In Todays Headline TV CryptoDaily News: Coinbase Q1 revenue grows 23% Crypto exchange Coinbase reported Q1 revenue of $773 million, exceeding analyst estimates of $655 million and up 23% from Q4 revenue. The company reported an adjusted loss of $0.34 per share. Coinbase to stop ...
Coinbase Q1 revenue grows 23%
Crypto exchange Coinbase reported Q1 revenue of $773 million, exceeding analyst estimates of $655 million and up 23% from Q4 revenue. The company reported an adjusted loss of $0.34 per share.
Coinbase to stop issuing new loans
Coinbase sent an email to its customers, stating that they could no longer allow them to borrow fiat loans up to $1 million against 30% of their bitcoin holdings, with interest. The deadline for new loans is May 10.
Bitcoin rises toward $30,000
Bitcoin and the wider crypto markets pushed higher as investors reacted to the latest signs of stress in the regional US banking sector and digested the Federal Reserve’s monetary policy decision.
The last session saw BTC fall 0.4% against USD.The Bitcoin-Dollar pair dropped 0.4% in the last session. The CCI is giving a positive signal, which matches our overall technical analysis. Support is at 277091 and resistance at 299411.
The CCI is giving a positive signal.
ETH/USD dove 1.3% in the last session.The Ethereum-Dollar pair plummeted 1.3% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 1817.871 and resistance at 1958.431.
The Ultimate Oscillator is currently in negative territory.
XRP/USD dropped 0.7% in the last session.The Ripple-Dollar pair fell 0.7% in the last session. The ROC is giving a positive signal. Support is at 0.444 and resistance at 0.4751.
The ROC is currently in positive territory.
LTC/USD fell 0.9% in the last session.The last session saw the Litecoin drop 0.9% against the Dollar. The RSI is giving a negative signal. Support is at 83.871 and resistance at 92.311.
The RSI is currently in the negative zone.
Daily Economic Calendar:US Nonfarm Payrolls
The Nonfarm Payrolls presents the number of new jobs created during the previous month, excluding the agricultural sector. The US Nonfarm Payrolls will be released at 12:30 GMT, the US Unemployment Rate at 12:30 GMT, and Italy's Retail Sales at 08:00 GMT.
US Unemployment Rate
The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.
IT Retail Sales
The Retail Sales measure the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales.
DE Factory Orders
The Factory Orders is a measure of the total orders of durable and non-durable goods, which can offer insight into inflation and growth in the manufacturing sector. Germany's Factory Orders will be released at 06:00 GMT, Japan's CFTC JPY NC Net Positions at 20:30 GMT, and the UK's CFTC GBP NC Net Positions at 20:30 GMT.
JP CFTC JPY NC Net Positions
The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions.
UK CFTC GBP NC Net Positions
The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions.
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