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Fed Rate Cut Triggers Bitcoin Plunge: Crypto Market Volatility and Future Outlook
Fed Rate Cut Triggers Bitcoin Plunge: Crypto Market Volatility and Future OutlookIn the early hours of December 19th, the Federal Reserve announced a 25-basis-point cut to its benchmark interest rate, hinting at a slower pace of future cuts. This triggered a significant drop in Bitcoin (BTC) price, plunging below $99,000 to a low of $98,744, representing a near 6% decline...
Blockchain 2024-12-19 22:10:57 -
Samsung Secures New Patent for Enhanced Durability in Curved Screens: Could This Signal a Comeback for Curved Smartphones?
Samsung Secures New Patent for Enhanced Durability in Curved Screens: Could This Signal a Comeback for Curved Smartphones?A recently published patent from the United States Patent and Trademark Office (USPTO) reveals that Samsung Electronics has secured a new patent for curved screen technology. The 33-page document focuses on improving the durability and assembly process of curved screen smartphones...
Mobile Internet 2024-12-19 20:34:43 -
Shanghai Inspur Cloud Computing Files Patent for Blockchain-Based Identity Authentication System: Enhancing Security and Data Control
Shanghai Inspur Cloud Computing Files Patent for Blockchain-Based Identity Authentication System: Enhancing Security and Data ControlOn December 19, 2024, the State Intellectual Property Office of China revealed that Shanghai Inspur Cloud Computing Service Co., Ltd...
Blockchain 2024-12-19 17:02:20 -
MediaTek Dimensity 8400: Can This Mid-Range Chip Reshape the Market Landscape?
MediaTek Dimensity 8400: Can This Mid-Range Chip Reshape the Market Landscape?On December 18th, MediaTek officially announced the launch date of the Dimensity 8400 chip, signaling a new wave of fierce competition in the mid-range smartphone market. However, what is the actual performance of the Dimensity 8400? Can it stand out in a fiercely competitive market, and even surpass previous generations of flagship processors? This article will delve into the performance metrics of the Dimensity 8400 and discuss its market prospects and MediaTek's future strategy...
Mobile Internet 2024-12-19 16:46:04 -
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold Bitcoin
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold BitcoinFederal Reserve Chairman Jerome Powell recently stated unequivocally that the Fed has no intention of participating in any government-led "Bitcoin hoarding" scheme, citing the central bank's lack of authority to hold Bitcoin. This statement directly addresses former President Donald Trump's previous proposal to establish a "strategic Bitcoin reserve" upon his return to office...
Blockchain 2024-12-19 15:35:31 -
Samsung Receives Durability Patent for Curved Screens, Potentially Signaling a Comeback
Samsung Receives Durability Patent for Curved Screens, Potentially Signaling a ComebackOn December 12th, the United States Patent and Trademark Office (USPTO) published a patent granted to Samsung concerning curved screen technology. The 33-page patent document focuses on enhancing the durability of curved screen phones and optimizing their assembly process...
Mobile Internet 2024-12-19 14:47:58 -
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin Reserve
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin ReserveMatt Hogan, Chief Investment Officer (CIO) of Bitwise, the largest US cryptocurrency fund manager, recently made a bold prediction: if the US establishes a national Bitcoin reserve, the price of Bitcoin could skyrocket to $500,000, representing a nearly 400% increase from its current price. This prediction has sparked widespread attention in the cryptocurrency market and brought the topic of a national Bitcoin reserve back into the spotlight...
Blockchain 2024-12-19 10:12:41 -
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 OPPO A5 Pro is Coming Soon: Unleashing a New Standard in Durability with Superior Waterproof and Shock Resistance
The OPPO A5 Pro is Coming Soon: Unleashing a New Standard in Durability with Superior Waterproof and Shock ResistanceOPPO officially announced the launch of its new OPPO A5 Pro smartphone on December 24th. As the launch date approaches, OPPO has been strategically releasing product information, piquing fans' interest...
Mobile Internet 2024-12-18 21:50:15 -
Inner Mongolia Power Group Files Patent for Blockchain-Based Power Trading Management System to Enhance Efficiency and Security
Inner Mongolia Power Group Files Patent for Blockchain-Based Power Trading Management System to Enhance Efficiency and SecurityOn December 18, 2024, the State Intellectual Property Office of China announced that the Inner Mongolia Power (Group) Co., Ltd...
Blockchain 2024-12-18 21:06:53 -
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 -
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management Efficiency
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that Sichuan Gezhen Technology Co., Ltd...
Blockchain 2024-12-18 20:36:01