In Todays Headline TV CryptoDaily News:

Vitalik Buterin dumps altcoins that have “no moral value.”

Vitalik Buterin, a co-founder of the Ethereum blockchain, liquidated a portion of his altcoin holdings this week, worth 220 ether, saying later that the tokens had “no cultural or moral value.”

Silvergate Bank announces ‘wind down’ to liquidate assets.

One of the few major banks to support the cryptocurrency industry is winding down operations to begin the process of voluntary liquidation. Silvergate Capital Corporation, the holding company for the California-based Silvergate Bank, announced it would be shutting down the bank.

CFTC chair calls Ethereum a commodity.

Chairman of the Commodities and Futures Trading Commission Rostin Behnam has called Ethereum a commodity and not a security, in apparent contrast to SEC Chairman Gary Gensler who has consistently argued that every cryptocurrency other than Bitcoin falls under securities laws.

BTC/USD dove 6.2% in the last session.

The Bitcoin-Dollar pair dove 6.2% in the last session. According to the CCI, we are in an oversold market. Support is at 21209.3333 and resistance at 22537.3333.

The CCI points to an oversold market.

ETH/USD dove 6.0% in the last session.

The Ethereum-Dollar pair dove 6.0% in the last session. The Ultimate Oscillator is giving a negative signal, which matches our overall technical analysis. Support is at 1506.3333 and resistance at 1583.0133.

The Ultimate Oscillator is currently in the negative zone.

XRP/USD dove 4.7% in the last session.

The Ripple-Dollar pair fell 4.7% in the last session after gaining as much as 2.1% during the session. The RSI’s negative signal is in line with the overall technical analysis. Support is at 0.3591 and resistance at 0.4157.

The RSI is giving a negative signal.

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Author: Amara Khatri

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