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On June 21, Moheber, an advisor to Irans Supreme Leader, posted on social media on the 20th that all commitments in the Iran-US memorandum of understanding must be fully implemented and Irans national rights must be respected. He emphasized that if the memorandum of understanding remains merely on paper, then the flow of energy in the Middle East will also come to a standstill.June 21 - According to Iranian sources, Iranian Foreign Minister Araqchi met with Swiss Foreign Minister Cassis at Bilgensberg in Switzerland on the same day. The report stated that this was the first official event for the Iranian delegation in Switzerland.June 21 – According to the Islamic Republic News Agency (IRNA), Iranian Foreign Ministry spokesman Bagaei stated that the one-day Bilgence Summit in Switzerland will include a joint meeting of Iran, the United States, Qatar, and Pakistan in the afternoon. Todays meeting is a follow-up on the implementation of the memorandum of understanding reached with the United States. The United States failure to secure a ceasefire in Lebanon will be a central issue at the Swiss meeting. Other topics will also be discussed, including waivers for Iranian oil sales and the unfreezing of frozen Iranian assets.According to the Islamic Republic News Agency (IRNA), a spokesperson for the Iranian Foreign Ministry said that the meeting will also discuss other issues, including waivers for Iranian oil sales and the unfreezing of frozen Iranian assets.According to Japans Kyodo News, Japanese Prime Minister Sanae Takaichis cabinet approval rating has dropped to 55.8%, the lowest since she took office.

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.