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German Foreign Minister Waldfol: We need a majority vote system in foreign policy; when the EU27 as a whole is unwilling or unable to take action, we must also push for smaller groups of EU member states to take the lead.On June 17th, ship tracking data showed that a third oil tanker fully loaded with crude oil had departed Irans Chabahar port, crossing the US-imposed blockade and heading towards Asia. The Suezmax tanker Sonia I departed last night from the port near the Iranian-Pakistani border. The ship has a carrying capacity of approximately 1 million barrels of crude oil. Its draft indicates it is fully loaded, and its destination is Singapore, a common transit point for ships bound for Asian markets. Sonia Is departure follows the departure of the Very Large Crude Carriers Hero II and Diona, both carrying approximately 2 million barrels of Iranian crude oil. Their specific destinations were not indicated, but both are heading towards southern India, a regular route to the Strait of Malacca near Singapore. Iranian media reported on Tuesday that the US blockade of Iranian ports, which began in mid-April, is in the process of being lifted.On June 17, Xi Jinping, General Secretary of the CPC Central Committee, President of the Peoples Republic of China, and Chairman of the Central Military Commission, issued important instructions on normalizing East-West cooperation. Xi Jinping emphasized that this year marks the start of the 15th Five-Year Plan and the first year of normalized assistance. He stressed the need to summarize and apply beneficial experiences such as the Fujian-Ningxia cooperation, further improve cooperation mechanisms, optimize cooperation methods, expand cooperation areas, and promote complementary industries, personnel interaction, technological exchange, mutual understanding of concepts, and mutual learning of work styles between the East and West, achieving mutual benefit, win-win results, and common development. He also stressed that Party committees and governments at all levels must earnestly fulfill their responsibilities for normalized assistance, resolutely safeguard against large-scale relapse into poverty, solidly promote the comprehensive revitalization of rural areas, continuously enhance the coordination of regional development, and take solid steps towards common prosperity for all the people.Total Energy CEO: Ensuring the restoration of Qatars LNG supply is of paramount importance; otherwise, as winter approaches, the decline in natural gas prices will not be as significant as that of oil prices.On June 17th, Sunshine 100 China (02608.HK) announced that it had previously disclosed a winding-up petition against the company. On May 29, 2026, the High Court, based on the consent summons submitted by the petitioner and the company on May 27, 2026, ordered the cancellation of the hearing originally scheduled for June 22, 2026, and the substantive hearing has been scheduled for October 16, 2026.

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.