retail Sales
The Retail Sales measures the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales.
US Dallas Fed Manufacturing Business Index
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state’s factory activity.
FI Consumer Confidence
The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity.
Finland’s Consumer Confidence will be released at 05:00 GMT, Japan’s Unemployment Rate at 23:30 GMT, the US 3-Month Bill Auction at 15:30 GMT.
JP Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
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.
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.
