Crypto.com To Show Proof Of Reserves, Crypto Daily TV 11/11/2022

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=EPp5UceF8ng

Indonesia plans to tighten oversight of crypto market.

Indonesia plans to move the regulation, supervision and oversight of cryptocurrency investments to the Financial Service Authority to better protect investors, its finance minister said.

Bitcoin Is The Solution To The World’s Trade Problems

Global trade needs to be built on an incorruptible standard that has no political or nationalistic affiliation.

Crypto.com to publish audited proof of reserves.

Crypto.com will be publishing its audited proof of reserves, CEO Kris Marszalek says in a tweet, noting that transparency is more important than ever in this critical moment for the industry.

BTC/USD skyrocketed 11.5% in the last session.

The Bitcoin-Dollar pair skyrocketed 11.5% in the last session. The Williams indicator is giving a positive signal. Support is at 13708.3333 and resistance is at 19696.3333.

The Williams indicator is currently in the positive zone.

ETH/USD skyrocketed 19.2% in the last session.

The Ethereum-Dollar pair gained 19.2% in the last session after rising as much as 22.3%. The CCI indicates an oversold market. Support is at 910.5733 and resistance is at 1432.1333.

The CCI is signaling an oversold market.

XRP/USD exploded 18.8% in the last session.

The Ripple-Dollar pair exploded 18.8% in the last session. The Stochastic-RSI’s positive signal contradicts our overall technical analysis. Support is at 0.2566 and resistance is at 0.4486.

The Stochastic-RSI gives a positive signal.

LTC/USD skyrocketed 17.1% in the last session.

The Litecoin-Dollar pair rose 17.1% in the last session after gaining as much as 19.8%. The MACD is giving a negative signal. Support is at 41.0533 and resistance is at 64.5133.

The MACD is currently in negative territory.

Daily Economic Calendar:

US Michigan Consumer Sentiment Index

The Michigan Consumer Sentiment Index is a survey of consumer confidence in economic activity, making it an indicator of consumer spending. The US Michigan Consumer Sentiment Index will be released at 15:00 GMT, the US Baker Hughes US Oil Rig Count at 18:00 GMT, the Eurozone’s EcoFin Meeting at 07:00 GMT.

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.

EMU EcoFin Meeting

The Economic and Financial Affairs Council, the main decision-making body of the Council of the European Union, is composed by the Finance Ministers of the 27 European Union member states.

FI Current Account

The Current Account measures net flow of current transactions, including goods, services and interest payments into and out of the local economy.  Finland’s Current Account will be released at 06:00 GMT, the UK’s Gross Domestic Product at 07:00 GMT, and the UK’s Industrial Production at 07:00 GMT.

UK 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.

UK Industrial Production

Industry is a basic category of business activity. Changes in the volume of the physical output of the nation’s factories, mines and utilities are measured by the index of industrial production.

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.