EUR/USD 1.16594
-0.162%
Gold 4638.13
0.461%
Oil 84.379
-2.215%
USD/JPY 159.151
0.098%
GBP/USD 1.36284
-0.133%
GBP/JPY 216.902
-0.035%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
U.S. State Department: U.S. Secretary of State Marco Rubio spoke with the German Foreign Minister on Monday about a shared commitment to freedom of navigation in the Strait of Hormuz.Sources say Italy will not participate in the "voluntary coalition" exercises.On August 25, U.S. Treasury Secretary Bessenter announced an "unprecedented" economic operation against Iran, aimed at severing Irans ties with the global economy, and warned that any country continuing to do business with Iran could face U.S. sanctions. Bessenter stated that the U.S. is launching an "economic offensive" against Irans global financial connections, and that Trump is communicating with world leaders, demanding a halt to economic interactions with the Iranian regime. Relevant countries will be given a deadline; if they fail to cease cooperation, the U.S. Treasury will take unilateral action. This operation focuses on Irans five "lifelines": digital assets, technology, gold, aviation, and shipping. Bessenter did not disclose a specific timeline or details of the measures. Bessenter had previously announced "Operation Economic Fury" against Iran and warned of secondary sanctions against foreign financial institutions that continue to support Iran. He stated, "No one can escape U.S. sanctions." However, analysts believe that given Irans years of sanctions, whether these measures will force Tehran to make concessions on the Strait of Hormuz remains uncertain.Musk: Our design is much simpler, cheaper, denser, and lighter than traditional racks.On August 25th, local time, Iranian Parliament Speaker Ghalibaf posted on social media regarding the US sanctions threat, stating that the US knows no one will believe their nonsense and that the US is economically powerless to further restrict relations with other countries. Irans trading partners have made it clear through the media and messages that they do not take these statements seriously. On the afternoon of the 24th local time, US Treasury Secretary Bessenter held a press conference, announcing several economic sanctions against Iran to further increase pressure on the country.

ETH Looks for a Return to $1,250 to Bring $1,300 into Play

Jimmy Khan

Nov 28, 2022 14:06

微信截图_20221128102602.png


On Saturday, Ethereum (ETH) increased by 0.50%. ETH finished the day at $1,205, reversing a loss of 0.33% from the previous day. For the second time in seven sessions, ETH finished the day at $1,200.


ETH increased to a high of $1,235 in the early afternoon following a strong morning. At $1,214 and $1,229, respectively, ETH broke through the First Major Resistance Level (R1) and Second Major Resistance Level (R2). ETH, on the other hand, experienced a negative afternoon and dropped to a late low of $1,196 before ending the day at $1,205. At $1,177, ETH skirted the First Major Support Level (S1).


Bitcoin (BTC) decreased by 0.36% on Saturday. BTC finished the day at $16,460 after losing 0.52% on Friday. Notably, BTC avoided trading below $16,000 for the fourth session in a row.


As the day got off to a bullish start, BTC climbed to an early high of $16,697. Before dropping to a late low of $16,389, BTC breached the First Major Resistance Level (R1) at $16,639 in price. BTC found late support to end the day at $16,460, avoiding the First Major Support Level (S1) at $16,376.


The $1,200 handle was maintained throughout the weekend as Ethereum network updates continued.


The following round of post-Merge and PoS transition upgrades were disclosed by the Ethereum Foundation on Thursday. The Shanghai hard fork, scheduled for H2 2023, will include the Beacon Chain Staked Ether. Users who have pre-Merge staked ETH will be able to access the tokens and rewards after the hard fork.


Although the announcement was encouraging, the developers did not give any deadlines. The ETH price will move as more information about the Shanghai hard fork becomes available.


Returning investors from the Thanksgiving break may support a breakout afternoon session for BTC and the larger market. For the first time since the demise of FTX, the BTC Fear & Greed Index exited the Extreme Fear zone this morning.

Suggestion