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Israeli military: Strikes are underway against targets in Tehran, the Iranian capital.On March 21, it was reported that current standards and criteria for labeling short video content vary across websites and platforms. Some short videos containing fictionalized narratives, staged marketing videos, or AI-generated content are not properly labeled, seriously misleading public perception, disrupting social order, and polluting the online environment. In response, the Cyberspace Administration of China plans to guide websites and platforms to comprehensively standardize the labeling of short video content. This includes: 1) Standardizing the tags used for labeling short video content and clarifying the types of tags that must be set; 2) Making content labeling a mandatory step in the posting of short videos, guiding users to label their published short video content; and 3) Conducting phased review and supplementary labeling of existing short video content to promote comprehensive labeling.Iranian Foreign Minister: We seek a permanent end to the war. Many countries are working to mediate and end the war, and Iran is open to any initiative to end the conflict.March 21 – Following the US and Israeli military strikes against Iran, shipping in the Strait of Hormuz continues to be disrupted, destabilizing the global energy supply system. On March 20, Slovak Prime Minister Fico warned that a European oil crisis could occur due to a combination of factors. Fico stated that since the US-Israeli strikes against Iran, the EU has already paid over €6 billion in additional costs due to rising fuel prices. This, coupled with the current economic situation in Europe and the EUs substantial support for Ukraine, has created an "explosive combination." Fico indicated that the future could be very dire, even risking an oil crisis. He urged the EU to expedite the restoration of the Friendship Pipeline.Market news: Iran launched missiles into southern and central Israel.

BTC Fear & Greed Index Falls Despite BTC Avoiding Sub-$16,000

Jimmy Khan

Nov 24, 2022 15:40

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Bitcoin (BTC) increased by 2.44% on Wednesday. BTC finished the day at $16,613 after rising by 2.87% on Tuesday. For the first time in three sessions, BTC avoided trading below $16,000.


BTC dropped to a low of $16,168 early in the morning following a mixed day's start. BTC surged to a late high of $16,682, avoiding the First Major Support Level (S1) at $15,791. At $16,469, the First Major Resistance Level (R1) was breached by BTC, which ultimately closed the day at $16,613.


On Wednesday, FTX contagion risk decreased even further, supporting the cryptocurrency market desperately needed. Former FTX CEO Sam Bankman-Fried boosted investor hopes after learning that the company had cash reserves of $1.24 billion.


Bankman-Fried wrote in a letter to the staff, "Perhaps there still remains a chance to preserve the company. I think there are many billions of dollars in sincere interest from new investors that could be used to compensate customers. But since I have no control over it, I can't guarantee you anything.


The letter came after news that Justin Sun of Tron and Brad Garlinghouse of Ripple were interested in buying FTX assets. Investors are hopeful that the collapse of FTX will have a minimal effect on creditors given the stated cash holding of $1.24 billion.


The FOMC meeting minutes provided more assistance for the cryptocurrency market overnight. Before the holidays, talk of letting up on the gas helped riskier assets, with the NASDAQ Composite Index increasing by 0.99%. The US economic data underwhelmed, though, restricting the NASDAQ's potential growth.


Since the US markets are closed for Thanksgiving, there are no US statistics to take into account today.


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