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① Iran 1. Iranian Parliament Speaker Responds to US "Oil Storage Explosion Theory": Oil Prices to Reach $140. 2. Iranian Official: US Attempts to Coerce Iran Through Blockade Are Futile. 3. Senior Iranian Official: Will Respond to US "Piracy" with "Unprecedented Military Action". 4. Iranian Parliament Speaker Ghalibaf: US President Trump Seeks Irans Surrender Through Economic Pressure. 5. According to Iranian Media Press TV: Deputy Director of Political Affairs of the Iranian Islamic Revolutionary Guard Corps Navy stated that if the US takes any new military action against Iran, the Navy will respond with surprise tactics and deploy new equipment. ② United States 1. Putin and Trump Speak in Phone Call: Putin Proposes Irans Nuclear Program. 2. Trump: Will Not Lift Maritime Blockade Against Iran Until Nuclear Issue is Resolved. 3. White House Official: Trump Meets with Oil Executives to Discuss Extending Blockade Against Iran for Months If Necessary. 4. Sources: US Military Has Prepared a "Short-Term and Powerful" Plan for Strike Against Iran. 5. US Aircraft Carrier USS Ford Plans to Withdraw from the Middle East and Return Home: Deployment Time Sets Record. 6. Trump claims Ukraine has lost militarily? This may be a misunderstanding of Iran. 7. Pentagon says the war with Iran has "burned" $25 billion so far. 8. Trump says Iran cannot reach an agreement, accompanied by a picture and caption saying he will no longer be a "nice guy". 9. US Defense Secretary Hergsays: We are restoring our defense capabilities to wartime status. Iran cannot possess nuclear weapons. 10. US media: With the 60-day "legal deadline" for the Iran war approaching, the US Republican Party is discussing whether to authorize the war with Iran. 11. According to Axios: Trump told Netanyahu that with the ceasefire progressing poorly, only precision strikes will be possible against Lebanon. ③ Israel 1. Israel Defense Forces: On Tuesday, the Israel Defense Forces struck multiple Hezbollah infrastructure strongholds in several areas north of the forward lines in southern Lebanon. 2. According to Al Jazeera: Israeli military broadcasts that military representatives were briefed on the situation in Lebanon at a secret parliamentary meeting. 3. According to Israel Today: Israeli Prime Minister Netanyahu is expected to meet with Trump in the US next week. ④ Strait of Hormuz 1. Irans UN representative accused the US of "piracy" and demanded the release of detained ships. 2. Japan confirmed that a Japanese-flagged supertanker had passed through the Strait of Hormuz. ⑤ Ceasefire Negotiations 1. Trump said negotiations with Iran are being conducted by phone. 2. According to CNN: Pakistan is expected to receive Irans revised proposal by Friday at the latest. 3. Senior Pakistani official: Efforts are underway to narrow the differences between the US and Iran. 4. Iran said its negotiating team is making every effort to conduct diplomatic mediation in accordance with the instructions of the Supreme Leader. 5. According to Israel Today on the 29th, Israel will accept a "limited agreement" with Lebanon. ⑥ Other Situations 1. The Israeli military said the head of the operations department of Hamass military intelligence headquarters was killed. 2. Russia: Israel should withdraw from Lebanon. 3. Pakistan opened six key land trade routes, and more than 3,000 containers will be transshipped by land.According to Politico: White House officials will travel to Venezuela on Thursday to announce an agreement that could lay the foundation for operations by oil and mining companies.On April 30th, U.S. Treasury Secretary Bessant stated that it would be extraordinary if outgoing Federal Reserve Chairman Jerome Powell were to remain on the Federal Reserve Board of Governors. For someone who has always emphasized discipline, his unilateral decision would run counter to tradition. Kevin Warsh would bring a fresh perspective to the Federal Reserve with clear accountability, effective management mechanisms, and sound policymaking.On April 30th, Meta Platforms (META.O) reported its largest revenue increase in recent times for the first fiscal quarter, but the company stated it will invest more in building AI data centers this year than previously anticipated. The companys first-quarter revenue was $56.3 billion, a 33% year-over-year increase; net income was $26.8 billion, both exceeding analysts expectations. The company expects revenue for the current quarter to be between $58 billion and $61 billion, largely in line with analysts expectations. The company stated that capital expenditures for the quarter were $19.84 billion, lower than the market expectation of $27.57 billion. However, Meta stated that full-year capital expenditures will be between $125 billion and $145 billion, higher than the previous forecast of $115 billion to $135 billion. Meta shares fell more than 5% in after-hours trading.Alphabet (GOOGL.O) executives: We expect to continue hiring in key investment areas such as artificial intelligence and cloud computing.

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.