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On July 25th, Meta Platforms (META.O) announced it is adding new intelligent agent-like capabilities to its AI assistant, powered by its latest model, Muse Spark 1.1. The company stated that Meta AI can now access Google Calendar and Gmail and perform tasks such as creating daily updates, assisting with research, and helping with home remodeling projects. This effort is part of CEO Mark Zuckerbergs vision of "personal superintelligence." However, Metas AI software capabilities currently lag behind its competitors. Intelligent agents from companies like OpenAI, Anthropic, and Google have an advantage in handling a wider range of tasks and operating autonomously for longer periods. Zuckerberg also launched an AI optimism campaign this week to promote Metas AI vision.SpaceX (SPCX.O) shares are poised to fall to their lowest closing price since their IPO, currently down about 4.5% at $113.On July 25, Wang Yi stated that President Rahmons successful state visit to China in May, during which President Xi Jinping and President Rahmon made new strategic plans for the development of China-Tajikistan relations, was a significant achievement. The most important outcome of the visit was the signing of the Treaty of Permanent Good-Neighborliness, Friendship and Cooperation between China and Tajikistan, setting a precedent in Central Asia. The two sides also issued a Joint Statement on Deepening the Comprehensive Strategic Cooperative Partnership for a New Era between the Peoples Republic of China and the Republic of Tajikistan, declaring their determination to jointly promote the building of a China-Tajikistan community with a shared future. The common task of the two foreign ministries is to translate the consensus reached by the two heads of state into concrete actions, plan exchanges at all levels, and promote deeper and more practical cooperation in areas such as energy, connectivity, and counter-terrorism and security, so as to bring more cooperative results to the benefit of the people of both countries.July 25th - US President Trump: The EU is back again, and as usual, targeting great American companies directly! After arbitrarily fining Apple $15 billion, Meta $3 billion, Amazon $2.5 billion, and many other companies, we have just learned that Google—a truly advanced and amazing company—has been fined another $1 billion without explanation. This brings Googles total fines to over $18 billion! This illegal and highly discriminatory practice reached such a high level during the first year of the "Sleepy Joe" (Biden) administration, but it will not continue under the Trump administration. America is not Europes ATM, and we will not allow it to be! Therefore, we will immediately launch a Section 301 investigation into this "plundering" of American businesses and harming American taxpayers. The EU will pay a very high price for this illegal and highly unethical behavior, which is exactly what I have been warning them against. These fines will be completely rescinded, and we expect to impose high tariffs on them as soon as possible.The Federal Reserve accepted a total of $675 million from two counterparties in its fixed-rate reverse repurchase operations.

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.