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Crypto Daily 2023-06-29 08:06:00

2023

In Todays Headline TV CryptoDaily News: Syscoin developer launches Ethereum-compatible Layer 2 network Sys Labs, the developer behind the Syscoin blockchain, which aims to combine Ethereum-style programmability with Bitcoin’s security, has launched a “layer 2” network called Rollux for cheaper and faster transactions. Fidelity readies new spot bitcoin ETF filing Asset manager Fidelity is expected to file with the U.S. securities regulator for a spot bitcoin exchange-traded fund, joining other big money managers seeking to launch bitcoin ETFs. Binance’s market share fell further in June Binance, the world’s largest cryptocurrency exchange by trading volume, saw its market share continue to decrease in June as the U.S. Securities and Exchange Commission sued the company and its founder Changpeng Zhao. BTC/USD plummeted 1.9% in the last session. The Bitcoin-Dollar pair dove 1.9% in the last session. The Stochastic indicator is giving a negative signal. Support is at 29886.3333 and resistance at 31430.3333. The Stochastic indicator is currently in the negative zone. ETH/USD plummeted 3.1% in the last session. The Ethereum-Dollar pair plummeted 3.1% in the last session. The Williams indicator is giving a negative signal. Support is at 1830.2567 and resistance at 1941.3167. The Williams indicator is currently in negative territory. XRP/USD dove 4.5% in the last session. The Ripple-Dollar pair dove 4.5% in the last session. The RSI is giving a negative signal. Support is at 0.4729 and resistance at 0.4904. The RSI is currently in the negative zone. LTC/USD dove 5.8% in the last session. The Litecoin-Dollar pair dove 5.8% in the last session. The ROC gives a negative signal. Support is at 85.711 and resistance at 90.551. The ROC is currently in negative 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, Australia's Retail Sales at 01:30 GMT, the US Gross Domestic Product Price Index at 12:30 GMT. AU Retail Sales Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. US Gross Domestic Product Price Index The GDP Price Index gauges the change in the prices of goods and services. The GDP price index changes 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. The Eurozone's Business Climate will be released at 09:00 GMT, the Portuguese Consumer Confidence at 08:30 GMT, and Japan's Tokyo CPI at 23:30 GMT. PT Consumer Confidence Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. 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.