In Todays Headline TV CryptoDaily News:
Iran and Russia want to issue stablecoin backed by gold.
Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade. The token is projected to be issued in the form of a stablecoin backed by gold, according to Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain.
FTX says $415 million in crypto was hacked.
FTX has said it had recovered over $5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its international and U.S. crypto exchanges. FTX attributed some of the shortfall to hacks, saying that $323 million in crypto had been hacked from FTX’s international exchange and $90 million had been hacked from its U.S. exchange since it filed for bankruptcy.
Latin American Web3 infrastructure provider Parfin raises $15M.
Parfin, a Latin American Web3 infrastructure provider, has raised $15 million in a seed investment round. The funding was led by crypto investment firm Framework Ventures, the company said in a statement, adding that L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3, also invested.
BTC/USD dove 1.7% in the last session.
The Bitcoin-Dollar pair dove 1.7% in the last session. The ROC is giving a negative signal. Support is at 20573.3333 and resistance at 21799.3333.
The ROC is currently in the negative zone.
ETH/USD dove 2.7% in the last session.
The Ethereum-Dollar pair plummeted 2.7% in the last session. The Stochastic indicator indicates an overbought market. Support is at 1511.751 and resistance at 1629.731.
The Stochastic indicator is signalling an overbought market.
XRP/USD plummeted 1.2% in the last session.
The Ripple-Dollar pair fell 1.2% in the last session after gaining as much as 2.2% during the session. The Williams indicator is giving a negative signal. Support is at 0.3689 and resistance at 0.4073.
The Williams indicator is giving a negative signal.
LTC/USD dove 4.5% in the last session.
The Litecoin-Dollar pair plummeted 4.5% in the last session. The MACD is giving a positive signal. Support is at 82.6967 and resistance at 91.0767.
The MACD is currently in positive territory.
Daily Economic Calendar:
US Housing Starts
The Housing Starts captures how many new single-family homes or buildings were constructed. It is a key indicator of the housing market. The US Housing Starts will be released at 13:30 GMT, Australia’s Unemployment Rate at 00:30 GMT, the US Initial Jobless Claims at 13:30 GMT.
AU Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
US Initial Jobless Claims
The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance.
UK RICS Housing Price Balance
The RICS Housing Price Balance survey presents housing costs. It shows the strength of the housing market. The UK’s RICS Housing Price Balance will be released at 00:01 GMT, Australia’s Employment Change at 00:30 GMT, the Eurozone’s Current Account at 09:00 GMT.
AU Employment Change
The Employment Change is a measure of the change in the number of employed people, which in turn shows the strength of the Labour market.
EMU Current Account
The Current Account measures net flow of current transactions, including goods, services and interest payments into and out of the local economy.
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.