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On March 13th, Didi Chuxing released its Q4 and full-year 2025 financial results on its official website. In Q4, Didis core platform (China ride-hailing and international business) saw a 13.5% year-on-year increase in order volume to 4.844 billion orders, with daily average orders reaching 52.65 million. Specifically, China ride-hailing increased by 10.1% year-on-year to an average of 38.9 million orders per day, while international business increased by 24.5% to an average of 13.75 million orders per day. During the same period, the core platforms Gross Transaction Value (GTV) increased by 19.9% year-on-year to RMB 123.8 billion. China ride-hailing and international business increased by 11.2% and 47.1% year-on-year to RMB 87.2 billion and RMB 36.6 billion, respectively. Didi achieved an adjusted net profit of RMB 530 million in Q4. For the full year of 2025, Didis core platform saw a 14% year-on-year increase in order volume, reaching 18.24 billion orders. The core platforms full-year GTV increased by 14.8% year-on-year to RMB 450.8 billion. Didis adjusted EBITA for the full year of 2025 reached RMB 3.67 billion.On March 13th, it was reported that since 2025, the State Administration for Market Regulation, in order to curb counterfeit and substandard products in the online sales sector and protect the consumer rights of the people, has organized a pilot program for assigning codes to 10 key online sales products. Ten e-commerce platforms, including Taobao, Kuaishou, Pinduoduo, Douyin, JD.com, Suning.com, Xiaohongshu, Dewu, Vipshop, and Tencent, jointly launched an initiative, voluntarily fulfilling their commitments and strengthening the management of coded and verified products listed on the platform, using power banks as a starting point. Positive progress has been made. To date, 1,129 manufacturers of power banks, childrens shoes, and other products have completed source coding, forming digital product identifiers that record key product information and are displayed on the product itself or its packaging. This connects all stages of production, distribution, and consumption, forming a traceable data chain and providing a solid data foundation for penetrating supervision.The European Union has called for an assessment of the International Energy Agencys decision this week regarding its impact on supply security over the medium term.On March 13, Reis Zadeh, head of Irans National Medical Council, stated that over 20 Iranian hospitals had been attacked in the recent conflict between the US, Israel, and Iran, resulting in the deaths of several healthcare workers. Zadeh said that although medical centers, healthcare personnel, and rescue workers enjoy immunity under international law during wartime, the recent attacks by the US and Israel on more than 20 hospitals, medical centers, and emergency medical centers have led to the deaths of several healthcare workers. Iran strongly condemns this blatant violation of international humanitarian law and military action targeting vital medical lifelines.The European Commission, in a meeting with the EU Gas and Oil Coordination Group, stated that gas storage facilities should not be replenished at any cost.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.