4h ago • cryptodaily
Litecoin (LTC) and Shiba Inu (SHIB) Price Prediction: Orbeon Protocol (ORBN) Set For a 6000% Price Increase In 2023
The cryptocurrency market is one of the most exciting and dynamic investment opportunities of our time. It's fast-paced, unpredictable and full of potential. In the last week alone, Litecoin (LTC) has surprised many crypto natives with a remarkable performance week after week. Currently priced at about $90, market watchers predict that LTC could break the $100 mark in days. Shiba Inu (SHIB) has had a rough start to the year, with more predictions pointing to an ongoing bear trend for the once-popular meme coin. However, Orbeon Protocol (ORBN), a newcomer in the crypto space, is setting up for a journey to the moon, with experts predicting a 6000% price increase by the end of the year.
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Orbeon Protocol (ORBN)
The Orbeon Protocol (ORBN) native token, ORBN, has seen an impressive 2713% gain since the start of its presale, with market analysts predicting a potential 6000% return by the end of the presale.
Orbeon Protocol (ORBN) is a platform that enables users to invest in nascent businesses through fractional means, allowing individuals to invest in their preferred brands for as little as $1. The Orbeon Protocol (ORBN) platform creates and distributes NFTs based on rewards and equity, which can be fractionated accordingly.
All investment terms are written into the smart contract of the NFT, ensuring transparency for both businesses and users of Orbeon Protocol (ORBN). Also, investors have been protected from rug-pulls thanks to a security mechanism that refunds investors in case the startup fails to fulfill its goals.
In addition to the investment platform, Orbeon Protocol (ORBN) also offers a wallet that users can use to store their NFTs and an exchange that can be used to swap the digital assets listed on the exchange.
With an 2713% price gain so far, ORBN has outperformed multiple coins in the market, including top cryptocurrencies, since its launch, and Orbeon Protocol (ORBN) has continued to gain momentum. The success of the Orbeon Protocol (ORBN) presale highlights the potential of the platform and its ability to offer a new, innovative way to invest in nascent businesses.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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.
4h ago • cryptodaily
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders.
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders. In the presale phase, Collateral Network (COLT) is offering a unique investment opportunity that promises to deliver significant returns. Let's learn more!
>>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<<
Ethereum (ETH)
In the world of blockchain-based investments, Ethereum (ETH) is one of the most popular tokens after Bitcoin (BTC). Many investors are drawn to Ethereum (ETH)'s potential as a platform for DeFi applications, with current projects in the space aiming to facilitate trustless borrowing and lending on Ethereum (ETH).
Ethereum (ETH) has been successful in this regard, with world-renowned institutions like Ubisoft, ING, and IBM all relying on Ethereum (ETH) for their operations. Today, Ethereum (ETH) has a market cap of over $200 billion, making it the world's second-largest cryptocurrency by market value.
But with such a large market cap, just how high can Ethereum (ETH)'s price go? It is unlikely that Ethereum (ETH) will see another 1000% gain — something that Collateral Network (COLT) should have no problem achieving as more investors use the platform.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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.
5h ago • cryptodaily
Gemini Planning Overseas Crypto Derivatives Service
The Gemini crypto exchange is working on launching an international crypto derivatives exchange to fill the hole left in the derivatives market by the FTX ecosystem collapse.
Gemini To Offer Risky Perpetual Futures
Gemini, the brainchild of the Winklevoss twins, could be the next big derivatives service provider. According to reports from sources close to the matter, the crypto exchange has been reaching out to trading firms to serve as market makers to launch an overseas derivatives exchange. It is interesting to note that the platform will be specifically offering perpetual futures. This type of derivative does not have an expiry date and thus can be traded with significant leverage. Therefore, it is considered a highly risky product and banned for retail trading in the United States.
Will SEC Disapprove?
It will be interesting to note how the operation pans out, as the company has already been in hot water with the U.S. Securities and Exchange Commission (SEC) for allegedly selling unregistered securities. The SEC is not going to be too happy about the company’s perpetual futures offering. Even though the matter would be outside its jurisdiction, it could irk the regulatory body enough to make matters difficult for Gemini. In January 2023, the company had to lay off 10% of its workforce after being caught up in the Genesis bankruptcy.
