Mastercard to Adopt Crypto – CryptoDaily TV

In Todays Headline TV CryptoDaily News:

Ripple begins testing XRP ledger sidechain 

Ripple is testing a way for developers to deploy smart contracts made for the larger and more popular Ethereum on its XRP Ledger blockchain with little effort.

Binance to launch cloud mining business.

The world’s largest crypto exchange by volume, Binance continues its push into the embattled crypto mining industry with a plan to begin offering a crypto cloud mining product next month.

Mastercard is bringing crypto trading to your bank.

Mastercard is launching a program to enable mainstream banks to offer crypto trading to their customers. The deal will see them act as a middleman between the banks and crypto platform Paxos. It’s expected to drive adoption of crypto to investors who aren’t ready to jump ship to startups like Coinbase and Crypto.com.

BTC/USD skyrocketed 1.2% in the last session.

The Bitcoin-Dollar pair skyrocketed 1.2% in the last session. The ROC is giving a negative signal. Support is at 188951 and resistance is at 196151.

The ROC is currently in negative territory.

ETH/USD exploded by 1.6% in the last session.

The Ethereum-Dollar pair rose 1.6% in the last session after gaining as much as 2.4% during the session. The CCI is giving a positive signal. Support is at 1258.5367 and resistance is at 1338.2167.

The CCI is currently in the positive zone.

XRP/USD made a minor downwards correction of 0.2%.

The Ripple-Dollar pair fell 0.2% in the last session after gaining as much as 1.2% during the session. The Stochastic indicator is giving a negative signal. Support is at 0.4583 and resistance is at 0.4965.

The Stochastic indicator is giving a negative signal.

LTC/USD gained 0.4% in the last session.

The Litecoin-Dollar pair rose 0.4% in the last session after gaining as much as 1.3% during the session. The Stochastic indicator is giving a positive signal. Support is at 49.7233 and resistance is at 52.6233.

The Stochastic indicator is giving a positive signal.

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 18:00 GMT, the US Redbook Index at 12:55 GMT, the Eurozone’s ZEW Survey – Economic Sentiment at 09:00 GMT.

US Redbook Index

The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.

EMU ZEW Survey – Economic Sentiment

The ZEW Survey – Economic Sentiment measures institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and are pessimistic.

DE ZEW Survey – Current Situation

The ZEW Survey – Current Situation measures the current institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and are pessimistic. Germany’s ZEW Survey – Current Situation will be released at 09:00 GMT, the UK’s 30-y Bond Auction at 09:30 GMT, Australia’s RBA Meeting Minutes at 00:30 GMT.

UK 30-y Bond Auction

The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors’ outlook on future interest rates.

AU RBA Meeting Minutes

The minutes of the Reserve Bank of Australia meetings give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee.

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