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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 -
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data Validity
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data ValidityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 09:04:49 -
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 -
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term Treasuries
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term TreasuriesJean Boivin, head of BlackRock Investment Institute (BII), recently stated in an interview that the Federal Reserve will likely remain on hold next year due to persistent inflation, advising investors to favor global bonds over long-term US Treasuries. He argued that the current market environment isn't the start of an easing cycle, but rather an adjustment or recalibration, with the Fed unlikely to accommodate the market with rate cuts...
Blockchain 2024-12-05 08:13:05 -
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 -
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB Update
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB UpdateThe Huawei Mate70 series smartphones officially went on sale at 10:08 AM on December 4th, with prices starting at 5499 for the four models. Simultaneously, a public beta program for HarmonyOS NEXT (native HarmonyOS) was launched for six devices, including the Huawei Mate70 series and MateX6...
Mobile Internet 2024-12-05 02:16:30 -
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for Wearables
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for WearablesOn December 4th, 2023, at 10:08 AM, the highly anticipated Huawei Mate70 series smartphones officially went on sale. The Mate70 series includes four models, starting at 5499 yuan, offering consumers a wider range of choices...
Mobile Internet 2024-12-05 02:11:54 -
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic Sensors
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic SensorsHuawei's strong competitiveness in the smartphone market remains undeniable, with a rapid new product release cycle. The highly anticipated Huawei Pura80 series has been confirmed again for a launch next year...
Mobile Internet 2024-12-05 00:17:38 -
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 -
realme Neo7: Launching December 11th with a 7000mAh "Titan" Battery and Dimensity 9300+ Chip
realme Neo7: Launching December 11th with a 7000mAh "Titan" Battery and Dimensity 9300+ ChipThe highly anticipated realme Neo7 is set to officially launch on December 11th at 4 PM. The device has already appeared on the MIIT (Ministry of Industry and Information Technology) and Telecommunications Equipment Terminal Network databases, revealing its detailed specifications...
Mobile Internet 2024-12-04 22:57:02 -
realme Neo7: Launching December 11th A Perfect Fusion of Flagship-Level Durability and Ultra-Long Battery Life
realme Neo7: Launching December 11th A Perfect Fusion of Flagship-Level Durability and Ultra-Long Battery LifeThe realme Neo7 is officially launching on December 11th, boasting "flagship-level durability, incredibly long battery life, and top-tier build quality," aiming to dominate the mid-range smartphone market. realme has recently teased the phone's performance and battery life through various pre-launch campaigns and released official images...
Mobile Internet 2024-12-04 21:50:17