Regulatory Trouble For Derivatives Providers
Furthermore, other regulatory bodies are also toughening up on crypto firms, especially those offering crypto derivatives services. For example, the Commodity Futures Trading Commission (CFTC) has recently sued the Binance crypto exchange on charges of violating U.S. derivatives law. Binance Australia also had to shut down the crypto derivatives accounts of some wholesale investors who did not fit the criteria. (The exchange does not allow retail investors to participate in crypto derivatives trading on its platform.)
Gemini’s Bid For Overseas
With FTX gone and now Binance embroiled in legal troubles, there is a significant market share up for grabs in international derivatives trading. In fact, even Coinbase had indicated plans to grab a chunk of this market share by launching an overseas platform to offer perpetual futures derivatives. However, as the crypto trading platform is likely going to face enforcement action from the SEC, as indicated by the Wells notice, Gemini could beat Coinbase to the overseas derivatives race. As one of the co-founders of Gemini, Cameron Winklevoss believes that the next bull run would come from Asia, the company’s international expansion makes even more sense.
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.
6h ago • cryptodaily
More Funds For Crypto Crackdown: SEC Chair
The Chairperson of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is demanding more funds to support his regulatory crusade against cryptocurrencies.
Gensler Wants More Money
On a March 29 testimony to the House Financial Services Subcommittee for SEC’s fiscal year 2024, chief Gary Gensler demanded more financial support to keep up with the technological advances of the crypto sector. He has demanded that the regulatory body needs a higher functioning budget to crack down effectively on bad actors in the country.He said,
“Rapid technological innovation in the financial markets has led to misconduct in emerging and new areas, not least in the crypto space. Addressing this requires new tools, expertise, and resources.”
The budget amount of $2.4 billion was first proposed by President Joe Biden for the fiscal year 2024.
Agency Spread Thin, Needs Funds: Gensler
Gensler claimed that the SEC funds are already spread thin, and the agency requires funding in the amount of $2.4 billion to manage the increasing complexity in the capital markets as introduced by crypto companies. Giving an account of the agency’s functioning, Gensler reported that the Division of Enforcement and Examinations, which consists of a major chunk of the agency’s staff, had received over 35,000 separate tips, complaints, and referrals from whistleblowers in the crypto industry. On top of that, he reported that the Enforcement Division cracked the whip on 750 different cases last year by enforcing actions that brought in $6.4 billion in penalties and fines. Of these 750, thirty actions were related to the crypto industry and brought in $242 million of penalties, indicating a 36% increase over the 22 actions in 2021.
SEC’s Crypto Crusade
However, his statements at the hearing indicate that, as always, Gensler has approached the fund's appeal by lashing out at the crypto industry and portraying his own agency as the lone “cop on the beat” working against the big bad. His statements indicate that it is an unruly space full of bad actors whose sole aim is to trick funds out of the pockets of honest American citizens.
At the budget hearing, Gensler said,
“Further, we’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative asset class.”
The SEC has been accused of being extra-judicial when it comes to cryptocurrency. The regulatory body is quite insistent on getting cryptocurrencies declared as securities so that they fall under the SEC’s purview. The agency’s severe action against certain crypto companies without any congressional oversight has drawn the interest of the U.S. House Financial Services Committee, which has recently summoned Gensler to a subcommittee hearing in April.
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.
6h ago • cryptodaily
Klaytn's Pursuit of the Mass Adoption Trifecta: Why Sustainability, Verifiability, and Collectiveness Matter
As blockchain technology continues to amass hype and interest, several problems still hinder the growth of this new innovation.
According to a 2022 CoinGecko publication, over 40% of (3,322 out of the 8,000) cryptocurrencies listed in 2021 are dead. Most blockchain-based projects struggle to create and maintain a transparent token supply/demand structure. And coupled with the cost of maintenance and increasing energy consumption levels, these projects have found environmental and physical sustainability to be almost impossible.
Another problem of mass adoption is trust. The recent FTX debacle and preceding events, the Axie Infinity failure, and the Terra/LUNA crash have dispelled trust in blockchain, a system purported to be secure and transparent.
While several “community-powered” projects have launched, a few live up to the claim. The current DAO and governance approach incorporated by most projects means wealthier users can buy more tokens to change voting outcomes, eliminating the concept of decentralization.
These problems are at the forefront of blockchain mass adoption, making it difficult to achieve. Klaytn, an open-source public blockchain for builders, workers, and players in the metaverse, has identified the ultimate trifecta for global blockchain adoption and is working to achieve it with sustainability, verifiability, and collectiveness.
