Bitcoin(BTC)

Over the past few weeks, Bitcoin’s price has been consolidating within a narrow range after breaking below the 50-day moving average. The market is currently situated between two notable levels, leaving room for several potential scenarios to unfold. Technical Analysis By: Edris The Daily Chart: The price on the daily timeframe has yet to display […]

Bitcoin (BTC) now trades above $26,000 after the Feds vote to raise the interest rate to the highest point in 16 years but signals a pause for future hikes.  BTC trades hands at $26,737 at the time of writing after falling on May 2. The slight rally comes after the Federal Reserve hikes interest rates […]

Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.

Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key moving average trend line.

Huobi Token is another notable performer on a weekly scale, perhaps due to the positive developments around the exchange.

Singapore, Singapore, May 26th, 2023, ChainwireHuobi announced the launch of Huobi HK and stated that they will provide cryptocurrency trading services to users in HK. Huobi HK will play a significant role in driving Hong Kong towards becoming the global hub for Web3.In the future, users will be able to buy, sell, and hold mainstream cryptocurrencies such as BTC and ETH, as well as other major cryptocurrencies listed on the independent index through Huobi HK. Huobi aims to deliver an excellent trading experience to Web3 users in Hong Kong.Hong Kong has been gradually implementing crypto-friendly policies since last year and recently announced the introduction of "crypto regulations." The Hong Kong Securities and Futures Commission (SFC) has also announced that more details regarding virtual asset trading regulations will come into light starting June 1st, and retail investors may be able to trade digital assets on licensed platforms as early as the second half of 2023.As a cryptocurrency exchange platform with a decade-long history, Huobi is actively involved in the development and construction of Hong Kong's Web3 ecosystem. It is worth noting that during this year's Hong Kong Web3 Carnival, Huobi became a significant contributor to Hong Kong's first Web3 ecosystem fund. Additionally, Huobi is actively preparing to apply for a cryptocurrency trading license in Hong Kong. Huobi aims to open the Hong Kong market in a compliant and regulated manner that will accelerate the development of Hong Kong's Web3 ecosystem.A representative from Huobi stated, "Regulation of Web3 in Hong Kong will contribute to the widespread adoption of cryptocurrencies on a global scale. Huobi will continue to collaborate with regulatory authorities in Hong Kong to support the development of a vibrant Web3 hub."About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" - underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.ContactMichael [email protected]

The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins.

BTC/USD Remains Below 26763: Sally Ho’s Technical Analysis – 27 May 2023 Bitcoin (BTC/USD) remained in a relatively narrow range early in the Asian session as the pair continued to trade below the 26763.44 area, representing the 23.6% retracement of the depreciating range from 29850 to 25810. Decent technical support has recently emerged around the 26351 level, a downside price objective associated with recent selling pressure around the 28334.75 and 27647.82 levels. The recent move lower also represented a test of the 25882.35 area, a downside price objective linked to selling pressure that intensified around the same levels. Related downside price objectives include the 25604.43 and 25124.80 levels. Additional downside price objectives include the 25474, 25442, 24705, 24440, 23208, and 22769 levels. Following recent price activity, areas of technical resistance and potential selling pressure include the 26810, 27046, 27429, 27811, 28430, 29048, 29143, and 29813 levels. Upside retracement levels in recent depreciating ranges include the 27981, 28095, 28700, 28741, 28868, 29243, 29299, and 29284 levels. Above the market, upside price objectives include the 30420.74, 31237.11, 31477.37, 32501.23, 32556.73, 32989.19, 34583.96, 34658.69, 35222.66, 37765.28, and 38403.97 levels. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 26818.17 and the50-bar MA(Hourly) at 26351.17. Technical Supportis expected around25604.51/ 24440.41/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bullishly above MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

