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On April 17th, SenseTime (00020.HK) announced that on April 16th, 2026, the company entered into a placing agreement with a placing agent, under which the placing agent conditionally agreed to use its best efforts to procure at least six placees to subscribe for 1.7 billion placing shares at a placing price of HK$1.91 per placing share (a discount of approximately 8.6% to the latest closing price). The gross proceeds and net proceeds from the placing are expected to be approximately HK$3.247 billion and HK$3.23 billion, respectively. The placing will provide the company with further financial resources to continue investing in these areas and support the Groups general working capital needs.The China Earthquake Networks Center officially determined that a 4.4-magnitude earthquake occurred in Zizhong County, Neijiang City, Sichuan Province at 06:22 on April 17, with a focal depth of 7 kilometers.Australian Prime Minister Albanese: Viva Energy’s Geelong refinery is still operating at 80% capacity for diesel and jet fuel production following the fire.1. Ukraine reports attacks on energy infrastructure, causing power outages in multiple areas. 2. TASS reports that Russia claims an oil tanker was attacked in its waters. 3. Ukrainian media reports that in a recent airstrike, a Russian drone dropped anti-Trump leaflets into Ukraine. 4. Ukraines Minister of Infrastructure reports that Russia has launched over 600 attacks on Ukrainian railway logistics this year, including 65 in April. 5. A Ukrainian drone commander reports that the Ukrainian military attacked Russian oil facilities in Crimea and port infrastructure in Tuapse. 6. A local governor stated that a Russian drone struck a civilian vessel flying the Nauru flag in the Odessa region of Ukraine, but the vessel continued on its original course. 7. The Russian Ministry of Defense reports that in the past 24 hours, the Russian military launched a large-scale attack using land-based, air-based, and sea-based long-range high-precision weapons and attack drones against Ukrainian defense industrial complex facilities used for the production of cruise missiles and medium-to-long-range drones, as well as fuel and energy complex facilities serving the Ukrainian military.According to SEC filings, Netflixs co-CEOs will receive a total compensation of $53.2 million in 2025.

Crypto Cloud Storage STORJ Leads Rally by 55% As ETH, BTC Consolidate

Jimmy Khan

Jun 24, 2022 14:48

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The top cryptocurrencies were anticipated to be driving the rise when the cryptocurrency market passed the $900 billion threshold today.


Storj managed to seize dominance, overtaking every other significant cryptocurrency with its ascent despite the fact that it turned out to be a relatively unknown coin.

Storj?

Indeed, Storj. The asset is, as it sounds, the native token of a cloud storage platform supported by cryptocurrencies, which until today was merely another coin.


However, the altcoin's one-day increase of 55.08 percent succeeded to place it on the map both literally and figuratively, as it joined the top 100 cryptocurrencies list.


Due to the price increase, the asset's market value increased by approximately $100 million during the course of the previous day. This increased the asset's overall growth over the preceding nine days to a total of 156.7 percent.


More than half of the losses that the cryptocurrency sustained during the May 65 percent fall were also nullified by this rebound in addition to the losses registered by the altcoin this month during the June 9 crash.


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The green candle, which closed above both the 100-day SMA and the 50-day Simple Moving Average (red line), insured that the gain was sustained (blue line). The 200-day SMA (purple line), which would effectively transform this into a bullish run, is also getting closer.


Additionally, after more than two months, the Awesome Oscillator switched the active trend's direction from bearish to bullish, with the green bars climbing above the neutral.


Now, it has to be seen if the asset will be able to sustain this growth moving forward or if it will just be another one-day wonder.

Ethereum and Bitcoin Take a Break

The king currencies have been moving slowly, essentially not at all, as the altcoins have taken the lead.

BTC has made little progress at all during the past week, hovering around the $20k to $21k level, whereas ETH recently broke the $1.1k threshold.


However, Bitcoin's recovery has been so sluggish that the king currency has not yet reached the upswing stage that every other altcoin is presently in.


Additionally, the Relative Strength Index (RSI), which has been signaling a trend reversal for more than two months, shows that BTC is still trapped in the negative zone.


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