Genesis Unveils Sale Plan With DCG, Crypto Daily TV 13/2/2023

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=9RPnYh55oIc

Ethereum sets February date for Sepolia testnet to get Shanghai hard fork.

Ethereum developers agreed on Feb. 28 as the target date for pushing the Sepolia test network through the Shanghai upgrade, the blockchain’s big upcoming move to allow withdrawals of staked ether.

Genesis unveils proposed sale plan with DCG.

Genesis Global Holdco, which filed for bankruptcy protection last month, unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group pay off some of the firm’s creditors.

Coinbase executive joins a16z.

Surojit Chatterjee, who served as the chief product officer for cryptocurrency exchange Coinbase, has joined venture capital firm Andreessen Horowitz as an executive in residence for its crypto unit.

BTC fell 0.8% against USD in the last session.

The Bitcoin-Dollar pair dropped 0.8% in the last session after rising as much as 1.0% during the session. The MACD is giving a negative signal. Support is at 21505.3333 and resistance at 22083.3333.

The MACD is currently in the negative zone.

ETH/USD plummeted 2.8% in the last session.

The Ethereum-Dollar pair dove 2.8% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 1495.091 and resistance at 1564.271.

The Ultimate Oscillator is currently in negative territory.

XRP/USD dove 2.5% in the last session.

The Ripple-Dollar pair dove 2.5% in the last session. The RSI is giving a negative signal.

The RSI is currently in the negative zone. Support is at 0.3783 and resistance at 0.3867.

LTC/USD dove 3.0% in the last session.

The Litecoin-Dollar pair dove 3.0% in the last session. The Williams indicator indicates an oversold market. Support is at 91.771 and resistance at 96.071.

The Williams indicator is signalling an oversold market.

Daily Economic Calendar:

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. The US 3-Month Bill Auction will be released at 16:30 GMT, the US 6-Month Bill Auction at 16:30 GMT, the Eurozone’s Eurogroup Meeting at 07:00 GMT.

US 6-Month Bill Auction

The auction sets the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive.

EMU Eurogroup Meeting

Eurogroup meetings are attended by the Eurogroup President, the Finance Minister of each Member State of the Euro area, the Commissioner for economic and monetary affairs, and the President of the European Central Bank.

JP Gross Domestic Product

The Gross Domestic Product is a measure of the total value of all goods and services produced by a country. The GDP is considered as a broad measure of economic activity and health. Japan’s Gross Domestic Product will be released at 23:50 GMT, Japan’s Gross Domestic Product Annualized at 23:50 GMT, Singapore’s Gross Domestic Product at 00:00 GMT.

JP Gross Domestic Product Annualized

The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services and structures produced within a country.

SG Gross Domestic Product

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

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.