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On September 18th, according to data from the third-party travel platform "Flight Manager," the civil aviation industry is expected to operate a total of 219,000 passenger flights during the Mid-Autumn Festival and National Day holiday in 2026 (September 25th to October 7th), averaging over 16,800 flights per day, a year-on-year increase of 2%. Airfares have also risen. According to Flight Managers booking data, as of September 17th, the average booked price for domestic economy class tickets during the 2026 National Day holiday is approximately 973.7 yuan, a year-on-year increase of 9%. Looking at price trends, the long holiday has accelerated travel, with peak passenger flows relatively dispersed, and some routes still offering price advantages during the holiday. The official direct sales platform of TravelSky shows that, as of now, routes such as Beijing to Taiyuan, Hulunbuir, Changchun, and Lanzhou; Shanghai to Qingdao, Shijiazhuang, Wuhan, Changsha, and Chengdu; and Guangzhou to Zhanjiang, Jieyang, Fuzhou, Changsha, Qionghai, and Sanya all have tickets available for around 300 yuan during the National Day holiday. The extended holiday has also further fueled the outbound tourism market. This years National Day and Mid-Autumn Festival holidays saw a surge in cross-border travel demand across various destinations, with both long-distance and short-distance destinations experiencing a rise in popularity.On September 18th, ten departments, including the Ministry of Culture and Tourism and the National Development and Reform Commission, issued "Several Measures to Promote RV Consumption," which includes implementing an RV consumption promotion campaign. The measures encourage eligible regions to improve their RV consumption promotion policies, promote new RV lifestyles, cultivate an RV consumption culture, and raise the level of RV consumption. Regions with car purchase restrictions are encouraged to optimize RV management measures, shifting from purchase management to usage management. Pilot cities for automobile circulation and consumption reform are supported in including RV consumption promotion as a reform task, and pilot cities for new consumption formats, models, and scenarios are encouraged to include eligible RV campsites and other consumption scenarios in their support scope. Support is given to including RV campsites in tourism promotion activities, promoting coordinated discounts between campsite consumption and surrounding consumption formats. RV-friendly destinations will be launched in batches.On September 18th, ten departments, including the Ministry of Culture and Tourism and the National Development and Reform Commission, issued "Several Measures to Promote RV Consumption," which mentions strengthening the supply and management services of RV tourism products. It guides eligible regions to integrate cultural and tourism resources to create a number of distinctive RV tourism routes. It encourages tourism enterprises to integrate resources related to RV sales, rentals, and travel to launch customized tourism products and cultivate and expand the RV consumption market. It also promotes the development of high-quality self-driving tourism roads, with parking areas and viewing platforms along the routes taking into account the parking needs of RVs. Furthermore, it regulates RV camping behavior, addressing issues such as illegal use of open flames, illegal parking, unauthorized construction, illegal connections to water and electricity, littering, and damage to public facilities and green spaces, while advocating for Leave No Trace camping.According to South Korean media reports, South Korea has secured 70% of its crude oil supply for November and has secured more than 90% of its crude oil supply for September and October.EDF (Électricité de France) plans to build 10 small modular reactors (SMRs) for nuclear power generation in Europe by 2035, a project worth tens of billions of euros. One SMR is planned for Italy, with a target completion date of 2035.

XRP Finds Relief on Binance News to Bring $0.40 into View

Skylar Shaw

Nov 15, 2022 16:48

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Monday saw an increase in XRP of 10.76%. XRP finished the day at $0.37691, reversing a loss of 6.07% from the previous day. Notably, XRP avoided the red for the second time in 10 sessions and finished the day below $0.40 for the sixth straight session.


XRP fell to an early low of $0.3210 due to a bearish start to the day. At $0.3259, XRP breached the First Major Support Level (S1). The market's response to the news that Binance had started a recovery fund, however, caused XRP to reach a late high of $0.37899. At $0.3616, the First Major Resistance Level (R1) was reached by XRP, which it overcame to end the day at $0.37691.


FTX was still the dominant topic heading into the Monday session. The market was still gripped by contagion anxiety, which caused XRP to drop below $0.33 for the first time in five sessions. The Binance news, however, encouraged an XRP and broader-based cryptocurrency rebound.


Investors anticipate that the recovery fund will lessen the market's overall impact of the FTX crash. Updates from the SEC v. Ripple case continued to strengthen the price of XRP.

The court grants requests to file amicus briefs by November 18

On Monday, a court decision disfavored the SEC. Judge Torres allowed requests for the Association, six XRP holders, Coinbase, the CCI, Valhil, Cryptillian, Veri DAO, Reaper Financial, InvestReady, NSEI, and Paradigm to submit formal briefs by November 18 in their court cases.


The SEC had moved for a November 11 deadline for all Amicus Brief submissions prior to the Court's ruling. The most recent Court decision implies that the Amicus Briefs might have an impact on the Court.


The rally on Monday was sparked by the news of the Binance recovery fund, but the court's ruling on Monday confirmed those who had predicted Ripple would prevail in its legal battle with the SEC.