With the BTC halving approaching and the markets going through another bearish move, what does this mean for hodlers, and when is the next halving scheduled? Tradecurve offers a convenient trading solution that covers multiple markets using just one wallet, and perhaps the best part is that no KYC is required. >>BUY TCRV TOKENS NOW<< Bitcoin's Halving: What You Need to Know BTC-USD is the most widely traded cryptocurrency pair in the world. Since its introduction in 2009, BTC has experienced several cycles that have shaped its price and value. One of the most significant events is the halving, which occurs approximately every 4 years or every 210,000 blocks created. The next halving is expected to take place around April 2024. During the halving, the mining rate decreases from 6.25 BTC per block to 3.125 BTC per block. The halving is a major event because it reduces the rate at which new Bitcoins are introduced into circulation. With a fixed supply of 21 million coins, reducing the supply of new coins through the halving can increase the scarcity and value of Bitcoin over time. Bitcoin mining involves powerful computers competing to solve complex mathematical problems and add new blocks to the blockchain. The halving cuts these rewards in half, which means miners have to work twice as hard to earn the same amount of BTC. If history is any indication, the halving is a bullish event for BTC, and Bitcoin holders can expect significant volatility after the next halving in April 2024. Tradecurve.io: A Ground-Breaking, Borderless Trading Platform Thanks to DeFi and blockchain technology, everyone has the option to have their wallet keys and maintain control over their investments. Tradecurve takes advantage of this by offering a trading platform created by traders for traders. It combines the best features of centralized and decentralized exchanges. Tradecurve stands out with its cutting-edge trading platform, high leverage, and minimal trading fees. The registration process is simple, and there's no need for KYC verification. Customers can seamlessly join an international ecosystem. Using Tradecurve's brokerage services, people can use cryptocurrency deposits as collateral for trading derivatives and access multiple markets from a single account. Staking pools enable TCRV owners to generate additional passive income. Leverage trading starts at 500:1, and a comprehensive metaverse academy offers numerous options for self-development. The expanding user base enjoys round-the-clock customer service and a regularly updated FAQ section. Token allocation demonstrates a respectable distribution, with 40% of the total supply reserved for presale, 15% for the Tradecurve team, 14% for reserves, 9% for burning, and the remainder for legal advice and listings. Investors are intrigued by Tradecurve's potential, and during the second stage of its presale, TCRV is listed at $0.012. Analysts predict gains of up to 800% for TCRV in the coming month as it gets listed on Uniswap and other major exchanges, and gains of 100x after it launches on Tier 1 exchanges. For more information about TCRV presale tokens: Website: https://tradecurve.io/ Buy presale: https://app.tradecurve.io/sign-up Twitter: https://twitter.com/Tradecurveapp Telegram: https://t.me/tradecurve_official Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Whether by luck, good timing, or a fundamental belief in decentralized finance, hundreds, if not thousands of people, bought large amounts of Bitcoin and still hold them to date. As they are commonly known, Bitcoin whales exert significant influence over the market, with their activity influencing prices. Bitcoin whales are always on the hunt for the next big thing. Many of them are now circling DigiToads, a unique memecoin that offers utility to users. The activity of whales is felt even for major coins with significant liquidity spread globally. Therefore, their entry into the memecoinspace with interest in DigiToads is noticeable. Focus on DigiToads This project is currently conducting a presale as it looks to proceed toward full launch. DigiToads is fast gathering momentum in the memecoin space as it looks to dislodge more established competitors. At press time, DigiToads had raised over $4.25 million in the presale, which only commenced recently. This amount indicates the interest of some significant players in the crypto landscape in this emerging memecoin. It might have a lot to do with DigiToads gradual increase in token pricing through the presale as it prepares for launch. Since the token sale started, prices have risen over 140%, with more planned increases in the pipeline. As they say, the early bird catches the worm. Crypto whales who have bought TOADS tokens are probably looking at the big picture in acquiring the coin in its early stages. Memecoins are having a moment; again. Those who followed the last crypto rally two years ago remember how Dogecoin blew established projects off the ballpark in a short window. Well, Pepecoin has had a significant surge in the past month before tapering off a week ago. DigiToadsseeks to take up the mantle and take memecoins up a notch. DigiToads Utility The key to DigiToads aims is the addition of utility to the standard operating procedure of memecoins. Typical memecoins ride on the meme's popularity. it is pegged on to its logical conclusion. Pepecoin is a subset of the &ldquo;Pepe the Frog'' meme that has been a staple on the internet for a decade or more, especially on right-wing chat boards. This token took up the notoriety of this meme and got hot a few weeks ago, and has experienced some correction lately. For DigiToads, the meme aspect holds but is not the end all be all of the projects. The team behind the project conceptualized a pay-to-earn (P2E) gaming ecosystem with the TOADS token at the heart of this ecosystem. TOADS is an ERC-20 token, meaning broad compatibility with Ethereum wallets and ease of trading. The game itself takes place in a swamp metaverse where toads live. These toads catch flies for their nourishment and engage in various battles to secure their habitat. The battles can be intense, and the player must ensure they nourish their toads to be as strong as possible in preparation. Success in these battles means rewards to the player in the form of TOADs hence the play-to-earn concept. Additionally, the players have a chance to accumulate several Non-Fungible Tokens (NFTs) collectibles as they navigate the game. These NFTs are unique and have inherent value. To protect the value of the NFTs collectively, DigiToads allows gamers to stake their NFTs in exchange for a small percentage of TOADS transaction fees collected by the project. Staking TOADS is also an option to ensure that one can participate in project governance moving forward. Governance will be through a decentralized autonomous organization (DAO), ensuring DigiToads retains a distributed network governance model. Besides sustainable governance, the project also has a commitment to real-world sustainability, with some of the profits donated to charities committed to saving rainforests. >> Buy DigiToads Now << Markets follow whales In an ocean, the big fish change the behavior of other fish when they come into an area. Whales may not have the stereotypical fear of sharks but are large enough to cause a reaction in the surrounding waters. Whether you think the role of crypto whales in the markets is positive or not, there is no doubt that their activity moves markets. For instance, the activity of the four biggest Bitcoin wallets that collectively own over 3 % of all Bitcoin in circulation is enough to tilt markets. Notably, these four are rarely active and have not rocked Bitcoin prices as much as possible. Interest in a new token like TOADS is an endorsement of the fundamentals of this project. The markets will certainly be watching this space for their subsequent moves. Conclusion Whales purchasing TOADS tokens is indicative of the potential of these projects. Rarely do these crypto powerhouses act for charitable ends, and their moves often come upon calculated projections. The DigiToads launch is certainly something to look forward to shortly. For more information on DigiToads visit the website, join the presale or join the community for regular updates. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

