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On May 18, according to Irans Mehr News Agency, Iranian security forces commander Ahmed-Reza Radan said that since the US and Israel launched their attack on Iran in late February, more than 6,500 spies and collaborators have been arrested. Radan also stated that Iranian police are continuing to hunt down individuals linked to hostile forces.On May 18, according to foreign media reports, approximately 23 oil tankers have been spotted near Irans main oil export hub. This is the largest gathering of vessels near the island since the US Navy began blockading Iranian ports, intercepting and seizing ships a month ago. Satellite images taken on May 16 show these tankers anchored around Kharg Island or docked at crude oil or liquefied petroleum gas loading and unloading terminals. The US non-profit policy consulting organization "United Nations Against Irans Nuclear Weapons (UANI)" confirmed the images, stating, "The gathering of ships around the island indicates that Irans crude oil and petroleum export system is facing increasingly serious delays and bottlenecks." However, analysis of tanker movements in the Persian Gulf has been hampered by unstable signals and limited satellite imagery. Reports indicate that activity around Kharg Island has slowed due to export disruptions leading to full storage facilities. With fully loaded tankers unable to leave the area and empty tankers unable to load crude oil, Iran will have to reduce its oil production.According to Hong Kong Stock Exchange filings, Tencent Holdings (00700.HK) repurchased 1.1 million shares for cancellation on May 18, 2026, for a total consideration of HK$500.7 million.Market news: Since the U.S. Navy began blockading, intercepting and seizing ships at Iranian ports a month ago, about 23 oil tankers have been spotted near Irans Kharg Island, the largest fleet to gather around the island.On May 18th, according to multiple sources close to ByteDance, Tomato Novels, a subsidiary of ByteDance, is pushing for AI-powered animation to be released in theaters. In this process, adaptation rights for top IPs on the Tomato Novels platform will be granted. According to the aforementioned sources, ByteDance has set an influence target for Tomato IPs, aiming to "make people inside and outside the industry feel that Tomatos productions are high-quality and positive." In terms of specific business operations, theatrical releases would be a good solution. Another source indicated that Red Fruit Comics is currently acquiring 120-minute undivided episodes of long-form content, a direction that major video platforms are currently vying for.

XRP Bears Target a Return to Sub-$0.38 on Binance and US CPI Jitters

Cory Russell

Dec 13, 2022 15:38

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XRP was back in the red this morning after a NASDAQ Index-driven recovery on Monday as investors awaited information on Binance ahead of the CPI Report.


XRP increased on Monday by 1.44%. XRP finished the day at $0.3868, reversing a loss of 1.35% from the previous day. For the third session in a row, the price of XRP was below $0.39.


XRP experienced a negative start to the day, dropping to an early morning low of $0.3711. At $0.3768 and $0.3724, respectively, the First Major Support Level (S1) and Second Major Support Level (S2) were breached by XRP. However, XRP increased to a late high of $0.38967 after receiving support from a wider market. Before falling back to close the day at less than $0.3870, XRP broke through the First Major Resistance Level (R1) at $0.3872.

A bullish XRP session is delivered by Binance and the NASDAQ Index

Investors were not diverted from the cryptocurrency news wires by updates in the SEC v. Ripple lawsuit, which is still pending.


Investor mood was affected by reports of anomalous behavior on the Binance exchange and a Reuters report that US authorities planned to press charges for financial offences.


Prior to today's US CPI Report, the NASDAQ Index provided much-needed support. Through the afternoon session, demand for riskier assets was driven by expectations of lower inflation numbers and a Fed shift.


The US CPI Report and the NASDAQ Index will serve as today's primary sources of guidance because the SEC v. Ripple case has not yet produced any new developments. Investor concerns following Monday's optimism may put buyer interest to the test before today's data.


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