EUR/USD 1.08721
0.052%
Gold 2416.29
1.670%
Oil 79.487
0.796%
USD/JPY 155.669
0.178%
GBP/USD 1.27061
0.286%
GBP/JPY 197.801
0.470%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian officials: Life of Iranian President Raisi and Iranian Foreign Minister Amir Abdollahian in danger after helicopter crash. Still holding out hope, but information coming from the crash site is very worrying.Blue Origin: The capsule for the NS-25 mission has landed, welcoming the crew back.A rocket carrying astronauts from Blue Origin, Bezos space company, took off.[The highest temperature in New Delhi, India, exceeds 47 degrees Celsius, and tens of millions of people in India face a water crisis] On the 18th local time, high temperatures continued in northern and western India, and many northern states have entered a state of high alert. The capital New Delhi issued a severe weather alert on the same day. In the past three days, the highest temperature in New Delhi has exceeded 47 degrees Celsius, and the temperature in surrounding areas has also continued to soar. The Associated Press reported that India usually experiences a period of high temperatures before the arrival of the monsoon rainy season in June every year. It is understood that tens of millions of people in India are currently facing a water crisis.[Search and rescue team arrives at the area near the Iranian Presidents helicopter accident] According to the Iranian official news agency, about an hour after the rescuers were informed that "the Iranian President Raisi teams helicopter had an accident", the rescue team arrived at the relevant location and began searching. Iran has currently sent 20 rescue teams and drones to the accident area, but due to the inconvenient transportation, complex terrain and foggy weather in the area, the search and rescue operation will take time.

Crypto Market Daily Highlights: Fed Fear and Regulatory Jitters Weigh

Cory Russell

Feb 28, 2023 15:13

微信截图_20230228105335.png


On Monday, the top ten cryptocurrency index had a split session. While XRP defied the negative pattern, MATIC topped the top ten in losses. For the third session in a row, Bitcoin fell shy of $24,000 due to the negative session.


Short-term early afternoon support came from US economic data and the NASDAQ Composite Index. US orders for core durable products rose by 0.7% in January, correcting a 0.4% drop in December. A 0.1% increase is predicted by economists. The favored Goods Purchases Non-Defense Ex Aviation index of the Federal Reserve rose by 0.8%, correcting a 0.3% decline from December.


The most recent figures from the US, however, are yet more encouraging economic signs, backing a more active interest rate track from the Fed to bring inflation back to goal.


The introduction of a worldwide crypto regulatory structure has added regulatory ambiguity, which has continued to dampen investor interest. Investors were given a preview of what to anticipate by G20 news and G20 post-meeting remarks.


A Forbes story on Binance moving $1.8 billion in user assets to hedge funds on Monday put the market's perception to the test amid intensified regulatory and parliamentary examination. As of the time of writing, CZ, the Leader of Binance, had not commented on the story.


The Day Ahead Buyers should keep an eye on the crypto news channels for any regulation developments and any congressional chitchat. Along with news from the current SEC v. Ripple lawsuit, developments on Binance and FTX are important to take into account.


The midday session will be influenced by US economic data and the NASDAQ Composite Index. There will be a lot of curiosity in the February US consumer sentiment numbers. The Fed would feel more confident making more bold steps to fight inflation if consumer confidence rose.


As a result of decline purchasers providing much-needed assistance, the NASDAQ Composite Index increased by 0.63% on Monday. Today's morning saw a 9-point gain for the NASDAQ mini.

Suggestion