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On September 20th, the Ministry of Culture and Tourism issued the "15th Five-Year Plan for the Construction of the Public Cultural Service System." The plan proposes that by 2030, the level of balanced development of public cultural services will be continuously improved, the integrated construction of urban and rural public cultural service systems will be fully promoted, and the regional collaborative development mechanism will be more sound. The supply mechanism of public cultural services will be further improved, and an open, diversified, and collaborative supply pattern will be basically formed. The digitalization of public culture will reach a new level, and digital resources will be richer. Significant progress will be made in the reform of the public cultural service system and mechanism, and the vitality of innovation and creativity in public culture will be significantly enhanced. The plan comprehensively deploys five key tasks: promoting the quality and efficiency of public cultural services through reform, continuously promoting the construction of modern public libraries, promoting the prosperity and development of mass culture, promoting the balanced development of public cultural services, and improving the digitalization level of public cultural services. At the same time, it lists 18 key projects based on actual conditions to ensure that the direction is clear, the long-term goals are well-defined, and the implementation is grounded in reality.On September 20, two attacks occurred in the West Bank, resulting in the death of one Israeli and one Palestinian by Israeli forces. The Israel Defense Forces (IDF) issued a statement saying that a Palestinian man attempted to ram Israeli soldiers with his car in the Ghanim area near Jenin in the northern West Bank and was shot dead by Israeli forces. Separately, according to the IDF and Israeli emergency services, a shooting occurred near the Nevechuff settlement northwest of Ramallah. A gunman opened fire from a car on Israelis near a spring, seriously injuring one Israeli man before fleeing the scene. Israeli media, citing medical personnel, reported that the seriously injured man had died.On September 20th, the Party Leadership Group of the Ministry of Agriculture and Rural Affairs held a meeting. The meeting emphasized that cultivating and strengthening the agricultural machinery equipment industry is a key support for agricultural modernization. It stressed adhering to the development direction of intelligence, greening, and integration, focusing on addressing prominent shortcomings such as high-end intelligent machinery and machinery suitable for hilly and mountainous areas. The meeting called for concentrating superior resources and efforts to overcome key challenges in a number of landmark complete machines and key common technologies, accelerating pilot-scale testing and mature application, so that more areas of agricultural production can have "organic produce available and good machinery available." The meeting also emphasized vigorously promoting "artificial intelligence + agriculture," expanding application scenarios for drones, the Internet of Things, and other technologies, so that new productive forces can better empower the development of modern agriculture.On September 20th, US President Trump stated on social media: "At the strong request of the US military and for national security purposes, I have agreed to transform the magnificent Arc de Triomphe—planned for many years since the Civil War—located in Reception Plaza next to the Arlington Memorial Bridge, into a top-tier military complex/Arch de Triomphe—capable of housing, storing, and rapidly deploying large numbers of drones, while also deploying snipers on the rooftops and plaza area, and additionally storing and maintaining a large quantity of sniper ammunition. There is no similar facility anywhere else in the world. Of the 59 top cities and capitals in the world, Washington, D.C., is the only city without an Arc de Triomphe, but now it will have one, and it will be the greatest ever!"Market news: Israeli Prime Minister Netanyahu has ordered increased military presence in the West Bank, including a blockade, arrests, and the demolition of the residences of those who carried out the attacks.

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.