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It is being alleged by Binance lawyers that Gary Gensler, current chairman of the SEC, offered his services to Binance as an advisor back in March 2019. Gensler and Binance With Gary Gensler causing panic and mayhem in the crypto markets as he serves Binance and Coinbase with notice to sue them for alleged misdemeanours such as listing securities and failing to register with the SEC, it comes as quite some surprise to learn that he may have offered his services as an advisor to Binance four years earlier. It was reported by CNBC that Gensler had a series of conversations with Binance officials and CEO Changpeng Zhao himself in March of that year. It was alleged by Binance lawyers that Gensler was perfectly happy with discussing the role of an informal advisor for the crypto exchange. Gensler lauds Algorand This was at a time when Gensler was teaching a blockchain course as a professor at MIT. Gensler appeared to be quite unperturbed with the crypto industry back then, and is on record as saying that most cryptocurrencies are not securities and lauded the technology of Algorand and its founder Silvio Micali, calling it “great technology”. Four years later, Gensler, now the chairman of the SEC, includes $ALGO, the native token of Algorand, as one of several “securities” that both Binance and Coinbase list on their exchanges. Given the alleged ties between Gensler, Zhao, and Binance, lawyers acting for Binance say that “they’d asked for his recusal from any actions regarding the company. They say they got no acknowledgement from SEC staff.” A 180 degree change of mind Gensler’s about face on crypto obviously happened once he landed the job as SEC chairman, and it does appear a little odd that he would have such a complete change of mind on the sector. It probably can’t be argued that Gensler was a novice in financial affairs when he was said to be having discussions with Binance. By that time he had spent 18 years at Goldman Sachs as Head of Finance, had served as Assistant Secretary for Financial Markets for the US Treasury, and had completed a stint as Chairman of the CFTC. When Gensler levied all of the highly public enforcement actions against some of the most compliant companies in the crypto space, such as Kraken, Paxos, and Coinbase, he must have been fully aware of the consequences of such actions for the crypto market and for all the retail investors in these markets. Tasked with bringing crypto down? The actions of the SEC chairman do appear to be designed to cause the maximum turbulence and damage to the crypto industry and must have caused investors to lose some part of their invested funds. Has Gensler been tasked with destroying the crypto industry in the US? Is this the plan of the Biden Administration? With the crypto industry perhaps being seen as a threat to the US banking system, this might well be a plausible assumption. 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 cryptocurrency market continues to experience significant volatility, with two of the top 100 cryptos, Mask Network (MASK) and ApeCoin (APE), declining. These tokens’ price fluctuations persist in a negative direction, leaving investors hoping for a potential rebound soon. In contrast, the Uwerx presale generates increasing excitement as it maintains an upward trend. This cryptocurrency project aims to make a remarkable contribution to the freelance economy, attracting bullish sentiment from investors. Here’s what’s happening in these crypto projects recently. ApeCoin (APE) Is Fueling the Next Metaverse Evolution Launched by Yuga Labs in March 2022, ApeCoin (APE) is the backbone for incentivizing and powering activities within the ApeCoin network. Notably, ApeCoin (APE) has emerged as the leading metaverse token in terms of market capitalization. A key milestone for ApeCoin (APE) has been the introduction of staking, enabling users to lock a portion of their ApeCoin (APE) holdings and participate in transaction validation. With its attractive features, ApeCoin (APE) has garnered significant popularity. Users benefit from low transaction fees, ensuring cost-effective transactions. The network also offers instant transaction processing, enhancing the overall user experience. Moreover, ApeCoin (APE) seamlessly integrates with popular gaming platforms, further driving its appeal in the metaverse space. As the metaverse continues to evolve and gain traction, ApeCoin (APE) stands out as a prominent player, fueling the virtual ecosystem and offering a range of benefits to its users. However, ApeCoin (APE) has steadily declined over the last 30 days. As of writing, ApeCoin(APE) is up by 1.5%. However, it is down by 14% in the last 30 days, with its 24-hour trading volume decreasing by 16.86%. MASK Network (MASK): Powering The Revolution of Social Apps MASK Network (MASK) is an encrypted social messaging platform enabling secure crypto transactions and file-sharing. Its native token, $MASK, facilitates crypto transfers, grants access to platform features, and allows participation in community voting. Recently, MASK Network (MASK) has been in the news. MASK Network (MASK) recently revealed its 3rd Web3 Social Grant round, collaborating with Gitcoin and offering a $50k matching pool. They have also sponsored Decentralized Social Afternoons to foster a vibrant community. In addition, MASK Network (MASK) invested in Telegram's TON, aiming to provide innovative solutions to a broad user base. Furthermore, they received 257,540 ARB tokens from Arbitrum, distributing them to incentivize active community members and support the Mask DAO treasury. However, MASK Network’s (MASK) price has recently declined. The token is down by 2% as of writing. Its 24-hour trading volume has also slumped by 14.83%. Uwerx (WERX) Presale Continues to Surge Uwerx, an innovative cryptocurrency platform for freelancers and clients, is gaining traction with its exciting services and 1% flat fee. Having already secured audit approval from SolidProof and InterFi, Uwerx is currently in its stage 5 presale, moving past stage 1 to 4 within a few weeks while selling millions of WERX tokens. As a result of the rapid success of Uwerx's presale, the Uwerx team adjusted its token allocation, with the presale getting a boosted 57% (427.5 million WERX tokens) of the 700 million total token supply. The team has also announced that the stage 5 presale is set to go live soon. Furthermore, the native token, WERX, is currently priced at $0.041, experiencing significant growth from its starting price of $0.005. Industry experts are highly optimistic about the future of the Uwerx token, predicting it to surpass $3 by Q1 2024. However, Uwerx is achieving more success in other areas of the project. Excitingly, the anticipated Alpha Version of the platform has been launched, featuring the landing page and sign-in/sign-up pages. Additional features such as login, user dashboard, job posting, job search, and more will continue to be rolled out weekly/bi-weekly. Transition to the Beta version will follow soon, allowing users to test the new platform. Users can provide valuable feedback by emailing [email protected] Uwerx has also introduced a new feature called the Uwerx Vault, enabling users to stake their tokens for a preferred duration and earn rewards. As of writing, Uwerx has obtained 5,546 sign-ups and 1,627 and 1,456 followers on Twitter and Telegram, respectively. Initially planned to be locked for 25 years after the presale, the developer's liquidity tokens will be locked sooner after 82.8% of the Uwerx community votes in its favor. Details regarding the lock date will be announced shortly. Additionally, 92.8% of the Uwerx community has approved a test airdrop to validate user wallet addresses. The Uwerx team also plans to renounce ownership of smart contracts upon listing on centralized exchanges, highlighting their commitment to decentralization. With the recent price increase, Uwerx is nearing its proposed $0.095 to $0.115 launch price as the presale is set to close on July 31, 2023. So seize the moment to invest in the crypto market’s next big thing today and get a 15% bonus on all purchases. Buy Presale: https://invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network 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.

