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The German DAX 30 index opened 55.87 points higher, or 0.23%, at 24,395.93 on Monday, December 29th; the UK FTSE 100 index opened 5.17 points higher, or 0.05%, at 9,875.85; and the French CAC 40 index opened 16.75 points higher, or 0.21%, at 8,120.33. (European...) The Stoxx 50 index opened 17.31 points higher, or 0.30%, at 5763.55 on Monday, December 29; the Spanish IBEX 35 index opened 12.83 points lower, or 0.07%, at 17160.07 on Monday, December 29; and the Italian FTSE MIB index opened 25.92 points higher, or 0.06%, at 44632.50 on Monday, December 29.The State Bank of Vietnam: Currently, nine banks are applying for gold import licenses.The chart shows that at 23:00 Beijing time on December 29, there will be large foreign exchange options contracts for EUR/USD, USD/JPY, and USD/CAD expiring, including two contracts with strike prices exceeding 1 billion. Please manage your risks.December 29 – Foreign Ministry Spokesperson Lin Jian held a regular press conference on December 29. Lin Jian stated that China supports all efforts conducive to a peaceful resolution of the Ukraine crisis and hopes that all parties will reach a fair, lasting, and binding peace agreement as soon as possible through dialogue and negotiation. Lin Jian pointed out that since the outbreak of the Ukraine crisis, China has maintained close communication with all relevant parties, including Russia and Ukraine, and has consistently been committed to a ceasefire, cessation of hostilities, and promoting peace talks. The efforts made by China are evident to the international community. China supports all efforts conducive to peace and will continue to play a constructive role in this regard.On December 29th, Shandong Airlines and other airlines issued a notice today, announcing a reduction in the fuel surcharge for domestic passenger flights, effective from 00:00 on January 5th, 2026. The surcharge will be 10 yuan for flights of 800 kilometers or less and 20 yuan for flights over 800 kilometers, representing reductions of 10 yuan and 20 yuan respectively compared to the previous rates.

XRP Finds Relief on Binance News to Bring $0.40 into View

Skylar Shaw

Nov 15, 2022 16:48

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Monday saw an increase in XRP of 10.76%. XRP finished the day at $0.37691, reversing a loss of 6.07% from the previous day. Notably, XRP avoided the red for the second time in 10 sessions and finished the day below $0.40 for the sixth straight session.


XRP fell to an early low of $0.3210 due to a bearish start to the day. At $0.3259, XRP breached the First Major Support Level (S1). The market's response to the news that Binance had started a recovery fund, however, caused XRP to reach a late high of $0.37899. At $0.3616, the First Major Resistance Level (R1) was reached by XRP, which it overcame to end the day at $0.37691.


FTX was still the dominant topic heading into the Monday session. The market was still gripped by contagion anxiety, which caused XRP to drop below $0.33 for the first time in five sessions. The Binance news, however, encouraged an XRP and broader-based cryptocurrency rebound.


Investors anticipate that the recovery fund will lessen the market's overall impact of the FTX crash. Updates from the SEC v. Ripple case continued to strengthen the price of XRP.

The court grants requests to file amicus briefs by November 18

On Monday, a court decision disfavored the SEC. Judge Torres allowed requests for the Association, six XRP holders, Coinbase, the CCI, Valhil, Cryptillian, Veri DAO, Reaper Financial, InvestReady, NSEI, and Paradigm to submit formal briefs by November 18 in their court cases.


The SEC had moved for a November 11 deadline for all Amicus Brief submissions prior to the Court's ruling. The most recent Court decision implies that the Amicus Briefs might have an impact on the Court.


The rally on Monday was sparked by the news of the Binance recovery fund, but the court's ruling on Monday confirmed those who had predicted Ripple would prevail in its legal battle with the SEC.

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