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September 10 – The Hong Kong Monetary Authority, Hong Kong Exchanges and Clearing Limited, Dubai Financial Services Authority, and Nasdaq Dubai jointly announced today (September 10) the formation of a strategic working group to strengthen the links between the financial markets of Hong Kong and the Dubai International Financial Centre. The working group, comprised of regulators and exchanges from Hong Kong and the Dubai International Financial Centre, aims to explore opportunities and collaborative measures in areas such as sustainable finance, Islamic finance, innovation, and the development and connectivity of overall capital markets, contributing to the continued growth and enhanced attractiveness of both markets.Bank of America Global Research: Lowered its price target for Apple (AAPL.O) from $380 to $370.On September 10, 2026, Tao Ling, Vice Governor of the Peoples Bank of China, attended the second BRICS Finance Ministers and Central Bank Governors Meeting of the year in Mumbai, India. Participants discussed topics including the global economic situation, international financial governance, the BRICS Contingent Reserve Arrangement, cross-border payments, fintech, and sustainable finance. The meeting reviewed and adopted the "Joint Statement of BRICS Finance Ministers and Central Bank Governors."A senior military advisor to the commander-in-chief of Irans armed forces said that the belligerent behavior of the United States has accelerated the shift of the balance of power eastward.On September 10th, according to AXIOS, a Republican-led Senate subcommittee on disaster management is investigating OpenAIs handling of the July Hugging Face intrusion. This move comes as concerns on Capitol Hill about the existential risks of AI are rapidly escalating, following public warnings from several Anthropic and OpenAI researchers. Missouri Republican Senator Josh Hawley wrote in a letter to OpenAI CEO Sam Altman, "As you know, there is a growing number of AI experts in the public domain warning of the existential risks of AI." He added, "Just this week, three Anthropic researchers publicly stated that there is a greater than 10% probability that AI will kill all of humanity within the next decade." Hawley, chairman of the Senate Homeland Security and Governmental Affairs Committees Subcommittee on Disaster Management, wrote that the investigation is a response to the findings of a recent internal investigation released by OpenAI. The Hugging Face intrusion marked a turning point in AI history, prompting OpenAI to slow down its model releases and pushing the industry to raise alarms about AI-driven cyberattacks.

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.