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June 22nd - US President Trump: A corrupt and failed New York Times headline: "After nearly four months of war, what has changed? Analysts say nothing much." Really? The (Iranian) military is finished, their navy is gone, their air force is gone, their launch platforms, missiles, drones and their manufacturing are almost gone, their two top leaders are gone, their inflation rate is 250%, their economy has collapsed, soldiers are not paid, the Strait of Hormuz is open, oil is flowing, and the US stock market and employment rate are at record highs. Thats the change, you corrupt and immoral cowards, and theres much more!According to Fox News: A U.S. diplomat stated that the Iranian delegation remains in Switzerland and negotiations are ongoing. Serious progress is being made throughout the day. Intensive discussions are underway regarding all elements of the nuclear agreement. Some discussions focus on clarifying confusing information about the Strait of Hormuz to ensure it remains open.According to sources familiar with the matter, alternative asset management giant Investcorp is acquiring a majority stake in a UK facilities management company, highlighting the continued push for overseas deals by Gulf investors despite the ongoing conflict in the Middle East. The Bahrain-based company is acquiring a stake in Smart Managed Solutions at a valuation exceeding $200 million.Israeli Prime Minister Benjamin Netanyahu: Some Americans say Trump listens to me completely, and some Israelis say I listen to Trump completely—neither of these statements is true. We are leaders of an independent nation. I represent Israels interests.According to Israels i24News, Israeli Prime Minister Netanyahu stated, "We have stopped Iran from carrying out a plan aimed at completely annihilating us."

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.