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"Double 11" Smartphone Sales Rebound 26%: Apple Dominates High-End, Xiaomi Shows Strong Growth
"Double 11" Smartphone Sales Rebound 26%: Apple Dominates High-End, Xiaomi Shows Strong GrowthTechInsights' latest report reveals a 26% year-on-year rebound in China's smartphone sales during the "Double 11" shopping festival in 2024, reaching 9.5 million units, driven primarily by an extended sales period...
Mobile Internet 2024-11-15 17:06:28 -
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?Amidst Trump's upcoming bid for a second term in the next Congress, his ally, US Senator Cynthia Lummis, has put forward a bold proposal: to establish a "strategic bitcoin reserve" as proposed by Trump, by selling off a portion of the Federal Reserve's gold reserves and using the proceeds to purchase Bitcoin. This plan has sparked heated debate, and market reaction to the proposal has been mixed...
Blockchain 2024-11-15 16:48:31 -
Smartphone Sales Rebounded 26% During Singles' Day, Outpacing Revenue Growth
Smartphone Sales Rebounded 26% During Singles' Day, Outpacing Revenue GrowthCAIJIAN, Nov. 15 TechInsights' mobile team estimates that smartphone sales rebounded by 26% year-on-year during China's biggest online shopping festival, Singles' Day, reaching 9...
Mobile Internet 2024-11-15 16:44:10 -
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All Wrong
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All WrongSince the night of the US presidential election, the price of Bitcoin has skyrocketed, adding nearly $500 billion in market value in less than two weeks, a near one-third increase. However, some market analysts believe that Trump's policies on cryptocurrency may not be good news, and may even lead to an outflow of funds from the Bitcoin market...
Blockchain 2024-11-15 16:26:11 -
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remain
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remainWhile it's not uncommon for publicly listed companies to invest in stocks, especially those with ample cash reserves, it's less common to see them heavily investing in cryptocurrencies. Following Donald Trump's election as US President, Bitcoin has surged, recently hitting a record high of over US$90,000...
Blockchain 2024-11-15 16:04:55 -
Bitcoin Heist Solved: US Computer Expert Sentenced to 5 Years, Wife Also Convicted!
Bitcoin Heist Solved: US Computer Expert Sentenced to 5 Years, Wife Also Convicted!A US computer expert was recently sentenced to 5 years in prison for stealing billions of dollars worth of Bitcoin and laundering part of the proceeds with the help of his wife over several years. This case not only exposes the growing reality of cybercrime but also serves as a warning that digital asset security should not be overlooked...
Blockchain 2024-11-15 15:59:21 -
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After Release
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After ReleaseOn February 14, 2023, a US computer expert was sentenced to five years in prison for stealing billions of dollars in Bitcoin and, with the help of his wife, laundering a portion of the stolen funds over several years. The defendant in the case, Ilya Lichtenstein, is a Russian-born US citizen who works in business and cryptocurrency investments...
Blockchain 2024-11-15 14:56:40 -
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data System
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data SystemFinancial World, November 15, 2024 - According to information from the State Intellectual Property Office, State Grid Gansu Electric Power Company has applied for a patent titled "A Blockchain-Based Power Core Data Traceability System", with a publication number of CN118944957A, and an application date of August 2024.This patent aims to address the existing problems of complex traceability paths, data privacy tampering, and leakage in current power data traceability methods...
Blockchain 2024-11-15 13:59:08 -
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?Recently, market research firm Counterpoint Research released a report on the high-end market situation for smartphones in China in 2024. While the overall market sales saw a 4% year-on-year increase, the market share for models priced over $600 (approximately 4,300 yuan) saw an 8% jump...
Mobile Internet 2024-11-15 11:37:11 -
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-Year
Lenovo's Smartphone Business Shows Strong Growth, Q2 Revenue Up Nearly 24% Year-on-YearAccording to recent data from market research firm IDC, Lenovo's smartphone business has entered the top five in global markets (excluding China) in terms of total revenue. Meanwhile, research from TechInsights for the third quarter of 2024 indicates that Lenovo-Motorola witnessed the fastest growth among the top ten global smartphone manufacturers with a 26% shipment increase, propelling them to the seventh position globally...
Mobile Internet 2024-11-15 11:20:30