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UK Crypto Fraud On The Rise, Crypto Daily TV 29/11/2022

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uk-crypto-fraud-on-the-rise,-crypto-daily-tv-29/11/2022

In Todays Headline TV CryptoDaily News:

UK crypto fraud climbs by a third.

Cryptocurrency fraud in the U.K. rose by 32% to 226 million pounds in one year, according to data from the U.K. police unit Action Fraud, reported by the Financial Times.

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

By Hannah Lang, Niket Nishant and Manya Saini (Reuters) -Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlier this month.

Ether drops on big whale move.

Ether traded weak amid reports of large cryptocurrency transfers to Binance. The native token of Ethereum’s blockchain fell nearly 4% when a whale address moved 73,224 ETH, worth $85.67 million, to Binance.

BTC/USD plummeted 1.3% in the last session.

The Bitcoin-Dollar pair plummeted 1.3% in the last session. The Stochastic-RSI is giving a negative signal, which matches our overall technical analysis. Support is at 16306.6667 and resistance is at 16662.6667.

The Stochastic-RSI is currently in the negative zone.

ETH/USD dove 1.6% in the last session.

The Ethereum-Dollar pair dove 1.6% in the last session. The Stochastic-RSI is giving a negative signal, which matches our overall technical analysis. Support is at 1170.731 and resistance is at 1234.111.

The Stochastic-RSI is currently in negative territory.

XRP/USD dove 1.6% in the last session.

The Ripple-Dollar pair dove 1.6% in the last session. The ROC is giving a negative signal. Support is at 0.385 and resistance is at 0.4146.

The ROC is giving a negative signal.

LTC/USD dove 2.0% in the last session.

The Litecoin-Dollar pair dove 2.0% in the last session. The Williams indicator is giving a negative signal. Support is at 71.3933 and resistance is at 80.9933.

The Williams indicator is currently in the negative zone.

Daily Economic Calendar:

US Consumer Confidence

Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The US Consumer Confidence will be released at 15:00 GMT, Japan’s Industrial Production at 23:50 GMT, and Spain’s Consumer Price Index at 08:00 GMT.

JP 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.

ES Consumer Price Index

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

PT Consumer Confidence

Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The Portuguese Consumer Confidence will be released at 09:30 GMT, the Eurozone’s Business Climate at 10:00 GMT, the US S&P/Case-Shiller Home Price Indices at 14:00 GMT.

EMU Business Climate

The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy.

US S&P/Case-Shiller Home Price Indices

The S&P/Case-Shiller Home Price Indices examine changes in the value of the residential real estate market in 20 regions across the US.

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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