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On April 9th, the General Office of the State Council issued "Several Measures on Accelerating the Construction of a Hierarchical Medical System." The measures propose accelerating the improvement of support policies for the development of closely integrated medical consortia, implementing fiscal subsidy policies as stipulated, and optimizing the salary system. They also call for improving differentiated payment policies for basic medical insurance, appropriately widening the reimbursement levels for inpatient care at different levels of medical and health institutions according to local conditions. Furthermore, they aim to rationally determine payment coefficients for different levels and types of medical and health institutions, increasing support for primary care. The measures also include implementing policies on general consultation fees for primary care institutions, accelerating the standardization of the scope of diseases covered at the primary care level at the provincial level, and implementing "same disease, same payment" for primary care diseases across different levels of medical and health institutions within the same region. Finally, the measures aim to enhance public awareness and acceptance of hierarchical medical services and establish a standardized and orderly approach to medical treatment.On April 9th, the General Office of the State Council issued "Several Measures on Accelerating the Construction of a Hierarchical Medical System," proposing 13 targeted measures in four aspects. These include: 1. Improving the collaborative mechanism of hierarchical medical services by leveraging closely integrated medical alliances; 2. Guiding the public to seek initial treatment at primary care facilities, focusing on common and chronic diseases; 3. Strengthening referral service management with the aim of improving the continuity of medical care; and 4. Improving diversified support measures for hierarchical medical services.According to CNBC, Meta Platforms (META.O) has pledged an additional $21 billion investment in CoreWeave.Shipping data shows that in the past 24 hours, one oil product carrier passed through the Strait of Hormuz; two oil tankers flying the Iranian flag passed through the Strait of Hormuz; and five bulk carriers passed through the Strait of Hormuz.European Commission Vice-President Šefčovič will visit the United States in late April.

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.

 

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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.