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On September 13th, OpenAI founder Altman stated that OpenAI will not go public this year, as the company still has a significant amount of security work to complete. This statement comes against the backdrop of escalating concerns about a potential "doomsday scenario" triggered by the resignation of an Anthropic employee and their stern warnings regarding the capabilities of artificial intelligence. Altman said, "Now is not the right time to go public. I dont think it will be 2026. We have a lot of work to do." The market had initially expected both OpenAI and Anthropic to potentially conduct unprecedented IPOs this year. Altmans statement places more pressure on Anthropic CEO Dario Amodei regarding the IPO decision, especially after Amodei warned on Saturday that the development of artificial intelligence needs to slow down.OpenAI founder Altman: Given that OpenAI still has a lot of security work to do, the company will not go public this year.Canadian Prime Minister Mark Carney will meet for the first time with newly appointed British Prime Minister Andy Burnham in Liverpool, England, on September 13. The Prime Ministers Office said in a statement on Saturday that Carney will visit Strasbourg, France, and Liverpool, England, from September 15 to 17, during which time he will meet with Burnham, who took office as Prime Minister in July. The two leaders are expected to discuss defense and security, energy, artificial intelligence, and key minerals. Carneys meeting with Burnham comes at a time when the EU and Canada are seeking to establish a "comprehensive new relationship" covering trade and security. The two sides are drafting a comprehensive agreement, which is putting increasing pressure on Burnham, who has been seeking to strengthen ties with the EU.On September 13, Yemens Houthi spokesman Yahya Sarreya issued a statement on social media on the evening of September 12, local time, stating that Saudi warplanes had launched 129 airstrikes against Yemens Taiz, Marib, Hodeidah, Jawf, Saada, Amran, and Hajj provinces in the past 48 hours. The statement said the airstrikes were carried out by F-15 and Typhoon fighter jets, which took off from Saudi military bases in Khamis Mushait and Taif. Yahya Sarreya stated that the Houthis would "respond and punish" these attacks against the Yemeni people. The situation in Yemen has recently escalated sharply. The Houthis and Saudi Arabia have been exchanging attacks. Within Yemen, the Houthis have intensified their offensive, continuing clashes with the Yemeni government forces and the Saudi-led coalition, and have successively seized strategic locations along the Red Sea coast and the Bab el-Mandeb Strait.Tesla has announced a launch event on October 1st, but has not revealed any specific products.

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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