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US President Trump: New York City must immediately stop collecting the second home tax.August 11th - With strong demand for cooling and preservation, the ice-making industry has entered its peak production season. Ice plants in many regions are operating at full capacity, experiencing robust production and sales. In Jiashan, Zhejiang, a highly automated "ice factory" is running at full speed, producing various edible ice products to supply supermarkets, convenience stores, and new tea beverage brands in East China. It is reported that the company opened a new factory this year, extending the melting time of ice balls to about 3 hours, and increasing daily production capacity from 150 tons last year to 170 tons. Data shows that as of August 2026, there are already 42,900 ice-related enterprises in China. 11,900 new enterprises were registered in 2025, an increase of 62.08% year-on-year, setting a new high in nearly ten years.US President Trump: An investigation is underway into whether the federal government has the authority to block Mandani from imposing a "second home tax" in New York City.US President Trump: New York City’s apartment tax is a dangerous experiment.On August 11th, the official WeChat account of the Luzhou Municipal Liquor Industry Association announced that its Baijiu Standardization Committee had ceased operations and activities since its establishment, rendering its continued existence unnecessary. To standardize the management of the associations organizations, it was decided to cancel the Baijiu Standardization Committee of the Luzhou Municipal Liquor Industry Association.

XRP Bears Eye a First Visit to Sub-$0.36 Since January on G20 Updates

Cory Russell

Feb 27, 2023 16:02


XRP lost 0.13% of its value on Saturday. XRP finished the day at $0.37786 after losing 2.57% on Friday. XRP fell shy of the $0.38 mark for the second time since January 11 due to the negative session.


The price of XRP rose to a mid-morning peak of $0.37930 during a range-bound morning before reversing. A late bottom of $0.36944 was reached by XRP as it failed to reach the First Significant Resistance Line (R1) at $0.3884. After momentarily breaching the First Significant Support Line (S1) at $0.3705, XRP finished the day at $0.37786.

Bank Anxiety and G20 Reports Decrease Bitcoin Lacking $0.38

Riskier assets have been impacted as a result of Fed dread being rekindled and US economic data from Friday. A rise in US inflation increased predictions of a more active Fed interest rate route to achieve the goal inflation rate. A 50-basis point rate increase is once again on the agenda thanks to the most recent US statistics.


Buyer mood has been put to the test by growing regulation action and legislator comments on cryptocurrencies. The G20 called for a complete worldwide regulation structure on cryptocurrencies on Saturday. Even urging the G20 to contemplate outlawing cryptocurrencies, the IMF.


On the other hand, US Treasury Secretary Janet Yellen shot down the notion of a crypto prohibition, stating, "We haven't proposed explicit outlawing of crypto operations, but it is essential to put in place a robust regulation structure. We collaborate with other countries.


The market found some solace in Yellen's remarks. A G20 decision to outlaw cryptocurrencies would be disastrous for the industry's growth and market.


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