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On January 22, a few hours after Trump was sworn in as the President of the United States, the new government shut down the Spanish page of the official White House website, which currently displays "404". White House Chief Deputy Press Secretary Harrison Fields responded on Tuesday that the government "is working to restore the Spanish translation of the website." Trump issued a large-scale executive order on Inauguration Day, including launching an action to crack down on illegal immigration. According to estimates by the U.S. Census Bureau in 2023, approximately 43.4 million Americans speak Spanish as their first language, accounting for 13.7% of the U.S. population aged 5 and over. "This sends a signal that we Hispanics are others and a less important part of this country," said brand and communications strategist Monica Rivera.Futures News on January 22: 1. The trading volume of WTI crude oil futures was 1,603,840 lots, an increase of 621,897 lots from the previous trading day. The open interest was 1,867,573 lots, an increase of 10,068 lots from the previous trading day. 2. The trading volume of Brent crude oil futures was 275,106 lots, an increase of 130,174 lots from the previous trading day. The open interest was 177,119 lots, an increase of 2,545 lots from the previous trading day. 3. The trading volume of natural gas futures was 657,715 lots, a decrease of 95,928 lots from the previous trading day. The open interest was 1,602,377 lots, a decrease of 15,722 lots from the previous trading day.Masato Kanda, former chief foreign exchange officer of Japan: Excessive foreign exchange fluctuations need to be corrected.On January 22, the Hong Kong-Zhuhai-Macao Bridge Authority learned that during the 2025 Spring Festival holiday, the Hong Kong-Zhuhai-Macao Bridge will waive tolls for small passenger cars with 7 seats or less (including the drivers seat). The specific free period is from 00:00 on January 28, 2025 (New Years Eve) to 24:00 on February 4 (the seventh day of the first lunar month), a total of eight days. Qualified small passenger cars can enjoy the free passage policy through the electronic automatic toll lane (national standard ETC, Hong Kong Autopass users) or the manual toll lane.Chairman of the Japan Petroleum Association: Due to the stable supply of crude oil in the Middle East and its compatibility with Japanese refineries, we are unlikely to increase purchases of U.S. oil immediately.

Crypto Market Daily Highlights: BTC Delivered Market Support

Skylar Shaw

Mar 06, 2023 17:01

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The bitcoin top ten had a varied practice on Sunday. XRP, BNB, and ETH suffered, while MATIC topped the list of ten. In spite of the positive session, Bitcoin missed $23,000 for the second day in a row.


On Sunday, there were no crypto-related activities to divert buyers. Dip purchasers were forced to come back from the periphery by the dearth of events. The market, however, remained range-bound and only made moderate gains as a result of investor apprehensions regarding Silvergate Bank and attitudes toward increasing legislative and regulatory surveillance.


Investors now face regulation ambiguity and greater governmental inspection, which was made easier by the reduction in Fed Fear. The G20 is attempting to implement regulation changes to fight unethical crypto practices and reduce the dangers cryptos pose to financial security in response to the fall of FTX, which has given the anti-crypto side of the debate a stronger position.


The cryptocurrency marketplaces will have a hectic week this week. With the "first-ever Senate session centered on the pressing need to clamp down on the increasing environmental effects of crypto mining," Bitcoin mining will be a heated subject on Capitol Hill on Tuesday.


We anticipate learning more about FTX, Silvergate Bank, and Binance. A message to CEO CZ from US legislators last week specifically mentioned Binance. According to the letter, the site helped crooks and sanction evaders receive over $10 billion in funds.


Investors will discreetly hope that Ripple makes excellent headway in the current SEC v. Ripple lawsuit despite the increased monitoring. A win for Ripple might relieve pressure on the cryptocurrency market, especially if the Hinman Papers become public knowledge.


Investor attention will continue to be focused on the Day Ahead Binance, FTX, and Silvergate Bank reports, as well as regulation action and US legislator talk.


Prior to Fed Chief Powell's statement on Tuesday and Wednesday, investors should pay attention to what the FOMC members are saying. A bullish shift would hurt the NASDAQ Composite Index and strengthen the hands of the cryptocurrency investors. This morning, the NASDAQ mini was down 20 points.