LG collabs with Hedera Blockchain to launch NFT marketplace on its smart TVs.
South Korean consumer electronics company LG has partnered with Hedera Network to launch an NFT marketplace called LG Art Lab with the aim of boosting NFT adoption on its smart TVs.
Bitcoin vs Ethereum
Despite their dominance, these cryptos function very differently from one another. Let’s take a deeper look at how Bitcoin and Ethereum compare. Bitcoin and Ethereum are fundamentally different beasts. The former is the first cryptocurrency, designed as …
Crypto real estate: the property market built on digital assets.
Portugal’s first property sale in cryptocurrency might have looked unremarkable, but it didn’t feel that way to those who had been working for nearly a year to make it happen.
BTC/USD dove 1.2% in the last session.
The Bitcoin-Dollar pair plummeted 1.2% in the last session. The Williams indicator indicates an oversold market. Support is at 19440.6573 and resistance is at 20300.6853.
The Williams indicator is signalling an oversold market.
ETH/USD skyrocketed 1.2% in the last session.
The Ethereum-Dollar pair skyrocketed 1.2% in the last session. The CCI is giving a positive signal. Support is at 1527.381 and resistance at 1606.461.
The CCI is currently in positive territory.
XRP/USD corrected downwards by 0.1% in the last session.
The Ripple dipped a slight 0.1% against the Dollar in the last session. The Stochastic indicator is giving a positive signal. Support is at 0.3258 and resistance at 0.3356.
The Stochastic indicator is currently in the positive zone.
LTC/USD dove 1.2% in the last session.
The Litecoin-Dollar pair dove 1.2% in the last session. The ROC is giving a negative signal, going against our overall technical analysis. Support is at 57.81 and resistance at 62.541.
The ROC is giving a negative signal.
Daily Economic Calendar:
JP JP Foreign Reserves
The Foreign Reserves are the total of a country’s gold holdings and convertible foreign currencies held by its central bank. Japan’s JP Foreign Reserves will be released at 23:50 GMT, Finland’s Trade Balance at 06:00 GMT, and the Dutch Consumer Price Index at 04:30 GMT.
FI 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.
NL Consumer Price Index
The Consumer Price Index measures price movements by comparing the retail prices of a representative shopping basket of goods and services.
AU RBA Rate Statement
Decisions regarding the interest rates are made by the Reserve Bank Board and are explained in a media release that announces the decision after each meeting. Australia’s RBA Rate Statement will be released at 04:30 GMT, Australia’s RBA Interest Rate Decision at 04:30 GMT, and the US ISM Services PMI at 14:00 GMT.
AU RBA Interest Rate Decision
The RBA Interest Rate Decision is announced by the Reserve Bank of Australia. The interest rates are a key mechanism through which the central bank influences inflation.
US ISM Services PMI
The ISM Services PMI shows the business conditions outside of the manufacturing sector, taking into account expectations for future production, new orders, inventories, employment, and deliveries.
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.
