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Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All Wrong
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All WrongSince the night of the US presidential election, the price of Bitcoin has skyrocketed, adding nearly $500 billion in market value in less than two weeks, a near one-third increase. However, some market analysts believe that Trump's policies on cryptocurrency may not be good news, and may even lead to an outflow of funds from the Bitcoin market...
Blockchain 2024-11-15 16:26:11 -
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remain
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remainWhile it's not uncommon for publicly listed companies to invest in stocks, especially those with ample cash reserves, it's less common to see them heavily investing in cryptocurrencies. Following Donald Trump's election as US President, Bitcoin has surged, recently hitting a record high of over US$90,000...
Blockchain 2024-11-15 16:04:55 -
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in Fire
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in FireCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Trump, is brewing a bold plan. According to Caixin Global's report, Senator Lummis intends to introduce a bill called the "BITCOIN Act" in the new Congress...
Blockchain 2024-11-15 15:31:59 -
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After Release
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After ReleaseOn February 14, 2023, a US computer expert was sentenced to five years in prison for stealing billions of dollars in Bitcoin and, with the help of his wife, laundering a portion of the stolen funds over several years. The defendant in the case, Ilya Lichtenstein, is a Russian-born US citizen who works in business and cryptocurrency investments...
Blockchain 2024-11-15 14:56:40 -
Post-Double 11, Smartphone Market Landscape Sees a Shift: Xiaomi Takes the Lead, Huawei Mate 70 Series Poised to Enter the Arena
Post-Double 11, Smartphone Market Landscape Sees a Shift: Xiaomi Takes the Lead, Huawei Mate 70 Series Poised to Enter the ArenaMany eagerly await the data released by industry insiders in their "Smart Chip Guide" every Friday, as it showcases the weekly sales changes of major smartphone brands based on domestic activation figures. This week was particularly noteworthy as it followed the Double 11 shopping festival...
Mobile Internet 2024-11-15 14:13:41 -
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage Efficiency
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage EfficiencyFinancial World, November 15, 2024 - The National Intellectual Property Administration (CNIPA) information shows that Shenzhen Yunxi Valley Technology Co., Ltd...
Blockchain 2024-11-15 13:45:50 -
Industrial Bank Applies for Blockchain Patent to Enhance Smart Contract Management Security
Industrial Bank Applies for Blockchain Patent to Enhance Smart Contract Management SecurityOn November 15, 2024, information released by the National Intellectual Property Administration of China revealed that Industrial Bank Co., Ltd...
Blockchain 2024-11-15 13:43:11 -
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant Development
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant DevelopmentFinancial World, November 15, 2024. The National Intellectual Property Administration of China (CNIPA) reveals that Xuchang Xujie Software Technology Co...
Blockchain 2024-11-15 12:07:11 -
The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?Recently, market research firm Counterpoint Research released a report on the high-end market situation for smartphones in China in 2024. While the overall market sales saw a 4% year-on-year increase, the market share for models priced over $600 (approximately 4,300 yuan) saw an 8% jump...
Mobile Internet 2024-11-15 11:37:11 -
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-Year
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-YearAccording to recent data from market research firm IDC, Lenovo's smartphone business has entered the top five in global markets (excluding China) in terms of total revenue. Meanwhile, research from TechInsights for the third quarter of 2024 indicates that Lenovo-Motorola witnessed the fastest growth among the top ten global smartphone manufacturers with a 26% shipment increase, propelling them to the seventh position globally...
Mobile Internet 2024-11-15 11:20:30
