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South Korean prosecutors issued Do Kwon an arrest warrant.
South Korean prosecutors have issued an arrest warrant for Do Kwon, the co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC.
Chinese court OKs trading crypto if it’s considered a virtual asset-
A Beijing court has ruled that locals are permitted to trade cryptocurrencies – but not use them as a substitute for money. The decision may seem odd at face value, given that China’s government banned dealing in Bitcoin in 2013 and has extended its prohibition on using digital currency many times since.
Celsius network plots a comeback after a crypto crash.
The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July.
BTC/USD plummeted 1.3% in the last session.
The Bitcoin-Dollar pair dove 1.3% in the last session. The MACD’s positive signal contradicts our overall technical analysis. Support is at 181631 and resistance is at 237551.
The MACD is currently in positive territory.
ETH/USD exploded 1.4% in the last session.
The Ethereum-Dollar pair exploded 1.4% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1440.2567 and resistance is at 1818.2567.
The Stochastic indicator is currently in negative territory.
XRP/USD exploded 2.9% in the last session.
The Ripple-Dollar pair exploded by 2.9% in the last session. The CCI’s negative signal is in line with the overall technical analysis. Support is at 0.312, and resistance is at 0.3705.
The CCI is currently in the negative zone.
LTC/USD rose 0.6% in the last session.
The Litecoin-Dollar pair rose 0.6% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 52.5667 and resistance is at 70.6467.
The Stochastic-RSI is currently in negative territory.
Daily Economic Calendar:
JP Tertiary Industry Index
The Tertiary Industry Index is an indicator of the health of the domestic service sector and related economic factors. Japan’s Tertiary Industry Index will be released at 04:30 GMT, Australia’s Unemployment Rate at 01:30 GMT, and the Dutch Unemployment Rate at 04:30 GMT.
AU Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
NL Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
US Retail Sales
The Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. The US Retail Sales will be released at 12:30 GMT, the Eurozone’s Labor Cost at 09:00 GMT, and the US Initial Jobless Claims at 12:30 GMT.
EMU Labor Cost
The quarterly Labor Cost shows the short-term development of the total hourly costs of maintaining their employees incurred by employers.
US Initial Jobless Claims
The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance.
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.
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