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On June 17, local time, on the evening of the 16th, Iranian Islamic Revolutionary Guard Corps spokesman Naini said that the ninth round of attacks of the Iranian Islamic Revolutionary Guard Corps "Real Commitment-3" operation had begun. Naini said that this was a joint strike by missiles and drones, and the operation would continue until dawn. Naini said that so far, Iran has launched 545 drone operations against different targets in Israel.June 17th, local time on the 16th, Israels largest refinery operator, Bazin Group, said that due to Irans missile attack on its refinery in Haifa Bay, all facilities of the factory have been forced to close. In a statement issued to the Tel Aviv Stock Exchange, Bazin Group stated that due to damage to facilities and serious damage to the power plant, all facilities of the refinery and its subsidiaries have been completely shut down. Bazin Group also stated that the company is working with the Israel Electric Company to work hard to restore power supply to the refinery facilities. It is reported that Irans attack on the Haifa refinery in the early morning of the 16th killed a total of 3 people.Market News: Iranian Foreign Minister Araghchi told three European counterparts that Iran is serious about diplomacy and has never left the negotiating table, but Tehran’s current focus is on responding to “aggression.”U.S. President Trump: (Speaking of Iran) Either we sign a deal or something happens.US President Trump: We are making sure Iran does not have a nuclear weapon.

XRP Bears Eye a First Visit to Sub-$0.36 Since January on G20 Updates

Cory Russell

Feb 27, 2023 16:02


XRP lost 0.13% of its value on Saturday. XRP finished the day at $0.37786 after losing 2.57% on Friday. XRP fell shy of the $0.38 mark for the second time since January 11 due to the negative session.


The price of XRP rose to a mid-morning peak of $0.37930 during a range-bound morning before reversing. A late bottom of $0.36944 was reached by XRP as it failed to reach the First Significant Resistance Line (R1) at $0.3884. After momentarily breaching the First Significant Support Line (S1) at $0.3705, XRP finished the day at $0.37786.

Bank Anxiety and G20 Reports Decrease Bitcoin Lacking $0.38

Riskier assets have been impacted as a result of Fed dread being rekindled and US economic data from Friday. A rise in US inflation increased predictions of a more active Fed interest rate route to achieve the goal inflation rate. A 50-basis point rate increase is once again on the agenda thanks to the most recent US statistics.


Buyer mood has been put to the test by growing regulation action and legislator comments on cryptocurrencies. The G20 called for a complete worldwide regulation structure on cryptocurrencies on Saturday. Even urging the G20 to contemplate outlawing cryptocurrencies, the IMF.


On the other hand, US Treasury Secretary Janet Yellen shot down the notion of a crypto prohibition, stating, "We haven't proposed explicit outlawing of crypto operations, but it is essential to put in place a robust regulation structure. We collaborate with other countries.


The market found some solace in Yellen's remarks. A G20 decision to outlaw cryptocurrencies would be disastrous for the industry's growth and market.


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