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February 11th, Futures News: Economies.com analysts latest view: In recent intraday trading, spot gold prices have continued to fluctuate within a narrow range, holding steady above the psychological level of $5,000, attempting a technical correction in preparation for accumulating bullish momentum, driving prices higher, and resuming the upward trend.February 11th - Sources exclusively revealed that WeRide (00800.HK) will soon be integrated into Alipays new Robotaxi mini-program, following its recent launch. "System integration and debugging are currently underway, and it will be launched soon." Alipay customer service confirmed that the "Alipay - Travel - Robotaxi" channel already aggregates autonomous driving mobility services such as Pony.ai, currently operating in Beijing, Shanghai, Guangzhou, and Shenzhen, with more cities being added gradually. "Regarding whether other autonomous driving platforms will be integrated later, there is currently no further information to disclose; details will be subject to the launch date."According to the Financial Times, under pressure from the United States, Ukrainian President Zelensky plans to hold elections in the spring, along with a referendum on the peace agreement.February 11th - According to foreign media reports, two sources familiar with the matter revealed that ByteDance is developing artificial intelligence chips and is in talks with Samsung Electronics regarding foundry services. This move aims to secure a supply of advanced processors for ByteDance. The sources stated that ByteDance plans to receive chip samples by the end of March. This year, the company plans to produce at least 100,000 chips for AI inference tasks and plans to gradually increase production to 350,000. Negotiations with Samsung also include securing a supply of memory chips, which are in high demand and short supply in the context of global AI infrastructure development, making the deal more attractive. A company spokesperson stated that information regarding the chip project was inaccurate but did not provide further details. Samsung declined to comment.The China Earthquake Networks Center officially reported that a magnitude 3.8 earthquake occurred at 12:13 on February 11 in Gerze County, Ngari Prefecture, Tibet (33.04°N, 85.12°E), with a focal depth of 10 kilometers.

Despite Bearish BTC Session, BTC Fear & Greed Index Avoids Sub-30

Daniel Rogers

Nov 08, 2022 16:18

 截屏2022-11-08 下午4.10.25.png

 

Bitcoin (BTC) declined by 1.54% on Monday to end the day below $21,000 for the second consecutive session. BTC and the broader market dissociated from the NASDAQ Composite Index, as crypto investors await the US CPI report this week. The Bitcoin Fear & Greed Index decreased from 33/100 to 31/100 as the bearish BTC session weighed on the index.

 

Bitcoin (BTC) decreased by 1.54% on Monday. Sunday's closing BTC price was $20,609, following a 1.79% fall. Notably, Bitcoin closed the day for the second consecutive session below $21,000.

 

BTC reached a day's early high of $21,083 despite a shaky start. BTC reached a late-day low of $20,421 after failing to surpass the First Major Resistance Level (R1) at $21,240. Before partially recovering to $20,609, BTC fell through the First Major Support Level (S1) at $20,762 and the Second Major Support Level (S2) at $20,592.

 

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.

 

A lackluster economic calendar in the United States hindered BTC. This week, US inflation, retail sales, and consumer sentiment data will impact market sentiment towards the US economy and a December Fed turn.

 

However, the NASDAQ Composite Index increased by 0.85% on Monday, as optimism surrounding the US midterm elections provided support. Later today, the US economic calendar will feature another day of inactivity, leaving investors in suspense as the attention remains on the midterm elections. The NASDAQ mini was up 15.5 points this morning.

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