Outspoken billionaire investor and entrepreneur Mark Cuban has launched a scathing attack on the SEC and its handling of complaints against cryptocurrency exchanges, especially Coinbase. Cuban was highly critical of the lack of support for companies actively looking to comply with securities regulations in the country. Cuban Frustrated With SEC Approach Billionaire Mark Cuban has long advocated for cryptocurrencies and recently expressed his frustration with the United States Securities and Exchange Commission (SEC) and its approach to crypto. Cuban stated that the Securities and Exchange Commission could have adopted a much clearer approach for compliance, and avoided legal disputes altogether. Cuban tweeted, “The SEC could have easily have gone to them and outlined an exact plan to get them to compliance. Then if @coinbase or whoever didn’t comply, they sue over whatever legal disagreements they have. Instead, they do what they told one of my companies to do when we called, read these cases and get a lawyer to figure it out for you.” SEC Only Wants To Litigate Cuban also stated that the SEC is full of lawyers, and all lawyers want to do is litigate. He added that there would be greater compliance if there were more business people within the SEC. “They are full of lawyers. Lawyers want to litigate. If you had business people, more like the SBA, there would be more compliance, fewer lawsuits, and better investor education and protections. But if that happened, 2k SEC lawyers would be out of a job.” The billionaire also suggested that the SEC promotes the cases and wins as metrics instead of keeping track of the number of companies that they help reach compliance. No One Trusts The SEC Cuban further argued that the SEC’s approach was fermenting a climate of fear and mistrust, leading to companies fearing to engage with the regulator because they are afraid of potential legal ramifications. This would make it harder for companies to achieve compliance, going against the SEC’s mandate of protecting investors and maintaining efficient markets. “As it is, no one wants to talk to the SEC because no one trusts them for fear of being in the same situation as Coinbase finds itself. You get what you measure.” Repercussions Of The SEC Crackdown The lawsuit against Coinbase came just after a similar complaint was filed against Binance and its CEO, Changpeng Zhao. The crackdown reflects an increasingly hostile regulatory environment for crypto companies in the United States. It has also led to a number of trading pairs being delisted from Binance.US. The SEC has been going after crypto companies following the collapse of FTX under the pretext of protecting consumers. Coinbase Pushes Back Coinbase has also pushed back against the SEC and has demanded clearer guidance from the chief financial regulator. Brian Armstrong, CEO of Coinbase, stated that the agency needs to clearly define what constitutes a security, leading to greater uncertainty and potentially hindering innovation in the crypto space. The SEC has stated that everything other than Bitcoin is a security. However, Armstrong has contended that the law says differently and that regulators around the globe are taking a different position than that of the SEC. Armstrong stated in an interview that Coinbase also met with the SEC, “We met with the SEC 30 times in the last year. They never gave us a single piece of feedback about what we could be doing better. We just got silence.” The US Court of Appeals for the Third Circuit has ordered the SEC to respond within a week. The SEC had sued Coinbase for allegedly acting as an unregistered broker, as it goes after some of the biggest names in crypto over alleged violations of US securities laws. “Since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities. Coinbase intertwines the traditional services of an exchange, broker, and clearing agency without having registered any of those functions with the Commission as required by law.” 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.

