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• Avalanche price analysis: AVAX slumps toward $14.00 as bears take over

  TL;DR Breakdown Avalanche price analysis shows a downtrend today. AVAX has lost 4.00 percent in the past 24 hours. Support for AVAX is located at the $14.00 level. Avalanche price analysis shows a  bearish momentum in the market for AVAX, with the price dropping toward $14.00. The bears have taken over since yesterday’s high at $14.72, and the market continues to decrease in value. As of writing time, AVAX is exchanging hands at $14.12, down 4.00 percent. AVAX has established support at the $14.00 level, which is expected to offer buyers an opportunity to enter the market at a discounted price and possibly extend its gains in the future. However, if the bears can keep up their momentum, AVAX may break below this level and head toward its next support at $13.00. On the upside, the bulls will have to overcome strong resistance levels of $14.71 and $15.00 if they want to take control of the market. Unless buyers can push past these levels, AVAX will likely remain rangebound between $14.00 and $15.50 in the near term. AVAX has a…

  Article 2023年5月26日

• China’s Xi Jinping takes center stage in BRICS summit

  Description The recent BRICS summit, hosted by South Africa’s Cyril Ramaphosa, witnessed a significant transformation as the emerging-markets bloc decided to more than double its membership. While the formal host of the event was Ramaphosa, it was the Chinese President Xi Jinping who truly commanded the spotlight. With an air of special treatment and distinct honor, … Read more The recent BRICS summit, hosted by South Africa’s Cyril Ramaphosa, witnessed a significant transformation as the emerging-markets bloc decided to more than double its membership. While the formal host of the event was Ramaphosa, it was the Chinese President Xi Jinping who truly commanded the spotlight. With an air of special treatment and distinct honor, Xi Jinping’s presence resonated throughout the summit, demonstrating China’s growing influence on the global stage. An Unprecedented Welcome: Xi Jinping’s South African Sojourn From the moment Xi Jinping arrived for the summit, it was evident that he was accorded exceptional attention. The Chinese leader’s early arrival earned him a state visit privilege, including the induction into South Africa’s distinguished ‘Order of South Africa’. This reception, a…

  Article 2023年8月27日

• U.S. banks are calling social media a nightmare – Why?

  TL;DR Breakdown The collapse of Silicon Valley Bank (SVB) due to social media rumors has prompted U.S. banks to reassess the risks associated with social media. Banks are integrating social media into their risk management plans, focusing on immediate responses to customer complaints and countering online misinformation. In the digital age, American banks are grappling with a fresh menace – social media. A Twitter-fueled bank run that led to the demise of Silicon Valley Bank (SVB) two months ago has sent tremors through the industry, pushing banking executives to devise robust strategies against similar cyber threats. Contents hide 1 Turning point: Silicon Valley Bank 2 Adapting to a new risk environment 3 Community engagement: A buffer against misinformation 4 Regulatory scrutiny and the way forward Turning point: Silicon Valley Bank SVB’s collapse has been a turning point for U.S. financial institutions, showcasing how a ripple of online concern can morph into a tsunami of fear, affecting deposit withdrawals and stock market stability. The unprecedented incident saw depositors yanking out $1 million per second from SVB, leading to its downfall within…

  Article 2023年5月19日

• Polkadot price analysis: DOT crashes to $5 support after latest decline

  TL;DR Breakdown . Polkadot price declined 4 percent today . Price dropped as low as $4.90 . DOT set to continue to test support at $5 Polkadot price analysis shows a continuation of the downtrend in place, as price dipped another 3 percent to fall as low as $4.90 over the past 24 hours. Having recovered back up to $4.99 at the time of writing, DOT has declined more than 10 percent since the start of June. Polkadot price is set to continue to test support at the $5 mark, whereas the immediate resistance point is set at $5.5 which was the high on May 28. Over the past 24 hours, DOT trading volume dropped slightly, indicating a bearish trend, whereas the token’s market capitalisation dropped 4 percent to $6,624,378,804. The larger cryptocurrency market also continued to trend downwards, as Bitcoin dropped to $26,200 with a 3 percent decrement, and Ethereum declined in a similar way to move down to $1,800. Among leading Altcoins, Ripple lost 2 percent to move down to $0.51, while Cardano dropped a massive 9 percent…

  Article 2023年6月13日

• U.S. and South Africa are fighting over Russia – Details

  TL;DR Breakdown A diplomatic rift has occurred between the U.S. and South Africa, ignited by allegations made by U.S. Ambassador Reuben Brigety accusing South Africa of facilitating Russian arms dealings via the “Lady R”, a Russian merchant ship. The South African Department of International Relations and Cooperation (DIRCO) countered these claims, emphasizing that no arms sales to Russia were sanctioned during the time in question. South African President Cyril Ramaphosa initiated an independent inquiry to uncover the truth and reaffirmed South Africa’s non-aligned stance, expressing refusal to be drawn into disputes between global superpowers. The geopolitical landscape is heating up as the U.S. and South Africa find themselves in a diplomatic tussle, sparked by startling allegations over possible armament support to Russia. The center of this controversy is the “Lady R”, a mysterious merchant ship that has instigated a whirlwind of debate and diplomatic discord. An accusation ignites diplomatic discord Last week, U.S. Ambassador Reuben Brigety jolted the tranquility of diplomatic relations when he publicly accused Pretoria of facilitating Russian arms dealings via the “Lady R”, a Russian merchant ship…

  Article 2023年5月19日