• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 13 – The Public Relations Department of the Iranian Islamic Revolutionary Guard Corps (IRGC) announced today (March 13) that the IRGC launched the 44th wave of Operation True Commitment 4 in the early hours of today. During the operation, Iran launched numerous precision-guided weapons, including the Khorramshahr, Khaibir Shekan, Fatah, Imad, and Qader, as well as heavy missiles and precision-guided drones, targeting Israeli military bases in Kiryatshmona, Hedra, and Haifa in northern Israel, as well as the US Fifth Fleet and other US military bases in the region.On March 13th, the Economic Daily published an article pointing out that this years government work report, for the first time, included stabilizing the housing and stock markets in its overall requirements, proposing greater efforts to promote their healthy development. This again highlights the important position of the stock market and reflects the attitude and determination of the Party Central Committee and the State Council to stabilize it. From "activating the capital market" and "striving to boost the capital market" to stabilizing the stock market, what has changed is the specific deployment for building and developing a sound stock market; what remains unchanged is the high importance attached to the stock market, the accurate grasp of the current economic situation, and the far-sighted planning for future development. Currently, my countrys economic and social development faces multiple tasks, including promoting reform, improving peoples livelihoods, and strengthening confidence. A stable and healthy stock market is urgently needed to stabilize development confidence, boost social expectations, and safeguard economic growth.As of 09:30 Beijing time, WTI crude oil futures fell 0.78%, while US natural gas futures remained unchanged.March 13th - To further promote cross-border e-commerce exports, the General Administration of Customs has decided to promote a cross-customs-zone return model for cross-border e-commerce retail export goods nationwide. The relevant matters are hereby announced as follows: 1. Cross-customs-zone returns are only applicable to cross-border e-commerce retail export goods (“9610 model”). 2. Cross-border e-commerce retail export goods can be returned across customs zones, but returned goods are only permitted to be returned to the customs-supervised operating area (site) where cross-border e-commerce retail export business is conducted. 3. Enterprises conducting cross-customs-zone return business for cross-border e-commerce retail exports should operate in a standardized manner and possess independent operational functional areas. Relevant production and operation system data should be open to customs or connected to the customs information system. This announcement will take effect on April 1, 2026. Matters not covered herein shall be handled in accordance with current customs regulations.The Peoples Bank of China (PBOC) announced today that it conducted 37.5 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 37.5 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.

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.