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On May 24th, Mehdi Tajé, president of the Iranian Football Federation, announced on the 23rd that, with FIFAs approval, the Iranian national football teams training base for the World Cup would be moved from the United States to Mexico. In a statement released to the media by the Iranian Football Federation, Tajé said that due to difficulties obtaining visas, the Iranian national team requested FIFA to change its World Cup training base from Tucson, Arizona, to Tijuana, Mexico, and that preparations in Tijuana have been completed. Tijuana is located on the US-Mexico border, approximately 20 kilometers from San Diego, a city in Southern California.May 24th - According to AXIOS, a US official revealed the main contents of the agreement that the US and Iran are about to sign. However, it remains unclear whether the agreement can lead to a lasting peace deal while also meeting Trumps nuclear demands. The US official stated that the White House hopes to resolve the final differences in the next few hours and announce the agreement on Sunday. However, this is not yet finalized. The official provided a detailed summary of the current draft, most of which has been confirmed by other sources close to the negotiations. Iran has not yet confirmed these details, but has also stated that an agreement is close to being reached. ① Main contents: The two sides will sign a memorandum of understanding, valid for 60 days, which can be extended by mutual agreement. During the 60-day period, the Strait of Hormuz will be open without tolls, and Iran agrees to clear its mines deployed in the strait to allow free passage for ships. In exchange, the US will lift the blockade on Iranian ports and issue some sanctions waivers, allowing Iran to freely sell oil. Iran hopes for an immediate unfreezing of funds and a permanent lifting of sanctions, but the US has stated that this will only be achieved after concrete concessions are made. ② Nuclear issue still pending negotiation: The US official stated that the draft memorandum of understanding includes Irans commitment to never seek nuclear weapons and negotiations on suspending its uranium enrichment program and clearing its stockpile of highly enriched uranium. Two sources familiar with the matter said that Iran, through mediators, verbally promised the US the range of concessions it was willing to make regarding suspending uranium enrichment and abandoning nuclear materials. US troops mobilized in recent months will remain in the region for 60 days and will only withdraw if a final agreement is reached. ③ Lebanon ceasefire: The draft memorandum of understanding also clarifies that the war between Israel and Lebanon will end. The US official stated that this will not be a "unilateral ceasefire," and Israel will be allowed to take action to stop Hezbollah if it attempts to rearm or incite attacks.Polish military: Military air operations conducted in Polish airspace in connection with Russian strikes in Ukraine have ceased. No violations of Polish airspace have been recorded.The mayor of Kyiv, Ukraine, said that Russian forces launched a large-scale missile and drone attack on Kyiv in the early hours of the morning, resulting in at least one death and 13 injuries.On May 24th, a White House official in charge of the 2026 FIFA World Cup said on the 22nd that, due to the Ebola outbreak, the Democratic Republic of Congo (DRC) national team must undergo a 21-day quarantine outside the United States before entering the country to participate in the tournament. The DRC team responded that day, stating that they would not change their existing World Cup warm-up match plans.

DOGE and SHIB are under pressure following the SEC's victory over LBRY

Alina Haynes

Nov 08, 2022 16:24

截屏2022-11-08 下午4.07.19.png 

 

Monday was a bearish session, with dogecoin (DOGE) falling for the fifth time in six sessions. The Twitter (TWTR) suspension on the development of the crypto wallet continued to weigh on DOGE as the number of holders moved in the opposite direction. However, technical indications remained optimistic, requiring a rebound to $0.15 for DOGE investors to retarget $0.20.

 

Dogecoin (DOGE) declined 3.07% on Monday. After a 7.79% decline on Sunday, DOGE closed the day at $0.1112. Notably, DOGE avoided falling below $0.10 for the tenth consecutive session while the losing streak extended to three sessions.

 

DOGE reached a morning high of $0.1190 after a bullish start to the trading day. DOGE fell to a late low of $0.1070, falling short of the First Major Resistance Level (R1) at $0.1243 in the process. DOGE temporarily dropped below the First Major Support Level (S1) at $0.1085 before closing at $0.1112.

 

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Shiba inu coin (SHIB) fell 0.34 percent on Monday. Following a 4.98% decline on Sunday, SHIB closed the trading day at $0.00001180.

 

SHIB rebounded from a bearish morning to reach a late-day high of $0.00001211. SHIB fell to a late low of $0.00001150, failing to surpass the First Major Resistance Level (R1) at $0.00001258. SHIB finished the trading session at $0.00001180, avoiding the First Major Support Level (S1) at $0.00001143.

 

DOGE and SHIB were negatively impacted by the overall crypto market's gloomy attitude. Investor apprehension in advance of this week's US data hampered buying appetite. Direction will be provided by US economic indicators, especially the US CPI report for October, retail sales, and consumer confidence.

 

Monday's losses occurred despite a strong session for the NASDAQ Composite Index. The NASDAQ was bolstered by the market's anticipation of the US midterm elections.

 

For DOGE and SHIB investors, Twitter (TWTR) and Elon Musk news remained the primary focus.

 

The unfavorable market reaction to Twitter's decision to halt development of a crypto wallet continues to impact on DOGE buyer interest.

 

Negative reports about advertisers jumping ship remained DOGE. A decline in advertising revenue increases the likelihood of dramatic declines in revenue streams, which could damper the optimistic outlook for DOGE adoption.

 

The current DOGE holding statistics showed the shift in attitude, which supported the price reversal from $0.1587 last week.


While Twitter and Elon Musk news continue to be important drivers, this morning's SEC victory over LBRY put DOGE and SHIB into the red.