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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 -
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 -
iPhone 17 Pros Design Overhaul: Goodbye Cooktop, Hello Splice, as Horizontal Camera Arrangement Deemed Infeasible
iPhone 17 Pros Design Overhaul: Goodbye Cooktop, Hello Splice, as Horizontal Camera Arrangement Deemed InfeasibleRecent leaks regarding the iPhone 17 Pro's design have sparked considerable online buzz, with numerous renders and speculations circulating. The most prominent claims include a "six-year design revolution" and a controversial horizontal triple-camera arrangement...
Mobile Internet 2024-12-19 00:41:17 -
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to Launch
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to LaunchThe small-screen smartphone market has seen a resurgence, with straight-screen designs becoming the norm, appealing to consumers who value compact and portable devices. Just a few years ago, small-screen phones were scarce...
Mobile Internet 2024-12-18 22:55:19 -
The iPhone 17 Pro Max: A Perfect Fusion of Horizontal Triple Camera, Aluminum Body, and the A19 Chip
The iPhone 17 Pro Max: A Perfect Fusion of Horizontal Triple Camera, Aluminum Body, and the A19 ChipThe rapid advancement of Chinese smartphone manufacturers has injected unprecedented competitive pressure into the mobile phone market. Overseas brands, especially Apple, are feeling this pressure acutely...
Mobile Internet 2024-12-18 22:53:43 -
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen Options
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen OptionsHuawei, after a successful 2023 with several flagship releases, is already setting its sights on 2024. The highly anticipated Huawei Pura80 has recently leaked, revealing key specifications and generating significant buzz...
Mobile Internet 2024-12-18 21:57:51 -
The Samsung Galaxy S25 Series is Coming Soon: US Launch on January 22nd, Ultra-Narrow Bezels and AI Integration to be Major Highlights
The Samsung Galaxy S25 Series is Coming Soon: US Launch on January 22nd, Ultra-Narrow Bezels and AI Integration to be Major HighlightsDecember 2024 has seen a flurry of leaks regarding Samsung's next-generation flagship phone, the Galaxy S25 series. Recently, digital blogger @iIceUniverse revealed a leaked invitation for the S25 series launch event, scheduled for January 22nd in the US...
Mobile Internet 2024-12-18 21:56:07 -
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel Anticipation
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel AnticipationRumors surrounding Apple's next flagship iPhone 17 series, slated for a December 2024 release, are swirling. Recently, purported renders of the iPhone 17 Pro Max surfaced online, offering a glimpse of the highly anticipated device...
Mobile Internet 2024-12-18 21:47:00 -
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain Finance
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain FinanceOn December 18, 2024, the State Intellectual Property Office of China revealed that Shanghai Electric Group Digital Technology Co., Ltd...
Blockchain 2024-12-18 20:53:07 -
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core Driver
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core DriverOn December 18th, Hurun Research Institute, a third-party consultancy, released the 2024 Hurun Global Gazelle Report in Guangzhou. The report identifies high-growth companies founded after 2000 that are most likely to reach unicorn status (a $1 billion valuation) within the next five years the "gazelles...
Blockchain 2024-12-18 20:43:09
