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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 -
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 -
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in Fire
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in FireCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Trump, is brewing a bold plan. According to Caixin Global's report, Senator Lummis intends to introduce a bill called the "BITCOIN Act" in the new Congress...
Blockchain 2024-11-15 15:31:59 -
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After Release
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After ReleaseOn February 14, 2023, a US computer expert was sentenced to five years in prison for stealing billions of dollars in Bitcoin and, with the help of his wife, laundering a portion of the stolen funds over several years. The defendant in the case, Ilya Lichtenstein, is a Russian-born US citizen who works in business and cryptocurrency investments...
Blockchain 2024-11-15 14:56:40 -
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage Efficiency
Shenzhen Yunxi Valley Technology Applies for Patent on "Embedded Product Test Data Management Method and System" to Enhance Blockchain Storage EfficiencyFinancial World, November 15, 2024 - The National Intellectual Property Administration (CNIPA) information shows that Shenzhen Yunxi Valley Technology Co., Ltd...
Blockchain 2024-11-15 13:45:50 -
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 -
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?
Domestic Smartphones Charge into High-End Market, Price Hikes Behind Flagship Phones: Will You Need to "Pay More" for Face in the Future?Recently, market research firm Counterpoint Research released a report on the high-end market situation for smartphones in China in 2024. While the overall market sales saw a 4% year-on-year increase, the market share for models priced over $600 (approximately 4,300 yuan) saw an 8% jump...
Mobile Internet 2024-11-15 11:37:11 -
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 -
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of Technology
Nubia Z70 Ultra Officially Announced: Launching on November 21st, Featuring a Hole-less Full-Screen Display and the Nebula AIOS System to Usher in a New Wave of TechnologyNubia officially announced on November 14th that its newest flagship model, the Z70 Ultra, will be officially launched on November 21st, 2024 at 2 PM. As Nubia's most anticipated product of the year, the Z70 Ultra will lead the mobile industry into a new era of technology with its groundbreaking hole-less full-screen design, powerful hardware configuration, and the first-ever Nebula AIOS system...
Mobile Internet 2024-11-15 10:35:56 -
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 -
Xiaomi 14 Tops the Charts: Who Will be the Next "Small Screen Flagship" King?
Xiaomi 14 Tops the Charts: Who Will be the Next "Small Screen Flagship" King?This year's Double Eleven shopping festival saw an unexpected trend in the 4,000-5,999 yuan price range. While the Xiaomi 15 took the top spot, the Xiaomi 14 secured second place, outperforming all other flagship phones released during the same period...
Mobile Internet 2024-11-15 09:24:16
