In Todays Headline TV CryptoDaily News:

BTC rises on govt. plan to protect all SVB depositors.

The price of bitcoin rose above $21,400 after the Washington Post reported that U.S. federal authorities are considering safeguarding uninsured deposits at Silicon Valley Bank should a buyer not be found for the institution, which collapsed last week following a $42 billion bank run.

Crypto group Circle admits $3.3bn exposure to failed Silicon Valley Bank.

Circle, the operator of one of the world’s largest stablecoins, has said $3.3bn of its reserves are trapped in Silicon Valley Bank, triggering a fall in the value of its token as the crypto market reels from the failure of two US banks this week.

Major bitcoin fraud case rattles Egypt.

Eyptian authorities have succeeded this month in partially unraveling one of the largest cases of online fraud in the country to date by arresting the members of a network that established a fake digital currency platform and deceived thousands of people into readily handing over their life’s savings.

BTC/USD exploded 3.3% in the last session.

The Bitcoin-Dollar pair skyrocketed 3.3% in the last session. The MACD is giving a negative signal. Support is at 19489.3333 and resistance at 21307.3333.

The MACD is currently in negative territory.

ETH/USD exploded 4.0% in the last session.

The Ethereum-Dollar pair skyrocketed 4.0% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1384.351 and resistance at 1519.151.

The Ultimate Oscillator is giving a positive signal.

The last session saw XRP fall 0.9% against USD.

The Ripple-Dollar pair fell 0.9% in the last session. The RSI is giving a negative signal. Support is at 0.3504 and resistance at 0.3805.

The RSI is giving a negative signal.

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Author: Amara Khatri

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