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The Federal Reserve's 25-Basis-Point Rate Cut: Impact on the Dollar, RMB, Gold, and Bitcoin A Deep Dive and Future Outlook
The Federal Reserve's 25-Basis-Point Rate Cut: Impact on the Dollar, RMB, Gold, and Bitcoin A Deep Dive and Future OutlookIn the early hours of December 19th (Beijing time), the Federal Open Market Committee (FOMC) of the Federal Reserve announced a 25-basis-point cut to the federal funds rate target range, bringing it to 4.25%4...
Blockchain 2024-12-19 19:16:36 -
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 -
OPPO Find N5: Powered by Snapdragon 8 Gen 1+, Potentially the Only Android Foldable Flagship in the First Half of Next Year
OPPO Find N5: Powered by Snapdragon 8 Gen 1+, Potentially the Only Android Foldable Flagship in the First Half of Next YearOn December 18th, a well-known Chinese tech blogger, @Digital Chat Station, revealed that OPPO's new foldable phone, the OPPO Find N5, is about to be launched. This highly anticipated flagship will reportedly feature the Qualcomm Snapdragon 8 Gen 1+ processor, wireless charging, IPX8 water resistance, and a 50-megapixel "battleship-style" periscope telephoto lens...
Mobile Internet 2024-12-19 14:35:30 -
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin Holdings
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin HoldingsIn the early hours of December 19th, Bitcoin experienced a sharp drop, briefly falling below $100,000 and marking its largest single-day decline since August. This dramatic volatility sent shockwaves through the cryptocurrency market...
Blockchain 2024-12-19 11:45:21 -
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 -
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal Changes
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal ChangesFederal Reserve Chairman Jerome Powell recently provided a definitive answer regarding whether the Fed would hold Bitcoin. In an interview on December 19th, when asked about the possibility of including Bitcoin in its reserve assets, Powell directly stated that the Federal Reserve is currently not permitted to own Bitcoin, and the institution has never sought to amend any relevant laws or regulations to allow for such holdings...
Blockchain 2024-12-19 04:54:01 -
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management Efficiency
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that Sichuan Gezhen Technology Co., Ltd...
Blockchain 2024-12-18 20:36:01 -
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus Technology
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus TechnologyThe foldable phone market is increasingly competitive, with manufacturers striving for lighter, more durable designs. Samsung, a leader in the foldable phone arena, is generating significant buzz with its upcoming Galaxy Z Fold7...
Mobile Internet 2024-12-18 20:25:10 -
Leaked Images of the Samsung Galaxy S25+ Reveal a Mysterious Component, Possibly a mmWave Antenna, and Suggest eSIM Could Become Standard
Leaked Images of the Samsung Galaxy S25+ Reveal a Mysterious Component, Possibly a mmWave Antenna, and Suggest eSIM Could Become StandardRecently, leaked images of a US version Samsung Galaxy S25+ have surfaced online, generating considerable buzz. These photos reveal several new features of the highly anticipated flagship phone, most notably a mysterious component located below the power and volume buttons on the right side of the device...
Mobile Internet 2024-12-18 20:22:40 -
OpenAI fully opens its o1 series model APIs, empowering developers to build advanced AI applications
OpenAI fully opens its o1 series model APIs, empowering developers to build advanced AI applicationsOn December 18th, the ninth day of OpenAI's 12-day holiday release event, the company officially announced the full release of its state-of-the-art o1 series models via application programming interfaces (APIs) to third-party developers. This marks a significant step forward for developers in building advanced AI applications, providing a seamless way to integrate OpenAI's cutting-edge technology into existing enterprise-level applications or consumer-facing workflows...
Industry dynamics 2024-12-18 08:23:39 -
OPPO Find N5 Foldable Phone Spring Launch: Snapdragon 8 Gen 1 Plus and Wireless Charging Highlight
OPPO Find N5 Foldable Phone Spring Launch: Snapdragon 8 Gen 1 Plus and Wireless Charging HighlightOPPO Find series product head, Zhou Yibo, recently conducted a poll on social media, soliciting user expectations for the next generation of large-screen foldable phones and hinting at a launch in the "spring season." This quickly generated significant attention, signaling the imminent arrival of the OPPO Find N5 foldable phone...
Mobile Internet 2024-12-18 01:42:17 -
Samsung's Galaxy Z Fold7 May Revolutionize the S Pen Experience: Ditching the Digitizer for a Slimmer Design
Samsung's Galaxy Z Fold7 May Revolutionize the S Pen Experience: Ditching the Digitizer for a Slimmer DesignSamsung launched the highly anticipated Galaxy Z Fold6 series this year, including the globally available standard Galaxy Z Fold6 and the Korea-exclusive Galaxy Z Fold6 Special Edition, along with the China-exclusive Heart of the Galaxy W25. While both Galaxy Z Fold6 models are largely similar in appearance and functionality, the Special Edition is 1...
Mobile Internet 2024-12-18 00:55:37
