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On January 18th, thousands of Danish residents held a demonstration in Copenhagen, the capital, on the 17th to protest the United States attempt to control Greenland. Some of the demonstrators were from mainland Denmark, while others were from Greenland. Around noon, the march began at Copenhagens City Hall Square and proceeded to the US Embassy in Denmark, about two kilometers away. The demonstrators held signs reading "Greenland Not for Sale" and "Americans, Get Out," chanting slogans to express the Danish peoples united stance against the USs attempt to seize the island.1. Russia says it hopes to resume the prisoner-of-war exchange process between Russia and Ukraine. 2. Zelensky: The Ukrainian delegation has arrived in the United States. 3. Zelensky orders the import of electricity and additional power equipment to be expedited as much as possible. 4. Zelensky: Energy repair work is underway in almost all regions of Ukraine. 5. Russian Ministry of Defense: Russian forces have taken control of Priluki in the Zaporizhzhia region of Ukraine. 6. The Russian Ministry of Defense reports that Russian forces have struck energy and transportation infrastructure used by the Ukrainian army, as well as temporary deployment points of the Ukrainian armed forces and foreign mercenaries.January 18 - As tensions continue in Minneapolis, Minnesotas largest city, Minnesota officials announced on the 17th that the states National Guard was on "standby." That day, pro-immigrant and anti-immigrant groups clashed in downtown Minneapolis.JPMorgan Chase confirmed that US President Trumps statement that he did not offer CEO Jamie Dimon the position of Federal Reserve Chairman was true.Gaza Situation: 1. Israel issued an ultimatum to Hamas: disarm within two months. 2. Canadian Prime Minister Carney has received an invitation from US President Trump to join the Gaza Peace Committee, and he plans to accept the invitation. 3. The Israeli Prime Ministers Office: The US decision to declare the Gaza Executive Committee subordinate to the Peace Committee was made without coordination with Israel and contradicts Israeli policy. Israel will raise this issue with the US Secretary of State. Iran Situation: 1. Iranian Armed Forces Chief of Staff: Hostile forces are distorting the facts through the media. 2. Iranian Supreme Leader Khamenei: We will not drag the country into war, but we will not let criminals, both domestic and foreign, go unpunished. 3. Text messaging in Iran was restored on the evening of the 16th local time; internet connections will be gradually restored in stages. 4. Iranian Supreme Leader Khamenei stated that the US instigated and orchestrated the unrest in Iran, and Trump is guilty. Other: 1. US-led coalition warplanes flew over the conflict zone in northern Syria, dropping warning flares. 2. The Syrian Democratic Forces (SDF) announced their withdrawal from the "contact zone" in Aleppo province. 3. The Syrian government forces claimed control of two oil fields in the north. 4. The U.S. Central Command urged the Syrian army to cease its offensive operations between Aleppo and Tabqa in northern Syria. 5. The Iraqi Ministry of Defense announced that U.S. troops had withdrawn from the Ain al-Asad Air Base in Iraq, and Iraqi forces had taken full control.

Crypto Market Daily Highlights – SOL and XRP Lead the Top Ten Reversal

Skylar Shaw

Oct 25, 2022 15:40

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The top ten cryptocurrency index had a gloomy start to the week. The road down was headed by ripple (XRP) and solana (SOL). BTC avoided sub-$19,000 for a third session despite the negative session, but it fell short of $20,000 for the seventeenth day in a row.


Riskier assets were under pressure this morning as a result of market response to Xi Jinping being elected to a third term as president and having a cabinet full of supporters. The immediate worries continue to include Xi's backing of Vladimir Putin, China's stance on Taiwan, and its zero-tolerance approach to COVID-19.


The US and EU private sector PMIs contributed to the pessimistic mood. The Eurozone Composite PMI decreased to 47.1, a 23-month low. The US services PMI dropped significantly from 49.3 to a two-month low of 46.6, increasing the risk of a US recession.


However, the lower PMI figures for the private sector had little effect on public opinion of Fed monetary policy. The FedWatch Tool estimated the likelihood of rate increases in November and December to be 95.5% and 54.9%, respectively, as of this morning. The probability of a December 75-basis point increase was 45.6% a day ago.


The next day's events will be influenced by US consumer confidence data. Despite the NASDAQ 100 gaining by 0.80% on signs that the Fed is slowing the economy, the crypto market declined on Monday. The Fed may be able to let off the throttle if the economy weakens.

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