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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 -
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 -
Redmi K80 Series Teased: Powered by Snapdragon 8 Gen 2 for Ultimate Performance
Redmi K80 Series Teased: Powered by Snapdragon 8 Gen 2 for Ultimate PerformanceToday, Redmi's official WeChat account was renamed to REDMI, with the "Redmi" lettering now in all caps, hinting at a brand upgrade on the horizon. According to leaks, Redmi will officially start teasing its K80 series next week, which includes two models: K80 and K80 Pro...
Mobile Internet 2024-11-15 16:23:41 -
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 -
Samsung Galaxy S25 Series Release Date Revealed: January 22, 2025, Featuring Snapdragon 8 Elite
Samsung Galaxy S25 Series Release Date Revealed: January 22, 2025, Featuring Snapdragon 8 EliteAccording to a tweet from source MaxJambor on X platform, Samsung will hold its Galaxy Unpacked event in the United States on January 22, 2025, to officially launch the Galaxy S25 series of phones and the OneUI 7 update. IT Home, citing the source, reports that pre-orders for the new devices will open 10-15 days before the event, with a general release expected in early February...
Mobile Internet 2024-11-15 16:03:31 -
Samsung Galaxy S25 Standard Edition Spotted on GeekBench: Featuring Snapdragon 8 Gen 3 for Galaxy Chipset and 12GB RAM
Samsung Galaxy S25 Standard Edition Spotted on GeekBench: Featuring Snapdragon 8 Gen 3 for Galaxy Chipset and 12GB RAMTechnology media outlet sammyguru published a blog post today reporting that the Samsung Galaxy S25 standard edition phone for the Korean market has appeared on the GeekBench benchmark database, confirming its use of the Qualcomm Snapdragon 8 Gen 3 chipset and an upgrade to 12GB of RAM. According to the database page, the model number is SM-S931N, and it achieved a single-core score of 2481 and a multi-core score of 8658 on GeekBench 6...
Mobile Internet 2024-11-15 15:29:21 -
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 -
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy Reserve
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy ReserveOn November 15th, a Senate ally of US President-elect Donald Trump proposed a plan to fund the presidents proposed Bitcoin strategic reserve without increasing the government deficit. Republican Senator Cynthia Lummis of Wyoming plans to introduce the bill in the next Congress, which would require the US to purchase 1 million Bitcoins, representing nearly 5% of the circulating coins...
Blockchain 2024-11-15 11:12:56 -
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market Debate
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market DebateCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Donald Trump in the US Senate, is proposing a bold plan: selling a portion of the Federal Reserve's gold reserves and using the proceeds to purchase 1 million Bitcoin. This proposal is aimed at fulfilling Trump's proposed strategy of establishing a Bitcoin strategic reserve...
Blockchain 2024-11-15 10:12:20 -
iQOO Neo10 Series New Phone Leaked: Orange Color, Flat Frame Design, Powered by Snapdragon 8 Gen3 and Dimensity 9400 Processors
iQOO Neo10 Series New Phone Leaked: Orange Color, Flat Frame Design, Powered by Snapdragon 8 Gen3 and Dimensity 9400 ProcessorsiQOO Neo product manager @Neo_Beta today released a partial look of a new phone, expected to be the upcoming iQOO Neo10 series. From the leaked image, this new phone will sport an orange color scheme...
Mobile Internet 2024-11-15 09:41:37 -
The Transformer Revolution: From Google to ChatGPT, a Transformation Driven by "Attention"
The Transformer Revolution: From Google to ChatGPT, a Transformation Driven by "Attention"In 2017, eight machine learning researchers at Google published a groundbreaking paper titled Attention Is All You Need, introducing the Transformer AI architecture. This paper became one of the key elements driving the boom of modern artificial intelligence...
Industry dynamics 2024-11-15 09:40:01
