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The dollar index fell on the 24th. The dollar index, which measures the dollar against six major currencies, fell 0.56% on the day and closed at 107.444 in the end of the foreign exchange market. As of the end of the New York foreign exchange market, 1 euro was exchanged for 1.0495 US dollars, higher than 1.0423 US dollars in the previous trading day; 1 pound was exchanged for 1.2483 US dollars, higher than 1.2360 US dollars in the previous trading day. 1 US dollar was exchanged for 155.82 yen, ...
On January 25, it was reported that Apple asked senior software executives to assist in fixing artificial intelligence problems.
Ray Youssef, CEO of peer-to-peer crypto trading platform NoOnes, has revealed that NoOnes has confirmed that it suffered a security bugs earlier this month that resulted in the loss of about $8 million in crypto assets. The disclosure came shortly after crypto detective ZachXBT posted the news on its "Investigations by Zach" Telegram channel. Ray Youssef said the losses were due to the "utilization of the Solana bridge" on January 1.
The three major indexes of US stocks collectively closed down. The Nasdaq fell 0.5% and rose 1.65% this week; the S & P 500 fell 0.29% and rose 1.74% this week; the Dow fell 0.32% and rose 2.15% this week. Most large technology stocks fell, with Nvidia down more than 3% and Tesla down more than 1%.
On January 24th, the dollar index DXY fell 15 points in the short term and is now at 107.25. The pound against the dollar GBP/USD rose by 1.00% in the day to 1.2478. The euro against the dollar EUR/USD expanded to 1.00% in the day to 1.0520.
On January 25th, the Nasdaq China Golden Dragon Index rose more than 3%, popular Chinese stocks rose, iQIYI (IQ. O) rose 15%, Kingsoft Cloud (KC. O) rose more than 13%, NIO (NIO. N), XPeng Motors (XPEV. N), NetEase (NTES. O) rose more than 3%.
President Trump: Will sign an executive order to fundamentally reform or abolish the Federal Emergency Management Agency (FEMA).
Rick Wurster, chief executive of Charles Schwab, told analysts on a conference call this week: "We do want to be able to offer spot cryptocurrency services, and we expect cryptocurrency regulations will eventually allow us to do so." The Financial Times reported that the SEC later on Thursday overturned guidance known as SAB 121, potentially opening the door for Wall Street banks to take custody of cryptocurrencies.
The S & P Global Services PMI in January was 52.8, compared with an expected 56.5 and a previous value of 56.8.
The total number of existing home sales in the United States in December was 4.24 million, expected to 4.19 million, and the previous value was 4.15 million.
The final value of the University of Michigan Consumer Confidence Index in January was 71.1, with expectations of 73.2 and a previous value of 73.2.
The expected one-year inflation rate in the United States in January was 3.3% at the end, 3.2% at the end, and 3.30% at the previous level.
The total number of existing home sales in the United States recorded an annualized 4.24 million in December, the highest since February 2024.
Coinbase International will add support for Toshi, Gigachad, and The Graph perpetual contracts on the Coinbase International Exchange and Coinbase Advanced. The TOSHI-PERP, GIGA-PERP, and GRT-PERP marketplaces will open on or after 9:30am UTC on January 30, 2025.
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