Argo Shares Suspended In UK and US, Crypto Daily TV…

In Todays Headline TV CryptoDaily News:

Shares of Argo Blockchain suspended in UK and US.

Trading in shares of London-based Argo Blockchain was suspended in the U.K. and U.S. The exact reason for the suspension was not disclosed, but it typically is due to the pending release of news.

Litecoin mega whales scoop up LTC

Litecoin mega whale addresses holding their highest level of available supply since June 2017 started mass accumulation of LTC. In the past five weeks, 2.95 million Litecoin tokens were accumulated by addresses with 1 million or more LTC in their wallet.

Lawsuit against SBF and celebrity promoters dropped.

A class action lawsuit filed last month against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped.

BTC/USD remained largely unchanged in the last session.

The Bitcoin-Dollar price remained largely unchanged in the last session. The Stochastic indicator is giving a negative signal. Support is at 17034.6667 and resistance at 17280.6667.

The Stochastic indicator is giving a negative signal.

ETH/USD traded sideways in the last session.

The Ethereum-Dollar pair traded sideways in the last session. The CCI is giving a negative signal. Support is at 1248.051 and resistance at 1290.451.

The CCI is currently in the negative zone.

XRP dropped 0.7% against USD in the last session.

The last session saw the Ripple drop 0.7% against the Dollar. The Williams indicator is giving a negative signal. Support is at 0.3833 and resistance at 0.3908.

The Williams indicator is currently in the negative zone.

LTC/USD skyrocketed 1.3% in the last session.

The Litecoin-Dollar pair exploded 1.3% in the last session. The RSI is giving a negative signal. Support is at 74.871 and resistance at 78.151.

The RSI is currently in the negative zone.

Daily Economic Calendar:

US Monthly Budget Statement

The Monthly Budget Statement summarizes the financial activities of federal entities, disbursing officers, and Federal Reserve banks. The US Monthly Budget Statement will be released at 19:00 GMT, the US 3-Month Bill Auction at 16:30 GMT, and Finland’s Current Account at 06:00 GMT.

US 3-Month Bill Auction

Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity.

FI Current Account

The Current Account measures the net flow of current transactions, including goods, services, and interest payments into and out of the local economy.

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, the UK’s Gross Domestic Product at 07:00 GMT, and the UK’s Industrial Production at 07:00 GMT.

UK Gross Domestic Product

The Gross Domestic Product measures the total value of all goods and services produced by a country. The GDP is considered a broad measure of economic activity and health.

UK Industrial Production

Industry is a basic category of business activity. Changes in the volume of the physical output of the nation’s factories, mines, and utilities are measured by the index of industrial production.

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.