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JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBP
JPMorgan Chase to launch instant FX settlement, powered by Kinexys blockchain platform, supporting USD, EUR, and GBPJPMorgan Chase, the largest bank in the United States, has announced that its Kinexys blockchain platform will soon offer instant foreign exchange settlement between the US dollar and euro, with plans to add the British pound to the service over time. The system will leverage Kinexys' native JPMCoin tokenized deposits, enabling the processing of over $2 billion in transactions daily, according to interviews with JPMorgan executives and a statement released Wednesday...
Blockchain 2024-11-06 16:18:50 -
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhone
Apple Warns Investors: Profits from Emerging Market Products May Fall Short of iPhoneIn a recent filing, Apple has cautioned investors that its foray into emerging markets, including yet-to-be-proven technologies like artificial intelligence (AI) and virtual reality (VR), may not yield the same profit margins as its iPhone business.In its 10-K filing with the Securities and Exchange Commission (SEC), Apple outlined new warnings about future growth and profitability...
Mobile Internet 2024-11-06 15:37:09 -
New Scientific Discoveries: How Future Technologies from Weight-Loss Drugs to Genome Sequencing Will Transform the World?
New Scientific Discoveries: How Future Technologies from Weight-Loss Drugs to Genome Sequencing Will Transform the World?Wednesday, November 6, news reports on prominent science websites revealed the far-reaching impact of technological advancements on the world. From health and the environment to energy, these reports foreshadow transformative changes on the horizon...
Industry dynamics 2024-11-06 15:23:22 -
Tesla abandons $25,000 electric car plan, pivots to robotaxis
Tesla abandons $25,000 electric car plan, pivots to robotaxisOn November 6, 2023, Reuters reported that Tesla, the American electric car manufacturer, had abandoned plans to launch a new generation of electric vehicles priced at $25,000, a long-standing promise. The news sent Tesla shares plummeting...
Industry dynamics 2024-11-06 15:04:11 -
Bitcoin Soars to New All-Time High as US Election Results Roll In
Bitcoin Soars to New All-Time High as US Election Results Roll InOn November 6th, as results from the US election began to emerge, Bitcoin surged to a new all-time high. According to CoinDesk data, Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, briefly hit $75,363...
Blockchain 2024-11-06 15:03:46 -
Trump Trade Soars: Bitcoin Hits ATH, Dollar Index Rallies, Trump Media & Technology Stock Swings Wildly
Trump Trade Soars: Bitcoin Hits ATH, Dollar Index Rallies, Trump Media & Technology Stock Swings WildlyOn November 6th, markets were swept by the fervor of the "Trump Trade," driving up the prices of associated assets across the board. The cryptocurrency market exhibited particularly strong performance, with Bitcoin surging past the $75,000 mark to reach a new all-time high, marking a gain of over 9%...
Blockchain 2024-11-06 13:46:40 -
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?
US Dollar Rebounds Strongly, Bitcoin Hits New High: Trump Effect in Play?On the morning of November 6th, the US Dollar Index staged a strong rebound, breaking through the 105 mark and surging by 1.6% on the day...
Blockchain 2024-11-06 13:26:09 -
The RedMagic 10 Pro series is about to launch, and its screen configuration has been revealed, with more details worth looking forward to!
The RedMagic 10 Pro series is about to launch, and its screen configuration has been revealed, with more details worth looking forward to!The RedMagic 10 Pro series will be released in Beijing on November 13th at 3:00 PM. With less than a week before its official unveiling, the new phone, which boasts the Snapdragon 8 Gen 2 processor + RedMagic's self-developed gaming chip, is gradually unveiling its mysteries...
Mobile Internet 2024-11-06 13:14:29 -
Bitcoin Hits All-Time High as Market Goes Wild on Trump Election Expectations
Bitcoin Hits All-Time High as Market Goes Wild on Trump Election ExpectationsOn November 6th, Bitcoin surged to an all-time high, just a short distance away from $75,000 per coin. This upswing wasnt limited to Bitcoin; most cryptocurrencies witnessed significant gains, with Dogecoin soaring over 30%...
Blockchain 2024-11-06 13:06:21 -
US Election Vote Count Triggers Crypto Market Frenzy: Bitcoin Surges Past $75,000, Liquidations Flood In
US Election Vote Count Triggers Crypto Market Frenzy: Bitcoin Surges Past $75,000, Liquidations Flood InAs the US election enters its vote counting phase, the cryptocurrency market has witnessed a strong surge. As of November 6, Bitcoin (BTC) briefly broke through $75,000, setting a new all-time high and currently trading at $74,274, up over 9% in the past 24 hours...
Blockchain 2024-11-06 12:38:37 -
US Election Looms, Crypto Market Could See Divergence: Dogecoin and Other Altcoins at Higher Risk
US Election Looms, Crypto Market Could See Divergence: Dogecoin and Other Altcoins at Higher RiskThe US presidential election is nearing its final vote count, and the cryptocurrency market is poised for significant divergence. Smaller cryptocurrencies, like Dogecoin (Doge) and Solana, are facing greater risk and volatility compared to larger cryptocurrencies such as Bitcoin and Ethereum...
Blockchain 2024-11-06 12:25:42 -
The "Trump Trade" Returns as Dollar Soars, Bitcoin Hits New High, and Stocks Continue to Climb
The "Trump Trade" Returns as Dollar Soars, Bitcoin Hits New High, and Stocks Continue to ClimbEarly vote counts in the US election have fueled the "Trump trade," boosting the dollar to its biggest intraday gain in over two years, sending Bitcoin to a record high, lifting stocks further, and driving up US Treasury yields. These market movements largely reflect expectations of a Republican victory...
Blockchain 2024-11-06 11:57:20
