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On January 2nd, Ministry of National Defense spokesperson Zhang Xiaogang, in response to a reporters question regarding overseas hype surrounding the "Justice Mission-2025" exercise, stated that Taiwan is an inseparable part of Chinas territory, and the Taiwan issue is purely Chinas internal affair, brooking no external interference. The Peoples Liberation Armys (PLA) anti-separatist and anti-interference operations around Taiwan are entirely legitimate, necessary, and beyond reproach. The biggest reality in the Taiwan Strait is that both sides belong to one China, and the greatest threat to peace and stability in the Taiwan Strait is "Taiwan independence" separatist activities and the connivance and support of external forces. We urge relevant countries and institutions to strictly adhere to the one-China principle, cease their connivance and support for "Taiwan independence" forces, and stop stirring up trouble on the Taiwan Strait issue. We hope that the vast majority of Taiwan compatriots will truly recognize the extreme danger and harmfulness of Lai Ching-tes "Taiwan independence" provocations, prevent being deceived and coerced by "Taiwan independence" forces, and earnestly safeguard their own security and well-being and the fundamental interests of the Chinese nation. The Chinese Peoples Liberation Army will continue to strengthen its training and preparedness, be ready at any time to counter provocative acts seeking "independence," resolutely thwart all attempts at external interference, and defend national sovereignty, unity, and territorial integrity.January 2nd - With US stocks closed for a holiday, Hong Kong stocks opened today, the first trading day of 2026. Driven by tech stocks, the market continued its upward trend, with gains exceeding 500 points. The Hang Seng Index opened 86 points higher at 25717, and subsequently, with strong buying pressure, broke through the 26000 mark, reaching a high of 26217, a gain of 586 points, and surpassing the 100-day moving average. At the close, the Hang Seng Index rose 2.18% in the morning session, while the Tech Index rose 3.38%. The total turnover of the Hang Seng Index market was HK$76.87 billion. On the sector front, tech stocks led the gains, semiconductor stocks rose for the first time in a week, and retail, power equipment, and gaming software stocks strengthened again. Biopharmaceuticals and cosmetics stocks continued their weakness, while film, heavy machinery, and food stocks experienced a pullback. In terms of individual stocks, Biren Technology (06082.HK) surged over 72% on its first day of trading, Hua Hong Semiconductor (01347.HK) rose nearly 10%, Baidu (09888.HK) rose 7.5%, Kingdee International (00268.HK) rose over 6%, and CK Infrastructure Holdings (01038.HK) fell 1.1%.New York silver futures broke through $73 per ounce, up 3.40% on the day.New York silver futures extended gains to 3.00% on the day, currently trading at $72.74 per ounce.The Hong Kong dollar 1-week interbank offered rate (HIBOR) saw its biggest drop since May.

Price Action in DOGE and SHIB Determined by Twitter and Elon Musk News

Daniel Rogers

Nov 07, 2022 17:53

 截屏2022-11-07 下午5.45.11.png

 

Sunday was a bearish session, with dogecoin (DOGE) falling for the fourth time in five sessions. The news that Twitter halted its crypto integration plans continued to weigh on the market, with bearish sentiment in the broader market contributing to the decline. However, technical indications remained optimistic, requiring a rebound to $0.15 for DOGE investors to retarget $0.20.

 

On Sunday, dogecoin (DOGE) lost 7.79% of its value. Following a loss of 1.33% on Saturday, DOGE closed the week at $0.1148, down 2.54%. Notably, DOGE avoided falling below $0.10 for the ninth session in a row.

 

After a range-bound morning, DOGE surged to a high of $0.1277 by early afternoon. DOGE fell to a final-hour low of $0.1119, failing to surpass the First Major Resistance Level (R1) at $0.1335. At $0.1177, DOGE fell through the First Major Support Level (S1). DOGE found support at the Second Major Support Level (S2) at $0.1110 and closed at $0.1148.

 

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 beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads 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, the value of Shiba inu currency (SHIB) decreased by 4.98 percent. Following a loss of 0.40% on Saturday, SHIB closed the week at $0.00001184, down 0.67 percent.

 

SHIB surged to a high of $0.00001290 in the early afternoon hours, mirroring the price of DOGE. SHIB failed to surpass the First Major Resistance Level (R1) at $0.00001305 and fell to an intraday low of $0.00001175. SHIB dropped below the First Major Support Level (S1) at $0.00001201 and closed the session at $0.00001184.

 

The crypto news wires were again silent on that day. The absence of news placed Twitter (TWTR) and Elon Musk in the spotlight.

 

The news that Twitter halted development of a crypto wallet to accommodate DOGE and other cryptocurrencies was unfavorable for DOGE. DOGE and SHIB have also been negatively impacted by investor opinion about Elon Musk's post-acquisition modifications.

 

Advertiser defections pose the possibility of precipitous income stream declines, which could damper the optimistic outlook for DOGE adoption. It is also unknown how the increased $8 cost for the coveted blue check verification marks would affect user numbers.


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