In Todays Headline TV CryptoDaily News:
US sanctions ‘Tornado Cash’ for laundering crypto funds for North Korea.
The US is sanctioning Tornado Cash, an Ethereum “mixing” service, for allegedly helping North Korea launder millions of dollars stolen in cryptocurrency hacks. Hackers tapped Tornado Cash to launder some of the funds stolen from the $622 million Ronin Network hack back in March.
Chainlink confirms support to The Merge but not Ethereum hard forks.
Chainlink, the decentralized node network that utilizes oracles to offer data from off-chain sources to blockchain smart contracts, confirmed it would support Ethereum’s transition to proof-of-stake or The Merge, but not its proof-of-work hard fork.
Crypto investment risks rising, but virtual technology still worth cultivating.
The crypto trade bubble may burst, but the technology applications and innovation trends behind it will not. Basic technology developments such as AI, cognitive technology, blockchain infrastructure, and virtualized visual technology are still worthy of commitment.
BTC/USD skyrocketed 3.0% in the last session.
The Bitcoin-Dollar pair exploded 3.0% in the last session. The RSI is giving a positive signal. Support is at 22577.3073 and resistance at 23697.3073.
The RSI is currently in the positive zone.
ETH/USD exploded 3.8% in the last session.
The Ethereum-Dollar pair skyrocketed 3.8% in the last session. The MACD is giving a negative signal. Support is at 1639.9767 and resistance at 1759.1167.
The MACD is currently in the negative zone.
XRP/USD skyrocketed 1.8% in the last session.
The Ripple-Dollar pair skyrocketed 1.8% in the last session. The Stochastic indicator is giving a negative signal. Support is at 0.3637 and resistance at 0.3812.
The Stochastic indicator is giving a negative signal.
LTC/USD exploded 2.7% in the last session.
The Litecoin-Dollar pair rose 2.7% in the last session after gaining as much as 4.9% during the session. The Stochastic-RSI is giving a positive signal. Support is at 58.931 and resistance at 63.091.
The Stochastic-RSI is giving a positive signal.
Daily Economic Calendar:
US Unit Labor Costs
The Unit Labor Cost shows the total cost of employing a labor force. It can serve as an indicator of trends in production costs, share prices, and inflation. The US Unit Labor Costs will be released at 12:30 GMT, the US NFIB Business Optimism Index at 10:00 GMT, and the US Redbook Index at 12:55 GMT.
US NFIB Business Optimism Index
The NFIB Business Optimism Index results from Small Business Economic Trends data collected quarterly surveys since 1974 and monthly surveys since 1986.
US Redbook Index
The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.
JP Machine Tool Orders
The Machine Tool Orders show movements in tool orders by manufacturers. It indicates the state of the Japanese economy. Japan’s Machine Tool Orders will be released at 06:00 GMT, Japan’s Producer Price Index at 23:50 GMT, and the UK’s 30-y Bond Auction at 09:30 GMT.
JP Producer Price Index
The Producer Price Index measures the average changes in prices in primary markets by producers of commodities in all states of processing.
UK 30-y Bond Auction
The auction sets the average yield on the bonds auctioned off. Bond market investors set yields, which 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.