CFTC Goes After Digitex, Crypto Daily TV 03/10/2022

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=HCMr-iybWRI

CFTC goes after Digitex crypto exchange.

The Commodities Futures Trading Commission went after crypto exchange Digitex and its founder Adam Todd in a lawsuit, claiming that it has “never been registered with the Commission in any capacity.

Two crypto firms charged by SEC

The United States Securities and Exchange Commission has charged two firms, Arbitrade and Cryptobontix, and their executives along with a supposed international gold trader for running a fraudulent scheme to widen the reach of the news of its token launch and attract more potential buyers.

Ethereum Merge spikes block creation with a faster average block time

The average block time — the time it takes the miners or validators within a network to verify transactions — for Ethereum dropped by over 13%.

BTC dropped 0.6% against USD in the last session.

Bitcoin fell 0.6% against the Dollar in the last trading session. The Stochastic indicator is giving a negative signal. Support is at 19011.6667 and resistance is at 19637.6667.

The Stochastic indicator is currently in the negative zone.

The last session saw ETH fall 0.9% against USD.

Ethereum fell 0.9% against the Dollar in the last trading session. The Ultimate Oscillator is giving a positive signal. Support is at 1285.81 and resistance is at 1346.561.

The Ultimate Oscillator is currently in positive territory.

XRP/USD plummeted 3.4% in the last session.

The Ripple-Dollar pair dove 3.4% in the last session. The Stochastic indicator is giving a negative signal. Support is at 0.457 and resistance is at 0.4952.

The Stochastic indicator is currently in negative territory.

LTC/USD fell 0.8% in the last session.

The Litecoin-Dollar pair dropped 0.8% in the last session. The RSI’s negative signal is in line with the overall technical analysis. Support is at 51.7967 and resistance is at 54.3767.

The RSI is currently in the negative zone.

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, Japan’s Tokyo CPI at 23:30 GMT, the Eurozone’s Eurogroup Meeting at 00:00 GMT.

JP Tokyo CPI

The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained from the retail prices of a representative shopping basket of goods and services.

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.

AU AiG Performance of Mfg Index

The AiG Performance of Mfg Index presents the business conditions in the manufacturing sector. It is based on surveys of manufacturers on their assessment of the business situation. Australia’s AiG Performance of Mfg Index will be released at 21:30 GMT, the Dutch Markit Manufacturing PMI at 07:00 GMT, the US ISM Manufacturing Employment Index at 14:00 GMT.

NL Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) captures the business conditions in the manufacturing sector.

US ISM Manufacturing Employment Index

The ISM Manufacturing Employment Index estimates the labour market in the manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries.

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.