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People's Bank of China Holds Work Conference for the Second Half of the Year: Financial Services and Management Level to Reach New Heights
People's Bank of China Holds Work Conference for the Second Half of the Year: Financial Services and Management Level to Reach New HeightsOn August 1st, the People's Bank of China convened a work conference for the second half of 2024. The conference summarized the work completed in the first half of the year, analyzed the current economic and financial situation, and deployed tasks for the next stage...
Blockchain 2024-08-04 10:29:39 -
Bitcoin Plunges Below $64,000, Losing Over 1% Intraday
Bitcoin Plunges Below $64,000, Losing Over 1% IntradayAccording to the latest data from [Source of data, e.g...
Blockchain 2024-08-04 10:27:33 -
Bitcoin Drops Below $60,000, Hitting a Seven-Week Low
Bitcoin Drops Below $60,000, Hitting a Seven-Week LowAugust 17, Beijing Time - Bitcoin prices continue to decline, breaking below the $60,000 mark and hitting a new low since July 14. As of press time, Bitcoin is trading at $59,661, down 2...
Blockchain 2024-08-04 10:11:21 -
ZLXT Tech Obtains Patent for "Cross-Modal Data Joint Management Method Based on Blockchain"
ZLXT Tech Obtains Patent for "Cross-Modal Data Joint Management Method Based on Blockchain"On July 31, 2024, according to Tianyancha intellectual property information, ZLXT Technology Co., Ltd...
Blockchain 2024-08-04 10:10:22 -
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges Coexist
The AI Wave Sweeps Over the Banking Industry: Opportunities and Challenges CoexistBy Zhang Hong and Li Yuwen, Editors: Ma Ziqing"The number of banking jobs that AI might replace could be greater than in any other sector." According to a recent report by Citigroup, about 54% of jobs in the US banking industry are potentially automatable, and a further 12% can be enhanced through AI...
Blockchain 2024-08-04 10:09:57 -
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"
The AI Gold Rush: Tech Giants' Burning Money in a "Survival War"This week, the tech stock market experienced a dramatic roller coaster ride, with AI frontrunner Nvidia at the heart of the "frenzy." On Tuesday, Nvidia's stock price plunged by 7%, but the next day it surged nearly 13%, adding a staggering $330 billion to its market value...
Blockchain 2024-08-04 10:09:38 -
Trump Embraces Bitcoin: Election Strategy or a Sign of Dollar Collapse?
Trump Embraces Bitcoin: Election Strategy or a Sign of Dollar Collapse?On July 27th, at the Bitcoin 2024 conference in Nashville, Tennessee, former US President and Republican presidential candidate for the 2024 election, Donald Trump, delivered a striking speech announcing that he would include Bitcoin as a strategic reserve asset for the United States. This move has sparked widespread attention and discussion...
Blockchain 2024-08-04 10:09:12 -
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending Spree
The AI Investment Frenzy: A Survival Battle Behind Tech Giants' Spending SpreeThis week, tech giants have been caught in a whirlwind of AI investment-driven drama. Nvidia's stock price has been on a rollercoaster ride, plummeting 7% on Tuesday, only to soar nearly 13% the next day, adding $330 billion to its market cap and sending other tech stocks on a similar wild ride...
Blockchain 2024-08-04 10:08:48 -
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 Liquidations
Risk Aversion Intensifies, Bitcoin Stages a Rollercoaster Ride: Dips Below $63,000 Before Rebound, Over 100,000 LiquidationsAmidst heightened global tensions, risk assets have faced a sell-off, and Bitcoin has not been spared. In the past 24 hours, Bitcoin's price plummeted from $66,700 to below $63,000, representing a decline of nearly 3%...
Blockchain 2024-08-04 10:08:26 -
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for Clients
Morgan Stanley Takes the Lead in Embracing Bitcoin ETFs, Offering New Investment Options for ClientsAmong traditional financial institutions on Wall Street, Morgan Stanley is the first to open investment channels for Bitcoin exchange-traded funds (ETFs) to its clients. On Friday, August 2nd, the global wealth management giant announced that starting August 7th, its approximately 15,000 financial advisors will be authorized to recommend Bitcoin ETFs to eligible clients...
Blockchain 2024-08-04 10:08:02 -
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Blockchain 2024-08-04 10:07:32 -
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMB
Beijing Focuses on Building a Digital Financial Ecosystem, Promoting the Full-Scenario Application of Digital RMBOn July 31, the People's Bank of China Beijing Branch and the State Administration of Foreign Exchange Beijing Branch jointly held a press conference to announce the financial statistics of Beijing in the first half of 2024 and introduce the progress of the "Five Major Articles" in the financial field. Among them, Yu Jian, director of the Monetary Credit Management Division of the People's Bank of China Beijing Branch, elaborated on the relevant measures in promoting the construction of the capital's digital financial ecosystem...
Blockchain 2024-08-04 10:07:07