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Iranian Foreign Minister: A productive phone call was held with the Omani Foreign Minister, reiterating that Iran and Oman will engage in dialogue "to determine the future administration and maritime services of the Strait of Hormuz".On June 25, a federal judge in the Boston area blocked President Trumps executive order aimed at tightening mail-in voting rules, preventing it from taking effect before the November election that will determine control of Congress. U.S. District Judge Indira Talwani supported the argument of a Democratic-led coalition of states that Trump was attempting to illegally interfere with states administration of federal elections. The judge pointed out that the president has no authority to compile voter lists for each state, and the U.S. Postal Service has no legal authorization to set binding mail-in voting rules. Under the U.S. Constitution, the responsibility for administering federal elections rests with the states.Both WTI and Brent crude oil rose by $0.40 in the short term, currently trading at $71.87/barrel and $74.79/barrel respectively, with intraday gains of 2.0% and 1.83% respectively.Crude oil futures contract 2608 rose during the session, with gains widening to 1.88%, and last quoted at 476.8 yuan/barrel; the trading volume was approximately 11.722 billion yuan, with nearly 400 lots of open interest decreasing during the day, showing a trend of rising prices with reduced open interest.The UKs Office for Maritime Trade Operations reports that a cargo ship was attacked by unidentified munitions near Oman. The captain reports no casualties and no environmental impact.

Crypto Market Daily Highlights – BNB Leads Bullish Top Ten Session

Skylar Shaw

Nov 24, 2022 15:37

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The top ten cryptos had a positive Wednesday session. BNB took the initiative, with ETH and DOGE following. For the first time in three sessions, BTC avoided trading below $16,000.


The market's attention was still on the FTX contagion risk, which was still declining by mid-week. On Wednesday, the market's response to news that FTX had $1.24 billion in cash and that investors were interested in its assets provided more support.


Sam Bankman-Fried, the former CEO of FTX, was again in the news on Wednesday. In a letter to staff, the former CEO expressed hope for rescuing the company, which made headlines. Bankman-Fried concluded the letter by adding, "Perhaps there still remains a chance to preserve the company. I think there are many billions of dollars in sincere interest from new investors that could be used to compensate customers. But since I have no control over it, I can't guarantee you anything.


The positive outcome happened despite pleas from MPs for FTX to be looked into and for further regulatory control.


The NASDAQ Composite Index increased by 0.99%, signaling that the US equity markets likewise had a positive session. The minutes of the FOMC meeting provided encouragement, with the Fed indicating a change in monetary policy.


The US economic data underwhelmed, though, restricting the NASDAQ's potential growth. Since the US markets are closed for Thanksgiving, there are no US statistics to take into account today.