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On March 3, six departments, including the Ministry of Industry and Information Technology, issued guiding opinions on promoting the comprehensive utilization of photovoltaic modules. The opinions propose supporting enterprises in the photovoltaic module comprehensive utilization industry to actively participate in the application for manufacturing single-item champions, specialized and innovative SMEs, and high-tech enterprises. They also emphasize leveraging the role of national industry-finance cooperation platforms to guide financial institutions to provide credit financing support for green technology transformation and comprehensive utilization projects of waste photovoltaic modules. Furthermore, they advocate expanding diversified financing channels such as equity and debt, encouraging social capital to actively participate in the comprehensive utilization of waste photovoltaic modules, and utilizing relevant special funds to increase support for the research and development of advanced comprehensive utilization technologies and equipment.On March 3, six departments, including the Ministry of Industry and Information Technology, issued guiding opinions on promoting the comprehensive utilization of photovoltaic modules. The opinions propose promoting the integrated development of the entire dismantling and utilization industry chain. They encourage photovoltaic module manufacturers, photovoltaic power plants, and comprehensive utilization enterprises to actively extend the industry chain, integrating processes such as the dismantling of photovoltaic module surface structures, separation of laminated components, and extraction of components, thereby promoting intensive and integrated production processes and facilitating the large-scale development of the industry.On March 3, six departments, including the Ministry of Industry and Information Technology, issued guiding opinions on promoting the comprehensive utilization of photovoltaic modules. The opinions propose promoting the efficient purification of valuable components in photovoltaic modules. Specifically, they encourage the extraction of silver from the metal grid lines of crystalline silicon solar cells, exploring the use of non-acidic or weakly acidic solvents for silver extraction to improve the environmental friendliness of the process. They also call for accelerating research on reagent recycling technologies in acid-based silver extraction processes to improve acid reuse rates. Furthermore, they recommend researching and developing refined purification processes for modules with low silver content. The opinions also encourage the extraction of copper, lead, tin, and other metallic elements from solder strips and busbars, and the graded and differentiated utilization of silicon in photovoltaic modules. Based on the requirements of polysilicon, aluminum-silicon alloy, and organosilicon manufacturers for recycled materials, they suggest using wet and pyrometallurgical processes to improve silicon purity. Finally, they recommend researching low-cost extraction technologies for low-value components such as glass, encapsulant film, and backsheets to improve the comprehensive utilization level of all components in photovoltaic modules.Philippine President Marcos: Once oil prices reach $80 per barrel, there are plans to provide oil subsidies to the transportation and agriculture sectors.Philippine President Marcos: I hope the intensity of fighting in the Middle East will decrease and oil production will begin to return to normal.

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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