EUR/USD 1.17138
0.002%
Gold 4680.52
-0.175%
Oil 97.130
0.162%
USD/JPY 157.943
0.042%
GBP/USD 1.35277
0.035%
GBP/JPY 213.665
0.079%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 14, President Xi Jinping held talks with US President Donald Trump at the Great Hall of the People in Beijing. During the talks, more than ten US business representatives, including Tesla CEO Elon Musk, Apple CEO Tim Cook, Nvidia CEO Jensen Huang, and Boeing CEO John Ottberg, entered the meeting room under the guidance of staff.On May 14th, Citigroup reported that Tencent Holdings (00700.HK) management expressed satisfaction with the significant performance improvement of the "Hun Yuan 3.0" model during the Q1 2026 earnings call, attributing this to high-frequency token usage and deep integration with the companys core internal products. Management indicated that the integration of the Hun Yuan model with WeChat will proceed gradually, and they are confident in expanding Hun Yuan 3.0 into a larger model in the future. This development will be continuously optimized based on actual application scenarios and feedback within internal businesses and products. Besides AI, Citigroup believes Tencents core businesses remain robust. Domestic and international gaming businesses continue to grow, with several long-running games achieving record-breaking performance. Tencent Cloud and marketing services also performed strongly. The report points out that although GPU resources are currently prioritized for internal needs, the domestic GPU supply is expected to gradually increase in the second half of 2026, which will be a significant growth catalyst for Tencent Cloud. Following the adjustment of its forecast, Citi lowered its target price for Tencent from HK$783 to HK$763, but maintained its "buy" rating and remains optimistic about the gradual realization of Tencents AI strategy and the sustainable growth of its core profits.A Samsung union official believes there is no basis for further salary negotiations unless Samsung Electronics officially finalizes and announces its bonus plan.Malaysias Minister of Economy: We remain confident in first-quarter GDP growth and expect it to meet or exceed expectations.Most Hong Kong-listed chip stocks fell, with ASMPT (00522.HK) and Hua Hong Semiconductor (01347.HK) dropping more than 5%, and Horizon Robotics (09660.HK), Chipwise Holdings (02166.HK), and Biren Technology (06082.HK) falling more than 4%.

BTC Fear & Greed Index Falls to Sub-30 as BTC Returns to Below $17,000

Daniel Rogers

Nov 09, 2022 17:42

 截屏2022-11-09 下午5.29.52.png

 

On Tuesday, the price of bitcoin (BTC) fell to its lowest level since November 2020 before somewhat recovering to $18,559 by the end of the day. The news that FTX was experiencing liquidity issues, the eventual demise of FTT, and the Binance purchase announcement caused BTC to go below $19,000. The Bitcoin Fear & Greed Index decreased from 31/100 to 29/100, after BTC dropped below $17,000.

 

On Tuesday, bitcoin (BTC) fell by 9.95 percent. BTC concluded the day at $18,559, following a 1.54% fall on Monday. Notably, BTC's losing streak extended to three sessions as it fell below $17,000 for the first time since November 2020.

 

After a gloomy morning, Bitcoin reached a high of $20,712 in the late afternoon. BTC fell to a late low of $16,950 after failing to breach the First Major Resistance Level (R1) at $20,988. BTC went below the Major Support Levels for the day. BTC failed to move back through the Third Major Support Level (S3) at $19,380, despite a minor recovery to $18,559 at the conclusion of the day.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

The gloomy session was spurred by FTX vs. Binance news updates. However, market conditions deteriorated as a result of the announcement that FTX was suffering a liquidity crisis, sparking fears of contagion. While announcements of Binance's planned acquisition of FTX offered some solace, fears of contagion and the threat of more regulatory scrutiny pushed BTC further into the red.

 

In contrast, the NASDAQ Composite Index increased by 0.49 percent on Tuesday, as optimism surrounding the US midterm elections provided support. BTC will likely remain decoupled from the NASDAQ until the full amount of the damage is determined following the failure of FTX. The NASDAQ mini was up 15.5 points this morning.


Suggestion