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Market news: Iran announced a new round of attacks on US and Israeli bases.Market news: Ukrainian President Zelensky has arrived in France and will meet with Macron.On March 13th, according to Qichacha APP, Guangzhou Xiaopeng Motors Technology Co., Ltd. recently applied for and published a patent for "Method, Device, Equipment and Storage Medium for Gait Adjustment of Robots". The patent abstract shows that this invention relates to the field of intelligent robots, disclosing a method, device, equipment and storage medium for gait adjustment of robots. The method includes: acquiring target sampling points on the feet of a humanoid robot, as well as the coordinate values and terrain elevation data corresponding to each target sampling point; calculating the landing point report value of the humanoid robot based on the coordinate values and terrain elevation data corresponding to each target sampling point; acquiring the maximum value of terrain elevation data within a preset radius for each target sampling point, and calculating the step-kicking report value of the humanoid robot based on the coordinate values and the maximum value of terrain elevation data; and adjusting the gait of the humanoid robot based on the landing point report value and the step-kicking report value. This invention, by acquiring the coordinates of target sampling points and terrain elevation data, and calculating two types of report values—landing point and step-kicking—guides the humanoid robot to make precise gait adjustments, improving the robots autonomous movement adaptability and stability in complex terrains such as stairs.On March 13th, Apple announced adjustments to its App Store commission policy in mainland China. What are the benefits of this reduction in the "Apple tax"? Liu Xingliang, Dean of the DCCI Internet Research Institute, stated that in the short term, Chinese Apple users will hardly feel the difference. Apple is reducing the commission it charges developers, not directly lowering prices for users. However, developers are paying 5% less in the "Apple tax," and if they are willing to share this reduction, some memberships, game top-ups, and digital content may become cheaper in the future. Furthermore, in the long run, its good for the ecosystem. Lower commissions help alleviate tensions between developers and Apple, encouraging more apps and services to operate on the iPhone.March 13th - UK GDP grew 0% month-on-month in January, below the 0.2% increase predicted by economists in a Reuters poll and also lower than the 0.1% increase in December. The UK economy failed to grow in January, giving it a weak start to the year, even before the global energy shock triggered by the Middle East wars. In the third and fourth quarters of last year, the UK economy grew by only 0.1% each year, with businesses and households still grappling with high interest rates, the impact of the US trade war, and uncertainty surrounding potential tax increases in the November budget. The surge in oil and gas prices this month poses further risks to the UK economy. Shortly before the outbreak of the war, the Bank of England had predicted 0.3% growth in the first quarter. David Myers, chief economist at the Office for Budget Responsibility, warned this week that if energy prices remain at current levels, inflation could remain around 3% by the end of the year, rather than decline.

Bitcoin dips below $20,000

Skylar Shaw

Aug 29, 2022 15:02

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On Saturday, Bitcoin fell below $20,000, extending a decline that has seen it decline by roughly 60% from its year-high.


The largest and most well-known cryptocurrency in the world, Bitcoin, was last down 1.5% on Saturday at $19,946, down $298 from its previous closing.


It has decreased by 58.7% from the year's peak of $48,234 on March 28.


The ethereum blockchain network's native currency, ether, dropped 2.76% to $1,467.2, losing $41.60 from its previous closing.


The decline in Bitcoin comes after a difficult day for the currency on Friday, when all three benchmarks on Wall Street ended the day more than 3% down.


Risk asset prices declined as Federal Reserve Chairman Jerome Powell warned against anticipating a quick stop to the Fed's rate hikes. Some investors have predicted more losses for stocks as a result of the Fed's interest rate decisions.


According to Edward Moya, senior market analyst at OANDA, "Bitcoin dipped below 20,000 as investors predict a weekend full of gloom from Jackson Hole to pull down sentiment."


Many traders are preparing for a poor open on Sunday night because European and Asian central bankers are expected to be far more gloomy than Fed Chair Powell, he said.


Midway through July, Bitcoin last fell below $20,000.