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Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal Changes
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal ChangesFederal Reserve Chairman Jerome Powell recently provided a definitive answer regarding whether the Fed would hold Bitcoin. In an interview on December 19th, when asked about the possibility of including Bitcoin in its reserve assets, Powell directly stated that the Federal Reserve is currently not permitted to own Bitcoin, and the institution has never sought to amend any relevant laws or regulations to allow for such holdings...
Blockchain 2024-12-19 04:54:01 -
Bitcoin Plunges Below $103,000!
Bitcoin Plunges Below $103,000!The cryptocurrency market experienced a sharp downturn on December 19th. According to Cailian Press, Bitcoin breached the $103,000 support level, plummeting as much as 3% within 24 hours...
Blockchain 2024-12-19 04:05:20 -
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and Efficiency
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that China Construction Bank Corporation (CCB) has applied for a patent titled "Offline Transaction Method, Hardware Wallet and Medium for Digital Currency," with publication number CN119130448A and an application date of September 2024. This patent application signifies a significant breakthrough in CCB's digital currency hardware wallet technology, providing crucial technological support for promoting the widespread adoption of digital currencies...
Blockchain 2024-12-18 20:41:29 -
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus Technology
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus TechnologyThe foldable phone market is increasingly competitive, with manufacturers striving for lighter, more durable designs. Samsung, a leader in the foldable phone arena, is generating significant buzz with its upcoming Galaxy Z Fold7...
Mobile Internet 2024-12-18 20:25:10 -
Indonesia's High-End Smartphone Market: Samsung Leads, Apple Follows Closely, and Domestic Brands Catch Up
Indonesia's High-End Smartphone Market: Samsung Leads, Apple Follows Closely, and Domestic Brands Catch UpIt's undeniable that the high-end segment of the global smartphone market has long been dominated by Apple and Samsung, with domestic Chinese brands lagging behind. This is primarily due to Apple and Samsung's earlier global expansion and the deep brand recognition they've cultivated in overseas markets...
Mobile Internet 2024-12-18 13:43:08 -
Bitcoin Crashes Below $16,700, Plunging Over 2% in a Day!
Bitcoin Crashes Below $16,700, Plunging Over 2% in a Day!On December 18th, Bitcoin's price fell below the $16,700 mark, experiencing a daily drop exceeding 2%. This significant decline has drawn market attention and further exacerbated the volatility in the cryptocurrency market...
Blockchain 2024-12-18 12:40:07 -
Leaked Images of the Samsung Galaxy S25+ Reveal a Dedicated Camera Button, Sparking Plagiarism Accusations?
Leaked Images of the Samsung Galaxy S25+ Reveal a Dedicated Camera Button, Sparking Plagiarism Accusations?Recently, purported real-world images of the Samsung Galaxy S25+ surfaced online, generating significant attention. The leaked photos suggest the phone retains the overall design language of the Galaxy S24+, featuring a rounded body and a flat screen, with minimal changes to its overall appearance...
Mobile Internet 2024-12-18 10:54:59 -
OpenAI's IPO Journey: Can it Successfully Go Public in 2025 and Solve its Massive Losses?
OpenAI's IPO Journey: Can it Successfully Go Public in 2025 and Solve its Massive Losses?AI leader OpenAI, propelled by its breakout product ChatGPT, has rapidly become a global phenomenon. However, behind this meteoric rise lies significant financial pressure...
Industry dynamics 2024-12-18 10:52:04 -
Bitcoin Plunges Below $105,000!
Bitcoin Plunges Below $105,000!According to reports from MeiJing AI Flash News, Bitcoin's price has fallen below $105,000 per coin today, with a drop of 1.09%...
Blockchain 2024-12-18 10:11:39 -
Bitcoin Soars Past $108,000, Setting New Highs as Market Eyes $110,000
Bitcoin Soars Past $108,000, Setting New Highs as Market Eyes $110,000Bitcoin surged past $108,000 on Tuesday, marking a new all-time high for the second consecutive day, with traders setting their sights on the $110,000 milestone. The cryptocurrency's price has increased by over 150% this year, and traders are actively increasing their bets on further gains in the options market...
Blockchain 2024-12-18 08:46:07 -
Bitcoin Soars to Record High of $108,000: Market Analysis and Future Outlook
Bitcoin Soars to Record High of $108,000: Market Analysis and Future OutlookBitcoin's price surged past $108,000 on December 17th, marking a new all-time high for the second consecutive day. Subsequent volatility led to price consolidation and a subsequent pullback...
Blockchain 2024-12-18 08:38:14 -
Tech News Overnight and This Morning: Xiaomi's 100W Fast Charging Faces Challenges, Huawei's HarmonyOS Partners with CCTV, Alibaba Sells Yintai at a Huge Loss, and More
Tech News Overnight and This Morning: Xiaomi's 100W Fast Charging Faces Challenges, Huawei's HarmonyOS Partners with CCTV, Alibaba Sells Yintai at a Huge Loss, and MoreWednesday, December 18, 2024 saw a flurry of significant events in the tech world. From bottlenecks in phone fast-charging technology to strategic adjustments by automakers, market feedback on AI applications, and breakthroughs in emerging technologies, there's much to unpack...
Mobile Internet 2024-12-18 08:32:51