Klaytn Foundation’s Vision for Mass Adoption
As part of its long-term vision to drive global adoption, Klaytn introduces a thoroughly crafted 2023 vision map for achieving the mass adoption trifecta.
Sustainability
The two profound components of a project’s sustainability are—a smart tokenomicsstructure capable of creating inherent value for the ecosystem and a well-grounded tech layer capable of supporting such an ecosystem. In line with these components, Klaytn integrates specific goals.
Klaytn’s sound tokenomics and deflationary token model aspirations are stand-out features of this project. For sustainability, this public blockchain platform will continue to reschedule token releases to maintain relevance and initiate realistic targets for the right amount of tokens needed to make $KLAY a genuinely deflationary asset. It will also support activities that will guarantee mid-to-long-term token demand and supply.
Taking into account the cost of running a blockchain-based ecosystem, Klaytnproposes an efficient specification for computer instances and data storage. This singular action will help the team manage nodes dexterously while reducing costs in the long run. Additionally, Klaytn will introduce new concepts such as permissionless network configurations, ecosystem treasury optimization, and token circulation monitoring that will effectively oversee the supply of new tokens based on specific criteria gathered from incumbent market conditions.
Klaytn will also be on the lookout for infrastructures and services where ownership of $KLAY will guarantee holders access to these features, increasing the utility and transactional value of the token. Through exchange listings and on-chain service offerings, Klaytn hopes to attract more users.
To increase the long-term sustainability of $KLAY, Klaytn will regularly burn a percentage of tokens—over 75 million $KLAY has been burned to date, and more are expected in the coming months. The Klaytn team looks to initially burn 5.28 billion (approximately 48% of the current total $KLAY supply) tokens as it seeks to keep $KLAY inherently valuable.
Verifiability
Trustlessness has proven to be a huge sticking point in the blockchain space. Ensuring verifiability in all situations is essential for improving the transparency of all components related to the operation of a blockchain network.
In the spirit of promoting transparency and inclusivity in its governance processes, Klaytn intends to conduct frequent evaluations of community sentiment and develop a robust structure to facilitate efficient decision-making. KIP-81 will be integrated into Klaytn's mainnet, enabling users to conveniently view voting agendas, and monitor voting statuses and results live via the Klaytn Square governance portal. The Klaytn team also looks to open up access to its Governance Council, creating a process for teams interested in becoming GC members to apply directly.
Collectiveness
A robust ecosystem of developers and users is essential to the success of any blockchain network. This community serves as the backbone of the technology, providing the support, innovation, and governance necessary to drive adoption and ensure the security and integrity of the network. Besides enabling seamless onboarding of developers, Klaytn is integrating new measures to encourage active participation and community involvement.
With the aim of providing a hassle-free development environment, Klaytn is set to unveil a suite of ecosystem service tools, including a trustless bridge, developer SDKs that seamlessly integrate with multiple services, and a metaverse package.
As a public blockchain for all, Klaytn promises to be a community-powered project where users and developers are essential members. With that vision in mind, Klaytnwill hold regular developer meet-ups to provide direct communication and feedback channels with the Klaytn core development team. As it seeks to build on the spirit of collectivism, Klaytn also looks to establish “Proof of Hodl” communication touchpoints on its governance portal Klaytn Square, providing participants who contribute directly to the Klaytn ecosystem with opportunities to participate in governance and more.
Through its meticulously-crafted vision map, Klaytn aims to achieve the trifecta of mass adoption —sustainability, verifiability, and collectiveness—taking a giant step towards driving global adoption and rekindling users’ trust in blockchain projects.
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.
8h ago • cryptodaily
Up and Coming Crypto Exchanges You Need to Know About in 2023
It is no secret that exchanges have continued to play a vital role in the growth of the burgeoning cryptocurrency ecosystem, providing enthusiasts with a platform for trading digital assets seamlessly. They serve as intermediaries connecting buyers and sellers, enabling them to exchange cryptocurrencies for other digital assets or fiat currencies.
One of the main benefits of traditional crypto exchanges is their simplicity and user-friendly interfaces. These platforms typically offer a more straightforward and convenient experience compared to decentralized alternatives, making it easier for beginners to enter the world of cryptocurrencies.
