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1. Ukrainian military claims to have struck Russian oil depot in Samara. 2. Ukrainian sources say death toll from Russian attacks in Zaporizhia has risen to 20. 3. Sources: US envoy may visit Moscow within two weeks. 4. Trump: Ukraine should not attack oil refineries; suggests a change in the Ukrainian president. 5. Zelenskyy speaks with leaders of several European countries. 6. Kremlin: Putin expressed "understanding" of some of Trumps proposals regarding de-escalation of the conflict in Ukraine during the call.October 11th - The UK government has established a new task force to address extreme weather, including the risk of flooding this winter. Following a record-breaking summer of high temperatures, the task force will meet this week to assess the UKs preparedness for potentially wet, windy, and stormy weather in the coming months, which the Met Office has described as a "significantly increased" likelihood. Environment, Food and Rural Affairs Secretary Emma Hardy stated before the meeting: "We are facing extreme weather, with the risks of flooding and drought intertwined, but the government is taking decisive action." The Environment Agency warned that approximately 6.3 million homes and businesses in England remain at risk of flooding. Hardy said: "We will put communities and businesses at the heart of our work to ensure that the UK is prepared to handle any weather conditions that may arise in the future." The Met Office stated that current seasonal forecasts indicate an increased likelihood of above-average rainfall this autumn due to El Niño. The Met Office warned that this years El Niño could be the strongest in memory, expected to peak at the end of the year.The UN Special Envoy to Yemen strongly condemns the Houthi attacks on Saudi civilian infrastructure. The Houthi attacks represent a serious escalation and add complexity to the situation. The envoy reiterates the call for the Houthis to cease their attacks on Saudi civilian targets.On October 11, U.S. Central Command stated that on October 10, Central Command forces rendered a commercial cargo ship inoperable in the Gulf of Oman after its crew ignored repeated warnings and attempted to break through a maritime blockade against Iran. A U.S. fighter jet used a precision-guided weapon to strike the stern of the Panamanian-flagged "Ocean Molica," completely disabling the ships propulsion system, but causing no casualties among the crew. The large cargo ship had departed from an Iranian port and was attempting to traverse the regions waters. Central Command forces reinstated a blockade against all vessels entering and leaving Iranian ports on July 14. During the three-month period of strict enforcement, four merchant ships were rendered inoperable, and 135 vessels were ordered to turn back. In addition, during the same period, the U.S. military destroyed 10 oil tankers linked to the Revolutionary Guards multi-billion dollar "shadow network."US President Trump: The attack on Saudi Arabia is appalling. Saudi Arabia has the capability to defend its country. We have ties with the Houthis, and well see what happens, but what theyve done is terrible. I havent spoken to the Saudi Crown Prince yet, but I will. Whats happening is unacceptable.

ADA Price Prediction: Bulls Eye $0.410 on Network Upgrade Plans

Cory Russell

Feb 06, 2023 15:40

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Saturday saw a 1.24% decline in ADA. ADA finished the day at $0.399, somewhat erasing a 1.51% gain from the previous day. The handle of $0.400 was visited by ADA for the sixth session running.


ADA dropped to a morning low of $0.398 due to a negative start to the day. Ahead of the First Major Support Level (S1) at $0.397, ADA increased to a high of $0.406 in the early afternoon. The First Major Resistance Level (R1), which is at $0.409, was not reached, hence ADA returned to the session low of $0.398 before closing the day at $0.399.

Silence from IOHK and EMURGO Puts ADA in the Red

There were no network updates to provide context on this quiet Saturday session. Investors are waiting for developments on the scheduled launch of EMURGO's USDA algorithmic stablecoin after last week's COTI launch of DJED.


Investors were left to lock in gains as Input Output HK (IOHK) also went quiet at the beginning of the weekend due to radio silence. The perception of the Cardano network and the predicted rise in ADA use, however, continue to be negative factors.


There will be another Cardano hard fork this month. The implementation of CIP-0049 will make it easier to use other blockchains. The enhanced interoperability will provide programmers a safe environment in which to create cross-chain DApps. A more optimistic pricing prognosis should be supported by the upgrade, which is another improvement.


Investors will be watching for the debut of the USDA stablecoin today, and network updates will give guidance. However, in the absence of network updates, the larger crypto market would be left to determine price direction.