Crypto mining firm Foundry buys some of Compute North’s assets.
Crypto mining and staking firm Foundry will buy two “turnkey” crypto mining assets with a total of 17 megawatt capacity from bitcoin miner Compute North, which filed for Chapter 11 bankruptcy protection in late September.
Why Binance Coin, Litecoin, and Zcash Are Seeing Double-Digit Surges Today
Ahead of today’s highly anticipated release of the minutes from the last Federal Open Market Committee (FOMC) meeting, investors in a range of risk assets see notable surges. In the cryptocurrency space, this is certainly true, with many top tokens seeing double-digit gains in today’s session.
EL Salvador steps forward to issuing controversial Bitcoin bonds.
El Salvador’s presidency dispatched a digital-securities bill to lawmakers, taking the nation a step closer to raising $1 billion via the world’s first sovereign blockchain bond.
BTC/USD skyrocketed 1.6% in the last session.
The Bitcoin-Dollar pair skyrocketed 1.6% in the last session. The Williams indicator gives a positive signal. Support is at 15373.6667 and resistance is at 16699.6667.
The Williams indicator is currently in positive territory.
ETH/USD skyrocketed 2.9% in the last session.
The Ethereum-Dollar pair gained 2.9% in the last session after rising as much as 4.2% during the session. The MACD gives a negative signal, which matches our overall technical analysis. Support is at 1056.0533 and resistance is at 1183.4733.
The MACD is currently in negative territory.
XRP/USD gained 0.9% in the last session.
The Ripple-Dollar pair gained 0.9% in the last session after rising as much as 1.6% during the session. The Stochastic-RSI indicates an overbought market. Support is at 0.3414 and resistance is at 0.3953.
The Stochastic-RSI is signalling an overbought market.
LTC/USD exploded 10.8% in the last session.
The Litecoin-Dollar pair skyrocketed 10.8% in the last session. The MACD gives a positive signal, which matches our overall technical analysis. Support is at 57.7567 and resistance is at 77.5367.
The MACD is currently in the positive zone.
Daily Economic Calendar:
DE IFO – Business Climate
The IFO Business Climate index is regarded as an early indicator of current conditions and business expectations. The Institute surveys enterprises on their assessment of the economic situation. Germany’s IFO – Business Climate will be released at 09:00 GMT, Germany’s IFO – Current Assessment at 09:00 GMT, Germany’s IFO – Expectations at 09:00 GMT.
DE IFO – Current Assessment
The IFO Current Assessment regarded as an indicator of current conditions and business expectations in Germany. The Institute surveys enterprises on their assessment of the current business situation and their short-term planning.
DE IFO – Expectations
The IFO Expectations are regarded as an indicator of business expectations for the next six months. It is based on a survey in which firms rate the future outlook as better, the same, or worse.
JP Tokyo Consumer Price Index
The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained from the retail prices of a representative shopping basket of goods and services. Japan’s Tokyo Consumer Price Index will be released at 23:30 GMT, Japan’s Tokyo CPI at 23:30 GMT, Japan’s Jibun Bank Manufacturing PMI at 00:30 GMT.
JP Tokyo CPI
The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained from the retail prices of a representative shopping basket of goods and services.
JP Jibun Bank Manufacturing PMI
The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector.
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.
