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On March 5th, at the first "Ministerial Corridor" press conference of the Fourth Session of the 14th National Peoples Congress, Minister of Industry and Information Technology Li Lecheng stated that in 2026, the Ministry of Industry and Information Technology will, in accordance with the requirements of the Government Work Report, vigorously promote the two-way development of artificial intelligence (AI) and manufacturing. my country boasts a complete range of industries, a large pool of innovative talent, and a continuously improving innovation ecosystem. We are confident and firmly believe that more world-class intelligent products will be produced on this fertile land. We will strive to promote AI computers, AI mobile phones, and smart homes to better meet the peoples needs for a better life. We will fully promote the research and development and iterative updates of next-generation artificial intelligence products, including brain-computer interfaces, autonomous vehicles, and robots, driving technological breakthroughs and iterations. We will vigorously support the development of intelligent agricultural machinery and intelligent medical devices, enabling more intelligent products to meet the needs of various industries and fields.March 5th - At the first "Ministerial Corridor" press conference of the Fourth Session of the 14th National Peoples Congress on March 5th, Zhang Yuzhuo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, stated that during the "14th Five-Year Plan" period, the total assets of central enterprises successively reached 70 trillion, 80 trillion, and 90 trillion yuan. Profit levels over these five years increased by 56.2% compared to the previous five years, and overall labor productivity grew at an average annual rate of 7%.According to the Wall Street Journal, Canadian Prime Minister Mark Carney stated that the possibility of Canadian military involvement in the escalating conflict in the Middle East cannot be ruled out. "We have not participated in those US-Israeli operations. But we will always protect Canadians."March 5th - Li Lecheng, Minister of Industry and Information Technology: Regarding the next stage of artificial intelligence development, we will continue to do relevant work in 2026. Here, I would like to emphasize that in the development of the artificial intelligence industry, we must coordinate development and security, adhere to the principle that artificial intelligence is for human use, for human service, and for human control, and uphold international cooperation, openness, and sharing in artificial intelligence. We must unite with friends from all over the world to jointly explore and reach a broader consensus on the governance framework and rules for artificial intelligence, so that artificial intelligence can better benefit mankind and become a global public good.According to Iraqi Kurdish media Rudaw, an explosion occurred near Baghdad airport, which houses the "Victoria Base" and was previously used to house US troops.

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.