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According to Irans Tasnim News Agency, Iran claims that a US-launched cruise missile was successfully intercepted and hit by an air defense system in western Iran several hours ago, and the missile has been destroyed.July 20th - According to foreign media reports, Boeing (BA.N) increased production of PAC-3 interceptor guidance heads by 30% last year and plans to achieve a similar increase this year to support the US replenishment of its critical air defense interceptor stockpile. Steve Parker, CEO of Boeing Defense, stated that the company produced 650 guidance heads last year, comparable to the number of PAC-3 missiles Lockheed Martin (LMT.N) plans to produce in 2026. Boeings goal this year is to increase guidance head production to 850 sets. During the Iran-Iraq War, the US and its allies launched thousands of PAC-3 interceptors as Iran launched ballistic missiles at multiple targets in the region. The framework agreement signed this year is expected to boost related production to 2,000 missiles per year by 2030.On July 20, the Jordanian Ministry of Foreign Affairs issued a statement saying that it summoned the Iranian Chargé dAffaires in Amman to deliver a protest note regarding Irans continued attacks on Jordanian territory and the inflammatory and provocative statements made by Iranian official institutions concerning Jordan. A spokesperson for the Jordanian Ministry of Foreign Affairs stated that the Ministry demanded that the Iranian Chargé dAffaires convey a clear message to the Iranian government: an immediate cessation of attacks against Jordan, and an end to unacceptable inflammatory rhetoric.Israel Defense Forces: The Israeli Air Force recently intercepted a drone in the border region between Israel and Syria. The origin of the drone is still under investigation. No air defense sirens were activated.Market news: Aircraft leasing company AerCap is in talks with Boeing (BA.N) to purchase Boeing 787 Dreamliners during the Farnborough Airshow in the UK.

BTC Fear & Greed Index Falls Despite BTC Avoiding Sub-$16,000

Jimmy Khan

Nov 24, 2022 15:40

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Bitcoin (BTC) increased by 2.44% on Wednesday. BTC finished the day at $16,613 after rising by 2.87% on Tuesday. For the first time in three sessions, BTC avoided trading below $16,000.


BTC dropped to a low of $16,168 early in the morning following a mixed day's start. BTC surged to a late high of $16,682, avoiding the First Major Support Level (S1) at $15,791. At $16,469, the First Major Resistance Level (R1) was breached by BTC, which ultimately closed the day at $16,613.


On Wednesday, FTX contagion risk decreased even further, supporting the cryptocurrency market desperately needed. Former FTX CEO Sam Bankman-Fried boosted investor hopes after learning that the company had cash reserves of $1.24 billion.


Bankman-Fried wrote in a letter to the staff, "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 letter came after news that Justin Sun of Tron and Brad Garlinghouse of Ripple were interested in buying FTX assets. Investors are hopeful that the collapse of FTX will have a minimal effect on creditors given the stated cash holding of $1.24 billion.


The FOMC meeting minutes provided more assistance for the cryptocurrency market overnight. Before the holidays, talk of letting up on the gas helped riskier assets, with the NASDAQ Composite Index increasing by 0.99%. 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.


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