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On February 23, Intel (INTC.O) updated the introduction of its semiconductor foundry related pages yesterday and announced that its Intel 18A process is ready and plans to start tape-out in the first half of this year. The maturity of the 18A process marks a major breakthrough in Intels IDM 2.0 strategy and is also seen as a key signal for Intel Foundry Services (IFS) to regain its former glory.On February 23, the Xiaopeng Huitian "Land Aircraft Carrier" land vehicle has completed winter testing in Yakeshi and is currently in the acceptance stage. It is reported that the land vehicle is driven by six motors and the whole vehicle is manufactured by Xiaopeng Motors. According to previous plans, the Xiaopeng Huitian "Land Aircraft Carrier" aircraft factory will be completed in the third quarter of this year, and the complete flying car will be mass-produced and delivered in 2026.On February 23, local time on February 22, the BMW Group issued a statement saying that due to the uncertainty facing the industry, the company is re-evaluating the timetable for producing all-electric Mini models in the UK. It is understood that the Mini brand electric vehicle production line was originally scheduled to be put into production at the Oxford plant in the UK in 2026, and it is committed to achieving full electrification transformation by 2030.According to Ukrainian Pravda: Russia lost 1,180 soldiers in the past 24 hours.SK Group Chairman Choi Tae-won: Artificial intelligence and energy have now become the core of global change. Cooperation among South Korea, the United States and Japan in this regard is not an option but a necessity.

BTC Fear & Greed Index Signals a Bullish BTC Session Despite Headwinds

Skylar Shaw

Feb 28, 2023 15:15

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Bitcoin (BTC) experienced a 0.25% decline on Monday. Bitcoin finished the day at $23,502, partially erasing a 1.65% rise from the previous day. Bitcoin fell shy of the $24,000 mark for the third day in a row following the negative session.


After a turbulent morning, Bitcoin surged to a peak of $23,891 in the middle of the afternoon. Before going backward, Bitcoin passed through the First Significant Resistance Level (R1), which is located at $23,795. Bitcoin fell to a late low of $23,131 following the turnaround. Before finishing the day at $23,502, Bitcoin momentarily breached the First Significant Support Line (S1) at $23,205.

Fed Concern and Regulation Risk Anxiety Drive Bitcoin Away less than $24,000

As investors processed the G20 news and post-G20 remarks that offered investors a preview of what to anticipate, regulatory risk worries resurfaced on Monday. Although the G20 refrained from openly banning it, the discussion of enacting stringent regulation measures breeds doubt.


A Forbes story on Binance moving $1.8 billion of user assets to hedge funds on Monday challenged mood amid intense regulatory and legislator examination. CZ, the Founder of Binance, had not yet commented on the story as of the time of writing.


US economic indexes and the NASDAQ Composite Index briefly eased the afternoon session. In January, core durable goods sales in the US rose by 0.7%, correcting a 0.4% drop in December.


Analysts predict a 0.1% increase. Goods Purchases Non-Defense Ex Aviation, the Fed's favored measure, rose by 0.8%, correcting a 0.3% decline from December.


The most recent statistics, however, backed a more active Fed interest rate track to bring inflation back to the goal range. The NASDAQ composite Index increased by 0.63% on Monday thanks to assistance from decline purchasers. This morning, the NASDAQ mini gained 10.75 points.


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