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On September 17, Russian Foreign Minister Sergey Lavrov stated at a social event that dialogue with the United States has not yielded any substantial results for Russia, and is not expected to. On September 5 and 6, US Presidential Envoy Witkov and Trumps son-in-law Jared Kushner visited Russia and Ukraine respectively, presenting a so-called "peace plan" to mediate the Russia-Ukraine conflict. The Russian and US leaders held a one-hour phone call on September 8, with both sides positively evaluating the results of the US envoys shuttle mediation. However, according to an interview released earlier on September 8, Lavrov revealed that the two core sticking points that have been hindering a complete end to the Russia-Ukraine conflict remain unresolved.On September 17th, the General Office of the State Council issued the "Opinions on Further Strengthening the Safety Supervision of the Entire Chain of Fireworks and Firecrackers," outlining measures to prevent and mitigate major safety risks and effectively curb accidents. The "Opinions" propose a series of specific measures to strengthen the safety supervision of the entire chain of fireworks and firecrackers, including production, storage, operation, transportation, and setting off. In the production stage, strict approval procedures for production enterprise access permits will be enforced, and the control of drugs and semi-finished products used in fireworks and firecrackers production will be strengthened to strictly control safety risks during the production process. The "Opinions" emphasize strengthening the quality and safety supervision of fireworks and firecrackers products, promoting product quality upgrades, conducting product quality supervision and spot checks in accordance with the law, and strictly prohibiting the production and operation of products that do not meet national standards, such as those exceeding drug dosage or specifications. The "Opinions" also emphasize strengthening the implementation and improvement of standards, enhancing the construction of the safety production standard system, leveraging the rigid binding role of mandatory standards, and promoting the comprehensive compliance of equipment and facilities in fireworks and firecracker enterprises. Finally, the "Opinions" stress strict enforcement of safety supervision, strengthening the connection between administrative and criminal law, strengthening in-depth investigation, tracing, and coordination throughout the entire chain, and severely cracking down on illegal activities.Market news: French President Macron will convene a meeting of leaders of political parties at 10:30 a.m. local time on Friday (4:30 p.m. Beijing time).Türkiyes Ministry of Defense condemned the Houthi drone attacks on Saudi Arabia, saying the threat undermines regional stability. The Houthi threat in the Red Sea and the Bab el-Mandeb Strait is harming global maritime trade.On September 17th, at the "2026 National Cybersecurity Awareness Week - Electronic Product Information Erasure Sub-Forum" held in Jinan, Shandong on September 15th, three cybersecurity standard practice guidelines—the "Technical Guidelines for Erasing Semiconductor Storage Media Blocks," the "Management Guidelines for Information Erasure in the Electronic Product Recycling Process," and the "Technical Guidelines for Information Erasure in Mobile Smart Terminals"—were officially released to the public. These guidelines were developed to support the implementation of the mandatory national standard GB 46864-2025 "Data Security Technology - Technical Requirements for Information Erasure in Electronic Products" and to guide and standardize electronic product information erasure activities. Under the guidance of the Cyberspace Administration of China, the Ministry of Industry and Information Technology, and other departments, the Secretariat of the National Cybersecurity Standardization Technical Committee organized more than 30 memory chip manufacturers, electronic product manufacturers, recycling operators, and third-party organizations to compile these three cybersecurity standard practice guidelines.

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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