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On April 25, Iranian President Peskov stated during a visit to the Ministry of the Interior and a video conference of provincial governors that the attacks and blockades targeting infrastructure by hostile forces in Iran are intended to incite public discontent, and Iran must prevent this from being achieved. In his speech, he thanked local officials for their work and called on the public to conserve electricity and reduce energy consumption. He stated that while other sacrifices may not be necessary at present, it is essential to strengthen control over electricity and energy use.On April 25, Irans Tasnim News Agency quoted a spokesperson for the central headquarters of the Iranian Armed Forces, Hatam Anbia, as saying that if the US military continues its blockade, looting, and piracy activities in the region, it will inevitably face a response from Irans powerful armed forces.According to Saudi Arabias Al Arabiya TV, Iranians prefer to negotiate with US Vice President Vance.On April 25, Ukrainian President Volodymyr Zelensky arrived in Azerbaijan for a working visit and held a formal meeting with Azerbaijani President Ilham Aliyev in Gabala. The meeting focused on two core issues: measures to end the conflict in Ukraine, and the feasibility of holding the next round of Ukraine-Russia peace talks in Azerbaijan. During the meeting, Zelensky clearly stated that Ukraine is willing to restart trilateral negotiations with the US and Russia to promote de-escalation through diplomatic means.Azerbaijani President: Discussed energy and military-industrial cooperation with Ukrainian President Zelensky.

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

Skylar Shaw

Sep 20, 2022 14:27

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On Monday, cryptocurrency prices hit new lows as a result of regulatory worries and a general investor reluctance to engage in risky assets due to impending interest rate increases.


By market value, Bitcoin, the most valuable cryptocurrency, dropped almost 5% to a three-month low of $18,387.


The second-largest cryptocurrency, ethereum, lost 3% to a two-month low of $1,285 and had lost more than 10% in the previous day. The majority of the smaller tokens had larger losses.


Over the weekend, a significant update to the Ethereum blockchain—which supports the ether token—called the Merge changed how transactions are handled and reduced energy consumption.


The value of the token has decreased amid rumors that comments made last week by Gary Gensler, chairman of the U.S. Securities and Exchange Commission, suggested the new structure would draw further regulation. The upgrades' surrounding trades were likewise unwound.


The regulatory outlook is guesswork, according to Matthew Dibb, COO of Singapore's Stack Funds cryptocurrency platform.


Since the Merge, the markets have shed a lot of their excitement, he said. Given the uneasy global background, he said, "It's truly been a sell-the-news sort of event," and predicted that ether will test $950 in the near future.


"From a basic and technological standpoint, the current situation does not appear promising. There isn't a clear quick positive trigger that will support these markets and inject a ton of fresh cash and liquidity, in our opinion.

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