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Relai enables instant Euro funding for fast Bitcoin purchases.
European bitcoin-only investment app Relai has upgraded its network to enable instant single European payment area payments around the clock, according to a release.
Ethereum price surges amid bounceback.
Ethereum has been on a tear, gaining 14% in 24 hours. The world’s second-biggest cryptocurrency by market capitalization is now up more than 47% in the past 14 days ahead of the Merge.
European banking regulator ‘concerned’ about finding staff to oversee crypto.
A key regulator charged with overseeing Europe’s landmark bid to regulate cryptocurrencies views its ability to hire specialised staff as a “major concern”, highlighting worries over authorities’ capacity to supervise digital asset markets.
BTC/USD exploded 3.4% in the last session.
The Bitcoin-Dollar pair exploded 3.4% in the last session. The Ultimate Oscillator’s positive signal contradicts our overall technical analysis. Support is at 20521.6667 and resistance at 21703.6667.
The Ultimate Oscillator is currently in positive territory.
ETH/USD exploded 6.3% in the last session.
The Ethereum-Dollar pair exploded 6.3% in the last session. The MACD is giving a positive signal. Support is at 1326.3233 and resistance at 1513.6633.
The MACD is giving a positive signal.
XRP/USD skyrocketed 2.4% in the last session.
The Ripple-Dollar pair exploded 2.4% in the last session. The RSI is giving a negative signal, which matches our overall technical analysis. Support is at 0.3209 and resistance at 0.3467.
The RSI is giving a negative signal.
LTC/USD skyrocketed 4.1% in the last session.
The Litecoin-Dollar pair exploded 4.1% in the last session. The Stochastic indicator gives a negative signal. Support is at 51.2533 and resistance at 55.4533.
The Stochastic indicator is giving a negative signal.
Daily Economic Calendar:
US Gross Domestic Product Annualized
The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services, and structures produced within a country. The US Gross Domestic Product Annualized will be released at 12:30 GMT, Australia’s Export Price Index at 01:30 GMT, and the US Gross Domestic Product Price Index at 12:30 GMT.
AU Export Price Index
The Export Price Index measures the changes in the prices of exported goods and services.
US Gross Domestic Product Price Index
The GDP Price Index gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure.
AU Retail Sales
Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. Australia’s Retail Sales will be released at 01:30 GMT, Japan’s Jobs / Applicants Ratio at 23:30 GMT, the Eurozone’s Business Climate at 09:00 GMT.
JP Jobs / Applicants Ratio
The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications.
EMU Business Climate
The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy.
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.
Source: https://cryptodaily.co.uk/2022/07/crypto-daily-daily-crypto-and-financial-news-28072022-ethereum-price-surges