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On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with El-Din, Secretary-General of the Egyptian National Security Council, in New Delhi. Wang Yi stated that the international situation is currently undergoing profound and complex changes. China and Egypt, as important members of the Global South, share broad common ground in international and regional affairs and bear important responsibilities for maintaining international and regional stability. China is willing to strengthen coordination and cooperation with Egypt on international multilateral platforms such as BRICS and the United Nations, jointly safeguard the independence, autonomy, and self-reliance of the Global South, actively promote the multipolarization process, and work together to build a community with a shared future for mankind.June 23 - As of 2:30 PM closing, the main Shanghai gold futures contract closed down 0.18% at 915 yuan/gram, the main Shanghai silver futures contract closed down 1.23% at 15,768 yuan/kilogram, and the main SC crude oil futures contract closed down 1.72% at 502 yuan/barrel.On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with Indian National Security Advisor Ajit Doval in New Delhi. Wang Yi stated that India is an important neighbor of China. As the two most populous economies, China and India should not only view bilateral relations with a long-term perspective but also promote cooperation from a global perspective. Currently, the global South, including China and India, is experiencing a collective rise. The BRICS mechanism, as the leading force in the global South, should actively advocate for and promote the multipolarization process, safeguard the legitimate rights and interests of developing countries, and push the international order towards a just and reasonable direction. China supports India in fulfilling its responsibilities as the BRICS chair and jointly promoting the development and growth of the BRICS mechanism.Supermicro (SMCI.O) shares rose by 19%.According to Politico: U.S. Defense Secretary Hergsays plans to give a classified briefing to a large group of Republican members of Congress on Wednesday at a Republican Study Committee (RSC) luncheon on the Trump administration’s military funding goals and another partisan bill.

Crypto Market Pressured by Bigger Trends

Cory Russell

Feb 23, 2023 15:29

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Once more, Bitcoin was unable to surpass the $25K mark. The Nasdaq100 dropped 2.5%, and initial analytical opposition was later reinforced by a powerful downward trend in US stock benchmarks.


On a weekly basis, it appears that the market is unable to enter a positive period because bitcoin depreciates upon hitting its 50- and 200-week moving averages. Be ready for another decline to the $17.5K or even $16.5K region if there isn't a positive turnaround in the upcoming days.


According to Glassnode, a shift in user behavior is to blame for the fact that bitcoin is standing up well in the face of the present market trends and governmental pressure. Short-term speculators have once again adopted the buy-the-dip strategy. However, the proportion of "whale" addresses with sums of 1,000 Bitcoin or higher has decreased to levels seen in the middle of 2019, suggesting that the retail sector is driving purchases while the whales are engaged in sales.

Article context

Bloomberg reports that Chinese officials have covertly backed Hong Kong's plan to create a growth hub for the blockchain sector in the city. Businesses that formerly operated in the People's Republic of China can now incorporate in Hong Kong.


Despite price increases, the Bank for International Settlements (BIS) predicted that between 2015 and 2022, the typical individual user would lose about half of their investment in bitcoin. The BIS repeated its appeal for international cooperation in bitcoin governance and issued a cautionary statement about the dangers of heightened systemic ripple effects.


A version of the Ordinals protocol that enables users to publish different items in picture, text, video, and other forms has been added to the Litecoin network.