Colombia Moves To Explore CBDC, Crypto Daily TV

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=_76GUbKVBJg

Columbia moves to explore CBDC.

Colombia has taken a giant step to boost its participation in crypto activities.The government has commenced plans to launch a Central Bank Digital Currency to improve the country’s payment infrastructure.

Ripple partners with Travelex to launch enterprise crypto payment service in Brazil

Ripple says it is bringing its crypto-native solutions to its first Latin American banking partner — Travelex Bank.

Solana’s biggest DeFi lender is leaning into ‘Permissionless’ loan markets

The biggest decentralized finance lender on Solana is letting anyone with 100 SLND (around a $70 fee) and some assets to spare spin up their own “permissionless pools” for lending those cryptos out.

BTC/USD made a minor downwards correction of 0.1%.

The Bitcoin-Dollar pair dropped 0.1% in the last session after rising as much as 1.1% during the session. The Ultimate Oscillator is giving a negative signal. Support is at 22396.3333 and resistance at 24902.3333.

The Ultimate Oscillator is currently in the negative zone.

ETH/USD skyrocketed 1.7% in the last session.

The Ethereum-Dollar pair skyrocketed 1.7% in the last session. The CCI is giving a negative signal. Support is at 1734.911 and resistance at 2006.451.

The CCI is currently in negative territory.

XRP/USD dropped 0.8% in the last session.

The Ripple dropped 0.8% against the Dollar in the last session. The Stochastic indicator’s positive signal contradicts our overall technical analysis. Support is at 0.3561 and resistance at 0.4036.

The Stochastic indicator is giving a positive signal.

LTC/USD remained largely unchanged in the last session.

The Litecoin-Dollar price remained largely unchanged in the last session. The ROC is giving a negative signal. Support is at 56.721 and resistance at 66.581.

The ROC is currently in negative territory.

Daily Economic Calendar:

US Baker Hughes US Oil Rig Count

The Baker Hughes Rig Count is an important business barometer for the drilling industry and its suppliers. Active drilling rigs consume products and services produced by the oil service industry. The US Baker Hughes US Oil Rig Count will be released at 17:00 GMT, Germany’s Producer Price Index at 06:00 GMT, the Portuguese Current Account Balance at 10:00 GMT.

DE Producer Price Index

The Producer Price Index measures the average changes in prices in primary markets by producers of commodities in all states of processing.

PT Current Account Balance

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

JP CFTC JPY 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. Japan’s CFTC JPY NC Net Positions will be released at 19:30 GMT, the UK’s Retail Sales at 06:00 GMT, the UK’s Public Sector Net Borrowing at 06:00 GMT.

UK Retail Sales

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

UK Public Sector Net Borrowing

The Net Borrowing captures the amount of new debt held by the U.K. governments, i.e., the fiscal deficit in the UK national accounts.

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.