In Todays Headline TV CryptoDaily News:

G7 to collaborate on tighter crypto regulation.

The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world. Among G7 members, Japan already regulates cryptocurrencies, while the European Union’s Markets in Crypto-Assets regulation is set to go into effect in 2024.

Euler Finance hacker sends 51,000 stolen Ether back to protocol.

The hacker behind Euler Finance’s $200 million exploit earlier this month returned a majority of the stolen funds to the protocol. Euler’s native EUL tokens were up 25%, with the majority of the move coming after the hacker returned tokens to the protocol – which may have fueled positive sentiment among traders.

Bitcoin surged 40% since SVB’s collapse.

Bitcoin is having a “watershed moment” thanks to the ongoing banking crisis. The cryptocurrency has surged nearly 40% since early March when SVB’s collapse unleashed mayhem in the banking system. 

BTC/USD skyrocketed 1.0% in the last session.

The Bitcoin-Dollar pair skyrocketed 1.0% in the last session. The MACD is giving a positive signal, which matches our overall technical analysis. Support is at 268721 and resistance at 280841.

The MACD is currently in the positive zone.

ETH/USD gained 0.9% in the last session.

The Ethereum-Dollar pair gained 0.9% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 1692.271 and resistance at 1786.651.

The Stochastic-RSI points to an oversold market.

XRP/USD rose 0.3% in the last session.

The Ripple rose 0.3% against the Dollar in the last trading session. The Stochastic indicator’s positive signal is in line with the overall technical analysis. Support is at 0.4013 and resistance at 0.4855.

The Stochastic indicator is giving a positive signal.

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Author: Amara Khatri

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