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On January 8th, it was reported that Colombian President Petro Perez and US President Donald Trump spoke by phone on January 7th local time. The Colombian Foreign Ministry confirmed that the call lasted approximately 15 minutes.On January 8th, the National Healthcare Security Administration issued a notice on vigorously promoting convenient payment methods such as facial recognition payment, one-code payment, mobile payment, and credit payment, addressing pain points and bottlenecks related to medical treatment and payment. The notice aims to accelerate the implementation of these methods in various medical scenarios and strive to fully establish a convenient medical insurance payment system within approximately three years. According to the notice, the first batch of pilot cities should include at least two cities in each province. Each province must ensure that the first batch of pilot areas and designated medical institutions are effectively implemented by 2026, achieve basic full coverage of all coordinated areas within the province by 2027, and fully implement the system in all eligible designated medical institutions within the province by 2028.Japans overtime pay rose 1.2% year-on-year in November, up from 1.5% in the previous month.Japans November labor cash income rose 0.5% year-on-year, below the expected 2.30% and the previous figure revised from 2.60% to 2.50%.January 8th - According to reports on January 7th local time, European natural gas inventories have fallen to their lowest level since the outbreak of the Russia-Ukraine conflict. Current inventories are far below the five-year average, less than 60%, and the EU may face the risk of a natural gas shortage. According to data from the European Gas Infrastructure Association (GLE), as of January 4th, the storage capacity of underground natural gas storage facilities in Europe was only 59.9%. This level typically only occurs at the end of January in previous winters and is about 13% lower than the average for early January over the past five years. Gazprom warned that the EU may face a natural gas shortage due to the abnormally rapid decline in natural gas reserves in underground storage facilities this heating season.

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.


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