In today’s Headline TV CryptoDaily News:
MakerDAO is proposing an additional $750 million U.S. Treasury purchase.
MakerDAO, the decentralized autonomous organization behind the DAI stablecoin, is reviewing a proposal that would allocate an additional $750 million to invest in US Treasuries as it appears to benefit from a favorable yield environment, adding to the $500 million approved in October .
FTX’s trading partner Alameda is suing Grayscale.
FTX trading partner Alameda has sued crypto investment firm Grayscale and its owner Digital Currency Group over the structure of their large bitcoin and Ethereum trusts, dealing another blow to the SoftBank-backed crypto conglomerate.
Latin American travel agency now accepts crypto.
Despegar, a leading online travel agency in Latin America, has started accepting crypto as a form of payment in Argentina in partnership with Binance Pay, both companies have announced.
BTC/USD plunged 1.6% in the last session.
The Bitcoin-Dollar pair plunged 1.6% in the last session. According to the CCI, we are in an oversold market. Support is at 221641 and resistance at 227061.
The CCI points to an oversold market.
ETH/USD fell 1.3% in the last session.
The Ethereum-Dollar pair plunged 1.3% in the last session. The RSI is sending a negative signal. Support is at 1541.7467 and resistance at 1593.2067.
The RSI is currently in the negative zone.
XRP/USD shot up 3.3% in the last session.
The Ripple-Dollar pair exploded by 3.3% in the last session. The Williams indicator gives a positive signal. Support is at 0.3535 and resistance at 0.3821.
The Williams indicator is currently in positive territory.
LTC/USD plunged 2.6% in the last session.
The Litecoin-Dollar pair was down 2.6% in the last session. The RSI is sending a negative signal. Support is at 84.3333 and resistance at 92.1133.
The RSI is currently in negative territory.
Daily economic calendar:
US ADP employment change
The ADP Employment Change is a measure of the change in the number of employed people in the US, making it an indicator of the labor market. The US ADP Employment Change is released at 13:15 GMT, the US Fed’s Beige Book at 18:00 GMT and the Eurozone Gross Domestic Product at 10:00 GMT.
Beige Book of the US Fed
The Beige Book reports on the current economic situation through interviews with key business contacts, economists, market experts and other sources.
EMU Gross Domestic Product
Gross domestic product is a measure of the total value of all goods and services produced by a country. GDP is considered a broad measure of economic activity and health.
Retail
The Retail Sales measures the total receipts of stores. Monthly percentage changes reflect the percentage change of such sales. Retail sales in Germany are published at 07:00 GMT, Japan’s gross domestic product at 23:50 GMT, and Japan’s annualized gross domestic product at 23:50 GMT.
JP Gross Domestic Product
Gross domestic product is a measure of the total value of all goods and services produced by a country. GDP is considered a broad measure of economic activity and health.
JP Gross domestic product on an annual basis
The annual gross domestic product shows the annualized monetary value of all goods, services and structures produced in a country.
Disclaimer: This article is for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.