It’s Monday, September 25th, I’m Kiana Danial, CEO of Invest Diva with NewsBTC and here is your crypotocurrency update. Ethereum co-founder, Anthony Di Lorio has joined the UnikoinGold advisory board, followed its successful pre-sale to accredited investors, which raised $15 million from contributors including Mark Cuban, Brock Pierce, Blockchain Capital, Pantera Capital, and CoinCircle. The token sale opened to the Unikrn community, the world’s top regulated esports betting platform, as well as the public on September 23rd. Unikrn has already collected approximately 78,000 ETH in its private sale. UnikoinGold will allow Unikrn’s growing community to legally and fully engage in live betting with cryptocurrency. The esports industry is expected to reach $1 billion in revenue by next year, and Unikrn is pioneering secure, seamless wagering to reward the rapidly increasing number of esports viewers. With that, we have yet another cryptocurrency to watch out for. Thanks for watching, invest responsibly, and I’ll see you with more updates tomorrow.
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AUD/USD remained bid above 0.6500
AUD/USD extended further its bullish performance, advancing for the fourth session in a row on Thursday, although a sustainable breakout of the key 200-day SMA at 0.6526 still remain elusive.
EUR/USD faces a minor resistance near at 1.0750
EUR/USD quickly left behind Wednesday’s small downtick and resumed its uptrend north of 1.0700 the figure, always on the back of the persistent sell-off in the US Dollar ahead of key PCE data on Friday.
Gold holds around $2,330 after dismal US data
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
Bitcoin price continues to get rejected from $65K resistance as SEC delays decision on spot BTC ETF options
Bitcoin (BTC) price has markets in disarray, provoking a broader market crash as it slumped to the $62,000 range on Thursday. Meanwhile, reverberations from spot BTC exchange-traded funds (ETFs) continue to influence the market.
US economy: slower growth with stronger inflation
The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.