In Todays Headline TV CryptoDaily News: Coinbase is not shutting down staking service Crypto exchange Coinbase will continue operating its crypto staking service despite facing lawsuits from state and federal regulators over the program and several of its other offerings, Coinbase CEO Brian Armstrong said at the Bloomberg Invest Conference. USDC issuer Circle receives digital token license in Singapore Circle has now received its Major Payment Institution license for digital payment token services in Singapore. The license issued by the Monetary Authority allows Circle Singapore to offer digital payment token services, cross-border money transfer services and domestic money transfer services in the city-state. Bitcoin, Ether trade at premiums on Binance.US Major cryptocurrencies such as bitcoin, ether and Tether’s USDT stablecoin have been trading at large premiums on Binance.US, a sign that investors are exiting the platform in light of the U.S. Securities and Exchange Commission’s actions against the company. BTC/USD dove 3.0% in the last session. The Bitcoin-Dollar pair plummeted 3.0% in the last session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis. Support is at 24705.6667 and Resistance is at 28605.6667. The Stochastic indicator is currently in negative territory. ETH/USD plummeted 2.3% in the last session. The Ethereum-Dollar pair plummeted 2.3% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1765.351 and Resistance is at 1955.411. The Stochastic indicator is giving a negative signal. XRP/USD plummeted 1.0% in the last session. The Ripple-Dollar pair dove 1.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 0.4838 and Resistance is at 0.5554. The Stochastic-RSI is currently in negative territory. LTC/USD plummeted 2.3% in the last session. The Litecoin-Dollar pair dove 2.3% in the last session. The RSI is giving a negative signal. Support is at 83.9333 and Resistance is at 94.8333. The RSI is currently in the negative zone. Daily Economic Calendar: AU Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. Australia's Trade Balance will be released at 01:30 GMT, Japan's Eco Watchers Survey: Outlook at 05:00 GMT, and Japan's Eco Watchers Survey: Current at 05:00 GMT. JP Eco Watchers Survey: Outlook The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. JP Eco Watchers Survey: Current The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. US Continuing Jobless Claims The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, the US Initial Jobless Claims at 12:30 GMT, and the Eurozone's Gross Domestic Product at 09:00 GMT. US Initial Jobless Claims The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance. EMU Gross Domestic Product The Gross Domestic Product measures 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. 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.

Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year.

Coinbase CEO Brian Armstrong has welcomed the SEC lawsuit against his exchange, stating that a court battle will help establish much-needed clarity around crypto rules and regulations. The CEO expressed complete confidence in the exchange’s legal team and the facts and the law around crypto. A Chance For Better Clarity Coinbase CEO Armstrong appeared unfazed in the face of a new lawsuit against the exchange by the United States Securities and Exchange Commission (SEC). Both Coinbase and its CEO issued separate statements discussing Coinbase’s views and chances of victory against the latest legal battle against the regulator. In a tweet shared on Tuesday, Armstrong stated that Coinbase would be proud to represent the crypto ecosystem against the SEC, adding that a court battle was probably required to get some much-needed clarity around crypto and the rules governing it. “Regarding the SEC complaint against us today, we’re proud to represent the industry in court to finally get some clarity around crypto rules. We’ll get the job done. In the meantime, let’s all keep moving forward and building as an industry. America will get this right in the end.” Armstrong added that the Securities and Exchange Commission had reviewed Coinbase’s business and allowed it to become a public company in 2021. He also added that the exchange does not list securities, rejecting a vast number of assets that they review. Armstrong also talked about conflicting statements emerging from the SEC and the Commodity Futures Trading Commission (CFTC), adding that they can’t agree among themselves on what is a security and what is a commodity. “There is no path to “come in and register” - we tried, repeatedly - so we don’t list securities. We reject the vast majority of assets we review. The SEC and CFTC have made conflicting statements and don’t even agree on what is a security and what is a commodity.” Why Is The SEC Suing Coinbase? The SEC sued Coinbase, alleging that the New York-based crypto exchange broke US securities laws by offering unregistered securities. The lawsuit alleged that Coinbase never registered as a clearing agency, broker, or national securities exchange. The regulator further alleged that several crypto tokens offered by the exchange, including prominent assets such as Polygon (MATIC), Cardano (ADA), Solana (SOL), and several others, qualified as securities. The lawsuit also alleges that Coinbase has been operating as an unregistered security broker since 2019, two years before its initial public offering. A Tetchy Relationship Coinbase and Armstrong have been extremely critical of the SEC for failing to draft clear rules and clarifying how securities laws apply to the crypto industry. The crypto space has long requested clarification about which digital assets would qualify as securities and which as commodities. Coinbase had sued the SEC in April when the latter failed to respond to a petition by Coinbase to provide rules governing digitally traded securities. At the time, the SEC stated that crypto already had clear rules and regulations to govern it and responded to the suit by arguing for dismissal on the 5th of May. In response, Coinbase filed a mandamus reply supporting its suit against the SEC. The United States Congress is looking to introduce crypto-specific legislation, which could lend some clarity to the situation. For the moment, Coinbase and the Securities and Exchange Commission are entangled in separate legal proceedings against each other. Coinbase Committed To Regulatory Compliance Coinbase also provided stats to prove that it is committed to regulatory compliance and failure on the SEC’s part to cooperate. The exchange stated that it had mentioned “staking” 57 times in its S1 report, which the SEC approved. It also added that it met the SEC privately to seek guidance on how to stay legally compliant. The exchange criticized the SEC, stating that it had established no rules pertaining to crypto and relied on a test written in 1946 (Howey test) to determine if assets are securities. However, others have pointed out that the SEC had made it clear in its approval that it did not necessarily approve the legality of the exchange’s underlying business. “To the folks posting that it’s unfair that the SEC is filing an action when they approved the Coinbase IPO, please stop. @coinbase was warned that approval of the registration statement didn’t mean approval of the underlying business activity.” 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.

Brian Armstrong believes a court battle may finally help establish much-needed clarity around crypto rules.

While AI and automation threaten to kill creative jobs, here's how the Web3 music world is embracing the technology to enhance their craft.

Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overseas.

Ether and other major cryptos spent much of the day in positive territory.

