SEC asks Grayscale to withdraw FIL trust application
The SEC asked Grayscale to withdraw its application to launch a Filecoin trust product, the asset manager revealed. Grayscale said in a press release that it had received a comment letter from the federal securities regulator saying FIL "meets the definition of a security."
Ripple’s XRP goes up after latest court ruling
XRP, the native token of Ripple Labs Inc.’s blockchain ecosystem, jumped the most in about seven weeks after investors interpreted a court ruling as favorable for the crypto payments company.
Tether will buy Bitcoin for reserves
Stablecoin issuer Tether will regularly buy bitcoin for its stablecoin reserves using a portion of its profits starting this month as part of a new investment strategy focused on the largest cryptocurrency by market capitalization, the firm announced.
BTC/USD gained 0.9% in the last session.Bitcoin gained 0.9% against the Dollar in the last session. The ROC is giving a negative signal. Support is at 26674.6667 and resistance is at 27502.6667.
The ROC is giving a negative signal.
ETH/USD remained largely unchanged in the last session.Ethereum-Dollar price remained largely unchanged in the last session. The MACD is giving a negative signal. Support is at 1784.7967 and resistance is at 1849.5367.
The MACD is giving a negative signal.
XRP/USD rose 0.5% in the last session.The Ripple-Dollar pair gained 0.5% in the last session. The ROC is giving a positive signal, which matches our overall technical analysis. Support is at 0.4106 and resistance is at 0.4587.
The ROC is giving a positive signal.
LTC/USD skyrocketed 4.6% in the last session.The Litecoin-Dollar pair exploded 4.6% in the last session. The ROC is giving a positive signal, which matches our overall technical analysis. Support is at 84.6267 and resistance is at 93.0267.
The ROC is currently in positive territory.
Daily Economic Calendar:US Initial Jobless Claims
The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance. The US Initial Jobless Claims will be released at 12:30 GMT, the US Continuing Jobless Claims at 12:30 GMT, and Japan's National Consumer Price Index at 23:30 GMT.
US Continuing Jobless Claims
The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits.
JP National Consumer Price Index
The National Consumer Price Index measures price movements obtained by comparing the retail prices of a representative shopping basket of goods and services.
UK GfK Consumer Confidence
The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The UK's GfK Consumer Confidence will be released at 23:01 GMT, Australia's Employment Change at 01:30 GMT, and Australia's Unemployment Rate at 01:30 GMT.
AU Employment Change
The Employment Change is a measure of the change in the number of employed people, which in turn shows the strength of the Labour market.
AU Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
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.
