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Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech Giants
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech GiantsDecember 5th brought news that OpenAI, the highly-regarded American AI startup, has reached a new milestone: over 300 million weekly active users. This comes after months of executive changes, acquisition offers, and soaring valuations...
Industry dynamics 2024-12-05 08:26:03 -
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number Series
Honor 300 Series Launch Intensifies Competition in the Offline Mid-Range Market: A Sales Deep Dive into vivo S Series, OPPO Reno Series, and Honor Number SeriesThe official launch of the Honor 300 series has significantly altered the competitive landscape of the offline mid-range market. The commercial availability of the vivo S20 series, OPPO Reno13 series, and Honor 300 series marks the beginning of a fierce battle for market share in this segment...
Mobile Internet 2024-12-05 07:16:49 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44 -
Huawei Mate70 Series Remains a Hot Seller: Shortage, Price Drops, and a Version Selection Guide
Huawei Mate70 Series Remains a Hot Seller: Shortage, Price Drops, and a Version Selection GuideUnlike Xiaomi, which has seemingly abandoned its hunger marketing strategy allowing consumers relatively easy access to new phone models securing a new Huawei phone remains a challenge. The hugely popular Huawei Mate60 series last year, and now the Mate70 series, continue to experience persistent shortages...
Mobile Internet 2024-12-05 00:16:55 -
iQOO's Strongest Fast Charging and Battery Life Combo: An In-Depth Analysis of iQOO 12/13 Series Charging Compatibility and Real-World Tests
iQOO's Strongest Fast Charging and Battery Life Combo: An In-Depth Analysis of iQOO 12/13 Series Charging Compatibility and Real-World TestsThose familiar with the tech world will be no stranger to the claim of "iQOO's strongest fast charging and battery life combo." Following the release of the iQOO 13, in addition to the powerful performance brought by the Snapdragon 8 Gen 2 and the self-developed Q2 gaming chip, iQOO has consistently highlighted its impressive fast charging and battery life capabilities...
Mobile Internet 2024-12-04 22:38:07 -
OPPO Find X8 Ultra: Ushering in a New Era of Imaging and Performance After the 2024 Lunar New Year
OPPO Find X8 Ultra: Ushering in a New Era of Imaging and Performance After the 2024 Lunar New YearThe OPPO Find X8 series, officially launched in October 2023, quickly garnered market attention thanks to its powerful performance and impressive camera system. As of December 2024, news regarding successor models in the OPPO Find X8 series is emerging...
Mobile Internet 2024-12-04 21:47:59 -
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market Fragility
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market FragilityOn the evening of December 3rd, a stunning flash crash occurred on Upbit, a major South Korean cryptocurrency exchange, with Bitcoin plunging nearly 30% within minutes to around $62,000 (approximately 88 million KRW) before swiftly recovering. This event garnered global attention, its cause attributed to a confluence of factors: the short-term impact of domestic political instability in South Korea, and the inherent structural and liquidity vulnerabilities within the South Korean cryptocurrency market itself...
Blockchain 2024-12-04 21:10:09 -
OPPO Find X8 Ultra Officially Receives Network Access License: Flagship Imaging Smartphone Set for Post-Lunar New Year Launch
OPPO Find X8 Ultra Officially Receives Network Access License: Flagship Imaging Smartphone Set for Post-Lunar New Year LaunchOn December 4th, the highly anticipated OPPO Find X8 Ultra (model PKH120), codenamed "Mount Everest," officially received its network access license, signaling its imminent release to consumers. The "Mount Everest" codename is deeply symbolic, representing the peak of OPPO's achievement in imaging technology and promising an unprecedented photographic experience...
Mobile Internet 2024-12-04 20:21:34 -
Is Apple's Self-Developed 5G Modem the Answer to iPhone's Poor Signal Reception? iPhone 17 May Reveal the Answer Next Year
Is Apple's Self-Developed 5G Modem the Answer to iPhone's Poor Signal Reception? iPhone 17 May Reveal the Answer Next YeariPhone's signal reception has long been a source of frustration for users, often described (perhaps hyperbolically) as "the worst of the worst." This raises the question: can a company valued at $3...
Mobile Internet 2024-12-04 19:22:24 -
Honor Magic7/Pro Achieves Top Ranking in China Telecom's Communication Performance Report, Shattering Honor's First-Day Sales Record
Honor Magic7/Pro Achieves Top Ranking in China Telecom's Communication Performance Report, Shattering Honor's First-Day Sales RecordHonor Magic7 and Honor Magic7 Pro have received the No. 1 ranking in overall communication performance in the recently released "2024 China Telecom Terminal Insight Report," setting a new benchmark for the Honor brand...
Mobile Internet 2024-12-04 18:55:06
