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The Swedish Energy Agency: To date, we have not seen any disruptions to the supply of aviation fuel; the impact is mainly reflected in prices.April 28th - A sharp weakening of the yen may prompt the Bank of Japan (BOJ) to take action, as the BOJ stated in a report that it will continue to raise interest rates based on economic, price, and financial conditions. Naomi Mukkara, a strategist at Mitsubishi UFJ Morgan Stanley Securities, said this marks a change in the BOJs "policy response function." In the report, the BOJ stated that foreign exchange rates are increasingly likely to influence prices, and such fluctuations could affect underlying inflation by altering inflation expectations. The BOJ does not directly target the yen, but if a significant depreciation of the yen accelerates price increases, the central bank may adjust its policy.The Kremlin stated that it would provide immediate updates if talks between Putin and Trump took place. No comment today.April 28th - According to the Ministry of Human Resources and Social Security, since the beginning of this year, my country has implemented skills enhancement initiatives targeting key areas and groups, and has already cultivated over 300 industry-education-assessment skills ecosystem chains. This year, my country has launched large-scale skills enhancement initiatives targeting key areas such as artificial intelligence, advanced manufacturing, and healthcare services, as well as key groups such as college graduates and migrant workers. The "New Eight-Level Worker" vocational skills grading system has been implemented in depth, with 1.128 million new senior-level or higher vocational qualification certificates or vocational skills level certificates obtained in the first quarter. Next, the country will strengthen general education on artificial intelligence to continuously improve workers digital literacy and AI application capabilities. A skills enhancement training program for one million young people will be implemented to make skills training more relevant to industries and jobs. Training services will be extended to enterprises, schools, and townships, creating a 30-minute training circle and skills training stations to allow more workers to participate in training locally.Kremlin: The military parade on May 9 will certainly take place.

BTC Fear & Greed Index Nears the Greed Zone on BTC Return to $22,000

Florala Chen

Feb 16, 2023 15:25

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Bitcoin (BTC) increased by 1.95% on Tuesday. BTC finished the day at $22,198, reversing a loss of 0.11% from the previous day. For the second time in seven sessions, BTC displayed green.


Before acting, BTC dropped to a low of $21,555 in the early afternoon. After avoiding the First Major Support Level (S1) around $21,450, BTC surged to a high of $22,339 in the middle of the afternoon.


 Before finishing the day at $21,198, BTC momentarily passed through the Second Major Resistance Level (R2) at $22,228 and the First Major Resistance Level (R1) at $22,001.

Silvergate Bank News and Ante-Gensler Chatter Delivered BTC Support

US economic figures on Tuesday caused BTC to reach a session low. Compared to an anticipated 6.2%, the US annual inflation rate decreased from 6.5% to 6.4% in January. Investors anticipated a more pronounced decline of inflation, despite inflation softening, to lessen the prospect of interest rates exceeding 5%.


However, afternoon support and a BTC rebound to $22,000 were given by the cryptocurrency news channels.


The bullish session was influenced by the news out of Washington, D.C. A hearing titled Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets was conducted on Tuesday by the Senate Banking Committee. Gary Gensler and the SEC's shortcomings were brought to light by concerns about their regulation through enforcement and lack of SEC advice to crypto companies.


Legislators noted Gensler's appearances on morning talk programs and called for him to testify as soon as possible.


Participants in the cryptocurrency sector are expecting that Congress would grant the CTFC more monitoring authority after Gensler and the SEC's approach to regulating the digital asset area came under scrutiny.


Following a spike in SEC action that resulted in a settlement with the SEC and the termination of US cryptocurrency staking services from Kraken and Paxos, respectively, the Senate Committee Hearing was held (BUSD).


The endorsement of Silvergate Bank by Citadel Securities Group was also positive for the cryptocurrency market. The hedge fund has a 5.5% investment in the cryptocurrency-linked bank, according to a filing with the SEC on Tuesday. Silvergate Capital Corp (SI) grew by 18.01% as a result on Tuesday. The stock has fallen 86.6% during the last year, however.


This month, Silvergate Bank has received attention. News that the US Justice Department was looking into Silvergate Bank's interactions with FTX and Alameda Research broke earlier this month.