‘Earn’ Assets Belong To Celsius, Crypto Daily TV 6/1/2023

In Todays Headline TV CryptoDaily News:

Celsius ‘Earn’ assets belong to bankrupt crypto lender.

The chief U.S. bankruptcy judge in the Southern District of New York said in a court order that Celsius’s terms of service made it clear it took possession of crypto assets deposited into its Earn product, dealing a blow to some customers hoping to recoup their funds from the company.

Hong Kong crypto mogul aims to raise $1 billion.

Animoca Brands Corp. is looking to raise about $1 billion this quarter for its new Web3 and metaverse investment fund, sharply scaling back its ambitions during the current crypto industry meltdown.

Fanatics selling its stake in NFT firm Candy Digital.

Sports apparel and memorabilia firm Fanatics is selling its 60% stake in sports-focused NFT company Candy Digital to a group led by Galaxy Digital, according to a report, citing an internal email obtained by the network.

BTC/USD traded sideways in the last session

The Bitcoin-Dollar pair traded sideways in the last session. The Stochastic indicator is giving a positive signal. Support is at 16518.6667 and resistance at 17172.6667.

The Stochastic indicator is giving a positive signal.

ETH dropped 0.3% against USD in the last session

The last session saw the Ethereum fall 0.3% against the Dollar. The MACD’s positive signal is in line with the overall technical analysis. Support is at 1191.511 and resistance at 1299.671.

The MACD is currently in the positive zone.

XRP/USD dove 1.7% in the last session

The Ripple-Dollar pair dove 1.7% in the last session. The RSI is giving a negative signal. Support is at 0.3369 and resistance at 0.3574.

The RSI is giving a negative signal.

LTC/USD plummeted 1.1% in the last session

The Litecoin-Dollar pair dove 1.1% in the last session. The RSI is giving a positive signal. Support is at 72.5767 and resistance at 79.2567.

The RSI is currently in the positive zone.

Daily Economic Calendar:

JP Jibun Bank Services PMI

The Jibun Bank Services Purchasing Managers Index (PMI) captures the business conditions in the services sector. The services PMI is an important indicator of the overall economic conditions. Japan’s Jibun Bank Services PMI will be released at 00:30 GMT, the Eurozone’s Business Climate at 10:00 GMT, the UK’s CFTC GBP NC Net Positions at 20:30 GMT.

EMU Business Climate

The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy.

UK CFTC GBP NC Net Positions

The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions.

JP CFTC JPY NC Net Positions

The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. Japan’s CFTC JPY NC Net Positions will be released at 20:30 GMT, the US ISM Services PMI at 15:00 GMT, and the US Nonfarm Payrolls at 13:30 GMT.

US ISM Services PMI

The ISM Services PMI shows the business conditions outside of the manufacturing sector, taking into account expectations for future production, new orders, inventories, employment, and deliveries.

US Nonfarm Payrolls

The Nonfarm Payrolls presents the number of new jobs created during the previous month, excluding the agricultural sector.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.