In Todays Headline TV CryptoDaily News: Sam Altman's Worldcoin secures $115m Crypto project Worldcoin, co-founded by OpenAI's CEO Sam Altman, has reportedly raised $115 million in a Series C round led by Blockchain Capital. Funds will be used to support its decentralized World ID and the recently released crypto wallet World App. Stablecoin market shrinks for the 14th consecutive month The stablecoin market is on track to shrink for the 14th consecutive month, a sign of capital draining from the digital asset space, and a troubling trend for the recovery of cryptocurrency prices. Ripple case could be in final stretch Ripple chief Brad Garlinghouse is confident that SEC court battle is coming to a close in a matter of weeks. The XRP price is back below $0.45 as it continues to oscillate around this level. BTC/USD gained 0.5% in the last session. Bitcoin rose 0.5% against the Dollar in the last trading session. The Williams indicator is giving a positive signal. Support is at 25419.3333 and resistance is at 27705.3333. The Williams indicator is giving a positive signal. ETH/USD rose 0.4% in the last session. Ethereum rose 0.4% against the Dollar in the last trading session. The Williams indicator is giving a positive signal. Support is at 1739.8533 and resistance is at 1883.5933. The Williams indicator is currently in the positive zone. XRP/USD saw a minor dip of 0.1% in the last session. The Ripple-Dollar pair made a minor downwards correction in the last session, dropping 0.1%. The MACD is giving a positive signal. Support is at 0.4356 and resistance is at 0.4737. The MACD is giving a positive signal. LTC dropped 0.6% against USD in the last session. The last session saw the Litecoin fall 0.6% against the Dollar. The ROC is giving a negative signal. Support is at 80.5433 and resistance is at 94.5033. The ROC is currently in the negative zone. Daily Economic Calendar: AU Retail Sales Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. Australia's Retail Sales will be released at 01:30 GMT, Italy's Business Confidence at 08:00 GMT, and French Consumer Confidence at 06:45 GMT. IT Business Confidence Business Confidence is a survey of the current business conditions. It indicates the short-term performance of the overall economy. FR Consumer Confidence Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. UK Retail Sales Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. The UK's Retail Sales will be released at 06:00 GMT, the UK's CFTC GBP NC Net Positions at 20:30 GMT, and Japan's Leading Economic Index at 05:00 GMT. UK CFTC GBP NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. JP Leading Economic Index The Leading Economic Index is an economic indicator comprising 12 indices such as account inventory ratios, machinery orders, stock prices, and other leading economic indicators. 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.

Bitcoin bulls are sitting on their hands, but need to combat short-term sellers rapidly losing profitability, Glassnode warns.

Ripple, Litecoin, and Arbitrum have added the most value from the top 50 alts today.

