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On August 12th, it was learned from the Henan Provincial Development and Reform Commission that, with the approval of the provincial government, the commission recently issued the "List of Key Investment Areas for Henan Provincial Government Investment Funds," clarifying the key investment directions of government investment funds and covering 78 sub-sectors across four major sectors: emerging pillar industries, future industries, traditional advantageous industries, and modern service industries. Among these, future industries include six areas: artificial intelligence and embody intelligence, hydrogen energy, biomanufacturing, quantum technology, next-generation information networks, and brain-like intelligence and brain-computer interfaces. The focus is on cutting-edge areas such as humanoid robots, general-purpose large-scale models, hydrogen energy full-chain technology, bio-breeding, quantum computing, and 6G mobile communication.On August 12th, Alibaba Clouds Lingjun Zhenwu M890 supernode instance officially launched, with the first batch available for sale in the Ulanqab region. This is also the first supernode computing power in China to successfully run a large model with over 2 trillion parameters. Kimi K3 and Qwen3.8 Max are already providing services through this instance. It is reported that the Lingjun Zhenwu M890 supernode instance supports FP8/FP4 low-precision computing. Through the ICN Switch 1.0 chip scale-up interconnect, the interconnect scale has been increased from 16 cards to 64 cards, and the inter-card interconnect speed has been improved to 800GB/s. In training scenarios such as intelligent driving and embodied intelligence, the training performance is three times better than the previous generation Zhenwu 810E.On August 12th, Anthropic announced that it had signed Article 50 of the EUs Artificial Intelligence Act regarding transparency in AI-generated content. Starting August 2nd, the Claude model will embed invisible watermarks in generated text, and digitally signed metadata will be attached to images and other documents for traceability. Anthropic stated that the tagging mechanism will cover all major Claude products and access channels, including the Claude Platform (API), Claude, Claude Code, Claude Cowork, and Claude Tag, and will also apply to cloud partners accessing the platform through AWS, Google Cloud, and Microsoft Foundry. Furthermore, the tagging mechanism will be applicable globally, covering all Claude product lines and partner cloud platforms, not just within the EU.August 12th - According to Google I/O Shanghai, the Google Gemma 4 model has surpassed 300 million downloads. Released in April this year, Googles Gemma 4 series of models is designed specifically for advanced reasoning and agentic workflows.August 12 – “This year marks the start of the nation’s 15th Five-Year Plan. The development of the Guangdong-Hong Kong-Macao Greater Bay Area is a crucial entry point for Hong Kong to integrate into and serve the overall development of the nation. The Hong Kong SAR government will continue to leverage Hong Kong’s advantages in connecting domestic and international markets under the ‘One Country, Two Systems’ framework, actively serving the high-quality development of the Greater Bay Area, supporting enterprises from mainland cities and other provinces and municipalities in the Greater Bay Area to ‘go global,’ and simultaneously attracting international high-end talent and capital to ‘come in,’ injecting momentum into development,” said Hong Kong Chief Executive John Lee on August 11. The public consultation on Hong Kong’s first five-year plan will conclude on August 14, with specific details planned for release next month. Lee stated that Hong Kong is proactively aligning with national development strategies, outlining its vision and goals for the next five years from a macro and forward-looking perspective, seizing the enormous opportunities brought by the nation’s 15th Five-Year Plan, and promoting Hong Kong’s better integration into and service to the overall development of the nation.

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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