Crypto.com receives license as a payment institution in Brazil.
Crypto.com has obtained a Payment Institution License from the Central Bank of Brazil, the crypto exchange said. The license allows the company to continue offering regulated fiat wallet services in the country, where the Crypto.com Visa card has been available since 2021.
Binance is now under intense scrutiny after the FTX debacle.
Crypto exchange Binance is facing questions over its reserves and is under DOJ investigation, putting investors caught out by FTX’s implosion on edge.
Solana-based Raydium exchange victim of 7-figure exploit.
Solana-based decentralized exchange platform Raydium confirmed in a tweet that it had been the victim of an exploit. At press time, around $2 million worth of different cryptocurrencies was sitting in the account of an attacker that managed to maliciously withdraw user funds from Raydium exchange pools.
BTC/USD saw a minor rise of 0.2% in the last session.
The Bitcoin got a slight bump of 0.2% against the Dollar in the last session. The CCI’s positive signal contradicts our overall technical analysis.
The CCI is currently in the positive zone.
ETH/USD rose 0.4% in the last session.
The Ethereum-Dollar pair rose 0.4% in the last session. The MACD is giving a negative signal.
The MACD is currently in negative territory.
XRP/USD rose 0.4% in the last session.
The Ripple rose 0.4% against the Dollar in the last trading session. The Stochastic indicator is giving a negative signal.
The Stochastic indicator is giving a negative signal.
LTC/USD saw a minor rise of 0.2% in the last session.
The Litecoin-Dollar pair made a minor upwards correction in the last session, rising 0.2%. According to the CCI, we are in an oversold market.
The CCI points to an oversold market.
Daily Economic Calendar:
JP BoJ Interest Rate Decision
The BoJ Interest Rate Decision is announced by the Bank of Japan. The interest rates are a key mechanism through which the central bank influences inflation.
Japan’s BoJ Interest Rate Decision will be released at 03:00 GMT, the US Housing Starts at 13:30 GMT, the Eurozone’s Consumer Confidence at 15:00 GMT.
US Housing Starts
The Housing Starts captures how many new single-family homes or buildings were constructed. It is a key indicator of the housing market.
EMU Consumer Confidence
The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity.
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 13:55 GMT, Japan’s BoJ Monetary Policy Statement at 03:00 GMT, Germany’s Producer Price Index at 07:00 GMT.
JP BoJ Monetary Policy Statement
The Monetary Policy Statement is released by the Policy Board of the Bank of Japan. The statement gives clues for future changes in monetary policy.
DE Producer Price Index
The Producer Price Index measures the average changes in prices in primary markets by producers of commodities in all states of processing.
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.