Continued strong gains in monthly employment figures have added to the Fed's case for rate hikes.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin is trading over 1% higher on Friday and certain cryptocurrencies have broken trend before the US unemployment figure is released later today. Worse jobless figure expected With Federal Reserve Chairman Jerome Powell intimating that he is ok with the economy going into recession and “things breaking”, as long as inflation can be beaten, it does look as if the US is entering a risk off period for quite some time. One of the main figures that the Fed looks at before deciding whether the economy needs yet another interest rate hike is the jobless count. The forecast here is for a rise to 3.5% from the previous figure of 3.4%. However, even amidst this gloomy period Bitcoin is still looking like it has entered its bull market and current times are perhaps good ones for accumulating ahead of a possible descent into recession next year. Bitcoin wakes up positive Bitcoin woke up this morning in a positive mood and is moving higher again in its sideways range from around $25,800 to $27,670. Current price is at just over $27,000. Ethereum to steal the show Be that as it may, ethereum looks as though it is making its move in order to steal the show from bitcoin. Ethereum has broken the downwards trendline with bitcoin that has been in force since early January this year. Ethereum dominance has also broken higher and has returned to the levels also seen in early January, but far more importantly these are the same levels from May 21, and even as far back as September 17. A solid and continuous accumulation above this level can potentially see ethereum on route to a flippening of bitcoin. Altcoins running Many of the altcoins are running strongly right now. Arbitrum, the ethereum layer 2 solution, is up around 8% at time of going to press. Andrew Kang, a large holder, is rumoured to have leveraged his position to buy more. Injective Protocol is an altcoin that just runs and runs. It is currently up 10.5% on the day. Ocean, one of the AI-related plays is up 7.4% today having climbed 27.7% just since May 29. Lido, the largest of the liquid staking tokens, another really hot niche, is up 7.3% currently. 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.

In Todays Headline TV CryptoDaily News: MakerDAO paves the way for additional U.S. treasury purchase The community governing MakerDAO, the organization behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital. Crypto data firm Nansen to lay Off 30% of staff Blockchain analytics platform Nansen said it is laying off 30% of its workforce, citing broader difficulties in the crypto market. The firm had tried to expand into business areas that were not core to the company’s strategy, Nansen CEO Alex Svanevik said in a statement. Litecoin starts June strong Litecoin has begun the month with a rally. It is up 7.5% over the last 30 days, the third-best result among crypto assets over that period, topping both Bitcoin and Ethereum. BTC/USD dove 1.0% in the last session. The Bitcoin-Dollar pair plummeted 1.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 26315.3333 and resistance is at 28307.3333. The Stochastic-RSI is giving a negative signal. ETH/USD made a minor downwards correction of 0.1%. The Ethereum-Dollar pair saw a minor dip of 0.1% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1823.0867 and resistance is at 1931.4667. The Stochastic indicator is currently in the negative zone. XRP/USD plummeted 1.4% in the last session. The Ripple-Dollar pair plummeted 1.4% in the last session. The Williams indicator is giving a negative signal, going against our overall technical analysis. Support is at 0.4885 and resistance is at 0.5418. The Williams indicator is currently in negative territory. LTC/USD skyrocketed 4.8% in the last session. The Litecoin-Dollar pair skyrocketed 4.8% in the last session. According to the Stochastic-RSI, we are in an overbought market. Support is at 85.8567 and resistance is at 94.9767. The Stochastic-RSI is signalling an overbought market. Daily Economic Calendar: US Nonfarm Payrolls The Nonfarm Payrolls presents the number of new jobs created during the previous month, excluding the agricultural sector. The US Nonfarm Payrolls will be released at 12:30 GMT, the US Average Hourly Earnings at 12:30 GMT, and the French Industrial Output at 06:45 GMT. US Average Hourly Earnings The Average Hourly Earnings are a significant indicator of labor cost inflation and of the tightness of labor markets. FR Industrial Output The Industrial Output shows the volume of production of industries, i.e., factories and manufacturing. ES Unemployment Change The Unemployment Change measures the absolute change in the number of unemployed people using seasonally adjusted data. A rise in this indicator has negative implications for consumer spending. Spain's Unemployment Change will be released at 07:00 GMT, Japan's CFTC JPY NC Net Positions at 20:30 GMT, and the UK's CFTC GBP NC Net Positions at 20:30 GMT. JP CFTC JPY 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. 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. 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 digital asset market recorded slight gains last week but faces a huge test following macroeconomic factors including inflation concerns, and reduced liquidity following the lifting of the debt ceiling. May is officially Bitcoin’s (BTC) worst-performing month since the collapse of FTX in Nov 2022 putting investors in a risky position. BTC plunged by 7.3% […]

