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July 13 - According to the China State Railway Group, in the first half of this year, the national railway system transported a total of 2.348 billion passengers, a year-on-year increase of 5.0%, setting a new record for the same period.Singapore Exchange: Securities market turnover surged 72% year-on-year in June, reaching S$44.6 billion. Derivatives trading volume increased by 31% year-on-year in June, reaching 34.3 million contracts.The yield on Japans 20-year government bonds fell 4 basis points to 3.71%.According to South Korean customs data, imports increased by 17.4% year-on-year from July 1 to 10, while exports increased by 53.9% year-on-year.July 13 (Futures News) – According to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) surged in the week ending July 10, 2026, with the benchmark contract closing up 5.4%, mainly reflecting a strong rebound in international crude oil futures and a strengthening external vegetable oil market. The USDAs soybean oil supply and demand data had a relatively neutral impact on the market. The soybean oil/fuel oil price spread was 153.05 cents per gallon, compared to 164 cents a week earlier, reflecting improved biofuel margins. The USDAs supply and demand report released on Friday showed that the 2026/27 US soybean oil supply and demand remained unchanged, with production at 32.59 billion pounds, a 5.6% increase year-on-year. Soybean oil usage in biofuel production was 17.8 billion pounds, a 22.3% increase year-on-year. Exports were 400 million pounds, significantly lower than the previous years 1 billion pounds. The average annual price was 70 cents per pound, higher than the previous years 64 cents per pound.

ETH to Target $1,800 on ETH Staking Stats and BTC Return to $25,000

Jimmy Khan

Feb 21, 2023 15:19

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On Sunday, Ethereum (ETH) decreased by 0.71%. After losing 0.12% on Saturday, ETH gained 10.89% for the week to close at $1,680. ETH returned to $1,700 for a fourth session in a row.


Following a range-bound morning, ETH increased to a high of $1,727 in the late afternoon before going back down. Before dropping to a low of $1,667, ETH broke through the First Major Resistance Level (R1) at $1,711. Before partially regaining its footing to close the day at $1,680, ETH briefly breached the First Significant Support Level (S1) at $1,677.


Bitcoin's (BTC) price dropped by 1.42% on Sunday. Bitcoin gained 0.21% on Saturday but lost everything on Sunday, rising 11.53% to $24,284. Bitcoin returned to the $25,000 level for the third time in four sessions despite the negative session.


After a range-bound morning, Bitcoin surged to a high of $25,209 in the late afternoon. Before going backward, BTC passed through the First Major Resistance Level (R1) at $24,857 and the Second Major Resistance Level (R2) at $25,082. Bitcoin dropped to a late low of $24,221 after the reversal. At $24,429, BTC breached the First Significant Support Level (S1), closing the day at $24,284. The downside was mitigated by the Second Significant Support Level (S2) at $24,226.

Shanghai Hard Fork Hope Overpowers Fed Fear

There were no updates from engineers working on the Shapella testnet on Sunday. The lack of quiet on Sunday put ETH on the back foot as the anticipated Shanghai hard fork approached.


Yet, the upside was mitigated by market confidence. Updates from the Shanghai hard fork have been good despite delays to the Ethereum Merge. The recent SEC action against US staking services has put stakeholder opinions on the hard fork to the test.


Since the Kraken settlement with the SEC, ETH staking inflows have been inconsistent, generating doubt about whether the Shanghai hard fork would result in an ETH price breakout.


CryptoQuant reports that daily ETH staking inflows reached a low of 4,896 ETH on February 23 before increasing. The inflows peaked at 33,280 EHT on February 14 before declining. The amount of ETH staked as of February 19 was 16,800 ETH.



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