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October 10th - EU leaders will discuss a scaled-down budget proposal when they meet in Brussels next week. This comes after negotiators significantly reduced their initial proposal under pressure from some countries. Ireland, holding the rotating EU presidency, presented a compromise on Saturday regarding the EUs next seven-year budget, cutting approximately €160 billion ($179 billion) from the European Commissions €2 trillion proposal last year, to a nominal value of €141 billion. Irish Minister for European Affairs Thomas Byrne stated that the latest proposal represents a reduction of about 8% from the initial plan, opening the door to the next phase of negotiations. "We listened carefully to all member states. We worked with them to identify their priorities," Byrne said on Saturday. "No proposal can satisfy everyone."On October 10th, according to information released by the Houthi rebels in Yemen, the Saudi-led coalition launched an airstrike on Sanaa International Airport, the Houthi-controlled capital of Yemen, dropping four bombs on the afternoon of the 10th local time. In addition, the Saudi-led coalition also launched an airstrike on a communications facility in Hajjah province, also controlled by the Houthis, dropping three bombs. Saudi Arabia has not yet responded to these reports.On October 10, Russian Presidential Press Secretary Dmitry Peskov said that during his trip to Turkmenistan for the CIS Heads of State Council meeting and the Caspian Sea Eco Summit, Putin informed Iranian President Sergei Pezechzian that he would speak with Donald Trump. Following consultations with Pezechzian, Putin conveyed Irans proposals for resolving the conflict to Trump during his call with Trump on October 9. However, Peskov did not disclose the specific details of Irans proposals.According to the Palestinian National News Agency, Palestinian President Mahmoud Abbas issued a decree cancelling the Legislative Council elections originally scheduled for November 28, 2026, and rescheduling the presidential and Legislative Council elections for September 11, 2027.On October 10, the General Staff of the Armed Forces of Ukraine announced that Ukrainian troops had again attacked the Samara linear production dispatch station in Russias Samara region. The extent of the damage is still being assessed. The Ukrainian side stated that the station is a major hub for receiving, storing, and blending crude oil for Russia, playing a crucial role in ensuring the needs of the Russian military. Furthermore, the Ukrainian military confirmed that four storage tanks were destroyed and a large fire broke out during the attack on the station on October 7. Ukraine stated that such attacks are aimed at weakening Russias military and economic potential.

DOGE Bulls Eye a Return to $0.0900 on Elon Musk Support

Skylar Shaw

Feb 16, 2023 15:21

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On Tuesday, Dogecoin (DOGE) increased by 1.71%. DOGE closed the day at $0.0835 on Monday after a flat session.


Following a range-bound morning, DOGE dropped to a low of $0.0802 in the early afternoon. After avoiding the First Major Support Level (S1) at $0.0788, DOGE surged to a high of $0.0838 in the middle of the afternoon. DOGE fell down to close the day at $0.0835 while missing the First Major Resistance Level (R1) at $0.0860.


On Tuesday, Shiba Inu Coin (SHIB) increased by 2.25%. SHIB finished the day at $0.00001275, somewhat correcting a loss of 2.81% from the previous day.


Following the general market, SHIB dropped to a low of $0.00001200 in the early afternoon before acting. SHIB rose to a mid-afternoon high of $0.00001285 while avoiding the First Major Support Level (S1) at $0.00001195. SHIB slipped down to close the day at $0.00001275 after failing to reach the First Major Resistance Level (R1) at $0.00001303.

Examination of Gary Gensler and the SEC by US lawmakers yields support

On Tuesday, there was no activity. Investors were waiting for information on the upgrading date and the specifics of the purchase while the Shibarium Network stayed mute. In addition, the Dogecoin Foundation has not provided any updates since establishing the Development Fund.


While investors wait for Twitter to begin its Crypto integration program, Elon Musk's backing from the Super Bowl has continued to strengthen the DOGE price. As investors reacted to the most recent SEC actions against crypto platforms, support came at the same time as a noticeably increased regulatory risk.


But on Tuesday, US politicians calmed the market, allaying worries that Gary Gensler would have unrestricted power to implement regulations.


A hearing titled Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets was conducted on Tuesday by the Senate Banking Committee. Gary Gensler and the SEC's shortcomings were brought to light by concerns about their regulation through enforcement and lack of SEC advice to crypto companies.


Legislators noted Gensler's appearances on morning talk programs and called for him to testify as soon as possible.

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