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August 15th - According to the Financial Times, Kyivs air defense forces were almost helpless in the face of a recent round of Russian ballistic missile attacks. The reason is simple: their Patriot missile defense systems ran out of interceptor missiles. This severe shortage of the only weapon capable of intercepting Russian ballistic missiles launched at Ukraine is exposing a critical vulnerability in Ukraines air defense system. As Moscow intensifies its offensive ahead of winter, the pressure on Ukraines air defense is further escalating. Ukrainian officials stated that the limited number of interceptor missiles supplied by the United States has been exhausted in recent weeks. Russia launched a missile attack on Kyiv on August 5th, followed by a second attack three days later. In both attacks, Ukraine failed to intercept any incoming ballistic missiles. Ukrainian officials revealed that due to the increasingly serious shortage of interceptor missiles, the Ukrainian Air Force has stopped routinely publishing the number of missiles launched by Russia to avoid revealing the number of missiles it failed to intercept.August 15th - According to the website of the China Maritime Safety Administration, the Jiangmen Maritime Safety Administration issued a navigation warning stating that military training will be conducted in parts of the South China Sea from 00:00 to 12:00 daily from August 16th to 17th, and entry is prohibited.Russian Foreign Ministry: The potential US and Turkish arms supply plans to Kyiv would weaken Moscow’s relations with Washington and Ankara.Russian Foreign Ministry: A spokesperson for the Russian Foreign Ministry stated that the US and Turkey have been asked to explain their reported plans to provide weapons to Kyiv.On August 15, local time, Iranian Foreign Ministry spokesman Bagaei said that despite US obstruction, talks between Iran and Oman are progressing actively, and the two sides have reached an agreement on a navigation scheme for the Strait of Hormuz.

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.


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