Donations Amp Up For Earthquake Aid, Crypto Daily TV 9/2/2023

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=qa7RWXfc4wM

Kraken is facing SEC probe.

Crypto exchange Kraken is under investigation by the U.S. Securities and Exchange Commission as to whether rules were broken in certain offerings to U.S. investors.

The probe is at an advanced stage, and a settlement could be announced in coming days.

Crypto donations flow in to help Turkey and Syria.

With more than 7,000 people killed and over 25,800 injured in Monday’s earthquake in Turkey and Syria, the global crypto industry is quickly rallying support and more than $9 million in crypto aid for the worst-impacted areas.

EminiFX CEO set to plead guilty to role in alleged Ponzi scheme.

The CEO of cryptocurrency and forex trading platform EminiFX is now expected to plead guilty for his role in an alleged fraud that federal prosecutors say duped investors out of $59 million.

BTC/USD dove 1.2% in the last session.

The Bitcoin-Dollar pair plummeted 1.2% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 225091 and resistance at 237211.

The Stochastic-RSI is signalling an oversold market.

ETH/USD plummeted 1.2% in the last session.

The Ethereum-Dollar pair plummeted 1.2% in the last session. The RSI is giving a negative signal. Support is at 1590.2033 and resistance at 1717.4233.

The RSI is currently in negative territory.

XRP/USD dove 1.2% in the last session.

The Ripple-Dollar pair dove 1.2% in the last session. The ROC is giving a negative signal. Support is at 0.3848 and resistance at 0.4142.

The ROC is giving a negative signal. 

LTC/USD dove 2.0% in the last session

The Litecoin-Dollar pair plummeted 2.0% in the last session. The Stochastic indicator is giving a negative signal. Support is at 93.9033 and resistance at 104.9433.

The Stochastic indicator is currently in the negative zone.

Daily Economic Calendar:

US Continuing Jobless Claims

The Counting Jobless Claims measure the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 13:30 GMT, the US Initial Jobless Claims at 13:30 GMT, the Dutch Consumer Price Index at 05:30 GMT.

US Initial Jobless Claims

The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance. 

NL Consumer Price Index

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

DE Harmonized Index of Consumer Prices

The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI). Germany’s Harmonized Index of Consumer Prices will be released at 07:00 GMT, Japan’s Producer Price Index at 23:50 GMT, the UK’s RICS Housing Price Balance at 00:01 GMT.

JP 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.

UK RICS Housing Price Balance

The RICS Housing Price Balance survey presents housing costs. It shows the strength of the housing market.

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.