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Fed Rate Cuts Fuel Bitcoin's Surge, Outperforming Seasonality in September
Fed Rate Cuts Fuel Bitcoin's Surge, Outperforming Seasonality in SeptemberA global wave of interest rate cuts, led by the Federal Reserve, has helped Bitcoin overcome seasonal weakness and post a leading performance for September. Data show Bitcoin has risen over 10% this month, while September has historically averaged a 5...
Blockchain 2024-09-28 10:46:24 -
Is the Bitcoin Rebound a Flash in the Pan? Experts Warn of Bull Trap!
Is the Bitcoin Rebound a Flash in the Pan? Experts Warn of Bull Trap!Despite Bitcoin's surge on Thursday, the move may just be a short-lived bounce based on this year's trading pattern. While investors are hopeful about fundamental tailwinds, such as the stock market continuing to climb to new highs, both US presidential candidates taking positive stances on crypto, and the Fed's recent rate cut, Bitcoin's price action has been disappointing...
Blockchain 2024-09-28 09:31:36 -
PayPal Expands Cryptocurrency Services, Allowing Merchants to Buy, Sell, and Hold Crypto
PayPal Expands Cryptocurrency Services, Allowing Merchants to Buy, Sell, and Hold CryptoPayPal (PYPL.US) has announced an expansion of its cryptocurrency services, allowing merchants to buy, hold, and sell cryptocurrencies through their business accounts for the first time...
Blockchain 2024-09-27 16:45:17 -
Easy Monetary Policy Fuels Bitcoin Rally, Poised for Biggest September Gain in Years
Easy Monetary Policy Fuels Bitcoin Rally, Poised for Biggest September Gain in YearsLooser financial conditions have ignited risk appetite in the market, with Bitcoin poised to post one of its largest gains in September. According to data compiled by Bloomberg, Bitcoin has risen over 10% this month, while it has averaged a 5...
Blockchain 2024-09-27 14:46:50 -
State Administration for Market Regulation Releases "Guiding Opinions on Promoting High-Quality Development of the Data Industry (Draft for Comment)" Focusing on Key Technologies in Data Industry Development
State Administration for Market Regulation Releases "Guiding Opinions on Promoting High-Quality Development of the Data Industry (Draft for Comment)" Focusing on Key Technologies in Data Industry DevelopmentThe State Administration for Market Regulation today publicly solicited opinions on the "Guiding Opinions on Promoting High-Quality Development of the Data Industry (Draft for Comment)" (hereinafter referred to as the "Guiding Opinions"). The "Guiding Opinions" aim to promote the high-quality development of the data industry and propose a series of important measures, covering the coordinated development of cloud-edge-terminal computing technologies, research and development of trusted storage technologies, data intelligence applications, core technology breakthroughs, and the promotion of trusted circulation technology applications...
Blockchain 2024-09-27 13:22:11 -
Wuhan Langyi Applies for Patent for Blockchain-Based Smart Lock System, Building a Safer and More Convenient Smart Life
Wuhan Langyi Applies for Patent for Blockchain-Based Smart Lock System, Building a Safer and More Convenient Smart LifeFinance.cn, Sep...
Blockchain 2024-09-26 18:34:47 -
Huaneng Xiapu Nuclear Power Applies for Blockchain Supply Chain Patent to Enhance Efficiency and Security
Huaneng Xiapu Nuclear Power Applies for Blockchain Supply Chain Patent to Enhance Efficiency and SecurityOn September 26, 2024, information released by the State Intellectual Property Office of China revealed that Huaneng Xiapu Nuclear Power Co., Ltd...
Blockchain 2024-09-26 16:29:39 -
Investment Institutions are Bullish on Bitcoin Miners, Cipher Mining Stock Surges 12%
Investment Institutions are Bullish on Bitcoin Miners, Cipher Mining Stock Surges 12%Macquarie recently released a report initiating coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA...
Blockchain 2024-09-26 14:52:53 -
Guangxi Tobacco Industry Applies for a Patent for "Data Processing for Business Systems" using Blockchain Technology to Enhance Data Efficiency
Guangxi Tobacco Industry Applies for a Patent for "Data Processing for Business Systems" using Blockchain Technology to Enhance Data EfficiencyAccording to the National Intellectual Property Administration, Guangxi Tobacco Industry Co., Ltd...
Blockchain 2024-09-26 14:12:14 -
Digital Identity System for AI: Exploring a Sustainable Path for the Digital Human Industry
Digital Identity System for AI: Exploring a Sustainable Path for the Digital Human IndustryOn September 23, 2024, the (First) China Digital Human Conference - Research Forum on Digital Identity System for AI, hosted by the China Internet Society and co-hosted by Beijing Tailor Intelligence Technology Co., Ltd...
Blockchain 2024-09-25 11:52:54 -
Is Bitcoin a Risk-On Asset or a Safe Haven? BlackRock: It Could Be a Global Currency Substitute
Is Bitcoin a Risk-On Asset or a Safe Haven? BlackRock: It Could Be a Global Currency SubstituteDespite Bitcoin's recent price movements showing a high correlation with the US stock market, BlackRock, the world's largest asset manager, believes it may be inaccurate to classify it as a "risk-on" asset. Instead, it may be more accurate to consider it a "safe haven" asset...
Blockchain 2024-09-25 10:45:20 -
Judicial Applications in the Digital Economy: The Dilemma and Countermeasures for Determining the Authenticity of Blockchain Evidence
Judicial Applications in the Digital Economy: The Dilemma and Countermeasures for Determining the Authenticity of Blockchain EvidenceThe rapid development of the digital economy has given rise to a flourishing digital legal system. Blockchain technology, as an important part of the digital economy, plays an increasingly important role in evidence storage, identification, and authentication, thanks to its technological advantages, such as decentralization, information sharing, trustlessness, efficient collaboration, and immutability...
Blockchain 2024-09-25 08:38:57