Sony Makes Web3 Foray With NFT Patent, Crypto Daily TV 22/3/2023

In Todays Headline TV CryptoDaily News:

Sony files patent for NFT transfers.

Entertainment and gaming console giant Sony Interactive Entertainment has filed for a patent that would make non-fungible tokens transferable between different games and consoles.

Bitcoin seesaws below $28K as investors eye Fed decision.

Bitcoin lost momentum, teeter-tottering above and below $28,000 as investors seemed ready to hunker down in advance of the U.S. central bank's next interest rate decision.

OKCoin suspends trading of Miami and NYC citycoins.

Crypto exchange OKCoin has suspended the trading of two citycoins, MiamiCoin and NYCCoin, citing limited liquidity as the reason for the decision. The exchange will resume the trading of those coins once the “unexpected” low liquidity is solved.

BTC/USD exploded 1.2% in the last session.

The Bitcoin-Dollar pair skyrocketed 1.2% in the last session. According to the Williams indicator, we are in an overbought market. Support is at 264521 and resistance at 290681.

The Williams indicator is signalling an overbought market.

ETH/USD exploded 3.6% in the last session.

The Ethereum-Dollar pair exploded 3.6% in the last session. The RSI is giving a positive signal. Support is at 1674.0833 and resistance at 1831.9033.

The RSI is currently in positive territory.

XRP/USD skyrocketed 27.2% in the last session.

The Ripple-Dollar pair skyrocketed 27.2% in the last session. The Stochastic indicator is giving a positive signal, which matches our overall technical analysis. Support is at 0.3588 and resistance at 0.3987.

The Stochastic indicator is currently in the positive zone.

LTC/USD skyrocketed 5.4% in the last session.

The Litecoin-Dollar pair skyrocketed 5.4% in the last session. The CCI is giving a positive signal, which matches our overall technical analysis. Support is at 73.5267 and resistance at 86.5267.

The CCI is giving a positive signal.

Daily Economic Calendar:

US Fed Interest Rate Decision

The Fed Interest Rate Decision is announced by the Federal Reserve. The interest rates are a key mechanism through which the central bank influences inflation. The US Fed Interest Rate Decision will be released at 18:00 GMT, the US Fed's Monetary Policy Statement at 18:00 GMT, and Germany's 10-y Bond Auction at 10:30 GMT.

US Fed's Monetary Policy Statement

Following the Fed's rate decision, the FOMC released a statement regarding its monetary policy. 

DE 10-y Bond Auction

The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates.

NL Consumer Confidence Adj

Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer sentiment is bullish for the overall economy. The Dutch Consumer Confidence Adj will be released at 05:30 GMT, the UK's Consumer Price Index at 07:00 GMT, and the UK's Core Consumer Price Index at 07:00 GMT.

UK Consumer Price Index

The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. 

UK Core Consumer Price Index

The Core Consumer Price Index (CPI) measures the changes in the prices of goods and services, excluding food and energy.

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.