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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 -
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 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 -
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 -
China Mobile Applies for Blockchain Transaction Anomaly Detection Patent, Enhancing Security and Efficiency
China Mobile Applies for Blockchain Transaction Anomaly Detection Patent, Enhancing Security and EfficiencyFinancial World, December 18, 2024 China Mobile Information Technology Co., Ltd...
Blockchain 2024-12-18 20:33:06 -
Xiaomi 15 Ultra: Dual Satellite Communication and a Revolutionary Imaging System Launching February 2025
Xiaomi 15 Ultra: Dual Satellite Communication and a Revolutionary Imaging System Launching February 2025Xiaomi is set to launch its highly anticipated flagship, the Xiaomi 15 Ultra, in February 2025. The phone is generating significant buzz due to its industry-leading dual satellite communication technology and a dramatically upgraded imaging system...
Mobile Internet 2024-12-18 20:26:00 -
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 -
OnePlus Ace5 Series Imminent Launch: Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Featuring the Revolutionary "HyperBoost Gaming Engine," Leading the Future of Android Gaming
OnePlus Ace5 Series Imminent Launch: Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Featuring the Revolutionary "HyperBoost Gaming Engine," Leading the Future of Android GamingTomorrow, OnePlus will officially announce the release date for the OnePlus Ace5 series. In a pre-release video, Li Jie, President of OnePlus China, boldly proclaimed the phone as "the best Snapdragon 8+ Gen 1 phone this year," instantly igniting anticipation among millions of users...
Mobile Internet 2024-12-18 19:21:21 -
China Ping An Files Patent for Blockchain-Based Claims Data Processing: Enhancing Data Security and Efficiency
China Ping An Files Patent for Blockchain-Based Claims Data Processing: Enhancing Data Security and EfficiencyFinancial News, December 18, 2024 China Ping An Property Insurance Company of China Limited has filed a patent application (CN119128972A, filed August 2024) for a Method, apparatus, computer equipment, and storage medium for processing claims data. This application aims to leverage blockchain technology to improve the security and efficiency of claims data processing, marking another significant advancement in the insurance industry's digital transformation and technological innovation...
Blockchain 2024-12-18 18:00:00
