Author: Steven Sahiounie

Foreign and Expatriates Minister, Fayssal Mikdad, met on Saturday the Special representative of the Chinese Government for the Middle East affairs Zhai Jun and the accompanying delegation . During the meeting, Minister Mikdad renewed Syria’s support for the territorial integrity of China and the one-China principle , rejecting in this regard the attempts of some countries to interfere in China’s domestic affairs. In turn, the Chinese envoy expressed his appreciation for the achievements made by Syria, a country friendly to China, and China’s rejection of all attempts to interfere in its internal affairs, reiterating his country’s support for Syria’s unity,…

Post-“shapella” upgrade optimism that briefly lifted the Ether (ETH) price to 11-month highs in the mid-$2,150s earlier this month has mostly faded. Ether, the token that powers the smart-contract-enabled Ethereum blockchain, was last trading close to $1,900, still up around 4% for the month, but over 11% below earlier monthly peaks. Despite the fact that the ETH have been taking a breather in the last few weeks, analysts remain optimistic on the cryptocurrency’s medium to long-term prospects. That’s in part because macro conditions continue to shift in favor of blue-chip (high market cap, high trust) cryptocurrencies like Bitcoin and Ethereum.…

Ripple President Monica Long has expressed delight at the rate of growth seen for XRP on-chain and exchange volumes in the last quarter. She points out that cryptocurrency has remained resilient despite the absolute mania in the financial markets. The fiat rails to these banks, used by the majority of the crypto sector to move money into and out of crypto, had to be rebuilt as a result of the following closures of the three primary banks servicing crypto businesses in Q1, 2023, which necessitated the search for new partners. Despite broader financial turmoil, XRP market volumes increased 46% QoQ…

SHIB, the token powering the second most popular meme coin ecosystem, Shiba Inu is still hanging loosely on the cliff’s edge. However, there is a higher probability of the outcome flipping bullish bolstered by the soon-to-launch metaverse. Shiba Inu is exchanging hands at $0.00001030 on Saturday, after staying relatively unchanged in the last 24 hours. The majority of digital assets are showing vivid bullish signs but with volatility lacking, price movement could remain suppressed throughout the weekend. Meanwhile, for Shiba Inu, support at $0.00001 must hold in place to avert the possibility of declines gaining traction to test December lows…

As Bitcoin inches closer to the $30,000 resistance level, investors and traders eagerly anticipate its next move. In this Bitcoin price prediction, we will explore various price predictions and analyze the factors that could influence its trajectory.  Will BTC break through this significant barrier and continue its upward trend, or will it face a pullback? Let’s dive into the possible scenarios and targets for the world’s largest cryptocurrency by market cap. First Republic Sparks Second Wave of Banking Crisis Underpins BTC Bitcoin’s value is gearing up for a surge to $35,000 as a new wave of banking crisis strains the Federal Reserve’s…

The US banking system continues to raise concerns after shares of First Republic plummeted over 50% on Friday as the bank’s first quarter reports on Monday revealed that over $100 billion of deposits were withdrawn over customer fears. First Republic closed the day at $3.51 down 43 percent, rebounding 7% of losses after trading of shares was paused several times due to extreme volatility. On November 2021, the bank capital was more than $40 billion, while now it’s worth only around $654. Going into reverse from its peak days in November 2021 when it had a market capitalization of more…

On April 29, China’s Special Envoy for the Middle East, Zhai Ju, arrived in the Syrian capital, Damascus, on an official visit. The Syrian Arab News Agency said that the Chinese envoy held talks with Syrian Foreign Minister Faisal Mekdad, before meeting with President Bashar al-Assad. The central topic during the meeting between al-Assad and Jun was the common perceptions of the bilateral relations between Syria and China within the larger landscape of China’s relationship with the countries of the Middle East and its vital role throughout this region, the state-run agency reported. During the meeting, the Syrian president pointed out…

According to Kim Yo-jong, the President of the United States is not able to take responsibility for the security and future of his country Kim Yo-jong, a north Korean politician and sister of DPRK leader Kim Jong-un, on Saturday slammed a recent remark by US President Joe Biden about ‘the end of the regime’ as nonsensical. “Another thing that we cannot let pass nor overlook is the fact that the chief executive of the enemy state officially and personally used the word `the end of regime’ under the eyes of the world,” the Korean Central News Agency quoted Kim Yo-jong, vice department…

The economist Alexander Nazarov warned of a decline in the US currency in the future, with the US Congress heading to approve raising the public debt ceiling. The economist believes that raising the public debt ceiling will prompt the US Federal Reserve to resume printing unsecured money, with the largest US creditors reducing their investments in US Treasury bonds and bills, which will fuel inflation. “The current US budget deficit is about 8% of GDP. According to the Federal Reserve Bank of New York, the probability of a recession this year is 60%,” the expert explained in a post on…

Washington’s efforts to turn back the course of history are failing, Russian Foreign Minister stressed Efforts by Washington and its satellites to isolate Moscow are failing completely, with the global majority being unwilling ‘to pull the chestnuts out of the fire’ for former colonial powers, said Russian Foreign Minister Sergey Lavrov. Addressing the online Global Conference on Multipolarity on Saturday, Russia’s top diplomat said, “It seems only natural that efforts by Washington and its satellites to reverse the course of history and force the international community to live up to a ‘rules-based world order’ have failed. I will only mention…