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On February 8, Carl Nicholas, a judge of the U.S. District Court in Washington, D.C., issued an order on February 7, local time, requiring about 2,700 employees who were forced to take administrative leave to return to work. The court order will be valid until February 14. The U.S. Agency for International Development issued a notice on February 4 saying that starting at 23:59 Eastern Time on February 7, all directly employed personnel of the agency worldwide, except for a few designated personnel, will be on "administrative leave."U.S. Geological Survey: A magnitude 5.1 earthquake occurred 222 kilometers south of Padja Alam, Indonesia.Market news: Trump and X reached a settlement in the lawsuit filed over the Twitter ban after January 6.On February 8, the Government of the Peoples Republic of China and the Government of the Kingdom of Thailand issued a joint statement on strengthening the comprehensive strategic partnership and promoting a more stable, prosperous and sustainable China-Thailand community of shared future, with a future-oriented and people-centered approach. It pointed out that in order to promote investment, Thailand is willing to establish a long-term investment partnership with China in the fields of capital market connectivity and cross-border financial commodity circulation, and to carry out research and development cooperation in future, innovative and advanced industries such as artificial intelligence, medical care, environment and electric vehicles. The two sides will speed up the consultation on the Joint Action Plan for the Five-Year Development Plan of China-Thailand Economic and Trade Cooperation (2025-2029) and strive to reach an agreement as soon as possible. The two sides agreed to jointly accelerate the construction of the first phase of the China-Thailand Railway, determine the cooperation model for the second phase as soon as possible, and strive to start the construction of the second phase as soon as possible. Both sides believe that the development concept of China-Laos-Thailand connectivity should be solidly promoted to ensure that the three countries can achieve "seamless connection" as soon as possible.A U.S. judge has ordered that all U.S. Agency for International Development (USAID) employees on administrative leave must remain on leave until at least February 14.

SEC vs Ripple Update Dial-In Details Available for June 7 Conference

Jimmy Khan

Jun 06, 2022 11:59

Ripple and XRP had a busy week. Judge Sarah Netburn set a June 7 conference in response to a May 18 SEC filing and a May 13 Ripple reply.


The May 13 reply came in response to an SEC filing asserting attorney-client privilege shields William Hinman's 2018 speech.


The SEC vs Ripple lawsuit has been in the spotlight this year.

SEC v Ripple Dial-in Option Allows Attendance

James Filan, the defense counsel in SEC v Ripple, posted dial-in data on June 3.


The conference begins at 3pm EST. The tweet states, "USA 877-226-8215 INT 409-207-6982 Code 4713826#."


Stay tuned to @FilanLaw for updates. Calling too early will give you the erroneous code.

The conference's decision might affect SEC v. Ripple and the crypto market.


Hinman said bitcoin and Ethereum aren't securities in 2018.


Ripple Labs filed a compel motion in 2021. Motion demanded SEC speech materials.


Ripple defense lawyer Matthew Solomon objected to the SEC brief, noting that the SEC has filed at least six motions to dispute Ripple's request to compel.


A defense win would allow Ripple Labs to explore the categorization of bitcoin, Ethereum, and other cryptocurrencies.


It remains to be seen if Judge Netburn allows additional SEC filings on the attorney-client privilege.

Tuesday's conference will likely affect XRP.

SEC Case Determined XRP Price

XRP rose 1.82 percent to $0.4023 at press time.


XRP's early morning high was $0.4033.


First Major Resistance Level was $0.3998.

INDICATORS

XRP must avoid the First Major Resistance Level and $0.3946 to retarget $0.4046. XRP needs the crypto market to avoid sub-$0.40.

XRP should challenge $0.41 barrier if it rallies. Third major resistance is $0.4146.


A break below First Major Resistance would result in First Major Support at $0.3898.


XRP should avoid sub-$0.3850 barring another lengthy sell-off. Second major support is $0.3846.


EMAs and 4-hourly candlestick chart are bearish. XRP is below the 100-day EMA at $0.4102. 50-day EMA narrowed to 100-day EMA this morning. 100-day EMA flattened on 200-day EMA, XRP up.


A break of the 100-day EMA would support $0.45. SEC v Ripple will determine the week's direction.