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August 29th - According to the Russian government, the export ban on diesel, marine fuel, and crude diesel oil from producers in Russia has been extended to September 30th. The original export restrictions on diesel, marine fuel, and crude diesel oil from producers were valid until August 31st. The Russian government stated that this decision was made to maintain stability in the domestic fuel market.August 29th - According to data from Lighthouse Pro, as of August 29th, the total box office for 2026 (including pre-sales) has exceeded 28 billion yuan. "Pegasus 3", "Kung Fu Womens Soccer", "A Letter to Grandma", "Welcome to Dragon Restaurant", and "The Eight Immortals" are currently ranked among the top five films in the annual box office.On August 29th, US media reported that the US military plans to discipline the sailor who jumped overboard from the USS Lincoln aircraft carrier earlier this month, citing "self-harm" and "absconding." According to a recent report by MSNow, the 19-year-old sailor jumped overboard from the USS Lincoln on August 3rd and was rescued about an hour later. Currently, the military is charging him with violating military regulations by "intentionally feigning illness or self-harm to evade work, duties, or military service," and by leaving his post without authorization. The USS Lincoln began its planned deployment last November and was transferred to the Middle East in January of this year; it has now departed for its return to the United States. The New York Times reported that during its 272-day deployment, except for brief resupply stops in Guam and Oman, the USS Lincoln spent most of its time on operational duty at sea. Due to lack of rest and poor living conditions, the morale of the approximately 5,000 sailors on board was low, and several had suffered mental breakdowns and attempted suicide by jumping overboard.According to RIA Novosti: Russian President Vladimir Putin met with Belarusian President Alexander Lukashenko.Italian oil company Eni: is cooperating with Venezuela and other authorities on energy “revival”.

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.