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According to Afghanistans TOLOnews, local officials say a Pakistani airstrike in Afghanistans Kunar province has killed at least three people.The China Earthquake Networks Center officially reported that a magnitude 3.2 earthquake occurred at 10:59 a.m. on September 21 in Xinghai County, Hainan Prefecture, Qinghai Province (35.36 degrees north latitude, 99.56 degrees east longitude), with a focal depth of 10 kilometers.On September 21, in response to recent reports from quality inspections and media outlets regarding falsified inspection and testing reports in various sectors, the State Administration for Market Regulation (SAMR) launched a comprehensive campaign to rectify and strengthen the supervision of the entire inspection and testing chain, including pre-event, during-event, and post-event procedures. The campaign aims to thoroughly address irregularities in the inspection and testing industry, adhering to a problem-oriented, goal-oriented, and results-oriented approach. It will integrate system building, reform efforts, and innovation, combining immediate rectification with long-term institutional development, and managing both institutions and personnel. While strictly controlling qualification requirements, the campaign will focus on addressing shortcomings in the entire regulatory chain, strengthening the application of smart technologies, and improving collaborative governance mechanisms to continuously enhance regulatory effectiveness.On September 21, it was reported that on September 20, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held a special meeting. The meeting emphasized that state-owned enterprises should focus on key areas and crucial links, striving for "advanced" technologies to continuously improve the innovation, competitiveness, and overall strength of the manufacturing industry. This includes becoming more technologically advanced by systematically undertaking a number of new national major science and technology projects, implementing a number of landmark major science and technology tasks, promoting the construction of a number of pilot-scale experimental platforms, and achieving more advanced and independent technological routes; becoming more technologically advanced in industrial structure by expanding the incremental growth of emerging industries, cultivating future industrial variables, optimizing the existing stock of traditional industries, and continuously moving towards the high end of the industrial chain and value chain; and becoming more technologically advanced in production methods by adhering to the mutual promotion of pollution reduction and carbon reduction with quality and efficiency improvement, and accelerating the formation of an industrial structure and production methods with high technological content, low resource consumption, and minimal environmental pollution.On September 21, the South Korean presidential office, Cheong Wa Dae, announced that South Korean President Lee Jae-myung will visit the United States and Mexico from September 21 to 27 to attend the United Nations General Assembly and hold a summit with Mexican President Jacques Sinbaum. Lee also seeks to meet with leaders of the United States, Australia, and other countries during the UN General Assembly. The potential meeting with US President Trump comes as Seoul and Washington negotiate details of a $350 billion South Korean investment plan in the US under the trade agreement reached between the two countries last year. South Korean officials stated that negotiations are ongoing, although Seoul postponed a planned briefing to the National Assembly last week regarding the plan. At the UN General Assembly, Lee is scheduled to deliver a keynote address on Tuesday, covering topics such as UN reform. He will also meet with UN Secretary-General António Guterres. Lee will arrive in Mexico City on Wednesday and hold a summit with Sinbaum the following day. The presidential office stated that after the summit, the two leaders will hold a joint press conference and witness the signing of a memorandum of understanding.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

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, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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