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Commander of Ukrainian drone forces: Ukraine attacked the "occupied" Crimean oil depot.Commander of Ukrainian drone forces: Ukraine attacked the port of Vysotsk in the Leningrad region of Russia.On April 18th, the motorcycle exhibition area at the 139th Canton Fair was packed with buyers from all over the world. Many had come specifically to see Zhangxue Motorcycles, the Chinese brand that had achieved legendary success at the WSBK World Superbike Championship just two weeks prior. Huang Qin, Minister of Foreign Trade at Zhangxue Motorcycles, stated, "The event has been incredibly popular these past two days. Over 5,000 buyers came specifically for our brand, and many requested to become our local agents and place orders directly. Weve received orders for over a thousand units." According to data released by the General Administration of Customs, in the first quarter, my country exported 4.63 million internal combustion engine motorcycles, valued at 21.14 billion yuan, representing year-on-year increases of 13.5% and 14.2%, respectively. In the first quarter, my country exported 11.14 million motorcycles, valued at 34.445 billion yuan, representing year-on-year increases of 18.8% and 18.4%, respectively. From winning championships on the racetrack to showcasing its products at the Canton Fair, Zhangxue Motorcycles has not only attracted global attention with its strong capabilities but has also boosted the overall popularity and sales of the domestic motorcycle industry with its outstanding performance.According to the official measurement of the China Earthquake Networks Center, a magnitude 3.4 earthquake occurred at 16:07 on April 18 in Kuqa City, Aksu Prefecture, Xinjiang (41.27 degrees north latitude, 83.90 degrees east longitude), with a focal depth of 19 kilometers.On April 18, NASA announced that it has begun preparations for the launch of the European Space Agencys Rosalind Franklin Mars rover, scheduled for 2028, using a SpaceX Falcon Heavy rocket. Rosalind Franklin is planned to launch in 2028 to search for signs of past or present life beneath the Martian surface. The ESA is leading the mission, providing the complete spacecraft system, including the launch module, landing platform, and rover, as well as operational support for surface exploration.

BTC Fear & Greed Index Maintains Stability Despite Bitcoin's Return to $16,000

Alina Haynes

Nov 23, 2022 15:16

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Bitcoin (BTC) increased by 2.87 percent on Tuesday, snapping a two-day losing run. The risk of FTX contagion diminished as news updates on FTX assets permeated the crypto news wires. Despite Tuesday's market increase, the Fear & Greed Index remained unchanged at 22/100, with contagion risk remaining a constant concern.

 

Bitcoin (BTC) climbed by 2.87% on Tuesday. BTC closed the day at $16,215, partially correcting Monday's 3.15% decline. Notably, Bitcoin dipped below $16,000 for the second session in a row.

 

BTC fell to a midmorning low of $15,616 after a mixed start to the day. BTC reached a high of $16,294 in early afternoon trading, avoiding the First Major Support Level (S1) around $15,400. BTC surpassed the First Major Resistance Level (R1) at $16,218 before retracing its gains to below $16,050. BTC retested R1 after finding late support, before retreating.

 

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The prospect of FTX contagion continued to dampen investor sentiment on Tuesday after Genesis issued a bankruptcy notice.

 

Nonetheless, market conditions improved by late morning. FTX's $1.24 billion in cash reserves and news of Tron CEO Justin Sun and Ripple CEO Brad Garlinghouse eyeing FTX assets alleviated investor anxiety.

 

The cash reserves and asset sales should mitigate the losses of the top 50 creditors, who are exposed to FTX by $3.1 billion.

 

Nonetheless, notwithstanding the announcement, FTX contagion continues to pose a persistent risk to the broader market. Tuesday, the judge overseeing the FTX bankruptcy proceedings authorized the redaction of client names. The omission may leave investors confused about potential FTX-linked platforms that may have liquidity concerns.

 

On Tuesday, the NASDAQ Composite Index also found support. Demand for risky assets increased as fears of a holiday spending slump subsided. The NASDAQ gained 1.36 percent. This morning, though, the NASDAQ mini was down 23.5 points.

 

Later on today, the US Jobless claims, private sector PMIs, consumer sentiment, core durable goods, and FOMC meeting minutes will garner attention. The statistics and minutes will provide guidance for the cryptocurrency market.