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Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold Bitcoin
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold BitcoinFederal Reserve Chairman Jerome Powell recently stated unequivocally that the Fed has no intention of participating in any government-led "Bitcoin hoarding" scheme, citing the central bank's lack of authority to hold Bitcoin. This statement directly addresses former President Donald Trump's previous proposal to establish a "strategic Bitcoin reserve" upon his return to office...
Blockchain 2024-12-19 15:35:31 -
iPhone 17 Series: Rumors of a "Race Track" Camera and the A19 Chip Fact or Fiction?
iPhone 17 Series: Rumors of a "Race Track" Camera and the A19 Chip Fact or Fiction?Recently, rumors surrounding the design and specifications of the iPhone 17 series have been swirling. The most striking is the alleged "race track" camera design, featuring three lenses arranged horizontally, similar to the Meizu 17 series...
Mobile Internet 2024-12-19 15:22:35 -
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional Showdown
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional ShowdownPresident Trump's proposed creation of a US "strategic bitcoin reserve" is facing strong headwinds from the Federal Reserve. The plan has garnered significant market attention since the price of bitcoin surged above $100,000 following Trump's November 5th election victory...
Blockchain 2024-12-19 08:28:07 -
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future Uncertainty
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future UncertaintyFederal Reserve Chairman Jerome Powell definitively stated at a press conference following the December interest rate meeting that the Fed will not include Bitcoin in its balance sheet. This statement directly addressed market speculation about the Fed potentially holding Bitcoin, injecting a degree of certainty into the future of the cryptocurrency market...
Blockchain 2024-12-19 08:08:25 -
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market Forecast
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market ForecastRedmi, a sub-brand of Xiaomi, is renowned for its high-performance-to-price ratio. While it didn't release any new phones in 2024, the highly anticipated Redmi Turbo 4 is set for an official launch in January 2025...
Mobile Internet 2024-12-18 22:54:30 -
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core Driver
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core DriverOn December 18th, Hurun Research Institute, a third-party consultancy, released the 2024 Hurun Global Gazelle Report in Guangzhou. The report identifies high-growth companies founded after 2000 that are most likely to reach unicorn status (a $1 billion valuation) within the next five years the "gazelles...
Blockchain 2024-12-18 20:43:09 -
BlackRock's iShares Ethereum Trust ETF Surpasses One Million ETH
BlackRock's iShares Ethereum Trust ETF Surpasses One Million ETHData from Lookonchain reveals that BlackRock's spot Ethereum ETF, the iShares Ethereum Trust ETF, has surpassed the one million ETH mark, holding 1,025,378 ETH. Based on the current Ethereum price, the ETF's holdings are valued at approximately $4...
Blockchain 2024-12-18 20:42:42 -
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and Efficiency
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that China Construction Bank Corporation (CCB) has applied for a patent titled "Offline Transaction Method, Hardware Wallet and Medium for Digital Currency," with publication number CN119130448A and an application date of September 2024. This patent application signifies a significant breakthrough in CCB's digital currency hardware wallet technology, providing crucial technological support for promoting the widespread adoption of digital currencies...
Blockchain 2024-12-18 20:41:29 -
Xiaomi 15 Ultra: Dual Satellite Communication and a Revolutionary Imaging System Launching February 2025
Xiaomi 15 Ultra: Dual Satellite Communication and a Revolutionary Imaging System Launching February 2025Xiaomi is set to launch its highly anticipated flagship, the Xiaomi 15 Ultra, in February 2025. The phone is generating significant buzz due to its industry-leading dual satellite communication technology and a dramatically upgraded imaging system...
Mobile Internet 2024-12-18 20:26:00 -
Xiaomi 15 Ultra: Dual Satellite Communication, 6000mAh Battery, and Upgraded Imaging System Launching February 2025!
Xiaomi 15 Ultra: Dual Satellite Communication, 6000mAh Battery, and Upgraded Imaging System Launching February 2025!The highly anticipated Xiaomi 15 Ultra flagship phone is on the horizon, bringing a series of impressive upgrades. The most striking feature is its dual satellite communication technology...
Mobile Internet 2024-12-18 09:40:35 -
OPPO A5 Pro: The "Durable War God" Arrives on December 24th, Expected to Inherit the Rugged Legacy of the A3 Pro
OPPO A5 Pro: The "Durable War God" Arrives on December 24th, Expected to Inherit the Rugged Legacy of the A3 ProOPPO officially announced that the highly anticipated OPPO A5 Pro will be officially launched on December 24th at 2:30 PM, generating significant buzz with its "Durable War God" moniker. This news has sent shockwaves through the mobile phone market, sparking immense consumer anticipation for the phone's durability...
Mobile Internet 2024-12-17 10:35:54 -
Trump's Plan for a US Bitcoin Reserve Sends Bitcoin Price Above $100,000
Trump's Plan for a US Bitcoin Reserve Sends Bitcoin Price Above $100,000Bitcoin's price recently hit a new all-time high, surpassing $107,000, fueled by President-elect Donald Trump's announcement of a plan to establish a "US Bitcoin Strategic Reserve," mirroring the national strategic petroleum reserve. This announcement ignited further enthusiasm in the cryptocurrency market, sending Bitcoin's price soaring to $107,148 before settling slightly lower at $106,877, a 5...
Blockchain 2024-12-17 07:07:21