The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.

BTC price action gives analysts reasons to be bearish, while Bitcoin shuns volatility from the day's macro triggers.

BTC/USD Tests 25885 Objective: Sally Ho&rsquo;s Technical Analysis &ndash; 26 May 2023 Bitcoin (BTC/USD) sought to moderate early in the Asian session as the pair traded back above the 26000 figure after sinking to the 25864.35 area, a depreciation that represented a test of the 25885.60 area released to selling pressure that emerged around the 27678 and 27295 levels. The move lower also represented a test of the 25882.35 area, a downside price objective linked to selling pressure that intensified around the 28334.75 and 27647.82 levels. Related downside price objectives include the 25604.43 and 25124.80 levels. Additional downside price objectives include the 25474, 25442, 24705, 24440, 23208, and 22769 levels. Following recent price activity, areas of technical resistance and potential selling pressure include the 26810, 27046, 27429, 27811, 28430, 29048, 29143, and 29813 levels. Upside retracement levels in recent depreciating ranges include the 26022, 27981, 28095, 28700, 28741, 28868, 29243, 29299, and 29284 levels. Above the market, upside price objectives include the 30420.74, 31237.11, 31477.37, 32501.23, 32556.73, 32989.19, 34583.96, 34658.69, 35222.66, 37765.28, and 38403.97 levels. Traders areobservingthat the50-bar MA (4-hourly)isbearishly indicating below the 100-bar MA (4-hourly)andbelow the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 26889.01 and the50-bar MA(Hourly) at 26684.03. Technical Supportis expected around25604.51/ 24440.41/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bearishly below MACDAverage. On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho&rsquo;s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Renton, United States, May 25th, 2023, ChainwireStably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. This groundbreaking development marks a critical milestone in the exponentially growing Bitcoin ordinals ecosystem that is now reaching half a billion dollars in total market capitalization in less than six months.#USD is a BRC20 standard stablecoin created via the Bitcoin ordinals protocol which was introduced in January 2023 after the recent Taproot upgrade. BRC20 tokens use a technique called ordinal inscriptions to attach data to individual "satoshis," the smallest unit of a Bitcoin. These satoshis can then represent anything from digital art ownership to &ldquo;meme coins&rdquo; and even stablecoins.According to Stably, every #USD token is backed 1-to-1 with USD in a collateral account managed by a US-regulated custodian for the benefit of KYC/AML-verified token holders. Monthly reports for the account are also conducted by a third-party stablecoin attestor to ensure #USD tokens are always fully collateralized with USD."When I met Domo, the creator of the BRC20 standard, at the Bitcoin 2023 conference in Miami, I told him about our upcoming plans for #USD," said Kory Hoang, Stably&rsquo;s CEO and Co-Founder. &ldquo;He thought it was great and funny how we are creating a stablecoin on Bitcoin to enable Bitcoin trading on-chain&hellip; With a stablecoin built on Bitcoin. I&rsquo;m still chuckling about it to this day, actually. In just one week after that, however, we made it happen!&rdquo; The integration of BRC20 #USD into the Bitcoin network is part of Stably&rsquo;s mission to power the next billion Web3 users with a seamless fiat-to-crypto and stablecoin onramp to all popular and emerging blockchain networks. The company&rsquo;s upcoming collaborations with prominent ordinals and BRC20 projects, including UniSat&ndash;the world&rsquo;s largest decentralized wallet/marketplace for ordinals&ndash;and Ordzaar&ndash;Asia&rsquo;s first decentralized ordinals marketplace project, reflect Stably's aspiration to drive global innovation and adoption toward decentralized finance on the Bitcoin network, or &ldquo;BitFi.&rdquo; Additionally, Stably&rsquo;s engineers are now exploring the new ORC20 standard for Bitcoin ordinals, which could significantly enhance the token properties of #USD once implemented.#USD can be issued/redeemed with Fedwire, SWIFT, USDC, and USDT by KYC-verified users across 200+ countries/regions currently, including up to 44 US states. Stably states that it is employing a manual process of issuance/redemption for #USD&rsquo;s initial launch but plans to release support for automatic issuance/redemption through Stably Ramp, the company's plug-and-play fiat gateway widget, during Q3 2023. By then, users of #USD will be able to on/off-ramp via more traditional payment methods like ACH, instant ACH, and credit/debit cards, in addition to bank wires.Founded in 2018, the 20+ team member Seattle FinTech is backed by leading institutional and angel investors in the crypto space, such as Morgan Creek Capital, BEENEXT, 500 Startups, Hard Yaka, CREAM Labs, Sunny Lu of VeChain, and Paul Stahura of Donuts, Inc. The company has raised over $7.5-million in total funding to-date, $5-million of which was collected during its last Pre-Series A round in December 2021. Stably has also expanded its fiat on/off-ramp and stablecoin natively to more than ten emerging networks, including Arbitrum, XRP Ledger, Stellar, Tezos, VeChainThor, Harmony, Polymesh, Coreum, ICON, and Chia Network.About StablyStably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing stablecoins and fiat crypto on and off-ramps to users of Web3 applications. Stably&rsquo;s mission is to power this decade&rsquo;s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.Visit stably.io to learn more.Risk Disclaimer: Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value and even principal. Bridged or wrapped digital assets (e.g. WBTC) involve additional risks, such as technical challenges, higher fees, security vulnerabilities, and reliance on third-party custodians. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please visit: stably.io/terms-of-service.ContactStably Head of MarketingMatthew [email protected]

