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May 11 - According to a report by Irans Tasnim News Agency on May 10, citing sources, Iran has requested the U.S. Treasury Departments Office of Foreign Assets Control to lift sanctions related to Iranian oil sales within 30 days, in its proposal to the United States.May 11th - According to Irans Tasnim News Agency, an Iranian source stated, "We have just seen the so-called US presidents reaction to Irans response. This is completely irrelevant; no one in Iran will draft a proposal to please Trump. The only thing the negotiating team should develop is a plan that upholds the rights of the Iranian nation. If Trump is not satisfied with this, that would be a better outcome."On May 11, according to Axios, Trump said in a brief phone interview on Sunday that he rejected Irans latest draft agreement to end the war. Trump stated, "I dont like their letter. Their wording is inappropriate. I dont like their response." However, he declined to elaborate on the content of the reply. He said, "Theyve been giving the runaround to many countries for 47 years." Trump indicated that he spoke with Israeli Prime Minister Netanyahu on Sunday, and the two discussed Irans response and other issues. Trump said, "It was a very pleasant call. We have a very good relationship." However, he added that the Iran negotiations "are my business, not anyone elses business." In this brief interview, Trump did not specify whether he intended to continue negotiations or whether he might turn to military action.US President Trump: We have just successfully secured the release of three Poles and two Moldovans who were previously detained in Belarusian and Russian detention centers.According to Irans Tasnim News Agency, citing sources, Irans response emphasized that the naval blockade against Iran must be ended immediately after the signing of the preliminary agreement.

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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