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On January 5th, according to Qichacha APP, Xiaomi Automotive Technology Co., Ltd. recently published a patent application for "Fatigue Driving Intervention Method, Device, Vehicle, Equipment, Medium, and Chip." The patent abstract from Qichacha shows that this disclosure applies to smart cockpits. The method includes: acquiring multiple vehicle-side data from the vehicles infotainment system and multiple driver data based on a drivers wearable device during driving; identifying the drivers fatigue status based on the multiple vehicle-side data and multiple driver data; and, in response to identifying the drivers fatigue state, performing fatigue driving intervention processing according to the drivers fatigue level. This improves the accuracy and precision of determining the drivers fatigue state in a driving environment. By implementing targeted fatigue driving intervention measures through the vehicle and wearable device, it enhances the effectiveness and proactiveness of fatigue driving intervention measures and optimizes the intervention effect.On January 5th, Wang Changlin, Vice Chairman of the National Development and Reform Commission, stated at a press conference held by the State Council Information Office that, looking towards the "15th Five-Year Plan," the innovation support system for the Yangtze River Economic Belt will be improved. This includes: first, promoting original scientific and technological innovation in the Yangtze River Economic Belt; second, advancing innovation and entrepreneurship to cultivate more innovative enterprises; and third, improving the innovation system and ecosystem to allow the seeds of innovation and entrepreneurship to grow into towering trees.On January 5th, the Guangdong Provincial Government website published the "Implementation Opinions of the General Office of the Guangdong Provincial Committee of the Communist Party of China and the General Office of the Guangdong Provincial Government on Promoting High-Quality Development of Digital Trade and Service Trade through High-Level Opening-up." The document mentions relaxing market access in the service trade sector. It calls for deepening the comprehensive pilot program for expanding the opening-up of the service industry in Guangzhou and the pilot program for expanding the opening-up of value-added telecommunications services in Shenzhen, supporting Shenzhen in carrying out a new round of comprehensive pilot programs for expanding the opening-up of the service industry, and accelerating the implementation of policies on foreign investment access and operation in the fields of medical care, elderly care, tourism, telecommunications, and culture. It supports the Nansha, Qianhai, and Hengqin Free Trade Zones in expanding the opening-up pilot program in the field of biotechnology, and promotes the pilot programs for wholly foreign-owned hospitals in Guangzhou and Shenzhen. It encourages foreign investors to legally establish for-profit and non-profit elderly care institutions in Guangdong. It also strengthens the construction of universities cooperating with foreign countries and between the mainland and Hong Kong and Macao, as well as schools and classes for children of foreign nationals and Hong Kong and Macao students.Samsung co-CEO: Samsung mobile devices equipped with Google Gemini AI will reach 800 million units this year.January 5th - The overnight SHIBOR was 1.2640%, up 0.60 basis points; the 7-day SHIBOR was 1.4230%, down 0.50 basis points; the 14-day SHIBOR was 1.4570%, down 6.10 basis points; the 1-month SHIBOR was 1.5740%, down 0.50 basis points; and the 3-month SHIBOR was 1.5960%, down 0.20 basis points.

ETH and BTC Price Movement Determined by US Statistics and the NASDAQ

Daniel Rogers

Nov 04, 2022 17:36

截屏2022-11-04 上午11.21.34.png 

 

On Thursday, Bitcoin (BTC) and Ethereum (ETH) joined the larger market in the green. Despite Fed Chair Powell's hawkish speech on Wednesday, US economic indicators fell short of forecasts, alleviating Fed concern. The technical indications continue to be optimistic, indicating rising price movements. The price of Ethereum (ETH) increased by 0.86 percent on Thursday. ETH finished the day at $1,531, partially correcting a 3.80% drop from Wednesday.

 

Due to a rocky start to the day, ETH fell to a low of $1,515 early on. Avoiding the First Major Support Level (S1) at $1,475, ETH climbed to a morning high of $1,559. However, after falling short of the First Major Resistance Level (R1) at $1,593, ETH plummeted further below $1,530 before US economic indicators provided support.

 

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Bitcoin (BTC) climbed by 0.29% on Thursday. BTC concluded the day at $20,223, partially reversing a loss of 1.63% from Wednesday. Notably, BTC broke a four-day losing trend by avoiding sub-$20,000 territory for the ninth consecutive day.

 

BTC reached a mid-morning high of $20,404 after a strong start to the day. BTC plummeted to a midday low of $20,052 after failing to surpass the First Major Resistance Level (R1) at $20,629 during the trading session. Despite avoiding the First Major Support Level (S1) at $19,900, BTC retested $20,356 before retreating.

 

US economic figures supported cryptocurrency prices, with the crucial ISM Non-Manufacturing PMI below expectations.

 

The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Economists anticipate a drop to 55.5.

 

The subcomponents of the Index were diverse. ISM's Non-Manufacturing Employment Index decreased from 53.0 to 49.1. The Prices Index increased from 68.7 to 70.7. The unit labor costs increased by 3.5% in Q3 compared to 8.9% in Q2.

 

While the statistics were favorable for cryptocurrencies, Fed Chair Powell's recent comments weighed on the NASDAQ Composite Index. The NASDAQ Composite Index declined by 1.73 percent on Thursday.

 

The US jobs report will have a significant impact on the NASDAQ Composite Index and the cryptocurrency market today. Due to the sensitivity of BTC and ETH to US economic statistics and the FED, the correlation with the NASDAQ Composite Index remains intact. The NASDAQ 100 Mini gained 17.75 points this morning.