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Heathrow Airport: Efforts are continuing to address and restore the impact of Fridays Collins Aerospace system outage, which affected check-in services. Working with airlines, the vast majority of flights continue to operate as normal.On September 21st, the UK Ministry of Defence reported that Royal Air Force fighter jets were patrolling over Poland. British fighter jets began carrying out NATO air defense missions to strengthen European security. On the night of the 9th, a large number of drones entered Polish airspace, prompting the Polish military to respond and shoot down some of them. The Polish government claimed the drones were from Russia, but Russia stated that it could not yet make such a conclusion. British Prime Minister Starmer stated that "Russias actions are a direct threat to European security." British Defense Secretary Healey stated that "NATO stands united, and the UK will do its part. When threatened, we will respond together." On the 12th, NATO Secretary-General Mark Rutte announced that NATO is deploying the Sentinel East system to strengthen its defense posture on its eastern flank. The system will integrate military resources from several allies, including Denmark, France, the UK, and Germany. On the 14th, the Polish president signed a resolution approving the deployment of NATO troops on Polish territory.On September 21st, "Mount Everest on the Cloud" issued a report: On September 20th, the video of the fireworks show "Cai Guo-Qiang: Rising Dragon" was released online, attracting widespread attention. The Shigatse Municipal Party Committee and Municipal Government attached great importance to the incident and immediately dispatched an investigation team to the scene for investigation. The investigation will be handled in accordance with the law and regulations based on the results.On September 21st, Qatar submitted a formal letter to the International Civil Aviation Organization (ICAO) complaining about the recent Israeli attack on the Qatari capital, Doha. Qatars Permanent Representative to the International Civil Aviation Organization, Abdullah Malki, submitted the letter to the ICAO Council that same day. Qatar stated in the letter that the Israeli airstrike on Doha was a blatant violation of Qatars sovereignty and a serious violation of the Convention on International Civil Aviation. Qatar reserves the right to take retaliatory measures in accordance with international law.On September 21, the Russian Ministry of Defense reported on the 20th that the Russian army launched a large-scale attack on the Ukrainian military-industrial complex. On the same day, the General Staff of the Ukrainian Armed Forces announced that Ukrainian drone forces attacked multiple strategic targets in Russia.

XRP Bears to Target Sub-$0.3650 on SEC Activity and Fed Fear

Alice Wang

Feb 15, 2023 16:12

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Tuesday saw an increase in XRP of 3.13%. Reversing a Monday decline of 1.14%, XRP finished the day at $0.38228. Since January 13, XRP has twice gone below $0.37.


XRP saw a negative start to the day, dropping to a low point of $0.36491 early on. After avoiding the First Major Support Level (S1) around $0.3624, XRP surged to a high of $0.38373 in the last hour. To close the day at $0.38228 XRP successfully overcame the First Major Resistance Level (R1) at $0.3787.

US Legislators Question Gensler's Strategies

There were no new developments in the SEC v. Ripple lawsuit on Tuesday that may have changed market sentiment. Following SEC actions against Kraken, staking services, Paxos, and Binance USD, US politicians offered relief (BUSD).


Gary Gensler and the SEC were the subject of increased scrutiny on Tuesday in the aftermath of the FTX bankruptcy.


A hearing titled Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets was conducted on Tuesday by the Senate Banking Committee. Gary Gensler and the SEC's shortcomings were brought to light by concerns about their regulation through enforcement and lack of SEC advice to crypto companies.


Legislators noted Gensler's appearances on morning talk programs and called for him to testify as soon as possible.


Investors saw the emphasis on Gensler and the SEC's enforcement-based regulation as advantageous, supporting a bullish day. The timing of Gensler's strategies is crucial for the SEC since Judge Torres, who is presiding over the case, is now in charge of the SEC v. Ripple.


The cryptocurrency markets will be hoping that Ripple succeeds so that US politicians are forced to take action against the SEC Chair. More crucially, the CFTC may take control if the records relating to the William Hinman speech are made public.


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