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February 8th - Despite the silver price plunge that has almost wiped out its astonishing gains at the beginning of the year, retail investors still poured nearly $500 million into the silver market over the past week. According to data analysis from Vanda Research, retail investors poured $430 million into the largest silver ETF, SLV, in the six trading days ending Thursday, including over $100 million on January 30th, when silver prices fell 27%, marking the largest single-day drop in history. StoneX analyst Ronna OConnell stated, "People are drawn to the allure of silver." She added that silvers appeal was further amplified by its "massive sell-off," with some investors seeing it as a buying opportunity at lower prices.The European-Mediterranean Seismological Centre reports a 5.9-magnitude earthquake in the Cuba region.February 8th - It is understood that although US President Trump has repeatedly claimed that India has pledged to stop purchasing Russian oil, the joint statement between the US and India regarding the trade framework agreement did not mention this. On February 6th, Trump signed an executive order eliminating the 25% tariff on Indian goods and claimed that India had pledged to stop purchasing Russian oil and instead buy American energy vehicles.Takayuki Kobayashi, Policy Research Council Chairman of the Liberal Democratic Party of Japan: The Liberal Democratic Party will expedite deliberations to achieve a reduction in the consumption tax.According to NHK exit polls, the Liberal Democratic Party is projected to win between 274 and 328 seats out of a total of 465 in the House of Representatives.

DOGE Bulls Eye a Return to $0.0780 to Target $0.080 on Twitter Hopes

Skylar Shaw

Dec 26, 2022 16:12

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Dogecoin (DOGE) increased by 0.26% on Saturday. DOGE finished the day at $0.0776 after gaining 0.65% on Friday. Interestingly, DOGE closed the session below $0.0800 for the eighth day in a row.


DOGE saw a mixed day's start, dropping to an overnight low of $0.0767. DOGE increased to a high of $0.0782 in the early evening, avoiding the First Major Support Level (S1) at $0.0762. However, DOGE slipped down to conclude the day at less than $0.0776 after falling short of the First Major Resistance Level (R1) at $0.0788.


On Saturday, Shiba Inu Coin (SHIB) increased by 0.73%. SHIB finished the day at $0.00000832, somewhat correcting a loss of 0.96% on Friday. SHIB finished the day below $0.0000090 for the eleventh session in a row.


SHIB saw a mixed start, dropping to a low of $0.00000823 at mid-morning. SHIB increased to a high of $0.00000835 in the early evening after avoiding the First Major Support Level (S1) at $0.00000818. SHIB fell down to close the day at $0.00000832, falling short of the First Major Resistance Level (R1) at $0.00000838.