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On May 23, it was learned from the National Bureau of Data Science and Technology that the "Data Elements ×" initiative is accelerating the construction and operation of data infrastructure. The National Bureau of Data Science and Technology has conducted two rounds of pilot projects for data infrastructure construction, promoting the application and dynamic optimization of six technical routes, including privacy-preserving computing, blockchain, trusted data space, data fields, data networks, and data elements. Based on this, it has also incorporated cutting-edge technologies such as data weaving, data grids, and ontology. Currently, the two pilot projects cover 15 industries and 43 cities, collaborating with 19,000 ecosystem entities, launching 38,000 data products, and implementing over 270 application scenarios, promoting the release of data value on a larger scale and at a deeper level. Liu Liehong, Director of the National Bureau of Data Science and Technology, stated that this years "Data Elements ×" competition has added a "Data Infrastructure Track," hoping to strengthen the coupling between data infrastructure and application scenarios through "promoting application through competition and combining construction with application," and promoting the dynamic optimization and upgrading of technical routes and the verification of standards.Iranian Defense Ministry spokesman: Unless US President Trump accepts the demands of the Iranian people and respects Irans rights, he will face further setbacks.On May 23, Minister of Commerce Wang Wentao met with Malaysian Minister of Investment, Trade and Industry Johari in Suzhou on May 21. Johari was in China to attend the APEC Trade Ministers Meeting. The two sides exchanged views on deepening China-Malaysia economic and trade relations. Wang Wentao pointed out that China is willing to work with Malaysia to implement the "China-Malaysia Five-Year Plan for Economic and Trade Cooperation (2024-2028)," welcomes Malaysias active participation in the China International Import Expo and other exhibitions and the "Sharing the Big Market, Exporting to China" series of activities, and hopes that Malaysia will create a favorable environment for Chinese enterprises to invest in Malaysia. China is willing to further strengthen coordination and cooperation with Malaysia in regional and multilateral fields. Johari expressed his expectation that both sides will further deepen cooperation in traditional areas such as trade and investment, actively expand cooperation in emerging fields such as advanced manufacturing, and welcome more Chinese enterprises to invest and do business in Malaysia.According to Israels Channel 12: Security agencies are preparing for a possible decision by Trump to take military action against Iran in the coming days.According to Israels Channel 12: Israel is closely monitoring the draft agreement between the United States and Iran, fearing that Tehran may receive sanctions relief without resolving the nuclear issue.

An ETH Return to $1,350 Would Signal a Breakout Afternoon Session

Lorna Divakar

Sep 27, 2022 16:19

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Bitcoin (BTC) decreased by 0.62% on Sunday. BTC lost 1.89% on Saturday before dropping 3.10% at the end of the week to $18,817.


BTC reached a morning high of $19,188 after a positive start to the day. BTC fell to a late low of $18,646 after failing to pass the First Major Resistance Level (R1) at $19,226. At $18,733, BTC breached the First Major Support Level (S1) before closing the week at $18,817.


On Sunday, Ethereum (ETH) fell by 1.67%. ETH lost 0.75% on Saturday before falling 3.00% for the week to $1,295.


After a bullish morning, ETH increased to a high of $1,337 before going back down. As ETH fell to a late low of $1,269, it fell short of the First Major Resistance Level (R1) at $1,342.


Prior to a partial rebound to $1,295 in price, ETH breached the First Major Support Level (S1) at $1,299 and the Second Major Support Level (S2) at $1,281.


After breaking away from the NASDAQ 100 on Thursday and Friday, investor worries over the weekend led to the market's decline in BTC, ETH, and overall. The expectation of a successful decision in the SEC v. Ripple (XRP) case did not act as a buffer.


The Fed's monetary policy, the economic outlook, and regulatory uncertainty all continue to be obstacles.


The crypto market cap increased by $1.11 billion, or 0.12%, to $887 billion this morning, while the NASDAQ 100 Mini was down 57.75 points.