EUR/USD 1.15386
-0.074%
Gold 3988.97
0.302%
Oil 59.532
0.227%
USD/JPY 153.198
0.092%
GBP/USD 1.31308
-0.050%
GBP/JPY 201.164
0.058%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Futures News, November 7th: Crude oil prices continued to decline, resulting in weak trading activity in the fuel oil market. A wait-and-see attitude is prevailing, with purchases mainly consisting of small, immediate needs. Actual market activity is sluggish, and it is expected that fuel oil negotiations today will still face some risk of a slight downward correction.New York gold futures broke through $4,000 per ounce, up 0.23% on the day.On November 7th, the Russian Ministry of Defense released a battle report on November 6th, stating that in Pokrovsk (known as the Red Army City in Russia) in the Donetsk region, Russian forces continued their attacks on besieged Ukrainian troops, seizing control of 64 buildings within a 24-hour period and repelling more than ten Ukrainian attempts to break the siege. Furthermore, Russian forces struck Ukrainian targets in 149 areas, including energy and transportation infrastructure, drone storage and launch sites, and temporary deployment points for Ukrainian troops and foreign mercenaries. Within a day, they destroyed or shot down two guided-missile bombs, more than 200 drones, and over 10 armored vehicles. The General Staff of the Ukrainian Armed Forces stated on the 6th that Ukrainian forces repelled hundreds of Russian attacks in multiple directions, including Pokrovsk (known as the Red Army City in Russia), and reinforced military units defending the city. The Ukrainian Armed Forces also stated that on the 5th, they attacked a drone storage, assembly, and launch site in the Donetsk airport area and assaulted the Volgograd oil refinery in Russia.A sell-off in US tech stocks triggered a sharp decline in Japanese chip-related stocks, with SoftBank Group falling 7.7%.US President Trump: I just had an important call with Israeli Prime Minister Netanyahu.

BTC Fear & Greed Index Remains Neutral Despite SEC Move on BUSD

Jimmy Khan

Feb 14, 2023 16:34

微信截图_20230214095207.png


Bitcoin (BTC) had a 0.11% decline on Monday. On Sunday, BTC lost 0.32% of its value and finished the day at $21,773. BTC finished the day below $22,000 for the seventh straight session.


After a rocky beginning, BTC increased to a high of $21,905 in the middle of the day. BTC declined to a late-afternoon low of $21,354 after failing to surpass the First Major Resistance Level (R1) at $22,039 in the morning. Before closing the day at $21,773, BTC momentarily breached the First Major Support Level (S1) at $21,609 and the Second Major Support Level (S2) at $21,423.


The SEC's action against Paxos and Binance USD caused BTC to decline.


There were no US economic indications to distract investors on Monday. Paxos and Binance USD (BUSD) were the SEC's most recent targets after hearing that Kraken had reached a settlement with the agency and would no longer provide US cryptocurrency staking services.


News of the SEC intending to sue Paxos over the release and listing of Binance USD broke on Monday (BUSD). The company violated investor protection regulations, according to the SEC. In a statement in response to the Wells notice, Paxos said that it is ready to go to court if required. Because BUSD is not a security under federal securities laws, Paxos further indicated that it unequivocally disagrees with the SEC staff.


The SEC's actions against stablecoins and crypto staking will increase investor apprehension and market volatility.


The NASDAQ Composite Index provided support ahead of today's US CPI Report, limiting the downside for bitcoin. The NASDAQ increased by 1.48% on Monday.


Updates from FTX, Genesis, and Silvergate Bank today need attention. However, in addition to any Fed statement, the NASDAQ Composite Index and SEC chitchat will provide guidance. A sudden increase in US inflation and aggressive Fed talk would be bad for bitcoin. After the US CPI Report, FOMC members Logan and Williams will speak.


Suggestion