Cardano Gets Its First Lending App, Crypto Daily TV 01/09/2022

In Todays Headline TV CryptoDaily News:

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

Aada Finance launches first lending and borrowing app on Cardano mainnet.

Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on the Cardano mainnet. The release is scheduled for Sept. 13, making Aada V1 the first lending and borrowing protocol to launch on the Cardano mainnet.

US Digital Dollar Project to work with Ripple on CBDC technical sandbox.

The U.S.-based Digital Dollar Project said it will work with Ripple and a few other digital asset firms to launch a technical sandbox program to further study a U.S. central bank digital currency (CBDC).

Largest Ether mining pool Ethermine opens new ETH staking service.

Ahead of the rapidly approaching Ethereum Merge on Sept. 15, Ethermine, the world’s largest Ethereum mining pool has unveiled a new staking pool for users. Notably however, it is not available to U.S. miners.

BTC/USD exploded 2.0% in the last session.

The Bitcoin-Dollar pair rose 2.0% in the last session after gaining as much as 3.3% during the session. The Stochastic-RSI is giving a positive signal. Support is at 18986.6667 and resistance at 20986.6667.

The Stochastic-RSI is giving a positive signal.

ETH/USD skyrocketed 3.1% in the last session.

The Ethereum-Dollar pair skyrocketed 3.1% in the last session. The ROC is giving a positive signal. Support is at 1404.9533 and resistance at 1664.4933.

The ROC is currently in the positive zone.

XRP/USD skyrocketed 1.2% in the last session.

The Ripple-Dollar pair exploded 1.2% in the last session. The Stochastic indicator is giving a positive signal, going against our overall technical analysis. Support is at 0.3121 and resistance at 0.343.

The Stochastic indicator is currently in positive territory.

LTC/USD exploded 3.2% in the last session.

The Litecoin-Dollar pair skyrocketed 3.2% in the last session. The Stochastic-RSI is giving a positive signal. Support is at 49.3933 and resistance at 57.9333.

The Stochastic-RSI is currently in positive territory.

Daily Economic Calendar:

US ISM Manufacturing PMI

The ISM Manufacturing PMI shows the business conditions in the manufacturing sector. It is a significant indicator of the overall economic conditions. The US ISM Manufacturing PMI will be released at 14:00 GMT, the US Initial Jobless Claims at 12:30 GMT, Germany’s Retail Sales at 06:00 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.

DE Retail Sales

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

ES 30-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. Spain’s 30-y Bond Auction will be released at 08:40 GMT, Japan’s Jibun Bank Manufacturing PMI at 00:30 GMT, Japan’s 10-y Bond Auction at 03:35 GMT.

JP Jibun Bank Manufacturing PMI

The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector.

JP 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.