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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 -
iPhone SE4: A "Cheap" Flagship Powered by the A17 Pro Chip? A Battle of Value and Disappointment Among Apple Fans
iPhone SE4: A "Cheap" Flagship Powered by the A17 Pro Chip? A Battle of Value and Disappointment Among Apple FansAs the release date of Apple's iPhone SE4 approaches, rumors surrounding the phone are intensifying. Once shrouded in mystery, the iPhone SE4's specifications are gradually becoming clear...
Mobile Internet 2025-01-31 15:42:48 -
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 Price Crashes Below $10,400!
Bitcoin Price Crashes Below $10,400!Bitcoin prices continued their downward trend today, hitting a low of $10,400 per coin, representing a 0.69% drop...
Blockchain 2025-01-31 15:07:48 -
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market Launch
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market LaunchThe U.S...
Blockchain 2025-01-31 14:58:24 -
Tech News Roundup: January 31, 2025
Tech News Roundup: January 31, 2025Friday, January 31st, 2025 saw a flurry of significant tech news. Let's recap the major events from last night and this morning...
Mobile Internet 2025-01-31 14:50:47 -
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and Privacy
Yunnan Power Grid Applies for Patent on Blockchain and Homomorphic Encryption-Based Data Authorization Method and System, Ensuring Data Security and PrivacyOn January 31, 2025, the State Intellectual Property Office of China revealed that Yunnan Power Grid Corporation's Information Center had applied for a patent titled "A Data Authorization Method and System Based on Blockchain and Homomorphic Encryption," with publication number CN119379286A and an application date of October 2024. This patent represents a significant breakthrough in data security and privacy protection, offering new possibilities for future data authorization and trading models...
Blockchain 2025-01-31 14:46:58 -
In-Depth Analysis of India's 2024 Smartphone Market: Vivo Reigns Supreme in Volume, Apple Dominates Value
In-Depth Analysis of India's 2024 Smartphone Market: Vivo Reigns Supreme in Volume, Apple Dominates Value...
Mobile Internet 2025-01-31 14:44:56 -
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 iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge Anticipation
Apple iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge AnticipationOn January 31st, news about the upcoming Apple iPhone SE4 exploded across the tech world. Key specs and design have been finalized for this highly anticipated phone, and its incredibly competitive price point has captivated countless consumers...
Mobile Internet 2025-01-31 14:42:21