In Todays Headline TV CryptoDaily News: Binance plans new round of layoffs A fresh headcount reduction is coming to crypto exchange Binance, which is reportedly planning to lay off 20% of its workforce in June. The job cuts come after the company said earlier this year it would not lay off any employees. Bitcoin price volatility Bitcoin's trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes. Bitcoin faces first monthly drop of 2023 The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange collapsed in November last year. The roughly 8% drop in May is Bitcoin’s first monthly retreat of 2023. BTC/USD dove 2.1% in the last session. The Bitcoin-Dollar pair plummeted 2.1% in the last session. The CCI is giving a negative signal. Support is at 273311 and resistance is at 282611. The CCI is giving a negative signal. ETH/USD plummeted 1.8% in the last session. The Ethereum-Dollar pair plummeted 1.8% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 1866.91 and resistance is at 1932.721. The Stochastic-RSI is currently in the negative zone. XRP/USD plummeted 1.3% in the last session. The Ripple-Dollar pair dove 1.3% in the last session. The CCI indicates an overbought market. Support is at 0.4737 and resistance is at 0.5521. The CCI points to an overbought market. LTC/USD plummeted 2.8% in the last session. The Litecoin-Dollar pair dove 2.8% in the last session. The ROC is giving a negative signal, going against our overall technical analysis. Support is at 89.3067 and resistance is at 94.7667. The ROC is currently in the negative zone. Daily Economic Calendar: US ADP Employment Change The ADP Employment Change measures the change in the number of employed people in the US, making it an indicator of the labour market. The US ADP Employment Change will be released at 12:15 GMT, the US ISM Manufacturing PMI at 14:00 GMT, and Germany's Retail Sales at 06:00 GMT. US ISM Manufacturing PMI The ISM Manufacturing PMI shows the business conditions in the manufacturing sector. It is a significant indicator of the overall economic conditions. DE Retail Sales The Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. ES 30-y Bond Auction The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates. Spain's 30-y Bond Auction will be released at 08:40 GMT, Japan's Jibun Bank Manufacturing PMI at 00:30 GMT, and Japan's 10-y Bond Auction at 03:35 GMT. JP Jibun Bank Manufacturing PMI The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector. JP 10-y Bond Auction The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates. 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.

In Todays Headline TV CryptoDaily News: ECB sums up digital euro prototyping exercise The European Central Bank has summarized the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated the offline use of a simulated digital euro with existing payment systems. The project was part of the second phase of Eurosystem preparations for a potential pilot launch of a digital euro in the fall of this year. Gulf Binance clinches Thai regulatory approval Gulf Binance, a joint venture between crypto exchange Binance and Gulf Energy’s innovation arm Gulf Innova, has received a digital asset operator license in Thailand. The rubber stamp from Thailand’s Ministry of Finance will allow the firm to advance plans to open a regulated crypto exchange and broker in the Southeast Asian country. Binance kicks off transition to new platform in Japan After five years out of the Japanese market, crypto exchange Binance has begun establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin in November 2022. BTC/USD exploded 2.6% in the last session. The Bitcoin-Dollar pair rose 2.6% in the last session after gaining as much as 3.1% during the session. The Stochastic indicator is giving a positive signal. Support is at 26494.3333 and Resistance is at 27112.3333. The Stochastic indicator is currently in the positive zone. ETH/USD skyrocketed 1.3% in the last session. The Ethereum-Dollar pair exploded 1.3% in the last session. The Williams indicator indicates an overbought market. Support is at 1809.1433 and Resistance is at 1846.3033. The Williams indicator is signalling an overbought market. XRP/USD exploded 1.2% in the last session. The Ripple-Dollar pair rose 1.2% in the last session after gaining as much as 1.7% during the session. The CCI indicates an overbought market. Support is at 0.459 and Resistance is at 0.4854. The CCI is signalling an overbought market. LTC/USD exploded 1.9% in the last session. The Litecoin-Dollar pair exploded 1.9% in the last session. The Stochastic indicator is giving a negative signal. Support is at 86.2267 and Resistance is at 89.9667. The Stochastic indicator is giving a negative signal. Daily Economic Calendar: FI Consumer Confidence Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. Finland's Consumer Confidence will be released at 05:00 GMT, Finland's Industrial Confidence at 05:00 GMT, and the Irish Retail Sales at 10:00 GMT. FI Industrial Confidence Industry Confidence shows the opinion of manufacturing executives regarding production expectations, order books, and finished goods inventories. IE Retail Sales Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. JP Jobs / Applicants Ratio The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications. Japan's Jobs / Applicants Ratio will be released at 23:30 GMT, Japan's Unemployment Rate at 23:30 GMT, the US Consumer Confidence at 14:00 GMT. JP Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. US Consumer Confidence The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. 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.

