170 days ago • coindesk
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."
317 days ago • cryptodaily
South Korean Exchange Contagion, Crypto Daily TV 16/6/2023
In Todays Headline TV CryptoDaily News:
MakerDAO hikes DAI savings rate
DeFi platform and stablecoin issuer MakerDAO has approved a hike in the reward to investors for holding its $4.5 billion DAI stablecoin to 3.49% from 1%, providing additional incentive for investors to hold and lend DAI instead of rivals like popular stablecoins such as USDC and USDT.
Two more crypto platforms halt withdrawals
Two South Korea-linked crypto platforms halted withdrawals in the space of 24 hours, a reminder of the ongoing risks in the digital-asset sector following a spate of blowups sparked by a market rout last year. They said the temporary suspension took effect and blamed “market volatility and increased confusion”.
Ripple partners with Colombia’s central bank to explore blockchain technology
Despite an ongoing legal battle with the Securities and Exchange Commission, Ripple is partnering with the central bank of Colombia to roll out yet another blockchain/CBDC pilot. The XRP ledger CBDC platform also serves as the basis for similar pilot projects in Hong Kong, Bhutan, Palau and Montenegro.
BTC/USD skyrocketed 1.9% in the last session.
The Bitcoin-Dollar pair exploded 1.9% in the last session. The CCI indicates an oversold market. Support is at 24110.6667 and resistance at 26630.6667.
The CCI points to an oversold market.
ETH/USD exploded 1.5% in the last session.
The Ethereum-Dollar pair skyrocketed 1.5% in the last session. The ROC is giving a positive signal. Support is at 1565.7733 and resistance at 1792.4533.
The ROC is currently in positive territory.
XRP/USD gained 0.5% in the last session.
The Ripple-Dollar pair rose 0.5% in the last session after gaining as much as 1.1% during the session. The Stochastic indicator is giving a negative signal. Support is at 0.4283 and resistance at 0.5461.
The Stochastic indicator is currently in negative territory.
LTC/USD skyrocketed 2.5% in the last session.
The Litecoin-Dollar pair skyrocketed 2.5% in the last session. The Stochastic-RSI indicates an oversold market. Support is at 67.6833 and resistance at 80.8633.
The Stochastic-RSI is signalling an oversold market.
Daily Economic Calendar:
UK Consumer Inflation Expectations
The Consumer Inflation Expectation presents the consumer expectations of future inflation for the next 12 months, which may influence rate decisions. The UK's Consumer Inflation Expectations will be released at 08:30 GMT, the Eurozone's Harmonized Index of Consumer Prices at 09:00 GMT, the UK's CFTC GBP NC Net Positions at 20:30 GMT.
EMU Harmonized Index of Consumer Prices
The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI).
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.
US Baker Hughes US Oil Rig Count
The Baker Hughes Rig Count is an important business barometer for the drilling industry and its suppliers. Active drilling rigs consume products and services produced by the oil service industry. The US Baker Hughes US Oil Rig Count will be released at 17:00 GMT, Japan's BoJ Interest Rate Decision at 03:00 GMT, the Eurozone's EcoFin Meeting at 07:00 GMT.
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.
EMU EcoFin Meeting
The Economic and Financial Affairs Council, the main decision-making body of the Council of the European Union, is composed by the Finance Ministers of the 27 European Union member states.
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.
348 days ago • cryptodaily
DOGE Transactions Hit ATH, Crypto Daily TV 16/5/2023
In Todays Headline TV CryptoDaily News:
Dogecoin daily transactions hit record high
Dogecoin, the largest meme coin in the crypto ecosystem, witnessed a peak in daily transactions, which climbed to a record high of 650,000. Yesterday, DOGE network transactions surpassed Bitcoin and Litecoin, setting a new record.
BCH prices jumped 6%
Bitcoin Cash prices jumped as much as 6% ahead of a mainnet upgrade that will allow developers to issue tokens atop the network, among other enhancements.
Bitcoin addresses holding 1 BTC or more reach one million
The number of Bitcoin wallet addresses holding one whole BTC or more, has reached the one million mark for the first time, with roughly 200,000 of the newest wholesalers joining the ranks in 2022.
BTC/USD exploded 1.5% in the last session.
The Bitcoin-Dollar pair exploded 1.5% in the last session. The ROC is giving a positive signal. Support is at 26368.3333 and resistance is at 27478.3333.
The ROC is currently in positive territory.
ETH/USD exploded 1.4% in the last session.
The Ethereum-Dollar pair gained 1.4% in the last session after rising as much as 2.5% during the session. The CCI is giving a positive signal. Support is at 1773.6233 and resistance is at 1835.7633.
The CCI is currently in the positive zone.
XRP/USD rose 0.6% in the last session.
The Ripple-Dollar pair gained 0.6% in the last session. The MACD is giving a negative signal. Support is at 0.4164 and resistance is at 0.4362.
The MACD is currently in negative territory.
LTC/USD skyrocketed 5.1% in the last session.
The Litecoin-Dollar pair skyrocketed 5.1% in the last session. According to the Stochastic-RSI, we are in an overbought market. Support is at 78.1933 and resistance is at 86.5933.
The Stochastic-RSI points to an overbought market.
Daily Economic Calendar:
EMU EcoFin Meeting
The Economic and Financial Affairs Council, the main decision-making body of the Council of the European Union, is composed of the Finance Ministers of the 27 European Union member states. The Eurozone's EcoFin Meeting will be released at 07:00 GMT, the UK's ILO Unemployment Rate at 06:00 GMT, and Japan's Gross Domestic Product at 23:50 GMT.
UK ILO Unemployment Rate
The ILO Unemployment Rate is the number of unemployed workers divided by the total civilian labor force.
JP Gross Domestic Product
The Gross Domestic Product is a measure of the total value of all goods and services produced by a country. The GDP is considered as a broad measure of economic activity and health.
UK Claimant Count Change
The Claimant Count Change presents the change in the number of unemployed people in the UK. The UK's Claimant Count Change will be released at 06:00 GMT, the US Industrial Production at 13:15 GMT, Australia's RBA Meeting Minutes at 01:30 GMT.
US Industrial Production
Industry is a basic category of business activity. Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of the industrial production.
AU RBA Meeting Minutes
The minutes of the Reserve Bank of Australia meetings give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee.
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.