Crypto Daily - Crypto And Financial News 11/08/2022 Ripple Buying Celsius?

Crypto Daily - Crypto And Financial News 11/08/2022 Ripple Buying Celsius?
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BitPay partners Cardlytics for cash back rewards.

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, added a reward program to its BitPay Prepaid Card. Cardlytics, a cash-back rewards platform, is managing the rewards where the BitPay cardholder automatically receives cash back on purchases.

Hackers have stolen $1.4 billion this year using crypto bridges.

Crypto bridges, which link blockchain networks together, have become major targets for cybercriminals. A total of around $1.4 billion has been lost to breaches on cross-chain bridges this year, according to figures from blockchain analytics firm Chainalysis.

Ripple Labs 'interested' in bankrupt crypto lender Celsius' assets.

San Francisco-based blockchain payments company Ripple Labs Inc is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson.

BTC/USD exploded 2.9% in the last session.

The Bitcoin-Dollar pair exploded 2.9% in the last session. The Stochastic indicator is giving a negative signal. Support is at 22289.6667 and resistance at 24337.6667.

The Stochastic indicator is giving a negative signal.

ETH/USD skyrocketed 7.5% in the last session.

The Ethereum-Dollar pair skyrocketed 7.5% in the last session. According to the CCI, we are in an overbought market. Support is at 1599.2733 and resistance at 1841.3733.

The CCI points to an overbought market.

XRP/USD skyrocketed 2.6% in the last session.

The Ripple-Dollar pair skyrocketed 2.6% in the last session. The MACD is giving a negative signal. Support is at 0.3499 and resistance at 0.3887.

The MACD is currently in negative territory.

LTC/USD skyrocketed 4.3% in the last session.

The Litecoin-Dollar pair gained 4.3% in the last session after rising as much as 5.2% during the session. The Stochastic-RSI is giving a negative signal. Support is at 55.5833 and resistance at 64.6433.

The Stochastic-RSI is currently in negative territory.

Daily Economic Calendar:

IE Consumer Price Index

The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. The Irish Consumer Price Index will be released at 10:00 GMT, Japan's Foreign Investment in Japan Stocks at 23:50 GMT, the US Continuing Jobless Claims at 12:30 GMT.

JP Foreign Investment in Japanese Stocks

Securities investment referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency.

US Continuing Jobless Claims

The Counting Jobless Claims measure the number of individuals who are unemployed and are currently receiving unemployment benefits.

JP Foreign Bond Investment

The Foreign Bond Investment refers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. Japan's Foreign Bond Investment will be released at 23:50 GMT, the US Initial Jobless Claims at 12:30 GMT, the Irish HICP at 10:00 GMT.

US Initial Jobless Claims

The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance.

IE HICP

The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI).

California State Kills Main Crypto Bill, Why?
flow
1 hours ago

One of the pressures in the crypto market is regulation. Many countries' regulators are consistent in supporting the control and monitoring of crypto assets. These regulators always create laws to...

Ethiopian Crypto Providers Will Now Need To Register With CyberSecurity Agency
23 hours ago

Cryptocurrency service providers that are operating in Ethiopia have been instructed to register with the nation’s cybersecurity agency. The cybersecurity agency is called the Information Network Security Administrative (INSA). INSA is the agency in charge of Ethiopia’s cybersecurity department, which will start to register cryptocurrency services and transfer providers in Ethiopia. Service providers after the […]