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Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market Devastated
Fed Rate Cut Triggers Massive US Stock Market Plunge: Dow, Nasdaq, S&P 500 All Plummet, Crypto Market DevastatedOn December 18, 2023, the US stock market experienced a significant sell-off, with all three major indices closing sharply lower, sending shockwaves through the market. The Dow Jones Industrial Average plummeted 1123...
Blockchain 2024-12-19 08:35:57 -
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional Showdown
Trump's Bitcoin Reserve Plan: The Fed's Strong Opposition and the Potential Congressional ShowdownPresident Trump's proposed creation of a US "strategic bitcoin reserve" is facing strong headwinds from the Federal Reserve. The plan has garnered significant market attention since the price of bitcoin surged above $100,000 following Trump's November 5th election victory...
Blockchain 2024-12-19 08:28:07 -
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto Market
Bitcoin Plunges: Fed's Hawkish Stance Shakes Crypto MarketBitcoin suffered a significant setback on December 18th, plummeting over 5%its largest single-day drop in over three months. This sharp decline is part of a broader sell-off in global speculative assets, directly triggered by the Federal Reserve's more cautious signals regarding future interest rate cuts...
Blockchain 2024-12-19 08:22:39 -
Huawei Takes the Lead! Q4 2024 Sees a Fierce Battle for Dominance in China's Smartphone Market
Huawei Takes the Lead! Q4 2024 Sees a Fierce Battle for Dominance in China's Smartphone MarketThe fourth quarter of 2024 witnessed an unprecedented level of competition in China's smartphone market, potentially reshaping the entire year's rankings. While final data is still pending, December's market shifts already hint at the cutthroat nature of the battle...
Mobile Internet 2024-12-19 08:20:05 -
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future Uncertainty
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future UncertaintyFederal Reserve Chairman Jerome Powell definitively stated at a press conference following the December interest rate meeting that the Fed will not include Bitcoin in its balance sheet. This statement directly addressed market speculation about the Fed potentially holding Bitcoin, injecting a degree of certainty into the future of the cryptocurrency market...
Blockchain 2024-12-19 08:08:25 -
OnePlus Ace5 Series Imminent: Powered by Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Showcases Stunning Titanium Colorway
OnePlus Ace5 Series Imminent: Powered by Snapdragon 8 Gen 3/Snapdragon 8+ Gen 1, Showcases Stunning Titanium ColorwayThe annual year-end battle in the smartphone market is about to begin, and OnePlus is joining the fray. On December 19th, OnePlus officially announced the launch date for its Ace5 series...
Mobile Internet 2024-12-19 07:57:15 -
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market Turmoil
The Fed's Surprise "Hawkish" Turn: 25-Basis-Point Cut Triggers Stock Market Plunge and Global Market TurmoilReasons Behind the Fed's "Hawkish" Stance and Market Reaction:This action sharply contrasted with market expectations of continued significant rate cuts by the Fed next year, further fueling US equity gains. The Fed's cautious stance triggered a surge in US Treasury yields, with the 10-year Treasury yield briefly exceeding 4...
Blockchain 2024-12-19 07:15:26 -
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues Cited
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues CitedApple has officially abandoned its much-anticipated iPhone hardware subscription service, according to Bloomberg reporter Mark Gurman. The decision, ending two years of development, halts a plan that would have allowed users to receive a new iPhone annually for a monthly fee, offering a more accessible option for those unable to afford the upfront cost...
Mobile Internet 2024-12-19 06:55:49 -
Bitcoin Plunges Below $103,000!
Bitcoin Plunges Below $103,000!The cryptocurrency market experienced a sharp downturn on December 19th. According to Cailian Press, Bitcoin breached the $103,000 support level, plummeting as much as 3% within 24 hours...
Blockchain 2024-12-19 04:05:20 -
iPhone 17 Pros Design Overhaul: Goodbye Cooktop, Hello Splice, as Horizontal Camera Arrangement Deemed Infeasible
iPhone 17 Pros Design Overhaul: Goodbye Cooktop, Hello Splice, as Horizontal Camera Arrangement Deemed InfeasibleRecent leaks regarding the iPhone 17 Pro's design have sparked considerable online buzz, with numerous renders and speculations circulating. The most prominent claims include a "six-year design revolution" and a controversial horizontal triple-camera arrangement...
Mobile Internet 2024-12-19 00:41:17 -
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to Launch
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to LaunchThe small-screen smartphone market has seen a resurgence, with straight-screen designs becoming the norm, appealing to consumers who value compact and portable devices. Just a few years ago, small-screen phones were scarce...
Mobile Internet 2024-12-18 22:55:19 -
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market Forecast
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market ForecastRedmi, a sub-brand of Xiaomi, is renowned for its high-performance-to-price ratio. While it didn't release any new phones in 2024, the highly anticipated Redmi Turbo 4 is set for an official launch in January 2025...
Mobile Internet 2024-12-18 22:54:30