The latest price moves in bitcoin (BTC) and crypto markets in context for May 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin "panic" is unwarranted, Philip Swift suggests, with BTC price action conforming to expectations on longer timeframes.

The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and tested the $25,800 level. It […]

In Todays Headline TV CryptoDaily News: Bitfinex announced new partnership in Latin America The digital asset platform Bitfinex announced a new partnership with a local exchange in Latin America as a part of a larger effort to push for wider adoption in the region. Bitfinex revealed an investment in one of Chile&rsquo;s leading cryptocurrency exchanges, OrionX. Crypto sector gets its first set of global rules from watchdog International securities watchdog IOSCO unveiled the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last year's collapse of the FTX exchange that fuelled concerns over consumer protection. Polygon NFTs are now supported on Binance The leading crypto exchange Binance, through its NFT market platform, has added support for Polygon NFTs. NFT traders can now explore and purchase tokens on the Polygon network directly on the Binance NFT homepage ranking board. BTC/USD plummeted 2.9% in the last session. The Bitcoin-Dollar pair plummeted 2.9% in the last session. The RSI is giving a negative signal. Support is at 26532.3333 and resistance is at 27836.3333. The RSI is giving a negative signal. ETH/USD plummeted 2.4% in the last session. The Ethereum-Dollar pair plummeted 2.4% in the last session. The Stochastic indicator is giving a positive signal. Support is at 1792.631 and resistance is at 1899.591. The Stochastic indicator is currently in the positive zone. XRP/USD plummeted 2.2% in the last session. The Ripple-Dollar pair dove 2.2% in the last session. The ROC gives a negative signal. Support is at 0.4554 and resistance is at 0.4722. The ROC is currently in negative territory. LTC/USD plummeted 5.9% in the last session. The Litecoin-Dollar pair plummeted 5.9% in the last session. The RSI gives a negative signal, which matches our overall technical analysis. Support is at 89.0667 and resistance is at 94.4067. The RSI is giving a negative signal. Daily Economic Calendar: US Gross Domestic Product Annualized The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services, and structures produced within a country. The US Gross Domestic Product Annualized will be released at 12:30 GMT, the US Chicago Fed National Activity Index at 12:30 GMT, and Germany's Gross Domestic Product at 06:00 GMT. US Chicago Fed National Activity Index The Chicago Fed National Activity Index, released by the Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure. DE Gross Domestic Product The Gross Domestic Product measures the total value of all goods and services produced by a country. The GDP is considered a broad measure of economic activity and health. DE Gfk Consumer Confidence Survey The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity, making it an indicator of consumer spending. Germany's Gfk Consumer Confidence Survey will be released at 06:00 GMT, Japan's Tokyo Consumer Price Index at 23:30 GMT, and Japan's Tokyo CPI at 23:30 GMT. JP Tokyo Consumer Price Index The Tokyo Consumer Price Index released by the Statistics Bureau measures price movements obtained from the retail prices of a representative shopping basket of goods and services. JP Tokyo CPI The Tokyo Consumer Price Index released by the Statistics Bureau measures price movements obtained from the retail prices of a representative shopping basket of goods and services. 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.

The detention of a U.S. journalist in Russia has sparked a renewed push from Alexander Vinnik, the co-founder of BTC-e for a possible "prisoner swap" deal.