In Todays Headline TV CryptoDaily News:
Dash blockchain stopped processing transactions
Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks. Following the news, Binance announced that its own mining pool for DASH would suspend the distribution of mining rewards until the blockchain resumes block production.
Biden won’t accept debt deal protecting crypto traders
United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders. Attending the Group of Seven Summit in Hiroshima, Japan, Biden called the Republicans’ proposed terms “unacceptable”.
Bitcoin not bouncing back
Bitcoin price has been unable to bounce back from the crash witnessed at the beginning of the month. The impact on investors, surprisingly, has not been as significant since their behavior has not changed much since the end of March.
BTC/USD gained 0.6% in the last session.
The Bitcoin-Dollar pair rose 0.6% in the last session after gaining as much as 1.2% during the session. The Ultimate Oscillator gives a positive signal. Support is at 26331.3333 and resistance is at 27499.3333.
The Ultimate Oscillator gives a positive signal.
ETH/USD rose 0.8% in the last session.
The last session saw Ethereum gain 0.8% against the Dollar. The MACD is giving a positive signal. Support is at 1782.10 and resistance is at 1838.91.
The MACD is currently in the positive zone.
XRP/USD gained 0.7% in the last session.
The Ripple-Dollar pair gained 0.7% in the last session after rising as much as 2.1% during the session. The Ultimate Oscillator gives a positive signal. Support is at 0.4455 and resistance is at 0.4766.
The Ultimate Oscillator is currently in the positive zone.
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Author: Amara Khatri