In Todays Headline TV CryptoDaily News:

MakerDAO paves the way for additional U.S. treasury purchase

The community governing MakerDAO, the organization behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital.

Crypto data firm Nansen to lay Off 30% of staff

Blockchain analytics platform Nansen said it is laying off 30% of its workforce, citing broader difficulties in the crypto market. The firm had tried to expand into business areas that were not core to the company’s strategy, Nansen CEO Alex Svanevik said in a statement.

Litecoin starts June strong

Litecoin has begun the month with a rally. It is up 7.5% over the last 30 days, the third-best result among crypto assets over that period, topping both Bitcoin and Ethereum.

BTC/USD dove 1.0% in the last session.

The Bitcoin-Dollar pair plummeted 1.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 26315.3333 and resistance is at 28307.3333.

The Stochastic-RSI is giving a negative signal.

ETH/USD made a minor downwards correction of 0.1%.

The Ethereum-Dollar pair saw a minor dip of 0.1% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1823.0867 and resistance is at 1931.4667.

The Stochastic indicator is currently in the negative zone.

XRP/USD plummeted 1.4% in the last session.

The Ripple-Dollar pair plummeted 1.4% in the last session. The Williams indicator is giving a negative signal, going against our overall technical analysis. Support is at 0.4885 and resistance is at 0.5418.

The Williams indicator is currently in negative territory.

LTC/USD skyrocketed 4.8% in the last session.

The Litecoin-Do

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Author: Amara Khatri

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