EUR/USD 1.15987
-0.078%
Gold 4581.86
-0.741%
Oil 59.259
0.228%
USD/JPY 158.072
-0.341%
GBP/USD 1.33795
-0.019%
GBP/JPY 211.500
-0.349%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 17th, it was reported that the United States is about to formally withdraw from the World Health Organization (WHO), but has yet to pay its outstanding dues. On the 16th local time, WHO spokesperson Lindmeier stated that the US has the right to withdraw from the organization, but only if it pays its outstanding dues. Lindmeier stated that this matter is on the agenda of the upcoming WHO Executive Board meeting, and the WHO Secretariat will take appropriate action based on the Executive Boards recommendations. Lindmeier stated that the US has not yet paid its dues for 2024 and 2025. According to the WHO budget, the total amount of dues owed by the US for 2024 and 2025 is approximately $260 million. US President Trump signed an executive order on January 20th last year announcing the US withdrawal from the WHO. According to the WHO charter, a member state can only formally withdraw one year after submitting a withdrawal application.On January 17, a U.S. federal judge issued a restrictive order on the actions of U.S. Immigration and Customs Enforcement (ICE) in Minneapolis, Minnesota, after protesters accused the agency of widespread abuse of force and violations of constitutional rights. U.S. District Judge Kathleen issued a temporary restraining order restricting ICE personnel from deploying chemical irritants into crowds and explicitly prohibiting retaliatory action by law enforcement officers against protesters exercising their freedom of speech.1. According to the Financial Times: Nvidia suppliers have suspended production of key components for the H200 chip. 2. Nvidia corrected errors in its technical paper, significantly reducing its copper usage in data centers. 3. The Ministry of Commerce confirmed that Canada will reduce tariffs on Chinese electric vehicles within the quota to 6.1%, and will no longer impose a 100% surcharge. 4. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 5. Under the pressure of rising storage prices, Xiaomi, OPPO, vivo, and Transsion have reportedly lowered their 2026 full-year smartphone shipment forecasts. 6. WeRides global Robotaxi fleet has exceeded 1,000 vehicles, achieving fully unmanned operation in Guangzhou and Beijing. 7. my countrys research on liquid metal flexible electronics manufacturing has made progress, showing application prospects in aerospace intelligent systems and other fields. 8. The static ignition test of the Long March 12B carrier rocket was a complete success: reusable, with a 20-ton-class low-Earth orbit carrying capacity. 9. According to sources, Ford Motor Company is in talks with BYD to supply batteries for its overseas factories hybrid vehicles. 10. The US government is pushing tech giants to pay for electricity used by AI, allowing tech companies to bid for 15-year power generation contracts for new power plants.1. Russia claims all foreign troops within Ukraine are considered legitimate targets. 2. Zelensky: Ukraines air defense missile stockpile is critically low. 3. Zelensky: The Ukrainian delegation will meet with US representatives in the US soon. 4. Ukraine and the US will hold a new round of talks in Miami this weekend. 5. Zelensky: If an agreement is reached, the documents can be signed in Davos. 6. French President Macron calls for an increase of €36 billion in military spending by 2030. 7. Kremlin: Russia is in dialogue with the US, but not with Europeans. Russia is looking forward to Kushner and Witkov visiting Moscow, but a specific date has not yet been set.January 17th - On January 16th local time, the United States is accelerating the expansion of Chevrons oil production license in Venezuela. U.S. Energy Secretary Chris Wright stated that the U.S. is completing the relevant authorization "as quickly as possible." Wright said that under the proposed new licensing arrangement, Chevron will be allowed to pay the Venezuelan government in cash, instead of paying with crude oil in kind. This adjustment will allow Chevron to sell all of its crude oil production in Venezuela. Analysts point out that expanding the license will significantly improve Chevrons commercial flexibility in Venezuela and also reflects the latest policy direction of the U.S. on Venezuelan energy issues.

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.

Suggestion