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The yield on Japans 40-year government bonds fell 4.5 basis points to 3.610%.Hong Kong stocks saw the Hang Seng Index rise over 1% in the afternoon, while the Hang Seng Tech Index gained nearly 2%. Baidu (09888.HK) surged over 8%, Horizon Robotics (09660.HK) jumped over 5.5%, CNOOC (00883.HK) and SMIC (00981.HK) both rose over 4%, and PetroChina (00857.HK), Zijin Mining (02899.HK), and Geely Automobile (00175.HK) all climbed over 3%.On December 30th, He Xiaopeng, Chairman of XPeng Motors, posted on Weibo that he recently spent four hours test-driving Teslas FSD V14.2 in the United States. In short, if FSD was only a "good L2 assisted driving" in 2024, the latest version shows that L4 autonomous driving is just around the corner. "What impressed me most was Teslas mass-produced vehicles and the Robotaxi currently in trial operation, all achieved with a single set of autonomous driving software! This is precisely the trend I saw when XPeng switched to VLA2.0. I believe that in 2026, whether in the US or China, the next generation of truly fully autonomous driving will arrive, directly from L2 to L4 (L3 has been skipped). In other words, XPengs Ultra version will achieve fully next-generation autonomous driving, also using the same model for Robotaxi," He Xiaopeng wrote.On December 30, 2025, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, stated at the 2025 International Situation and Chinas Diplomacy Symposium that the China-US relationship is one of the most important bilateral relationships in the world today. The strategic choices of both China and the US influence the direction of world history. Over the past year, we have adhered to viewing and handling our relations with the US from the perspective of our own overall and long-term interests and those of the world. We have maintained a firm and clear stance on major principled issues, and have been resolute and uncompromising on issues involving Chinas core interests. At the same time, we have engaged in dialogue and cooperation with the US, urging the US to view China rationally and objectively, and to resolve differences through consultation and dialogue. Wang Yi said that the practice of the development of China-US relations over the past year shows that mutual respect, peaceful coexistence, and win-win cooperation are key to the stable development of China-US relations and their benefit to the world. Cooperation between China and the US benefits both sides, while confrontation harms both. A condescending attitude is not a viable path, and inconsistency between words and deeds is unacceptable. China and the US must find ways to resolve their respective concerns on the basis of equality, respect, and mutual benefit, and explore the correct way for two major powers to coexist.On December 30, 2025, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, stated at the 2025 International Situation and Chinas Diplomacy Symposium that the Taiwan issue is Chinas internal affair and is the core of Chinas core interests. Regarding the continuous provocations by "Taiwan independence" forces and the large-scale arms sales to Taiwan by the United States, we must resolutely oppose and forcefully counter them. This year marks the 80th anniversary of Taiwans return to the motherland. Achieving the complete reunification of the motherland is a historical mission we must fulfill, as it involves safeguarding national sovereignty and territorial integrity in accordance with the law. We have seen more and more countries standing with China, not only reaffirming their adherence to the one-China principle and recognizing Taiwan as Chinese territory, but also explicitly opposing all "Taiwan independence" separatist activities and supporting Chinas reunification cause. Any attempt to obstruct this historical trend will inevitably end in failure.

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.