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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 -
OnePlus Ace5 Series Makes a Powerful Debut: Dual Flagships Delivering a Perfect Balance of Performance and Power Consumption
OnePlus Ace5 Series Makes a Powerful Debut: Dual Flagships Delivering a Perfect Balance of Performance and Power ConsumptionOnePlus Technology officially announced the Ace5 series on December 19th, with a grand launch scheduled for December 26th. As the strongest flagship in the Ace series to date, OnePlus is breaking the mold by unprecedentedly launching two flagshipsthe OnePlus Ace5 and the OnePlus Ace5 Pro...
Mobile Internet 2024-12-19 15:10:04 -
OnePlus Ace5 Series Officially Announced: Three Stunning Colorways to Debut on December 26th The Ultimate Flagship is Ready!
OnePlus Ace5 Series Officially Announced: Three Stunning Colorways to Debut on December 26th The Ultimate Flagship is Ready!On December 19th, according to Kuai Technology, the highly anticipated OnePlus Ace5 series was officially announced for a grand launch on December 26th. Positioned as the pinnacle of the Ace series, the OnePlus Ace5 series is officially branded as the "ultimate flagship," garnering significant attention for its exceptional performance and design...
Mobile Internet 2024-12-19 15:09:40 -
Patent Application for a Blockchain-Based Control and Analysis System: Enhancing the Intelligent Management Efficiency of Power Distribution Networks
Patent Application for a Blockchain-Based Control and Analysis System: Enhancing the Intelligent Management Efficiency of Power Distribution NetworksOn December 19, 2024, the State Intellectual Property Office of China (SIPO) announced that Shanghai Hezhe Run Technology Co., Ltd...
Blockchain 2024-12-19 14:39:41 -
Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market Reaction
Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market ReactionIn the early hours of December 19th, Bitcoin experienced a sharp price drop, briefly falling below $100,000 per coin. This represented the largest single-day percentage decline since August, a stark contrast to the previous day's record high of over $108,000...
Blockchain 2024-12-19 12:51:36 -
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate Cut
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate CutAsia-Pacific stock markets experienced a broad decline in the morning of December 19th, with market sentiment remaining subdued. The Nikkei 225 index at one point fell by more than 1%, while the South Korean KOSPI experienced an even steeper drop, exceeding 1...
Blockchain 2024-12-19 12:35:00 -
OnePlus Ace5 Series Launching December 26th: Snapdragon 8 Gen 3/Pro Version, Revolutionary Gaming Experience with "Hurricane" Game Engine
OnePlus Ace5 Series Launching December 26th: Snapdragon 8 Gen 3/Pro Version, Revolutionary Gaming Experience with "Hurricane" Game EngineOn December 19th, 2023, Li Jie, President of OnePlus China, officially announced the highly anticipated OnePlus Ace5 series will launch on December 26th at 2:30 PM. The launch will unveil not only the new OnePlus Ace5 and Ace5 Pro, but also OnePlus's groundbreaking self-developed gaming technology the "Hurricane" Game Engine...
Mobile Internet 2024-12-19 10:07:47 -
The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future Policy
The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future PolicyIn the early hours of Thursday, December 19th (Beijing time), the Federal Reserve announced a 25-basis-point reduction in its target range for the federal funds rate, bringing it down from 4.5% to 4...
Blockchain 2024-12-19 08:59:16 -
Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market Devastated
Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market DevastatedOn December 18, 2023, the US stock market experienced a significant sell-off, with all three major indices closing sharply lower, sending shockwaves through the market. The Dow Jones Industrial Average plummeted 1123...
Blockchain 2024-12-19 08:35:57 -
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock Markets
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock MarketsThe Federal Reserve's 25-basis-point interest rate cut, as expected, was overshadowed by its indication of only two more rate cuts totaling 50 basis points next year. This was far below market expectations (four 25-basis-point cuts were anticipated in September)...
Blockchain 2024-12-19 08:19:43 -
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 -
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market Turmoil
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market TurmoilReasons Behind the Fed's "Hawkish" Stance and Market Reaction:This action sharply contrasted with market expectations of continued significant rate cuts by the Fed next year, further fueling US equity gains. The Fed's cautious stance triggered a surge in US Treasury yields, with the 10-year Treasury yield briefly exceeding 4...
Blockchain 2024-12-19 07:15:26