There are currently many from the Democratic and Republican parties bidding for the job of president. Here's what they’ve said about crypto.

The fake job advertisements have lured prospective employees to foreign countries and then forced participation in cryptocurrency fraud schemes.

Meme coins are famous for their higher chances of bringing wealth. We’ve seen this play out in history with Dogecoin, Shiba Inu, and numerous other meme coins. In case you’ve not invested in any meme coin, now might be the best time to put your money on these two tokens. If you’re also looking to make some quick gains this year, Uwerx is a new crypto project on presale with a huge margin to make money in 2023. Uwerx(WERX) Might Be The Biggest Project In 2023 According to data, analysis reveals that the freelance community is bound to dominate the workforce, making up about 46.5% of the global working environment. This data shows that full-time workers are not the only recognized body globally, and the environment is becoming more welcoming of freelancers as equal professionals. This level of recognition comes with the need for a system that can provide freelancers with the best resources and support. And it is precisely why a platform like Uwerx exists. Uwerxis a leading blockchain solution and a new project that aims to launch on the Ethereum blockchain. The crypto projects aim to introduce some innovations into the community. These innovations include the unique built-in collaboration tool like video conferencing and project management. Another unique solution Uwerx brings is a personalized matching system that connects clients to the right skills and freelancers to the best jobs that suit their expertise. Uwerx is a one-of-a-kind blockchain project, and it currently stands to be the best innovation we’ve seen in the blockchain space in a while. InterFi Network has completed the network’s audit approval, and investors are already convinced of the project's legitimacy. Dogecoin(DOGE) Remains Relevant Dogecoin is the first meme coin project in the crypto market, and it has indeed led the park of other meme coins. The meme coin has been a major market mover and paved the way for more meme coin projects to emerge. Dogecoin still holds its position as the biggest meme coin project. It is 0.28% higher today, with a steady price of $0.0712. The general outlook for Doge looks good. However, it doesn’t seem to look as good as Uwerx crypto on presale. Shiba Inu(SHIB) Is A Must-Have Meme Coin In 2023 Shiba Inu is the next-in-line after Dogecoin in terms of relevance. It is one of the meme coin projects that offer many more to users asides from fun and entertainment. Shiba Inu provides a decentralized exchange system allowing users to swap their tokens quickly and cheaply. The platform is also working on launching its metaverse and providing more functionality for users. Shiba Inu has seen positive growth paths over the past months, and investors are optimistic about future price pumps. The meme coin is currently 0.000008581 and ranked #15 by market cap. More About The WERX Presale WERX token presale has taken a positive trajectory right from its launch. The crypto project is currently on its Stage 4 presale and has raised massive amounts in such little time. Experts predict that at this rate, the token is expected to rise at least 10X before launch. Uwerx is a project that offers the best utility and high-profit potential. Join the network by buying the WERX token on presale. Use the links below to begin. Find out more about Uwerx here and earn extra 20% tokens if you buy now: Website: https://www.uwerx.network Presale: http://invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network 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.

A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features into its online web store.

How to create a $100M memecoin with ChatGPT, $50K portfolio handed over to AI targeting 500% return, and will writers have a job in future?

Despite negatively impacting the labor market, there are many reasons to think AI will eventually contribute to creating new jobs and economic growth.