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Court websites show that Iran executed a man convicted of passing intelligence on missile bases to Israel during the war.September 19 - According to the Russian Ministry of Defense, Russian air defense systems destroyed 344 Ukrainian drones over Russia overnight. During the night, on-duty air defense systems intercepted and destroyed 344 Ukrainian fixed-wing drones over Leningrad Oblast, Novgorod Oblast, Bryansk Oblast, Kursk Oblast, Belgorod Oblast, Oryol Oblast, Kaluga Oblast, Tula Oblast, Ryazan Oblast, Lipetsk Oblast, Vladimir Oblast, Rostov Oblast, Krasnodar Krai, Moscow region, Yamal-Nenets Autonomous Okrug, Dagestan Republic, and the Black Sea region.On September 19th, Bolivian President Rodrigo Paz announced the termination of state subsidies for diesel fuel and a shift to a unified pricing model to help address the long-standing fuel shortage. Paz stated that Bolivia relies on imports for approximately 90% of its diesel, with the government spending about $55 million weekly on subsidies. From today, the price of diesel will equal the cost of purchasing it abroad. Rampant fuel smuggling and black market resale are key factors contributing to the weekly losses. This move replaces the dual-pricing system introduced in August, which charged high-volume consumers 18 Bolivianos ($2.60) per liter while maintaining a subsidized price of 9.80 Bolivianos for other consumers. Paz stated that domestic prices will now follow global benchmarks, and if international costs decrease, domestic prices will also decrease. To offset the financial pressure on households and key economic sectors, the government announced targeted relief measures, including direct cash transfers and concessional credit lines.On September 19th, the Shandong Provincial Department of Industry and Information Technology publicly solicited opinions on the "Implementation Plan for the Development of the High-end Chemical Industry in Shandong Province during the 15th Five-Year Plan Period (Draft for Solicitation of Opinions)." The plan proposes that by 2030, the added value of the provinces chemical industry will grow at an average annual rate of over 5%, and the economic benefits of high-end chemicals will account for approximately 65% of the provinces total chemical industry output. The energy supply system and raw material security structure in the basic chemical sector will be further optimized, and the competitiveness of products in the fields of new chemical materials and fine chemicals will be significantly enhanced. The plan proposes three major actions: strengthening the foundation of the basic chemical industry, cultivating and expanding the new chemical materials industry, and improving the innovation and quality of the fine chemicals industry. It also clarifies the development directions for 16 sub-sectors, including petrochemicals, coal chemicals, and salt chemicals.On September 19th, it was reported that since the sale of train tickets for the Mid-Autumn Festival and National Day holidays began on September 23rd, in order to create a fair and just ticket purchasing environment, the 12306 railway ticketing system has continuously identified and curbed malicious ticket-grabbing behavior. Utilizing big data analysis and risk control technology, it has accurately identified abnormal behaviors such as frequently purchasing large numbers of tickets for accounts not registered to themselves, frequently making large numbers of payments for orders not made to themselves, and using forged terminal devices to imitate user ticket purchasing operations. Related technical restrictions continue to be implemented, placing 12306 registered accounts with abnormal behavior in a slow queue and refusing to issue tickets to payment accounts with abnormal behavior. These abnormal 12306 registered accounts will show a waiting status when purchasing tickets, and payment accounts will show a failed purchase status. Since the sale of train tickets for the Mid-Autumn Festival and National Day holidays began this year, 12306 has cumulatively placed 7.117 million transactions in the slow queue and refused to issue tickets for 1.023 million transactions, totaling 1.331 million rejected tickets, effectively curbing malicious ticket-grabbing behavior.

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.