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On March 22, local time, Israeli Prime Minister Benjamin Netanyahu stated in the southern city of Arad that Israel is responding to Iranian attacks, but not targeting civilians. Netanyahu indicated that Israels targets are the current Iranian regime and the Islamic Revolutionary Guard Corps (IRGC), and the Israeli military will directly strike the IRGCs leaders, as well as their infrastructure and economic assets.On March 22, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with a delegation from the US-China Business Council in Beijing. He Lifeng stated that the China-US relationship is the most important bilateral relationship in the world today. He expressed hope that the US-China Business Council would continue to play its role as a bridge, promoting friendly exchanges and the steady and healthy development of China-US economic and trade relations. He also hoped that American companies would fully seize the opportunities presented by Chinas development, make good use of the potential of the Chinese market, and inject more stability and positive energy into China-US economic and trade relations.On March 22, Australian Climate Change and Energy Minister Chris Bowen announced that six fuel ships scheduled to arrive in Australia next month have had their voyages cancelled or postponed due to the Middle East conflict. In an interview with the Australian Broadcasting Corporation (ABC), Bowen stated that the six ships, originating from Malaysia, Singapore, and South Korea, were originally scheduled to arrive next month. He said that against the backdrop of the Middle East conflict, Australias fuel supply will experience "some fluctuations," and the government will "work with refiners and importers to mitigate the impact as much as possible." Bowen also stated that Australias current fuel reserves are slightly higher than pre-crisis levels, with gasoline reserves estimated at approximately 38 days and diesel and jet fuel reserves at approximately 30 days. Bowen ruled out the possibility of implementing fuel rationing measures in the short term.Israeli Prime Minister Netanyahu: Its time to get other world leaders into our war.Israeli Prime Minister Netanyahu: US President Trump wants the international community to confront the Iranian regime.

ETH Bulls Eye $1,650 on Justin Sun’s Bullish Stake on Shanghai Upgrade

Skylar Shaw

Feb 27, 2023 16:10

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On Saturday, Ethereum (ETH) decreased by 0.81%. Friday saw ETH lose 2.60% and finish the day at $1,595. For the third time in ten hours, ETH fell below $1,600 during the negative session.


After a divided morning, ETH reached a peak of $1,609 early on. ETH declined to a late low of $1,558 after failing to pass through the First Significant Resistance Line (R1) at $1,657. Before finishing the day at $1,595, ETH momentarily breached the First Significant Support Line (S1) at $1,567.


Bitcoin (BTC) decreased by 0.09% on Saturday. Bitcoin finished the day at $23,178, down from Friday's closing price of $3,133%. Bitcoin fell below $23,000 for the second time in ten hours during the negative session. BTC's loss run now stands at five periods, which is the second of the year.


Bitcoin reached a morning peak of $23,223 despite the day's uneven start. Bitcoin fell to a late low of $22,810 after failing to pass the First Significant Resistance Level (R1), which is located at $23,942.

 However, Bitcoin found late support to finish the day at $23,178, avoiding the First Significant Support Line (S1) at $22,665.

The Fed and the G20 Take Priority Over Shanghai's Improvement

The Ethereum community is very active right now because the Shanghai update is scheduled for February 28. Although there is disagreement in the market regarding how the Shanghai update will affect ETH, Justin Sun, the creator of Tron (TRX), has taken an optimistic stance and staked 150,100 ETH on Lido (LDO).


According to Cryptoquant data, ETH pledging payments increased significantly on Saturday. The graph below displays the 150,100 ETH influx that was a component of the February 25 198,560 ETH staking outflows.