Binance Derivatives Licence Cancelled, Crypto Daily TV 7/4/2023

In Todays Headlines TV CryptoDaily News:

https://www.youtube.com/watch?v=biy_BhWsHms

Amid regulatory clampdown.

Uniswap topped Coinbase trading volume.

Uniwap topped Coinbase in terms of market share last month as traders turned to decentralized exchanges amid the U.S. regulatory clampdown and a banking crisis that caused key stablecoins to depeg from $1.

Closing everything by April 21.

Binance Australia’s derivatives license was cancelled by regulators.

The Australian Securities and Investments Commission has cancelled Binance Australia’s derivatives license. Binance Australia, an arm of the world’s largest crypto exchange by trade volume, has been ordered by the regulator to close all client’s open derivatives positions by April 21.

Near record highs.

Stablecoin Tether’s market capitalization keeps rising.

Tether, the world’s largest dollar-pegged stablecoin, is thriving, having survived the Terra-induced turmoil of mid-2022. The market value of the stablecoin continues to rise and is now within a whisker of its record high of $84 billion.

BTC/USD dropped 0.5% in the last session.

The last session saw Bitcoin drop 0.5% against the Dollar. The MACD is giving a negative signal. Support is at 27333.6667 and Resistance is at 29159.6667.

The MACD is giving a negative signal.

ETH/USD dove 2.2% in the last session. 

The Ethereum-Dollar pair dove 2.2% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 1831.8133 and Resistance is at 1974.6133.

The Stochastic-RSI is giving a negative signal.

The last session saw XRP drop 0.4% against USD.

The Ripple-Dollar pair dropped 0.4% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 0.4825 and Resistance is at 0.5381.

The Ultimate Oscillator is giving a negative signal.

LTC/USD plummeted 2.0% in the last session. 

The Litecoin-Dollar pair dove 2.0% in the last session. The CCI is giving a negative signal.

Support is at 89.1767 and Resistance is at 96.6967.

The CCI is giving a negative signal.

Daily Economic Calendar: 

NL Consumer Spending Volume

Consumer Spending is an indicator that measures the total expenditure by individuals. The level of spending can be used as an indicator of consumer optimism.

The Dutch Consumer Spending Volume will be released at 04:30 GMT, the US Nonfarm Payrolls at 12:30 GMT, and the UK’s CFTC GBP NC Net Positions at 20:30 GMT.

US Nonfarm Payrolls

The Nonfarm Payrolls presents the number of new jobs created during the previous month excluding the agricultural sector.

UK CFTC GBP NC Net Positions

The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions.

FR Current Account

The Current Account measures the net flow of current transactions, including goods, services and interest payments into and out of the local economy.

The French Current Account will be released at 06:45 GMT, Japan’s Leading Economic Index at 05:00 GMT, and Japan’s Coincident Index at 05:00 GMT.

JP Leading Economic Index

The Leading Economic Index is an economic indicator that consists of 12 indices such as account inventory ratios, machinery orders, stock prices and other leading economic indicators.

JP Coincident Index

The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy.

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.