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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 -
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal Changes
Powell Makes it Clear: The Federal Reserve Has No Intention of Holding Bitcoin, Nor Has It Sought Legal ChangesFederal Reserve Chairman Jerome Powell recently provided a definitive answer regarding whether the Fed would hold Bitcoin. In an interview on December 19th, when asked about the possibility of including Bitcoin in its reserve assets, Powell directly stated that the Federal Reserve is currently not permitted to own Bitcoin, and the institution has never sought to amend any relevant laws or regulations to allow for such holdings...
Blockchain 2024-12-19 04:54:01 -
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 -
The iPhone 17 Pro Max: A Perfect Fusion of Horizontal Triple Camera, Aluminum Body, and the A19 Chip
The iPhone 17 Pro Max: A Perfect Fusion of Horizontal Triple Camera, Aluminum Body, and the A19 ChipThe rapid advancement of Chinese smartphone manufacturers has injected unprecedented competitive pressure into the mobile phone market. Overseas brands, especially Apple, are feeling this pressure acutely...
Mobile Internet 2024-12-18 22:53:43 -
OnePlus Ace 5 Series Global Launch Date Confirmed: January 7th, 2025; Titanium Colorway Revealed
OnePlus Ace 5 Series Global Launch Date Confirmed: January 7th, 2025; Titanium Colorway RevealedOnePlus recently announced the global launch date for the OnePlus 13 and OnePlus Ace 5, marking the imminent arrival of these highly anticipated devices to the global market. According to a post by OnePlus employee @Cai Zuhxuan on social media, both the global OnePlus 13 and the global OnePlus Ace 5 will officially launch on January 7th, 2025...
Mobile Internet 2024-12-18 22:31:09 -
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel Anticipation
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel AnticipationRumors surrounding Apple's next flagship iPhone 17 series, slated for a December 2024 release, are swirling. Recently, purported renders of the iPhone 17 Pro Max surfaced online, offering a glimpse of the highly anticipated device...
Mobile Internet 2024-12-18 21:47:00 -
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction Convenience
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction ConvenienceFinancial World reported on December 18, 2024, that China Mobile Internet Co., Ltd...
Blockchain 2024-12-18 20:58:32 -
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain Finance
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain FinanceOn December 18, 2024, the State Intellectual Property Office of China revealed that Shanghai Electric Group Digital Technology Co., Ltd...
Blockchain 2024-12-18 20:53:07 -
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and Efficiency
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that China Construction Bank Corporation (CCB) has applied for a patent titled "Offline Transaction Method, Hardware Wallet and Medium for Digital Currency," with publication number CN119130448A and an application date of September 2024. This patent application signifies a significant breakthrough in CCB's digital currency hardware wallet technology, providing crucial technological support for promoting the widespread adoption of digital currencies...
Blockchain 2024-12-18 20:41:29
