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On June 9th, it was reported that on June 7th, Xu Shubiao, General Manager of State Power Investment Corporation (SPIC), met with Liang Huiling, Deputy Secretary of the Heilongjiang Provincial Party Committee and Governor of Heilongjiang Province, in Harbin to exchange views on deepening cooperation in the energy sector and jointly promoting the revitalization and development of Heilongjiang. Since the beginning of this year, SPIC has held working talks with Inner Mongolia, Qinghai, Henan, Hainan, Gansu, Jilin, Fangchenggang City of Guangxi Zhuang Autonomous Region, Xilingol League of Inner Mongolia Autonomous Region, Zhanjiang City of Guangdong Province, and the Hengqin-Macau Greater Bay Area in Guangdong Province, exchanging views on jointly planning key cooperation projects during the 15th Five-Year Plan period. Heilongjiang Province is willing to work with SPIC to deepen cooperation between the central and local governments and achieve win-win development in serving national strategies. This includes planning and constructing heavy-duty gas turbine projects, deeply participating in Heilongjiangs electricity-computer synergy pilot project and zero-carbon industrial park construction, and actively developing biomass straw and livestock manure resource utilization projects.According to the General Administration of Customs, Chinas crude oil imports in May 2026 totaled 33.081 million tons, compared to 38.471 million tons in April. From January to May 2026, Chinas crude oil imports totaled 218.364 million tons, compared to 229.457 million tons in the same period of 2025.According to the General Administration of Customs, Chinas refined oil exports in May 2026 reached 3.368 million tons, compared to 3.119 million tons in April. From January to May 2026, Chinas refined oil exports totaled 19.233 million tons, compared to 21.843 million tons in the same period of 2025.June 9th - According to customs data, in the first five months of the year, my countrys total trade with ASEAN reached 3.52 trillion yuan, a 16.6% increase; trade with the EU reached 2.53 trillion yuan, a 10.3% increase; and trade with the US reached 1.61 trillion yuan, a 6.6% decrease. During the same period, my countrys total imports and exports with countries participating in the Belt and Road Initiative reached 10.57 trillion yuan, a 13.6% increase.June 9th - A COVID-19 report released by the Democratic Republic of Congos (DRC) Ministry of Health on June 8th showed that the overall Ebola outbreak in the country continues to rise. As of June 7th, the cumulative number of confirmed cases in this outbreak had risen to 550, with 101 deaths. The report also indicated that the total number of recovered cases in the DRC has increased to 19. The report stated that while the recent number of newly reported cases has slightly decreased, this may be related to lag in updating testing data and does not yet indicate that the spread of the epidemic has weakened.

BTC Fear & Greed Index Maintains Stability Despite Bitcoin's Return to $21,000

Daniel Rogers

Oct 31, 2022 16:35

截屏2022-10-31 下午4.08.57.png 

 

Bitcoin's (BTC) price increased by 1.08% on Saturday, ending the day at $20,833. Notably, BTC has reached $21,000 twice since September 13. Following the release of US economic data on Friday, market expectations of a December Fed pivot continued to be supported. The Bitcoin Fear & Greed Index remained unchanged at 34/100 as Fed anxiety diminished.


Bitcoin (BTC) climbed by 1.08% on Saturday. BTC concluded the day at $20,833 after a 1.53% increase from Friday. Notably, BTC closed the day at $20,000 for the fifth consecutive session, and for the second time since September 13 it reached $21,000.

 

BTC fell to a morning low of $20,576 following a mixed start to the day. BTC rose to a late-morning high of $21,094 without touching the First Major Support Level (S1) at $20,174. BTC surpassed the First Major Resistance Level (R1) at $20,908 before retreating to finish the day below $20,900.

 

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The rebound to $21,000 illustrates the ongoing shift in market sentiment towards Federal Reserve monetary policy.

 

The August US CPI report put Bitcoin and the broader market into a downward spiral on September 13. This week, the expectation of a Fed turnaround in December has provided market support. The Fed's influence on BTC is likely to persist in the near future, maintaining the correlation with the NASDAQ.


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