SEC Preps For Stricter Oversight, Crypto Daily TV 13/09/2022

In Todays Headline TV CryptoDaily News:

https://www.youtube.com/watch?v=RvuuiBRA9hU

SEC to set up new office.

The Securities and Exchange Commission will set up two new offices and add them to its Division of Corporation Finance’s Disclosure Review Program. One of the offices will deal with crypto filings and disclosures from digital asset service providers.

Ether snaps at bitcoin’s heels in race for crypto crown.

The second-biggest cryptocurrency is taking market share from bitcoin ahead of an all-important “Merge” software upgrade that could sharply reduce the energy usage of its Ethereum blockchain, should the developers pull it off in coming days.

Wall Street jobs are hot again.

After years of fighting to attract computer engineers who would rather work for big tech groups or crypto start-ups, Wall Street firms say they are recovering lost ground in the talent war as lay-offs and hiring freezes spread through Silicon Valley.

BTC/USD skyrocketed 2.2% in the last session.

The Bitcoin-Dollar pair skyrocketed 2.2% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 21216.6667 and resistance is at 22130.6667.

The Ultimate Oscillator is currently in the positive zone.

ETH/USD plummeted 2.4% in the last session.

The Ethereum-Dollar pair dove 2.4% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 1694.531 and resistance is at 1822.991.

The Stochastic-RSI is currently in the negative zone.

XRP/USD gained 0.7% in the last session.

The Ripple-Dollar pair rose 0.7% in the last session. According to the CCI, we are in an overbought market. Support is at 0.344 and resistance is at 0.3658.

The CCI points to an overbought market.

LTC/USD plummeted 1.4% in the last session.

The Litecoin-Dollar pair dropped 1.4% in the last session after rising as much as 1.6% during the session. The Williams indicator is giving a negative signal. Support is at 59.7433 and resistance is at 65.6433.

The Williams indicator is currently in the negative zone.

Daily Economic Calendar:

EMU ZEW Survey – Economic Sentiment

The ZEW Survey – Economic Sentiment measures institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and pessimistic. The Eurozone’s ZEW Survey – Economic Sentiment will be released at 09:00 GMT, the UK’s ILO Unemployment Rate at 06:00 GMT, and the US Consumer Price Index Core at 12:30 GMT.

UK ILO Unemployment Rate

The ILO Unemployment Rate is the number of unemployed workers divided by the total civilian labor force.

US Consumer Price Index Core

The Core Consumer Price Index (CPI) measures the changes in the prices of goods and services, excluding food and energy.

UK Claimant Count Change

The Claimant Count Change presents the change in the number of unemployed people in the UK. The UK’s Claimant Count Change will be released at 06:00 GMT, the US Consumer Price Index at 12:30 GMT, and Japan’s Machinery Orders at 23:50 GMT.

US Consumer Price Index

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

JP Machinery Orders

The Machinery Orders measure the total value of machinery orders placed at major manufacturers.

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.