Moreover, they offer a high level of liquidity, something that is essential for efficient trading, as it allows users to quickly buy or sell assets without causing significant price fluctuations.
Lastly, traditional crypto exchanges often offer higher customer support and security. Since these platforms are managed by a central authority, they can invest in dedicated customer service teams that assist users with any issues or questions they may encounter.
In this article, we will list out some of the best up-and-coming cryptocurrency exchanges. So without any further ado, let’s jump straight into the heart of the matter.
Public
One of the fastest growing, most trustworthy $0 commission platforms in the market today, Public offers a comprehensive investment platform that empowers individuals to diversify their portfolios via a range of assets, including stocks, ETFs, treasuries, cryptocurrencies, artwork, and collectibles. On a technical note, the platform offers tailored company metrics, up-to-the-minute market analyses, live shows on market trends, and much more.
Public is a fully regulated broker-dealer but provides protection of up to $500,000 for any securities contained in its users' accounts. Additionally, the platform implements bank-grade security measures such as AES 128-bit encryption, TLS for secure data transmission, and default two-factor authentication (for an additional layer of protection).
Since its inception in 2019, Public has attracted over $300 million in investments. The platform's esteemed investors include Accel, Tiger Global, Sean 'Diddy' Combs, Will Smith (Dreamers VC), Maria Sharapova, Tony Hawk, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital.
MaskEX
One of the fastest-growing exchanges in the market today, MaskEX is a trading platform that focuses on delivering a secure and user-friendly trading experience. Featuring an intuitive interface, it caters to both novice and experienced traders, offering a wide range of cryptocurrencies for portfolio diversification.
Moreover, it comes with advanced trading tools, including real-time charting features, various order types, and in-depth market data, enabling users to make informed decisions and execute their strategies effectively. Security is a top priority for MaskEX, as evidenced by the fact that the platform features multi-tiered security protocols to protect users' assets and personal information. These measures include utilizing cold storage for a majority of its funds, distributed storage systems, multi-signature technology, two-factor authentication (2FA), and encrypted SSL connections.
Recently, MaskEX launched several promotional campaigns aimed at enhancing its clients' profit potential. One such initiative is the "Purchase and Earn" campaign for P2P traders, where users who purchase USDT on MaskEX P2P with supported fiat currencies during the campaign period can participate in a $500 prize pool. Another campaign revolves around the MaskEX Virtual Card, where users who make purchases using the card during the promotional period stand a chance to share in a $1,000 prize pool. Both campaigns will run from April 1st to April 30th.
Pionex
Pionex.US stands out as the top choice for automated trading in the cryptocurrency sphere due to its integrated auto-trading bots, competitive fee structure, and user-friendly interface. Launched in 2019, the Singapore-based Pionex has gained significant traction online by offering an affordable fee schedule along with a suite of 16 built-in trading bots. The US counterpart, Pionex.US, provides spot trading and features 11 available bots, making it the most comprehensive automated solution for cryptocurrency trading.
The platform boasts a range of bots with diverse functionalities, such as purchasing at a dollar-cost average for a single sell-off, automatically creating and rebalancing an index, and implementing various strategies for buying low and selling high. Furthermore, Pionex.US maintains an attractive maker/taker fee structure for spot trades, similar to its global counterpart. Depending on the crypto pairing, fees range from 0.05% to 0% and apply to both manual and bot-assisted trades.
While the platform excels in offering manual and automated trading options, tutorial resources, and customer support, it does have some limitations. For example, it is unavailable in certain states across the US, lacks some key fiat withdrawal options, and has insufficient bot tutorials/explanations on the company website.
PrimeXBT
PrimeXBT is another promising cryptocurrency trading platform that offers a wide array of financial instruments and advanced trading tools to traders from over 150 countries. One of its standout features is its extensive product offering, which enables users to trade cryptocurrencies, forex, commodities, and stock indices, all from a single account.
Additionally, PrimeXBT offers a highly competitive fee structure and employs advanced trading technology to ensure a seamless experience for its clients. The platform supports leveraged trading, offering up to 100x leverage for cryptocurrencies and even higher leverage for other asset classes, enabling traders to capitalize on market opportunities with minimal initial capital. Additionally, the platform delivers an ultra-fast order execution rate (< 7.12 ms on average) and an industry-leading trade engine with real-time risk management. Lastly, all transactions taking place within the PrimeXBT ecosystem are secured using the Amazon AWS framework.
