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In an interview with Russian media, Russian Deputy Foreign Minister Grushko said that Ukraines accession to NATO means that it is impossible to reach a peace agreement on the Russian-Ukrainian conflict.On January 25, the U.S. Department of Defense issued social media guidelines for the military on January 24, local time, announcing the suspension of almost all official social media activities for 10 days. It is reported that the suspension will take effect on the 25th and apply to "all levels of official accounts" of the Department of Defense. However, content related to southern border operations and regular base operations and activities (such as Department of Defense school activities, base conditions and services, and recruitment-related activities) are not subject to this restriction. The specific reason for the suspension is not yet clear.The Dow Jones Industrial Average closed at 44,424.25 on January 24 (Friday), down 140.82 points, or 0.32%. The S&P 500 closed at 6,101.24 on January 24 (Friday), down 17.47 points, or 0.29%. The Nasdaq Composite closed at 19,954.30 on January 24 (Friday), down 99.38 points, or 0.50%.On January 25, according to a statement from the Iraqi Ministry of Interior, on January 24, local time, Iraqi border guards were attacked by armed members of the Kurdistan Workers Party while performing border defense tasks in Dohuk Province, the Kurdish Autonomous Region in northern Iraq, and an exchange of fire occurred, resulting in the death of two Iraqi border guards and one injured. Two Kurdistan Workers Party militants were killed.On January 25, local time on January 24, Slovak Foreign Minister Branar said that if the United States stops aiding Ukraine, Slovakia does not agree that the EU should bear all the responsibility for aiding Ukraine. Branar said that the United States is currently the largest supporter of Ukraine "financially and militarily". When commenting on the possibility of US President Trump stopping aid to Ukraine, Branar said, "If some EU countries decide to continue to support Ukraine militarily, it is their own business, but Slovakia refuses to let the EU take over the (financial) burden." Branar reiterated that Slovakia refuses military aid to Ukraine and is in favor of reaching a ceasefire agreement and starting peace talks as soon as possible.

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.


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