Coinbase Stock Takes a Dive, Crypto Daily TV 14/12/2022

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In Todays Headline TV CryptoDaily News: US prosecutors look to charge Binance and executives.US prosecutors are considering criminal charges against crypto exchange Binance and individual executives, including founder and CEO Changpeng Zhao, Reuters reported, citing two people.Coinbase Global stock is a falling meat cleaverCryptocurrency platform and exchange Coinbase Global stock have fallen alongside the crypto market and the price of bitcoin. Things got worse after the FTX catastrophe, which saw it fall to new lows of $40.15. The year-end tax loss selling is underway as investors reconsider the merits of cryptocurrency.Bitcoin group agrees to buy German bank.Bitcoin Group (ADE), a holding company focusing on the blockchain and cryptocurrency industries, said it agreed to buy all of Germany’s Bankhaus von der Heydt for US$15 million in cash and 150,000 shares.BTC/USD exploded 3.2% in the last session.The Bitcoin-Dollar pair gained 3.2% in the last session after rising as much as 4.3% during the session. The Williams indicator is indicating an overbought market. The Williams indicator indicates an overbought market. Support is at 16769.3333, and resistance at 17487.3333. According to the Williams indicator we are in an overbought marketplace. The support level is at 1227.961 while the resistance is at 1301.861. The CCI is indicating a positive signal. The support level is at 0.3638, while the resistance is at 0.4014. The CCI is giving a positive sign. LTC/USD exploded 1.8% during the last session. The Ultimate Oscillator is a positive signal. Support is at 72.4067, and resistance is at 78.5867. The Ultimate Oscillator is currently at the positive zone. Daily Economic Calendar:EMU industrial productionIndustry is a basic type of business activity. The index of industrial production measures changes in the country’s physical output from its mines, factories, and utilities. The Eurozone’s Industrial Production will release at 10:00 GMT. The US Fed’s Monetary Policy statement will be released at 19:00 GMT. The US Fed Interest rate DecisionThe Federal Reserve released a statement about its monetary policy. The Federal Reserve announced the Fed Interest Rate Decision. The release of the Consumer Price Index for Finland will take place at 06:00 GMT. The UK’s Consumer Price Index will follow at 07:00 GMT. The UK’s Core Consumer Price Index will follow at 07:00 GMT. This article is not intended to be used for legal, tax, investment or financial advice.

 

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