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Coinbase will stop ETH and ERC-20 transactions during The Merge.
During the Ethereum Merge, the crypto exchange Coinbase will temporarily pause deposits and withdrawals of ETH and ERC-20 tokens as a precaution.
Bitcoin miner PrimeBlock ditches SPAC listing plan.
Bitcoin miner Prime Blockchain Inc., also known as PrimeBlock, has dropped its public listing plan via a blank-check company merger valued at US$1.25 billion, joining a number of crypto firms that have delayed or canceled similar listing plans.
Japan’s SBI Remit to use Ripple’s technology for instant money transfers.
Japan’s SBI Remit has struck a deal with Ripple to use RippleNet for instant money transfers between Japan and Thailand.
BTC/USD plummeted 1.4% in the last session.
The Bitcoin-Dollar pair plummeted 1.4% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 23377.2633 and resistance at 24473.4733.
The Ultimate Oscillator is currently in negative territory.
ETH/USD plummeted 1.3% in the last session.
The Ethereum-Dollar pair plummeted 1.3% in the last session. The Ultimate Oscillator is giving a negative signal, which matches our overall technical analysis. Support is at 1824.721 and resistance at 1940.041.
The Ultimate Oscillator is currently in the negative zone.
XRP/USD made a minor downwards correction of 0.2%.
The Ripple-Dollar pair corrected downwards in the last session, falling 0.2%. The Williams indicator is giving a negative signal. Support is at 0.3623 and resistance at 0.3856.
The Williams indicator is currently in negative territory.
LTC dropped 0.9% against USD in the last session.
The last session saw Litecoin fall 0.9% against the Dollar. The Stochastic indicator’s negative signal aligns with the overall technical analysis. Support is at 59.3433 and resistance at 62.6833.
The Stochastic indicator is currently in negative territory.
Daily Economic Calendar:
US Continuing Jobless Claims
The Counting Jobless Claims measures the number of unemployed individuals who are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, the Austrian HICP at 07:00 GMT, and Australia’s Employment Change at 01:30 GMT.
AT HICP
The HICP measures price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI).
AU Employment Change
The Employment Change is a measure of the change in the number of employed people, which in turn shows the Labor market’s strength.
JP National Consumer Price Index
The National Consumer Price Index measures price movements obtained by comparing the retail prices of a representative shopping basket of goods and services. Japan’s National Consumer Price Index will be released at 23:30 GMT, the UK’s GfK Consumer Confidence at 23:01 GMT, and the Dutch Unemployment Rate at 04:30 GMT.
UK GfK Consumer Confidence
The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity.
NL Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor 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.
Source: https://cryptodaily.co.uk/2022/08/japan-s-sbi-remit-to-use-ripple-technology-crypto-daily-tv