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On May 14, according to media reports, Apple is deeply studying brain-computer interface technology and working with startup company Synchron to explore the possibility of controlling devices such as iPhone, iPad and Vision Pro through brain signals. This cutting-edge technology is expected to bring a new way of interaction to paralyzed patients and those with limited mobility. Synchron is a company that produces a stent-like implant called "Stentrode". The device contains 16 electrodes and is implanted into a mesh electrode array of the brains motor cortex blood vessels through the jugular vein. It can capture the movement intention signals emitted by the brain and transmit them to external devices wirelessly to achieve control without hand operation. Synchron integrates the above system with Apples switch control function to replace the input method. In a trial, Mark, a 64-year-old amyotrophic lateral sclerosis (ALS) patient, successfully controlled the Apple Vision Pro headset with his mind by implanting Synchrons brain-computer interface device. He can play card games, watch Apple TV programs and send text messages with brain signals alone without gestures or voice.Sources: Baidu (BIDU.O) will cooperate with PostAuto to launch a self-driving taxi service in Switzerland. Baidu also plans to test self-driving taxis in Türkiye.Sources: Baidu (BIDU.O) will start testing self-driving taxis in Switzerland by the end of 2025.Brazilian President Lula: I will ask Russian President Putin to go to Türkiye for talks with Ukraine.According to Fox News: A federal judge ruled that US President Trump can invoke the Foreign Enemies Act to deport illegal immigrant criminals from the Venezuelan gang Tren de Aragua, giving Trump a victory in court.

BTC Fear & Greed Index Avoids Fear But Sends a Bearish Price Signal

Alice Wang

Mar 01, 2023 15:41

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Bitcoin (BTC) decreased by 1.53% on Tuesday. Bitcoin gained 0.03% to $23,142 at the month's conclusion after dropping 0.25% on Monday. Bitcoin fell shy of the $24,000 mark for the fourth day in a row following the negative session.


Bitcoin recovered from a turbulent morning to reach a late-afternoon peak of $23,615. Bitcoin fell to a late low of $23,066 after failing to surpass the First Significant Resistance Level (R1) at $23,885. Before finishing the day at $23,142, Bitcoin momentarily breached the First Significant Support Line (S1) at $23,125 to test support.


Fed anxiety and regulatory activity put Bitcoin on the defensive.


On Tuesday, investor confidence suffered from the NASDAQ Composite Index and the cryptocurrency news channels.


Alarm alarms went off when it was reported that the SEC had subpoenaed Robinhood (HOOD).


Speculation that Visa (V) and Mastercard (MA) might rethink their plans for cryptocurrency was also unfavorable. Bitcoin usage continues to be a major price influencer. Growth and price movement in the cryptocurrency market would be greatly impacted by a change in Main Street trader opinion.


Nevertheless, despite dismal US economic data, Fed Anxiety persisted in dampening investor mood. The CB Consumer Sentiment Index dropped from 106.0 to 102.9 in February, and the property industry statistics were also unfavorable.


Despite the disappointing figures, the US labor market is extremely constrained and inflation is still tenacious, backing a more active interest rate track to bring inflation to goal.


To end a negative month, the NASDAQ Composite Index decreased by 0.10 percent on Tuesday. The NASDAQ mini was down 54.5 points this morning.


There will also be curiosity in the Day Ahead Business Indicators. Prior to the US session, China's private sector PMIs will have an impact. We anticipate that China's poor economic data will rekindle recessionary worries and test investors' desire for risky assets.


The NASDAQ Composite Index and US economic data will have an impact on the midday session. The February US industrial PMI figures will be closely watched. It would be negative if the ISM Manufacturing PMI unexpectedly dropped. However, throughout the day, FOMC member conversation will also affect investor interest.


We anticipate that the bitcoin news networks will keep offering guidance. Buyers should keep an eye on the crypto news channels for discussions among US lawmakers and regulation developments. Updates on Binance and FTX as well as information from the current SEC v. Ripple lawsuit need to be taken into account.

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