Miami Heat Terminates FTX Partnership, Crypto Daily TV 14/11/2022

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=BMII-OkWY1o

Binance, Huobi block FTT deposits.

Crypto exchanges Binance and Huobi blocked deposits of FTT, FTX’s native tokens, after about $400 million worth of the tokens were released out of schedule.

FTX exchange and FTX US allegedly hacked.

FTX and FTX US wallets appear to be hacked, with over $600 million in assets leaving the exchange. FTX telegram group warned traders to uninstall FTX apps and avoid visiting the website as it may download malware and trojans to their devices.

Miami Heat arena balks at FTX naming rights.

Mere hours after FTX filed for bankruptcy, the Miami HEAT and Miami-Dade County issued a joint statement announcing they were cutting ties with the now-disgraced Bahamas-based crypto exchange – effective immediately. The 19-year contract cost FTX a whopping $135 million.

BTC/USD dove 2.7% in the last session.

The Bitcoin-Dollar pair plummeted 2.7% in the last session. The Stochastic indicator is giving a negative signal. Support is at 16383.3333 and resistance is at 17319.3333.

The Stochastic indicator is giving a negative signal.

ETH/USD dove 2.8% in the last session.

The Ethereum-Dollar pair dove 2.8% in the last session. The ROC is giving a negative signal. Support is at 1210.2667 and resistance is at 1314.3467.

The ROC is giving a negative signal.

XRP/USD plummeted 7.5% in the last session.

The Ripple-Dollar pair dove 7.5% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 0.3444 and resistance is at 0.3942.

The Stochastic-RSI is signalling an oversold market.

LTC/USD dove 4.9% in the last session.

The Litecoin-Dollar pair plummeted 4.9% in the last session. The MACD is giving a negative signal. Support is at 56.5433 and resistance is at 63.3433.

The MACD is currently in the negative zone.

Daily Economic Calendar:

JP 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. Japan’s Gross Domestic Product Annualized will be released at 23:50 GMT, the UK’s CFTC GBP NC Net Positions at 20:30 GMT, and the US 6-Month Bill Auction at 16:30 GMT.

UK CFTC GBP NC Net Positions

The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions.

US 6-Month Bill Auction

The auction sets the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive.

EMU 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. The Eurozone’s Industrial Production will be released at 10:00 GMT, the US 3-Month Bill Auction at 16:30 GMT, and Japan’s Gross Domestic Product at 23:50 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.

JP 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.

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.