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Russia launched a wave of missile attacks on Ukrainian cities hours before Ukrainian President Volodymyr Zelenskyy was due to hold peace talks with US President Donald Trump.On August 18, Air Canada issued a statement on its website saying it has suspended its plan to gradually resume operations and canceled all flights because the Canadian Union of Public Service Employees (CUPE) illegally instructed flight attendants not to return to work. All Air Canada and Air Canada Rouge flights have been canceled until further notice, and passengers are urged not to go to the airport unless they have confirmed tickets on another airline.French President Emmanuel Macron stated on August 18th, following a meeting of the "Coalition of the Willing," that Russia, through its peace proposals, is demanding Ukraines surrender. "I dont believe Putin wants peace," Macron told reporters. "I believe he wants Ukraine to surrender." Macron will meet with US President Donald Trump and other European leaders, including Volodymyr Zelensky, on August 18th.On August 18, Syrian leader Shahrah said his country hopes to avoid military conflict with US-backed Kurdish forces if efforts to integrate Syrias northeastern autonomous administration into state structures fail. He said Kurdish leaders had expressed their readiness to reach a landmark agreement in March that would bring Kurdish-controlled areas under state jurisdiction. But he warned that ground operations suggest otherwise. Shahrah said Turkey and Washington, the main powers supporting the integration of Syrias oil-rich northeastern region into Syria, hope to resolve the issue peacefully.On August 18, officials in Russias Kursk Oblast said on the 17th that two sections of the regions highway were attacked by Ukrainian drones between the evening of the 16th and the 17th, resulting in one death and two injuries. The Ukrainian Ministry of Defenses Main Intelligence Directorate confirmed the attack on the Kursk Oblast highway that day and said that a Russian general was among the injured.

Crypto Market Daily Highlights: ETH Avoids an SEC and Fed-Fueled Slide

Florala Chen

Feb 24, 2023 15:07


The top ten cryptocurrency index had a split morning on Thursday. While MATIC led the road down, ETH defied the negative pattern. Bitcoin is now trading below $24,000 for the first time in seven days following the lackluster session.


The NASDAQ Composite Index and US economic indexes supported the afternoon's trading. The US GDP grew by 2.7% in Q4 as opposed to the preliminary 3.2%. Economic experts expect growth to be 2.9%. Initial unemployment claims decreased from 195k to 192k, but labor market circumstances tightened nonetheless. Analysts predict a 200k rise.


The results and company profits caused the NASDAQ Composite Index to increase by 0.72%.

The NASDAQ, however, fell short of producing a positive crypto session as growing regulatory surveillance dampened investor interest.

Evidence for Crypto-Scrutiny Buying Attitude

The US Federal Reserve published a statement on Thursday outlining the dangers of trading in cryptocurrencies and commodities connected to cryptocurrencies. "Certain sources of funding from crypto-asset-related entities may pose heightened liquidity risks to banking organizations due to the unpredictability of the scale and timing of deposit inflows and outflows," the Fed said in a statement highlighting liquidity risks associated with funding sources from entities related to cryptocurrencies.


The security of such accounts (stablecoin-related reserves) may be correlated with stablecoin demand, stablecoin users' trust in the stablecoin structure, and the stablecoin issuer's reserve management procedures, according to the Fed, which joined the SEC in focusing on stablecoins. Such accounts are vulnerable to significant and swift withdrawals caused by, for instance, unexpected stablecoin redemptions or fluctuations in the marketplaces for digital assets.


The IMF also provided its perspective on the digital asset market as the US Department of Justice, the SEC, and the CFTC increased their crypto monitoring operations. A document named Components of Successful Strategies for Digital Securities was published on Thursday by the IMF.


The IMF intends to "handle concerns by Fund members on how to react to the growth of digital assets and the related dangers," according to the document.


News of the SEC and the New York Department of Financial Services (NYDFS) complaining to Binance came as the cryptocurrency market came under greater examination.


The US buying Situation was also unfavorable. Binance. The US's intentions to purchase Voyager helped reduce the danger of a pandemic at the end of 2022.

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