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Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional Showdown
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional ShowdownPresident Trump's proposed creation of a US "strategic bitcoin reserve" is facing strong headwinds from the Federal Reserve. The plan has garnered significant market attention since the price of bitcoin surged above $100,000 following Trump's November 5th election victory...
Blockchain 2024-12-19 08:28:07 -
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock Markets
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock MarketsThe Federal Reserve's 25-basis-point interest rate cut, as expected, was overshadowed by its indication of only two more rate cuts totaling 50 basis points next year. This was far below market expectations (four 25-basis-point cuts were anticipated in September)...
Blockchain 2024-12-19 08:19:43 -
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 -
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 -
A Detailed Guide to Shooting and Editing Live Photos with the Huawei Mate70 Pro+: Yu Chengdong's Weibo Debut Showcases the AITO M7 "Coming Alive"
A Detailed Guide to Shooting and Editing Live Photos with the Huawei Mate70 Pro+: Yu Chengdong's Weibo Debut Showcases the AITO M7 "Coming Alive"On December 18th, Huawei's Executive Director, Yu Chengdong, posted a live photo of the AITO M7 on his personal Weibo account, marking his first time sharing a live photo on the platform. Titled "Coming Alive," the image not only demonstrates the smooth and precise operation of the AITO M7 but also highlights the powerful imaging capabilities of the Huawei Mate70 Pro+...
Mobile Internet 2024-12-19 00:37:33 -
OnePlus Ace 5 Series Global Launch Date Confirmed: January 7th, 2025; Titanium Colorway Revealed
OnePlus Ace 5 Series Global Launch Date Confirmed: January 7th, 2025; Titanium Colorway RevealedOnePlus recently announced the global launch date for the OnePlus 13 and OnePlus Ace 5, marking the imminent arrival of these highly anticipated devices to the global market. According to a post by OnePlus employee @Cai Zuhxuan on social media, both the global OnePlus 13 and the global OnePlus Ace 5 will officially launch on January 7th, 2025...
Mobile Internet 2024-12-18 22:31:09 -
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 -
Honor Magic7 RSR Porsche Design: The "King" of Imaging Arrives December 23rd!
Honor Magic7 RSR Porsche Design: The "King" of Imaging Arrives December 23rd!In October, Honor unveiled the highly anticipated Honor Magic7 series, with the Honor Magic7, Honor Magic7 Pro, and Honor Magic7 RSR Porsche Design editions particularly attracting attention. The Honor Magic7 RSR Porsche Design, while retaining Honor's signature symmetrical camera module design, cleverly incorporates classic Porsche design elements, such as the iconic hexagon and peak line design...
Mobile Internet 2024-12-18 21:48:37 -
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 -
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction Convenience
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction ConvenienceFinancial World reported on December 18, 2024, that China Mobile Internet Co., Ltd...
Blockchain 2024-12-18 20:58:32 -
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 -
Samsung's Galaxy S25 Series Launch Event Scheduled for January 22, 2025, Featuring the Stunning New S25 Slim!
Samsung's Galaxy S25 Series Launch Event Scheduled for January 22, 2025, Featuring the Stunning New S25 Slim!Pacific Tech News reported on December 18th that Samsung Electronics has officially sent out invitations for its Galaxy Unpacked 2025 event, confirming a grand new product launch on January 22nd, 2025, in the United States. The invitation highlights not only the return of the Galaxy S25 series but also the exciting debut of a brand-new model: the Galaxy S25 Slim...
Mobile Internet 2024-12-18 20:24:00