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Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Xiaomi to Offer Monthly Security Updates for its Smartphones Starting in 2025
Xiaomi to Offer Monthly Security Updates for its Smartphones Starting in 2025Xiaomi plans to significantly increase the frequency of security updates for its smartphones, aiming for monthly updates starting in 2025. This was revealed by Xiaomi's Global Vice President, Alvin Tse, on December 1st in response to a user's question on X (formerly Twitter)...
Mobile Internet 2024-12-05 09:18:34 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term Treasuries
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term TreasuriesJean Boivin, head of BlackRock Investment Institute (BII), recently stated in an interview that the Federal Reserve will likely remain on hold next year due to persistent inflation, advising investors to favor global bonds over long-term US Treasuries. He argued that the current market environment isn't the start of an easing cycle, but rather an adjustment or recalibration, with the Fed unlikely to accommodate the market with rate cuts...
Blockchain 2024-12-05 08:13:05 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong Rebound
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong ReboundA significant surge swept through the cryptocurrency market during Wednesday's (December 4th) late New York trading session. The CME Bitcoin futures contract (BTC) settled at $98,780...
Blockchain 2024-12-05 06:30:29 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44 -
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB Update
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB UpdateThe Huawei Mate70 series smartphones officially went on sale at 10:08 AM on December 4th, with prices starting at 5499 for the four models. Simultaneously, a public beta program for HarmonyOS NEXT (native HarmonyOS) was launched for six devices, including the Huawei Mate70 series and MateX6...
Mobile Internet 2024-12-05 02:16:30 -
iQOO's Strongest Fast Charging and Battery Life Combo: An In-Depth Analysis of iQOO 12/13 Series Charging Compatibility and Real-World Tests
iQOO's Strongest Fast Charging and Battery Life Combo: An In-Depth Analysis of iQOO 12/13 Series Charging Compatibility and Real-World TestsThose familiar with the tech world will be no stranger to the claim of "iQOO's strongest fast charging and battery life combo." Following the release of the iQOO 13, in addition to the powerful performance brought by the Snapdragon 8 Gen 2 and the self-developed Q2 gaming chip, iQOO has consistently highlighted its impressive fast charging and battery life capabilities...
Mobile Internet 2024-12-04 22:38:07 -
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market Fragility
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market FragilityOn the evening of December 3rd, a stunning flash crash occurred on Upbit, a major South Korean cryptocurrency exchange, with Bitcoin plunging nearly 30% within minutes to around $62,000 (approximately 88 million KRW) before swiftly recovering. This event garnered global attention, its cause attributed to a confluence of factors: the short-term impact of domestic political instability in South Korea, and the inherent structural and liquidity vulnerabilities within the South Korean cryptocurrency market itself...
Blockchain 2024-12-04 21:10:09 -
iPhone 17 Pro Revolutionary Upgrades: Low-Dielectric TEE Display Technology and Titanium Body Highlight
iPhone 17 Pro Revolutionary Upgrades: Low-Dielectric TEE Display Technology and Titanium Body HighlightNext year's iPhone 17 series is rumored to bring significantly more substantial upgrades than this year's iPhone 16 series, with the iPhone 17 Pro and Pro Max models generating the most buzz. Leaks suggest these high-end models will not only see increased size but also a larger rectangular camera bump on the rear...
Mobile Internet 2024-12-04 21:02:18 -
Shang Hong Technology Applies for Patent on "Cloud-Based Computer Network Information Service Management Method and System" to Improve Efficiency
Shang Hong Technology Applies for Patent on "Cloud-Based Computer Network Information Service Management Method and System" to Improve EfficiencyFinancial World, December 4, 2024 According to the State Intellectual Property Office of China, Shang Hong Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-04 20:08:37
