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On November 9th, local time, Ukrainian President Volodymyr Zelensky signed a new sanctions decision, imposing sanctions on several Russian government officials and institutions. Ukraine called on the international community to increase pressure on Russia and sanction all individuals and organizations that fund war and spread disinformation. Ukraine stated that this round of sanctions includes "Russian government members involved in the plunder of occupied Ukrainian territories" and personnel from Russian military intelligence. Ukraine also plans to take further measures against publishing institutions within Russia engaged in war propaganda and defense of aggression. According to Ukrainian sources, the sanctions list includes individuals such as Russian Presidential Special Representative Kirill Dmitriev.Iraqs State Oil Marketing Organization (SOMO) announced that Iraq has set its official selling price for December Basra medium crude oil to Asia at a discount of $0.35 to the average price of Oman/Dubai crude oil.November 9th - According to Japans TBS News, a 5.6-magnitude earthquake struck off the eastern coast of Honshu, Japan, at 6:28 PM local time on the 9th, with a focal depth of 10 kilometers. The epicenter was located off the coast of Sanriku, and Morioka City in Iwate Prefecture experienced noticeable tremors with an intensity level of 3. A 6.7-magnitude earthquake had just struck the same area at approximately 5:03 PM local time on the 9th, triggering a tsunami. According to the latest observations, the tsunami has reached several locations in Iwate Prefecture, including Miyako, Kuji Port, and Ofunato. No casualties have been reported so far.November 9th - This morning, the Navys 83rd Fleet, consisting of the warships Qi Jiguang and Yimengshan, successfully completed its long-range training and visit mission and returned smoothly to Dalian. At 10:00 AM, the two warships slowly docked, and officers, sailors, and their families came to the pier to welcome them. The 83rd Fleet, composed of the Qi Jiguang and Yimengshan, set sail on September 26th, navigating the Yellow Sea, East China Sea, and South China Sea. During the voyage, it organized a ship open day in Hong Kong and visited Cambodia, Thailand, and Singapore, covering a total distance of approximately 8,000 nautical miles over 45 days.Russian Defense Ministry: Russian troops are conducting offensive operations in Milnograd, Ukraine.

DOGE and SHIB Come Under Pressure on News of SEC Win Over LBRY

Cory Russell

Nov 08, 2022 16:28

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Dogecoin (DOGE) decreased by 3.07% on Monday. DOGE dropped 7.79% on Sunday, closing the day at $0.1112. Notably, DOGE extended the losing skid to three sessions despite avoiding sub-$0.10 for the tenth straight session.


The day got off to a strong start with DOGE rising to an early morning high of $0.1190. DOGE fell to a late low of $0.1070 after failing to surpass the First Major Resistance Level (R1) at $0.1243. Before closing the day at $0.1112, DOGE briefly breached the First Major Support Level (S1) at $0.1085.


On Monday, Shiba Inu Coin (SHIB) fell by 0.34%. Sunday saw a loss of 4.98% for SHIB, who closed the day at $0.00001180.


After a down morning, SHIB recovered to reach a late high of $0.00001211. SHIB declined to a late low of $0.00001150 after falling short of the First Major Resistance Level (R1) at $0.00001258. SHIB completed the session at $0.00001180, however, avoiding the First Major Support Level (S1) at $0.00001143.


DOGE and SHIB suffered from the general crypto market's sour mood. This week's US reports put investors' desire for buying to the test. The US CPI report for October, retail sales, and consumer confidence will all be important indications of the US economy.


Despite a strong NASDAQ Composite Index session on Monday, there were losses. NASDAQ received assistance from the market's perception of the US midterm elections.


Investors in DOGE and SHIB, meanwhile, continued to focus on news from Twitter (TWTR) and Elon Musk.


The market's negative reaction to Twitter's decision to postpone the development of a cryptocurrency wallet continues to dampen interest in purchasing DOGE.


Advertiser reports of leaving DOGE remained unfavorable. The likelihood of abrupt revenue stream declines due to a decline in advertising revenue increases, which could temper the positive assumption of DOGE adoption.


The price reversed from last week's high of $0.1587 as a result of the change in mood, which was represented in the most recent DOGE holding statistics.

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