Bloomberg Business

Solana Crypto Token Rebounds After 2022’s Brutal Selloff: Chart

Solana, the digital token backed by fallen crypto mogul Sam Bankman-Fried, is starting the year strong after a 94% plunge in 2022. Traders are looking for evidence that the selloff is overdone after a supportive Dec. 29 tweet from Ethereum co-founder Vitalik Buterin. Don’t look for Solana to regain its highs anytime soon though: The coin remains 95% below its November 2021 peak.

Netanyahu Pledges Open Opposition to Return of Iran Nuclear Deal

Israeli Prime Minister Benjamin Netanyahu pledged to step up his efforts to derail a return to the Iran nuclear deal by airing his opposition openly and in public, in an apparent shift from a more circumspect approach taken by the previous government.

China’s Foreign Minister Says ‘Deeply Impressed’ With Americans

New Chinese Foreign Minister Qin Gang offered effusive praise of Americans after stepping down as his nation’s top envoy to Washington, signaling that ties between the world’s biggest economies appear to be warming despite recent tensions over Taiwan.

China Vows to Hit Back at Nations Imposing Covid Travel Curbs

China said it would hit back at nations that placed Covid restrictions on its travelers for “political goals,” showing the coronavirus remains a politically sensitive subject in Beijing even as it lets the virus run rampant.

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