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.
8h ago • cryptodaily
Buy Bitcoin before it becomes too expensive says Robert Kiyosaki
Rich Dad Poor Dad author and billionaire entrepreneur Robert Kiyosaki has urged Twitter followers to buy Bitcoin, gold, silver, and top brands before they become too expensive.
In one of his latest Twitter posts, Robert Kiyosaki tweeted “Rising interest rates killing capitalism” and “Buy before systemic inflation is in control”. His recommendations of what to buy include bitcoin, gold, silver, and the rich brands.
SHOP til YOU DROP. Retail prices dropping. Rising interest rates killing capitalism. Rich brands on sale. Buy before systemic inflation is in control. Inflation is systemic not transitory. Buy Prada, Panerai, Polo, gold, silver, BC before brands become expensive. F’ poverty.
— Robert Kiyosaki (@theRealKiyosaki) March 29, 2023
Kiyosaki has never minced his words when referring to the monetary system and what he perceives as the rapidly falling value of the dollar and all other fiat currencies.
He has been scathing of the Federal Reserve, and other central banks, and has recommended that investors pull their cash out of the banking system and put it into “real money” such as gold, silver, and bitcoin.
Kiyosaki is aware that his tweets and podcasts often attract a lot of detractors, but says “even if you choke on my two emergency podcasts, please listen, then decide what you want to do.” He adds:
“If you trust our government, banks & Wall Street PLEASE STOP FOLLOWING ME.”
Quite possibly, besides the recent podcasts, featuring Andy Schectman, many of the haters are upset with Kiyosaki’s oft-used phrase of DCB - Deception, Betrayal, and Collusion, which he accuses banks, Wall Street, and government of.
With recent bank failures, and the actions of the Federal Reserve and other central banks, in promising potentially trillions of dollars in value with which to prop up any other of the large to medium sized banks in difficulties, it’s not difficult to imagine that Kiyosaki’s voice will sit well with investors and depositors who have much to gain or lose.
Kiyosaki has made himself a fortune by investing in real-estate and has protected himself by buying all the assets, such as bitcoin, gold, and silver, which he is recommending to his followers.
The same banks and financial organisations that Kiyosaki is deriding, will no doubt be concerned that such a well-respected financial guru is taking them to task. However, more important is that this man’s practical, albeit unpalatable views, are seen and heard by the common investor.
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.
9h ago • cryptodaily
BitKeep Wallet Rebrands as Bitget Wallet, Releases Updated Roadmap for 2023
BitKeep – the largest non-custodial cryptocurrency wallet with over 8 million users, has released the details of its updated roadmap for 2023, which foresees its rebranding into Bitget Wallet. The new document was released shortly after BitKeep received a $30 million investment from the Bitget crypto derivatives platform and joined its growing ecosystem of financial and Web3 products.
The roadmap includes a concise outline for a complete rebranding of the service including the logo and style, with reshuffling of the management team and general improvements to infrastructure security, leveraging solutions from Bitget. Among the main points outlined in the document are alignment with Bitget’s overall visual appearance, as well as technical updates that will allow the service to function as part of the broader Bitget ecosystem. Most importantly, the 8 million users of BitKeep will be able to rely on the $300 million Bitget User Protection Fund in case of any potential threats, as the one encountered in December of 2022.
Bitget received a controlling stake in the BitKeep wallet for a $30 million injection during the latest funding round. The incorporation of BitKeep into the Bitget ecosystem will have a positive impact on user protection and overall system security. BitKeep will also receive quick access to cybersecurity experience as that provided by firms like Certik and new verification support features through MD5, as well as support for hardware wallets providers like KeyStone.
Bitget has been on the track of incorporating its services into Web3 space with greater resolve and speed, as outlined in its new ‘Go Beyond Derivative Strategy’. The acquisition of BitKeep is an important step in the exchange’s desire to expand its ecosystem of products and services to turn it into a holistic bridge between the worlds of DeFi and CeFi with quick access to Web3.
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.
9h ago • cryptodaily
U.S. and South Korea Seek Extradition of Do Kwon
The U.S. and South Korea are seeking the extradition of international crypto fugitive Do Kwon. Kwon, along with another suspect, was arrested last week in Montenegro.
The Montenegrin Justice minister Marko Kovac said on Wednesday that the United States and South Korea had requested the extradition of Do Kwon. Kwon is a South Korean national who stands accused on charges of multibillion-dollar fraud related to the collapse of the Terra ecosystem in May 2022.
