EUR/USD 1.17866
-0.169%
Gold 4847.13
-2.387%
Oil 63.468
-1.189%
USD/JPY 156.860
-0.009%
GBP/USD 1.36211
-0.228%
GBP/JPY 213.665
-0.214%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 5th - SpaceXs application to deploy up to one million satellites has been accepted by the U.S. Federal Communications Commission (FCC), which has launched a public comment period. This indicates that the FCC is rapidly advancing SpaceXs plan to deploy an orbital data center with one million satellites. On Wednesday, local time, FCC Chairman Brendan Carr posted on the X platform, "The FCC welcomes and is seeking public comment on SpaceXs application for an orbital data center." This announcement is surprising because the company only submitted its proposal last Friday. Typically, the FCC takes weeks or months to respond. However, this time, the public comment period for SpaceXs orbital data center plan was launched in just a few days.On February 5th, the State Council Information Office held a press conference. Zhu Jianqiao, Director of the Online Transaction Supervision and Management Department of the State Administration for Market Regulation, stated that market regulators are cracking down on irregularities in live-streaming e-commerce. A special campaign has been launched to address prominent issues in live-streaming e-commerce, such as counterfeit and substandard products and false marketing. The illegal activities of Chengdu Kuaigou Technology Co., Ltd. have been investigated and dealt with according to law. At the same time, local authorities have been guided to investigate and deal with typical cases of false advertising by top live-streamers such as "Taiyuan Lao Ge" and "Da LOGO." Four batches of 30 typical cases in the live-streaming e-commerce field have been released.Pivotal Research: Raises its price target for Alphabet (GOOG.O) from $400 to $420.The yield on 20-year Japanese government bonds fell 3 basis points to 3.150%.Sources indicate that the Japan Bank for International Cooperation (JBC) is considering providing Nippon Steel with a loan of approximately $6.4 billion. Nippon Steel is also reportedly considering issuing convertible bonds worth up to $3.2 billion.

DOGE and SHIB Find Support Early on, with DOGE Eyeing a Return to $0.15

Alina Haynes

Oct 31, 2022 16:32

 截屏2022-10-31 下午4.09.43.png

 

On Sunday, dogecoin (DOGE) traded in the red for the first time in six sessions. While Elon Musk's acquisition of Twitter (TWTR) remained good for DOGE and SHIB, Fed Fear led to profit-taking ahead of Monday's session. The indications are optimistic, and DOGE investors are anticipating a recovery to $0.20.

 

On Sunday, dogecoin (DOGE) dropped 3.34 percent. DOGE concluded the week up 94.97% to $0.1177, partially retracing Saturday's 45.24% rise. DOGE avoided falling below $0.10 for the first time since May.

 

DOGE reached a mid-morning high of $0.1435 after a strong start to the day. DOGE reached a late-afternoon low of $0.1110, falling short of the First Major Resistance Level (R1) at $0.1550. Nonetheless, avoiding the First Major Support Level (S1) at $0.0857, DOGE retested $0.1199 before retreating.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. Spreads for index CFDs begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Sunday, Shiba inu coin (SHIB) fell 7.74%. SHIB closed the week up 17.21% to $0.00001192, somewhat erasing Saturday's 10.33% increase.

 

Following the larger market, SHIB reached an intraday high of $0.00001393 before reversing course. SHIB fell to a late low of $0.00001159, failing to surpass the First Major Resistance Level (R1) at $0.00001489. Nonetheless, avoiding the First Major Support Level (S1) at $0.00001124, SHIB revisited $0.00001199 prior to retreating.

 

DOGE and SHIB ended the session in the negative due to the pessimistic mindset of crypto market investors. However, the decline was moderate relative to the week's gains. The acquisition of Twitter (TWTR) by Elon Musk encourages future price gains. Investors expect Twitter to support DOGE and SHIB transactions.

 

With more than 200 million monetizable daily active users, Twitter's adoption of DOGE and SHIB payments should expand dramatically. As of the 30th of October, the total number of DOGE and SHIB holders was 5.68 million.

 

While investor mood surrounding the Fed's policy announcement on Wednesday will challenge buying enthusiasm, DOGE and SHIB remain optimistic on Twitter.


Suggestion