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Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic Crash
Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic CrashElliott Management, a $70 billion hedge fund, has issued a stark warning, arguing that the Trump administration's enthusiastic support for cryptocurrencies is fueling a dangerous speculative frenzy that could lead to unpredictable and "severe disruption" once the bubble bursts. The warning, reported by the Financial Times on Friday, January 31st, in a letter to investors, sharply criticizes the US government's embrace of these "inherently valueless" assets, accusing some politicians of supporting assets that could challenge the dollar's dominance...
Blockchain 2025-01-31 17:04:14 -
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss Expectations
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss ExpectationsTesla's Q4 2023 earnings report revealed a significant boost to its performance thanks to its Bitcoin holdings, driven by the implementation of a new accounting standard. CFO Vaibhav Taneja announced on Wednesday's earnings call that Tesla's net income received a $600 million uplift due to the adoption of a new digital asset accounting method, primarily resulting from mark-to-market gains on its Bitcoin holdings...
Blockchain 2025-01-31 15:24:57 -
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service Efficiency
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service EfficiencyFinancial News reported on January 31, 2025, that China Construction Bank Corporation (CCB) filed a patent application in September 2024 for a "Data Processing Method, Device, Equipment, Medium, and Program Product Based on Fee Payment," with the publication number CN119379293A. This patent aims to leverage blockchain technology to improve the efficiency and security of fee payment data processing, further optimizing CCB's financial services...
Blockchain 2025-01-31 15:17:22 -
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data Management
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data ManagementThe State Intellectual Property Office of China shows that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-31 15:16:46 -
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto Regulation
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto RegulationBitcoin prices extended their biggest weekly gains, climbing 1.3% to approximately $10,513 as of 8:30 AM ET Thursday...
Blockchain 2025-01-31 15:03:37 -
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and Security
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and SecurityOn January 31, 2025, the State Intellectual Property Office of China revealed that Southern Power Grid Digital Enterprise Technology (Guangdong) Co., Ltd...
Blockchain 2025-01-31 15:02:46 -
Apple CEO Tim Cook: iPhone Innovation Is Far From Over, Future Form Factor Could Subvert Expectations
Apple CEO Tim Cook: iPhone Innovation Is Far From Over, Future Form Factor Could Subvert ExpectationsApple's latest financial results were announced during the Q1 2025 (Q4 2024) earnings call. During the conference, CEO Tim Cook expressed considerable optimism about Apple's product lines, particularly the future of the iPhone...
Mobile Internet 2025-01-31 14:44:02 -
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?During the Q1 2025 earnings call, Apple CEO Tim Cook's response regarding future design innovation for iPhones sparked widespread speculation about an upcoming "iPhone 17 Air." While Cook is typically cautious on earnings calls, avoiding details about future products, his response this time was surprisingly encouraging...
Mobile Internet 2025-01-31 14:26:08 -
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond Expectations
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond ExpectationsDuring today's earnings call, Apple CEO Tim Cook announced that iPhone 16 sales exceeded expectations, driven significantly by the strong performance of Apple Intelligence. This news is a major boost for Apple in the fiercely competitive smartphone market...
Mobile Internet 2025-01-31 14:24:47 -
vivo's 2024 Sales Triumph: A Perfect Blend of Imaging Prowess and Channel Strength
vivo's 2024 Sales Triumph: A Perfect Blend of Imaging Prowess and Channel StrengthIn 2024, vivo phones, through a steady and consistent strategy focused on imaging and performance improvements across a wide range of price points and product categories, captured the hearts of consumers and secured the top spot in China's domestic smartphone market. This year witnessed remarkable achievements for vivo; let's delve into its impressive performance...
Mobile Internet 2025-01-30 21:43:10 -
Samsung Officially Releases One UI 7 Stable Version: A Deep Dive into Google Maps Now Bar Functionality and App Updates
Samsung Officially Releases One UI 7 Stable Version: A Deep Dive into Google Maps Now Bar Functionality and App UpdatesWith the stunning unveiling of the Galaxy S25 series at the Unpacked event on January 22nd, Samsung simultaneously launched the highly anticipated stable version of One UI 7. This is more than just a simple system update; it introduces many exciting new features, most notably the innovative "Now Bar" functionality...
Mobile Internet 2025-01-30 18:44:07 -
High-Resolution Render of vivo V50 5G in Rose Gold Revealed, Featuring Snapdragon 7 Gen 3 and Potentially the Thinnest in its Class
High-Resolution Render of vivo V50 5G in Rose Gold Revealed, Featuring Snapdragon 7 Gen 3 and Potentially the Thinnest in its ClassIT Home, January 30th Prominent leaker Yogesh Brar shared a high-resolution render of the vivo V50 5G on X, along with key specifications. The render showcases a "Rose Red" color option, reportedly inspired by Indian weddings, creating a romantic and festive atmosphere...
Mobile Internet 2025-01-30 08:55:39
