Kraken To Stop Japan Ops, Crypto Daily TV 29/12/2022

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=U0cInRdE-2I

Bitcoin miner Argo will avoid bankruptcy.

Bitcoin miner Argo Blockchain will avoid filing for bankruptcy protection, after it agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. The miner will also get a new $35 million loan from Mike Novogratz’s crypto-focused financial services firm.

Crypto exchange Kraken to stop operations in Japan.

U.S.-based crypto exchange Kraken said it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.

Crypto trader charged with fraud in alleged Mango Markets scam.

A cryptocurrency trader accused of rigging the Mango Markets exchange and attempting to steal $110 million was arrested in Puerto Rico and charged with fraud by prosecutors in New York.

BTC/USD dove 1.0% in the last session.

The Bitcoin-Dollar pair dove 1.0% in the last session. The Ultimate Oscillator gives a negative signal. Support is at 164231 and resistance is at 171351.

The Ultimate Oscillator is currently in negative territory.

ETH/USD plummeted 2.1% in the last session.

The Ethereum-Dollar pair dove 2.1% in the last session. The Ultimate Oscillator gives a negative signal, which matches our overall technical analysis. Support is at 1184.5033 and resistance at 1246.6233.

The Ultimate Oscillator is currently in negative territory.

XRP/USD dove 2.6% in the last session.

The Ripple-Dollar pair dove 2.6% in the last session. The ROC gives a negative signal. Support is at 0.3522 and resistance is at 0.3803.

The ROC is currently in negative territory.

LTC/USD dove 3.5% in the last session.

The Litecoin-Dollar pair dove 3.5% in the last session. The Stochastic indicator gives a positive signal. Support is at 65.961 and resistance is at 72.381.

The Stochastic indicator is currently in positive territory.

Daily Economic Calendar:

US MBA Mortgage Applications

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. The US MBA Mortgage Applications will be released at 12:00 GMT, the US Continuing Jobless Claims at 13:30 GMT, and the US Initial Jobless Claims at 13:30 GMT.

US Continuing Jobless Claims

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

US Initial Jobless Claims

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

US EIA Crude Oil Stocks Change

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, released by the Energy Information Administration. The US EIA Crude Oil Stocks Change will be released at 16:00 GMT, Spain’s Retail Sales at 08:00 GMT, and Italy’s 10-y Bond Auction at 10:30 GMT.

ES Retail Sales

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

IT 10-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.

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.