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On the evening of September 11 local time, Iraqi Armed Forces Commander-in-Chiefs spokesman, Sabah al-Numan, issued a statement condemning the attacks against Saudi Arabia and expressing opposition to any actions that endanger Saudi security and stability or damage the brotherly relations between the two countries. The statement said that Iraqi Prime Minister and Armed Forces Commander-in-Chief Muqtada al-Zaidi had ordered an urgent investigation into the specific circumstances of the attacks and those responsible, and that those involved be held accountable according to law. He also emphasized that the Iraqi government will not tolerate any activities that endanger Iraqs own security or its relations with friendly countries. The statement further stressed that Iraqi territory and airspace will not be used as a springboard for attacks on any country and stated that Iraq will cooperate with countries in the region to prevent similar incidents from happening again.The Iraqi Prime Ministers Office stated that an investigation confirmed the drone attack against Saudi Arabia originated from within Iraq, leading to the dismissal of an Iraqi military commander.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.2 (deep-focus) occurred at 05:24 on September 12 near the Java Sea in Indonesia (5.01 degrees south latitude, 106.88 degrees east longitude). The final result is subject to the official rapid report.Oracle (ORCL.N): Executive Chairman Larry Ellison adopted a new trading scheme on June 22, which is scheduled to terminate on October 24. The scheme aims to allow Oracle to sell up to 50 million shares of Oracle common stock.Saudi Civil Defense: The danger to Khamis Mushait has been averted.

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.