Gemini to expand in APAC
Crypto exchange Gemini plans to expand in Asia-Pacific, a region it sees as driving the “next wave of growth for crypto.” The expansion comes as Gemini tries to establish itself outside of the U.S., which this year has seen increased regulatory actions against crypto exchanges.
Cardano labeled a "security" by SEC
Cardano, one of the largest competitors of the Ethereum network, was recently labeled a “security” by the US Securities and Exchange Commission. The SEC’s crackdown resulted in a steep decline in ADA price, and the altcoin has been struggling to wipe out its losses since June 5.
Binance, SEC strike deal to keep US customer assets in country
Binance, the world's biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved.
BTC/USD exploded 4.7% in the last session.The Bitcoin-Dollar pair rose 4.7% in the last session after gaining as much as 5.1% during the session. The ROC is giving a negative signal. Support is at 25975.3333 and resistance at 27501.3333.
The ROC is giving a negative signal.
ETH/USD exploded 2.7% in the last session.The Ethereum-Dollar pair exploded 2.7% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1688.841 and resistance at 1772.141.
The Ultimate Oscillator is currently in positive territory.
XRP/USD saw a minor dip of 0.2% in the last session.The Ripple-Dollar pair corrected downwards in the last session, falling 0.2%. The Stochastic indicator is giving a negative signal. Support is at 0.4739 and resistance at 0.5078.
The Stochastic indicator is giving a negative signal.
LTC/USD exploded 3.5% in the last session.The Litecoin-Dollar pair skyrocketed 3.5% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 75.631 and resistance at 78.671.
The Ultimate Oscillator is giving a positive signal.
Daily Economic Calendar:UK Consumer Price Index
The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. The UK's Consumer Price Index will be released at 06:00 GMT, the US Redbook Index at 12:55 GMT, the Belgian Consumer Confidence Index at 09:00 GMT.
US Redbook Index
The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.
BE Consumer Confidence Index
The Consumer Confidence captures the sentiment that individuals have regarding economic activity. A high level of consumer confidence indicates a stronger economy.
NL Consumer Confidence Adj
The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer sentiment is bullish for the overall economy. The Dutch Consumer Confidence Adj will be released at 04:30 GMT, Japan's Foreign Investment in Japan Stocks at 23:50 GMT, Japan's Foreign Bond Investment at 23:50 GMT.
JP Foreign Investment in Japanese Stocks
Securities investment referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency.
JP Foreign Bond Investment
The Foreign Bond Investment refers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency.
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.