The Terra co-founder was arrested in the Podgorica region of Montenegro last week. Minister Kovac said during a news conference that South Korea and the U.S. have officially requested Kwon and another suspect’s extradition.
Kovac added the two suspects were charged in Montenegro with forging documents after they attempted to board a flight to Dubai. Montenegrin authorities charged Kwon and the second suspect – identified as Hon Chang Joon, with forging official documents. Reuters reports Kwon and Joon were found in possession of doctored Costa Rican passports, a second set of Belgian passports, laptops, and other devices.
The Multiple Charges Against Do Kwon
South Korean authorities charged Kwon in September for violating its Capital Markets Acts and issued a warrant for his arrest. Following investigations by numerous law enforcement agencies and having charges filed against him, the International Criminal Police Organisation, or Interpol, issued a red notice for Kwon.
U.S. federal prosecutors indicted Kwon with two counts each of securities fraud, wire fraud, commodities fraud, and conspiracy hours after his arrest.
Who Will Get Custody of Kwon?
It is unclear who will get custody of Kwon, given that he faces criminal charges in several jurisdictions. Kovac explained that extradition proceedings would only commence after local courts have dealt with the charges against Kwon and Joon for their use of falsified documents. If Kwon and Joon are sentenced for the charges in Montenegro, they would have to serve this out before being extradited.
Since more than one country has requested extradition for Kwon, Kovac said the decision ultimately lies with the courts. He explained:
In the case when we receive several extradition requests, determining to which state they will be extradited is based on several factors like the severity of the committed criminal offense, the location and the time when the criminal offense has been committed, the order in which we have received the request for extradition and several other factors.
A local court in Podgorica placed Kwon and Joon in a 30-day pre-trial detention.
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.
10h ago • cryptodaily
BTC Has Strongest Quarter In 2 Years, Crypto Daily TV 30/3/2023
In Todays Headline TV CryptoDaily News:
XRP surges.
XRP, the cryptocurrency issued by Ripple, is surging on rumors surrounding outcome of its long-running legal fight with the SEC. The crypto was up as much as 10%.
Crypto Exchange Kraken and Formula One’s Williams racing team up.
Crypto exchange Kraken signed a multi-year global pact with Formula One team Williams Racing, marking the trading platform’s first major sponsorship deal even as sports tie-ups with digital-asset firms become increasingly unpopular.
Bitcoin storms toward its strongest quarter in 2 years.
Bitcoin has stormed to a 72% gain over the last three months and is on track for its strongest quarter in two years. The token has outperformed both the Nasdaq 100 and gold, which are up 15% and 9%, respectively, in the same stretch.
BTC/USD skyrocketed 4.0% in the last session.
The Bitcoin-Dollar pair exploded 4.0% in the last session. The Ultimate Oscillator is giving a positive signal, which matches our overall technical analysis. Support is at 262631 and resistance at 280131.
The Ultimate Oscillator is currently in positive territory.
ETH/USD skyrocketed 1.5% in the last session.
The Ethereum-Dollar pair skyrocketed 1.5% in the last session. The Stochastic-RSI is giving a positive signal, which matches our overall technical analysis. Support is at 1666.6333 and resistance at 1845.2733.
The Stochastic-RSI is currently in positive territory.
XRP/USD skyrocketed 6.3% in the last session.
The Ripple-Dollar pair gained 6.3% in the last session after rising as much as 13.2% during the session. The Stochastic indicator's positive signal is in line with the overall technical analysis. Support is at 0.4388 and resistance at 0.571.
The Stochastic indicator is currently in the positive zone.
LTC/USD exploded 3.1% in the last session.
The Litecoin-Dollar pair skyrocketed 3.1% in the last session. The RSI is giving a positive signal. Support is at 84.2067 and resistance at 91.9867.
The RSI is currently in positive territory.
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 Gross Domestic Product Price Index at 12:30 GMT, the Eurozone's Business Climate at 09:00 GMT.
US Gross Domestic Product Price Index
The GDP Price Index gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure.
EMU Business Climate
The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy.
ES 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. Spain's Consumer Price Index will be released at 07:00 GMT, Japan's Unemployment Rate at 23:30 GMT, Japan's Jobs / Applicants Ratio at 23:30 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.
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.
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.