Crypto Daily – Crypto And Financial News 15/08/2022, Monero Forks…

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=97odpstQYFQ

One of the several lawsuits against Robinhood.

A U.S. judge permitted meme stock investors to file a lawsuit against Robinhood, a stock trading firm that recently listed multiple cryptocurrencies, including Avalanche and Stellar. This lawsuit is one of the several suits the firm is facing after halting purchases during the meme stock rally in January last year.

Ripple Labs is interested in bankrupt Crypto lender Celsius’ assets.

Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network.

Monero’s privacy-focused crypto protocol upgrade is now live.

The non-contentious hard fork to upgrade one of crypto’s most popular privacy protocols, Monero, was successfully completed today. The fork enhances the network with a host of new privacy-preserving features.

BTC/USD fell 0.7% in the last session.

The Bitcoin-Dollar pair fell 0.7% in the last session. The Stochastic-RSI indicates an overbought market. Support is at 23964.3333 and resistance at 25110.3333.

The Stochastic-RSI is signaling an overbought market.

ETH/USD plummeted 3.2% in the last session.

The Ethereum-Dollar pair dove 3.2% in the last session. According to the CCI, we are in an overbought market. Support is at 1910.6667 and resistance at 2055.4467.

The CCI points to an overbought market.

XRP/USD dropped 0.3% in the last session.

The Ripple-Dollar pair fell 0.3% in the last session after gaining as much as 3.7% during the session. The ROC is giving a positive signal. Support is at 0.3694 and resistance at 0.3917.

The ROC is currently in positive territory.

The last session saw LTC fall 0.9% against USD.

The Litecoin-Dollar pair dropped 0.9% in the last session after rising as much as 3.1% during the session. The Stochastic-RSI is giving a positive signal. Support is at 61.061 and resistance at 66.981.

The Stochastic-RSI is giving a positive signal.

Daily Economic Calendar:

US NAHB Housing Market Index

The NAHB Housing Market Index presents home sales and expected buildings in the future indicating housing market trends. The US NAHB Housing Market Index will be released at 14:00 GMT, the US 3-Month Bill Auction at 15:30 GMT, Finland’s Consumer Price Index at 05:00 GMT.

US 3-Month Bill Auction

Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity.

FI Consumer Price Index

The Consumer Price Index measures price movements by comparing the retail prices of a representative shopping basket of goods and services.

DE Wholesale Price Index

The Wholesale Price Index shows the value of sales made by wholesalers, which is related to retail trade and consumption. Germany’s Wholesale Price Index will be released at 06:00 GMT, Japan’s Industrial Production at 04:30 GMT, Japan’s Capacity Utilization at 04:30 GMT.

JP 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.

JP Capacity Utilization

The Capacity Utilization is the percentage of production capacity used over a short period. It is indicative of overall growth and demand.

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.