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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 -
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New Heights
Patent Granted for Blockchain-Based Secure Data Interaction Method: Elevating Data Security to New HeightsOn December 5, 2024, the State Intellectual Property Office of China announced the publication of a patent (publication number CN119066707A) applied for by Beijing Password Cloud Core Technology Co., Ltd...
Blockchain 2024-12-05 09:06:37 -
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and Reliability
Tencent Files Blockchain-Based Data Processing Patent to Enhance Data Anonymity and ReliabilityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 08:59:24 -
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 -
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number Series
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number SeriesThe official launch of the Honor 300 series has significantly altered the competitive landscape of the offline mid-range market. The commercial availability of the vivo S20 series, OPPO Reno13 series, and Honor 300 series marks the beginning of a fierce battle for market share in this segment...
Mobile Internet 2024-12-05 07:16:49 -
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 -
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for Wearables
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for WearablesOn December 4th, 2023, at 10:08 AM, the highly anticipated Huawei Mate70 series smartphones officially went on sale. The Mate70 series includes four models, starting at 5499 yuan, offering consumers a wider range of choices...
Mobile Internet 2024-12-05 02:11:54 -
Huawei Mate70 Series Launch a Resounding Success: A Loyang "Fan" and His Decade-Long Collection Witness the Rise of Domestic Smartphones
Huawei Mate70 Series Launch a Resounding Success: A Loyang "Fan" and His Decade-Long Collection Witness the Rise of Domestic SmartphonesThe Huawei Mate70 series launched simultaneously online and offline on December 5th, sparking a buying frenzy across numerous Huawei offline stores nationwide. Queues snaked around the block, showcasing the immense brand appeal of the Mate series and highlighting the remarkable achievements of Chinese brands in technological innovation and market competition...
Mobile Internet 2024-12-05 01:31:51 -
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic Sensors
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic SensorsHuawei's strong competitiveness in the smartphone market remains undeniable, with a rapid new product release cycle. The highly anticipated Huawei Pura80 series has been confirmed again for a launch next year...
Mobile Internet 2024-12-05 00:17:38