Binance Now Supports Polygon NFTs, Crypto Daily TV 25/5/2023

Bitfinex announced new partnership in Latin America

The digital asset platform Bitfinex announced a new partnership with a local exchange in Latin America as a part of a larger effort to push for wider adoption in the region. Bitfinex revealed an investment in one of Chile’s leading cryptocurrency exchanges, OrionX.

Crypto sector gets its first set of global rules from watchdog

International securities watchdog IOSCO unveiled the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last year’s collapse of the FTX exchange that fuelled concerns over consumer protection.

Polygon NFTs are now supported on Binance

The leading crypto exchange Binance, through its NFT market platform, has added support for Polygon NFTs. NFT traders can now explore and purchase tokens on the Polygon network directly on the Binance NFT homepage ranking board.

BTC/USD plummeted 2.9% in the last session.

The Bitcoin-Dollar pair plummeted 2.9% in the last session. The RSI is giving a negative signal. Support is at 26532.3333 and resistance is at 27836.3333.

The RSI is giving a negative signal.

ETH/USD plummeted 2.4% in the last session.

The Ethereum-Dollar pair plummeted 2.4% in the last session. The Stochastic indicator is giving a positive signal. Support is at 1792.631 and resistance is at 1899.591.

The Stochastic indicator is currently in the positive zone.

XRP/USD plummeted 2.2% in the last session.

The Ripple-Dollar pair dove 2.2% in the last session. The ROC gives a negative signal. Support is at 0.4554 and resistance is at 0.4722.

The ROC is currently in negative territory.

LTC/USD plummeted 5.9% in the last session.

The Litecoin-Dollar pair plummeted 5.9% in the last session. The RSI gives a negative signal, which matches our overall technical analysis. Support is at 89.0667 and resistance is at 94.4067.

The RSI is giving a negative signal.

Daily Economic Calendar:

US 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. The US Gross Domestic Product Annualized will be released at 12:30 GMT, the US Chicago Fed National Activity Index at 12:30 GMT, and Germany’s Gross Domestic Product at 06:00 GMT.

US Chicago Fed National Activity Index

The Chicago Fed National Activity Index, released by the Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure.

DE Gross Domestic Product

The Gross Domestic Product measures the total value of all goods and services produced by a country. The GDP is considered a broad measure of economic activity and health.

DE Gfk Consumer Confidence Survey

The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity, making it an indicator of consumer spending. Germany’s Gfk Consumer Confidence Survey will be released at 06:00 GMT, Japan’s Tokyo Consumer Price Index at 23:30 GMT, and Japan’s Tokyo CPI at 23:30 GMT.

JP Tokyo Consumer Price Index

The Tokyo Consumer Price Index released by the Statistics Bureau measures price movements obtained from the retail prices of a representative shopping basket of goods and services.

JP Tokyo CPI

The Tokyo Consumer Price Index released by the Statistics Bureau measures price movements obtained from the retail prices of a representative shopping basket of goods and services.

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