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DOGE Transactions Hit ATH, Crypto Daily TV 16/5/2023

DOGE Transactions Hit ATH, TV 16/5/2023

In Todays Headline TV CryptoDaily News:

Dogecoin daily transactions hit record high

Dogecoin, the largest meme coin in the crypto ecosystem, witnessed a peak in daily transactions, which climbed to a record high of 650,000. Yesterday, DOGE network transactions surpassed Bitcoin and Litecoin, setting a new record.

BCH prices jumped 6%

Bitcoin Cash prices jumped as much as 6% ahead of a mainnet upgrade that will allow developers to issue tokens atop the network, among other enhancements.

Bitcoin addresses holding 1 BTC or more reach one million

The number of Bitcoin wallet addresses holding one whole BTC or more, has reached the one million mark for the first time, with roughly 200,000 of the newest wholesalers joining the ranks in 2022.

BTC/USD exploded 1.5% in the last session.

The Bitcoin-Dollar pair exploded 1.5% in the last session. The ROC is giving a positive signal. Support is at 26368.3333 and resistance is at 27478.3333.

The ROC is currently in positive territory.

ETH/USD exploded 1.4% in the last session.

The Ethereum-Dollar pair gained 1.4% in the last session after rising as much as 2.5% during the session. The CCI is giving a positive signal. Support is at 1773.6233 and resistance is at 1835.7633.

The CCI is currently in the positive zone.

XRP/USD rose 0.6% in the last session.

The Ripple-Dollar pair gained 0.6% in the last session. The MACD is giving a negative signal. Support is at 0.4164 and resistance is at 0.4362.

The MACD is currently in negative territory. 

LTC/USD skyrocketed 5.1% in the last session.

The Litecoin-Dollar pair skyrocketed 5.1% in the last session. According to the Stochastic-RSI, we are in an overbought market. Support is at 78.1933 and resistance is at 86.5933.

The Stochastic-RSI points to an overbought market.

Daily Economic Calendar:

EMU EcoFin Meeting

The Economic and Financial Affairs Council, the main decision-making body of the Council of the European Union, is composed of the Finance Ministers of the 27 European Union member states. The Eurozone’s EcoFin Meeting will be released at 07:00 GMT, the UK’s ILO Unemployment Rate at 06:00 GMT, and Japan’s Gross Domestic Product at 23:50 GMT.

UK ILO Unemployment Rate

The ILO Unemployment Rate is the number of unemployed workers divided by the total civilian labor force.

JP Gross Domestic Product

The Gross Domestic Product is a measure of the total value of all goods and services produced by a country. The GDP is considered as a broad measure of economic activity and health.

UK Claimant Count Change

The Claimant Count Change presents the change in the number of unemployed people in the UK. The UK’s Claimant Count Change will be released at 06:00 GMT, the US Industrial Production at 13:15 GMT, Australia’s RBA Meeting Minutes at 01:30 GMT.

US Industrial Production

Industry is a basic category of business activity. Changes in the volume of the physical output of the nation’s factories, mines and utilities are measured by the index of the industrial production.

AU RBA Meeting Minutes

The minutes of the Reserve Bank of Australia meetings give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee.

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.

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