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February 22 – Ahmed Altom, Director General of the Geological Research Authority of Sudan, stated on February 21 that the armed conflict in Sudan has caused approximately $7 billion in economic losses to the countrys mining industry. Altom said that the conflict has severely damaged Sudans mining infrastructure, reducing government-led mining activities from 18 states to 6. Geological surveys, exploration operations, and mining production have all been significantly affected, resulting in a sharp decline in related fiscal revenue.On February 22, US President Trump approved emergency aid to Washington, D.C., to address the aftermath of a leak that released at least 250 million gallons (approximately 940 million liters) of untreated sewage into the Potomac River. On January 19, a decades-old sewage pipe in Maryland ruptured, causing over 900 million liters of wastewater to flow into the Potomac River. This river flows west of Washington, D.C., and is a major source of drinking water for the capital region. The incident became one of the largest sewage spills in U.S. history. On February 18, Washington, D.C. Mayor Muriel Bowser declared a state of emergency and requested federal resources from President Trump to help the city deal with the sewage system leak.February 22nd - NIOs official Weibo account announced that on February 21st, 2026 (the fifth day of the Lunar New Year), NIOs battery swap service reached a record high of 175,976 transactions. This marks the fourth consecutive day of record-breaking performance since the start of the Year of the Horse.February 22nd - According to data from Maoyan Professional Edition, the total box office (including pre-sales) for the 2026 Spring Festival film season has exceeded 4.6 billion yuan, with "Pegasus 3", "Silent Assassination", and "The Legend of the Swordsman" ranking in the top three.The China Earthquake Networks Center officially determined that a magnitude 4.0 earthquake occurred in Qinghe County, Altay Prefecture, Xinjiang, at 09:29 on February 22, with a focal depth of 10 kilometers.

ADA Price Prediction: Bears Eye Sub-$0.350 on Fed and SEC Fear

Cory Russell

Feb 13, 2023 15:11

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ADA increased on Saturday by 2.79%. ADA finished the day at $0.368 after suffering a loss of 1.10% on Friday. ADA missed $0.400 for a third straight session despite the positive day.


ADA saw a mixed day's start, dropping to an early morning low of $0.357. The price of ADA increased to a final hour high of $0.370 after avoiding the First Major Support Level (S1) at $0.353. To close the day at $0.368 ADA overcame the First Major Resistance Level (R1) at $0.365.


Updates on IOHK were overshadowed by Fed Fear and Regulatory Risk.


Input Output HK (IOHK) revealed the most recent Ouroboros Genesis network improvement plans on Saturday.


A proof-of-stake (PoS) system called Ouroboros Genesis assures that members may join the network securely and without the need for third-party recommendations. The Genesis logic is 'now going through testing and needs more integration work,' according to IOHK, who anticipates a release in 2023. Cardano is presently running on Ouroboros Praos.


A plan to update the Cardano pre-production environment to protocol V8, which could go into effect this weekend, is one of the other network changes.


The price prognosis is still strong after the Weekly Development Report on Friday and the expected release of EMURGO's USDA stablecoin.


Fed Fear and Regulatory Risk, however, continue to be barriers for the cryptocurrency industry.


Fears of the SEC fining and ordering other crypto exchanges to stop offering crypto staking services will test investor mood in the wake of the announcement that Kraken settled with the SEC and stopped offering the service to US consumers.


The larger crypto market will be under pressure as attention shifts to the US CPI Report on Tuesday. A rise in inflationary pressure would justify a more aggressive Fed interest rate path to bring inflation to goal after the hot US Jobs Report and hawkish Fed discussion.