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June 21 – According to the Ministry of Emergency Management, Guizhou, Hubei, Hunan, and Anhui provinces face a high risk of flooding and disasters due to heavy rains over the next three days. Strengthened precautions are needed against flash floods, geological disasters, small and medium-sized river floods, and urban waterlogging that may be triggered by continuous heavy rainfall. On June 21, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management organized a joint consultation meeting with the China Meteorological Administration, the Ministry of Water Resources, the Ministry of Natural Resources, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, and other departments to assess recent rainfall trends and the flood situation, and to plan and deploy flood prevention work in key areas. The meeting emphasized the need to strengthen the linkage between monitoring, forecasting, and early warning response; to increase the frequency of monitoring, provide rolling forecasts, and issue early warnings; to move the work focus forward; to promptly activate and adjust emergency responses; and to take decisive and rigid measures such as shutdowns and control measures as needed.A spokesperson for the Qatari Ministry of Foreign Affairs stated that a technical and expert group has been established to discuss the terms of the final agreement between the United States and Iran, and a follow-up group has been formed to implement the memorandum of understanding until the final agreement is reached.According to Irans Tasnim News Agency, sources close to the negotiating team said that the Strait of Hormuz will not reopen as long as the ceasefire agreement in Lebanon is not observed and the exemption for Iranian oil sales is not approved.June 21st - Xiaomi Auto has launched a new car purchase incentive program. On June 20th, several frontline sales personnel at Xiaomi Auto revealed that their stores recently introduced an employee discount policy, allowing ordinary consumers to enjoy a 10,000 yuan discount when purchasing certain in-stock vehicles through internal employee channels. "Currently, the SU7 Pro, YU7 Long Range, Pro, and Max versions are all available, but youll need to find a source." For example, a brand-new YU7 Long Range version shown on the official app, after selecting options such as a zero-gravity drivers seat and gold-plated paint, has a final price of 260,500 yuan. However, purchasing through their internal channels will only cost 250,500 yuan, a 10,000 yuan discount.June 21 - According to the website of the China Maritime Safety Administration, the Ningbo Maritime Safety Administration issued a navigation warning that live-fire exercises will be conducted in parts of the East China Sea from 6:00 AM to 2:00 AM daily from June 22 to 24. Entry is prohibited.

DOGE Aims for $0.070 as Fed Fear Fades, as SHIB Advances

Daniel Rogers

Oct 27, 2022 15:25

截屏2022-10-27 下午3.14.38.png

 

Following a breakout session on Tuesday, DOGE and SHIB are rising this morning. Adoption and the acquisition of Twitter remain tailwinds. On Tuesday, dogecoin (DOGE) gained 6.04 percent. DOGE concluded the day at $0.06306, reversing a drop of 1.53% from Monday. Notably, this is the first time since October 6 that DOGE has reached $0.064 per coin.

 

Due to a mixed start to the day, DOGE dropped to a low of $0.05916. DOGE rocketed to a late-afternoon high of $0.06430 despite avoiding the First Major Support Level (S1) at $0.0585. DOGE surpassed the Major Resistance Levels before sliding through the Third Major Resistance Level (R3) at $0.0642 and closing the day below $0.0540.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, Shiba inu coin (SHIB) appreciated by 2.82%. SHIB concluded the day at $0.00001021 after reversing a Monday loss of 2.36% Notably, SHIB reached the level of $0.00001040 for the first time since October 18.

 

After a volatile morning, SHIB dropped to a low of $0.00000982 by midday. SHIB rebounded to a late-afternoon high despite avoiding the First Major Support Level (S1) at $0.00000979. SHIB surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2) at $0.00001014 and $0.00001034, respectively. However, a negative session close caused SHIB to plummet below R2 and close the day at $0.00001021 per share.

 

There were no network changes to affect, leaving the pair subject to the crypto market as a whole. The change in mood towards Fed monetary policy led to a bullish trading day. The breakout was precipitated by dwindling expectations for a 75-basis-point Fed rate hike in December. However, Twitter (TWTR) acquisition updates continue to pique attention.

 

This week, DOGE rose due to rumors that Twitter is building a crypto wallet. Cryptocurrency adoption remains an important factor for investors to consider. Investors also anticipate that Elon Musk will promote crypto usage if the transaction goes through.

 

Wednesday's strong start was bolstered this morning by a further improvement in market risk appetite.


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