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On August 24th, according to foreign media reports, ExxonMobil stated in a statement that a fire in the laundry room of a floating vessel off the coast of Guyana forced the company to temporarily suspend operations at the facility. The statement said the fire on the Liza Unity floating production storage and offloading (FPSO) unit was quickly extinguished. An ExxonMobil Guyana spokesperson said that crude oil unloading operations were affected due to the temporary shutdown. The Liza oil field is key to Guyanas transformation into a major crude oil producer, and the Liza Unity FPSO is responsible for producing approximately 250,000 barrels of crude oil per day of the more than 900,000 barrels per day in the Stabrok block.According to Al Jazeera: Israeli airstrikes near a hospital in Gaza have injured several people.1. Hugging Face reportedly attracts at least $13 billion in acquisition interest. 2. The second World Humanoid Robot Games will hold multiple events. 3. Nvidia reportedly notified customers of a price increase of over 15% for AI-related products. 4. Alibaba plans to place HK$80 billion in new shares, with all proceeds going towards AI. 5. The Change 7 mission does not meet launch requirements and cannot be carried out within the scheduled launch window this year. 6. Trump: Communities that refuse to plan and build data centers are making a mistake. On August 24th, according to Axios, US President Trump defended the expansion of data centers in an interview broadcast on Sunday. He stated that data centers do not draw power from the grid. Trump said, "People are building their own power plants, the most beautiful power plants youve ever seen." He added, "Communities that arent building data centers are making a mistake," because data centers create "a lot of jobs and economic benefits." His remarks came as the Texas governor stated that data center companies are "digging their own graves" and instructed state regulators to require data centers to fully bear the construction costs of their required power infrastructure; meanwhile, the Pennsylvania governor introduced related restrictions, and the New York governor ordered a one-year halt to the construction of hyperscale data centers. Meanwhile, the Trump administration has taken steps to relax some environmental requirements for data centers while urging technology companies to bear more of the electricity costs associated with artificial intelligence construction.According to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) continued to rise in the week ending August 21, 2026, with the benchmark December contract closing 0.9% higher. This reflected soaring crude oil prices, declining soybean oil inventories, and disruptions to Black Sea vegetable oil exports. However, Midwest surveys showed that soybean yield potential was higher than government expectations, unlocking oil-meal arbitrage opportunities and limiting the upside potential of the soybean oil market. International crude oil prices surged, reaching their highest closing price in a month, due to US President Trumps threat to impose economic sanctions on Irans trading partners, raising market expectations of tighter supplies in the coming weeks. Stronger crude oil prices typically boost demand for biofuels, and soybean oil is a key raw material for biofuel production. Meanwhile, the escalating conflict between Russia and Ukraine disrupted exports from Black Sea ports, interrupting sunflower oil exports from the region and forcing buyers to turn to other edible oils such as soybean oil, also supporting the Chicago soybean oil market.

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.