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September 13th - The 37th Shanghai Tourism Festival Grand Parade kicked off on September 12th, and Shanghais cultural and tourism consumption continues to heat up. Starting September 13th, some scenic spots throughout the city are also offering half-price tickets and other preferential offers. Meituan data shows that Shanghais cultural and tourism bookings have increased by 15% year-on-year in the past week. In terms of tourist source structure, Beijing, Hangzhou, Suzhou, Shenzhen, and Guangzhou are popular out-of-town tourist destinations. In terms of scenic spot popularity, Shanghai Disney Resort, Shanghai Wild Animal Park, Shanghai Happy Valley, Shanghai Haichang Ocean Park, and Shanghai Legoland Resort are the top 5 most popular scenic spots.According to the official measurement of the China Earthquake Networks Center, a magnitude 3.6 earthquake occurred at 10:12 on September 13 in Alxa Left Banner, Alxa League, Inner Mongolia (40.12 degrees north latitude, 106.53 degrees east longitude), with a focal depth of 8 kilometers.According to CBS News: Former U.S. Army Secretary Driscoll has arrived in Kyiv, Ukraine.Market news: The Yemeni armed forces reported that Houthi strongholds in Taiz, Yemen, were hit by three airstrikes.September 13th - According to the Wall Street Journal, recent sales data shows that Tesla (TSLA.O) is once again expanding its market share in the US electric vehicle market as traditional automakers withdraw from the sector. According to Motor Intelligence data, Tesla has regained more than half of the US electric vehicle market, reaching 52% in the first eight months of 2026, up from 43% in the same period last year. However, Tesla has not escaped the overall market downturn. So far this year, its US sales are 325,351 vehicles, a 16% decrease year-over-year. But the overall electric vehicle market has shrunk even more, declining by 30%. Tesla once accounted for more than 80% of US electric vehicle sales, but in recent years, its share has continued to decline as established automakers such as Hyundai, Ford, and GM have launched electric models. In 2025, Teslas share fell to a record low of 41%, when Musks political involvement and cooperation with the Trump administration to cut federal government spending alienated some buyers and led to protests outside stores. Now, the Austin, Texas-based company is recovering lost ground, even though it has downplayed its core automotive business.

Crypto Market Daily Highlights: BTC Delivered Market Support

Skylar Shaw

Mar 06, 2023 17:01

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The bitcoin top ten had a varied practice on Sunday. XRP, BNB, and ETH suffered, while MATIC topped the list of ten. In spite of the positive session, Bitcoin missed $23,000 for the second day in a row.


On Sunday, there were no crypto-related activities to divert buyers. Dip purchasers were forced to come back from the periphery by the dearth of events. The market, however, remained range-bound and only made moderate gains as a result of investor apprehensions regarding Silvergate Bank and attitudes toward increasing legislative and regulatory surveillance.


Investors now face regulation ambiguity and greater governmental inspection, which was made easier by the reduction in Fed Fear. The G20 is attempting to implement regulation changes to fight unethical crypto practices and reduce the dangers cryptos pose to financial security in response to the fall of FTX, which has given the anti-crypto side of the debate a stronger position.


The cryptocurrency marketplaces will have a hectic week this week. With the "first-ever Senate session centered on the pressing need to clamp down on the increasing environmental effects of crypto mining," Bitcoin mining will be a heated subject on Capitol Hill on Tuesday.


We anticipate learning more about FTX, Silvergate Bank, and Binance. A message to CEO CZ from US legislators last week specifically mentioned Binance. According to the letter, the site helped crooks and sanction evaders receive over $10 billion in funds.


Investors will discreetly hope that Ripple makes excellent headway in the current SEC v. Ripple lawsuit despite the increased monitoring. A win for Ripple might relieve pressure on the cryptocurrency market, especially if the Hinman Papers become public knowledge.


Investor attention will continue to be focused on the Day Ahead Binance, FTX, and Silvergate Bank reports, as well as regulation action and US legislator talk.


Prior to Fed Chief Powell's statement on Tuesday and Wednesday, investors should pay attention to what the FOMC members are saying. A bullish shift would hurt the NASDAQ Composite Index and strengthen the hands of the cryptocurrency investors. This morning, the NASDAQ mini was down 20 points.