Crypto Daily – Daily Crypto And Financial News 14/07/2022, 3AC Liquidators Get Greenlight To Claim U.S. Assets


In Todays Headline TV CryptoDaily News:

Court permission

Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapore-based company’s assets, noting that 3AC’s missing-in-action founders no longer control its accounts.

New chain for ultra-low-cost transactions

Ethereum’s largest layer 2 protocol Arbitrum launched a new chain for ultra-low-cost transactions. Arbitrum Nova chain is live on the mainnet and open for developers to deploy applications and solutions before public launch.

ZCash added to Bitcoin of America ATM locations

Bitcoin of America has announced a new addition to their Bitcoin ATMs. ZCash is now available at their locations. Bitcoin of America saw an increase in the popularity of ZCash and decided it was time to add it as an option for customers.

BTC/USD skyrocketed 2.0% in the last session

The Bitcoin-Dollar pair skyrocketed 2.0% in the last session. The MACD is giving a positive signal, going against our overall technical analysis. Support is at 18736.5243 and resistance at 20325.2383.

The MACD is currently in positive territory.

ETH/USD skyrocketed 4.2% in the last session

The Ethereum-Dollar pair exploded 4.2% in the last session. The Stochastic-RSI’s negative signal is in line with the overall technical analysis. Support is at 995.7033 and resistance at 1119.2233.

The Stochastic-RSI is giving a negative signal.

XRP/USD skyrocketed 1.6% in the last session

The Ripple-Dollar pair skyrocketed 1.6% in the last session. The ROC is giving a positive signal. Support is at 0.3026 and resistance at 0.3227.

The ROC is giving a positive signal.

LTC/USD exploded 2.0% in the last session

The Litecoin-Dollar pair exploded 2.0% in the last session. The ROC’s positive signal contradicts our overall technical analysis. Support is at 45.9533 and resistance at 50.0333.

The ROC is currently in the positive zone.

Daily Economic Calendar:

JP Industrial Production

The 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. 

Japan’s Industrial Production will be released at 04:30 GMT, the US Initial Jobless Claims at 12:30 GMT, and Finland’s Consumer Price Index at 05:00 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.

FI 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.

US Continuing Jobless Claims

The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, Australia’s Unemployment Rate at 01:30 GMT, and Australia’s Employment Change at 01:30 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.

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.

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.

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