CZ Warns Of Turbulent Times Above, Crypto Daily TV 15/12/2022

In Todays Headline TV CryptoDaily News:

Coinbase’s prime broker platform receives industry attestation reports.

Coinbase’s prime broker platform, Coinbase Prime, has received two System and Organization Control attestation reports that verify that an organization follows industry best practices.

Japan lawmaker chides crypto watchdog over FTT coin approval.

A Japanese lawmaker urged more clarity on cryptocurrency regulation after an industry watchdog didn’t tell consumers about potential red flags around FTX’s native coin when it approved the token for a local listing this year.

CZ warns staff.

Binance’s Chief Executive Officer Changpeng “CZ” Zhao has warned his staff to expect turbulent times ahead as the giant crypto exchange sees a wave of crypto outflows amid concerns about its financial health.

The Bitcoin-Dollar pair gained a moderate 0.1% in the last session.

The Bitcoin-Dollar pair gained 0.1% in the last session after rising as much as 3.3% during the session. The Stochastic indicator is giving a positive signal. Support is at 16750.3333 and resistance at 18498.3333.

The Stochastic indicator is currently in the positive zone.

ETH fell 0.8% against USD in the last session.

The Ethereum-Dollar pair fell 0.8% in the last session after gaining as much as 2.1% during the session. The Ultimate Oscillator is giving a positive signal. Support is at 1217.931 and resistance at 1396.391.

The Ultimate Oscillator gives a positive signal.

XRP/USD plummeted 2.8% in the last session.

The Ripple-Dollar pair plummeted 2.8% in the last session. The Stochastic-RSI is giving a negative signal, which matches our overall technical analysis. Support is at 0.3718 and resistance at 0.4082.

The Stochastic-RSI is currently in the negative zone.

LTC/USD dove 2.7% in the last session.

The Litecoin-Dollar pair dove 2.7% in the last session. The Williams indicator indicates an oversold market. Support is at 71.771 and resistance at 82.571.

The Williams indicator is signalling an oversold market.

Daily Economic Calendar:

US Initial Jobless Claims

The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance.  The US Initial Jobless Claims will be released at 13:30 GMT, the UK’s Monetary Policy Summary at 12:00 GMT, and the US Retail Sales at 13:30 GMT.

UK Monetary Policy Summary

The Monetary Policy Summary contains the outcome of the vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced the vote.

US Retail Sales

Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales.

AU Unemployment Rate

The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. Australia’s Unemployment Rate will be released at 00:30 GMT, Australia’s Employment Change at 00:30 GMT, and Japan’s Tertiary Industry Index at 04:30 GMT.

AU Employment Change

The Employment Change is a measure of the change in the number of employed people, which in turn shows the Labor market’s strength.

JP Tertiary Industry Index

The Tertiary Industry Index is an indicator of the health of the domestic service sector and related economic factors.

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.