Metaverse NFT Trading Hits New High, Crypto Daily TV 24/3/2023

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=F6zTAmYLK2w

Metaverse NFT trading volume hit new all-time high.

Non-fungible token trading increased across virtual worlds in the first quarter of 2023, totaling $311 million so far this year. Virtual land trading reached an all-time high this past quarter with 147,000 trades.

Bitcoin inches towards $28K.

Bitcoin gradually moved to just under $28,000 as traders digested the quarter-point interest rate raise by U.S. Federal Open Market Committee, in line with expectations.

Stablecoin issuer MakerDAO votes to retain USDC as primary reserve.

The MakerDAO community favored keeping the USDC stablecoin as the primary reserve asset for its DAI stablecoin, the protocol’s governance site showed. 79% of participants backed the decision in a ranked-choice vote, with the rest preferring to diversify the reserves.

BTC/USD skyrocketed 3.2% in the last session.

The Bitcoin-Dollar pair rose 3.2% in the last session after gaining as much as 5.4% during the session. The Ultimate Oscillator’s positive signal is in line with the overall technical analysis. Support is at 25372.3333 and resistance at 29758.3333.

The Ultimate Oscillator is currently in the positive zone.

ETH/USD skyrocketed 4.3% in the last session.

The Ethereum-Dollar pair skyrocketed 4.3% in the last session. The RSI is giving a positive signal, which matches our overall technical analysis. Support is at 1647.1133 and resistance at 1862.0933.

The RSI is currently in the positive zone.

XRP/USD exploded 5.1% in the last session.

The Ripple-Dollar pair skyrocketed 5.1% in the last session. The Stochastic indicator is giving a positive signal. Support is at 0.369 and resistance at 0.5008.

The Stochastic indicator is currently in the positive zone.

LTC/USD skyrocketed 6.1% in the last session.

The Litecoin-Dollar pair skyrocketed 6.1% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 76.251 and resistance at 93.571.

The Ultimate Oscillator is currently in the positive zone.

Daily Economic Calendar:

NL 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. The Dutch Gross Domestic Product will be released at 05:30 GMT, Japan’s Jibun Bank Services PMI at 00:30 GMT, Japan’s Jibun Bank Manufacturing PMI at 00:30 GMT.

JP Jibun Bank Services PMI

The Jibun Bank Services Purchasing Managers Index (PMI) captures the business conditions in the services sector. The services PMI is an important indicator of the overall economic conditions.

JP Jibun Bank Manufacturing PMI

The Jibun Bank Manufacturing PMI gives an early snapshot of the health of the Japanese manufacturing sector.

UK Retail Sales

The Retail Sales measures the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. The UK’s Retail Sales will be released at 07:00 GMT, the US Durable Goods Orders at 12:30 GMT, the UK’s GfK Consumer Confidence at 00:01 GMT.

US Durable Goods Orders

The Durable Goods Orders measures the cost of orders received by manufacturers for durable goods, which means goods which should last three years or more, excluding the transport sector. 

UK GfK Consumer Confidence

The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity.

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.