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March 14th - The war between the US, Israel, and Iran has entered its 15th day. According to Li Jiannan, a reporter from the Central Radio and Television Station in Iran, starting early this morning (March 14th) local time, Iran launched another round of strikes against US military bases in Israel and the region, including joint operations with Hezbollah in Lebanon. Iranian political analyst Zaidabadi stated that US President Trumps initial plan was that if a "devastating blow" was inflicted on Iran, the Iranian armed forces would immediately surrender. However, the duration of the war has exceeded US expectations, and its scale and consequences have also exceeded US predictions. The US believed that the use of force could resolve many issues, but Iran will not allow the US to exert its threats and will continue to use force to demonstrate its deterrent power in the Strait of Hormuz region.The Ukrainian military reported that it attacked an oil refinery in Russias Krasnodar Krai.Israeli military: Missiles from Iran detected.Indian government officials: The Indian-flagged liquefied petroleum gas (LPG) carriers INS Shivalik and INS Nandavi have passed through the Strait of Hormuz.March 14th - According to Iranian sources on the 14th, the situation on Kharg Island has been brought under control, and the defense system was restarted shortly after the attack. The deputy governor of Bushehr province stated on the 14th that the United States and Israel launched an attack on Kharg Island in the early hours of the 13th, damaging some military facilities and Kharg Airport. Currently, Kharg Islands oil facilities are intact, oil exports are proceeding normally, and the operations of businesses located on the island have not been interrupted. Despite the attack, the overall situation on the island remains calm, and daily life continues in an orderly and safe manner. He also stated that the attack did not result in any casualties among military personnel, oil company employees, or island residents, and all departments are currently performing their duties and carrying out their daily activities normally.

The Crypto Market Tries to Buck Negative Pressure

Skylar Shaw

Mar 03, 2023 14:19

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Overnight, the market capitalization of cryptocurrencies decreased 1.2% to $1.07 trillion. Since Sunday, this stage has been the center of attention, highlighting the development of the participant's abilities. The dread and avarice measure for cryptocurrencies is once again in the 50s. Since January, indifferent feelings, not dread, are mixing with times of avarice.


Even as it declines to 23k, Bitcoin still finds support, which is a remarkable outcome given the weaker dollar and the deteriorating stock market. The first cryptocurrency is still going strong and successfully battling the powerful forces that caused the Nasdaq100 to regress five weeks ago.


The 50-day moving average and the regional lows from late last week are centered around $22.7K, which appears to be a key warning mark on the road down for Bitcoin. If this support does not hold, February's positive progress will be reversed, and the next significant halt is not anticipated until $21.5K.


Between opposition in the 50-week average (near $1690) and the 50-day average (near $1600), Ethereum is trapped. A swift decline to $1400 could occur if the bears prevail in this small-scale conflict.

Stories from the past

France is about to make it harder for bitcoin businesses to obtain licenses. A new set of rules for the licensure and registering of bitcoin businesses have been passed by the nation's lower chamber of government. If the measure is approved, the modifications would start to apply in July 2023.


A uniform set of standards will be developed to boost customer trust in digital assets, according to the Stablecoin Standard group, which consists of the largest stablecoin producers.


Following the announcement of a collaboration with Meta and Telefónica as part of the Metaverse Activation Plan effort, the GMM cryptocurrency of the Gamium blockchain project increased by 650%. The two titans' collaborative initiative seeks to support and grow businesses in the Metaverse and Web3 area.