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Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market Reaction
Bitcoin Flash Crash: A Deep Dive into the Fed's Rate Cut, Potential Government Reserves, and Market ReactionIn the early hours of December 19th, Bitcoin experienced a sharp price drop, briefly falling below $100,000 per coin. This represented the largest single-day percentage decline since August, a stark contrast to the previous day's record high of over $108,000...
Blockchain 2024-12-19 12:51:36 -
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin Holdings
Bitcoin Plummets: Over 230,000 Liquidated, Fed Chair Powell Declares No Bitcoin HoldingsIn the early hours of December 19th, Bitcoin experienced a sharp drop, briefly falling below $100,000 and marking its largest single-day decline since August. This dramatic volatility sent shockwaves through the cryptocurrency market...
Blockchain 2024-12-19 11:45:21 -
Honor Magic7RSR Porsche Design: Zhu Zhu Embodies the Perfect Fusion of Fashion and Technology
Honor Magic7RSR Porsche Design: Zhu Zhu Embodies the Perfect Fusion of Fashion and TechnologyToday, Honor's official Weibo account released a series of artistic photos featuring Honor's art and aesthetics ambassador, Zhu Zhu, showcasing the Honor Magic7RSR Porsche Design. In the photos, Zhu Zhu elegantly holds the phone, with a purple sports car parked beside her...
Mobile Internet 2024-12-19 11:05:23 -
Huawei's Strong Comeback: Captures Top Spot in China's Smartphone Market in Week 49 of 2024, Driven by Mate70 Series
Huawei's Strong Comeback: Captures Top Spot in China's Smartphone Market in Week 49 of 2024, Driven by Mate70 SeriesThe rankings for China's smartphone activation market share in Week 49 of 2024 are in, and Huawei has forcefully claimed the top spot with a 25% market share, representing a remarkable 59% year-on-year growth. This achievement marks Huawei's strong return and further solidifies its significant position in the domestic smartphone market...
Mobile Internet 2024-12-19 10:31:28 -
Bitcoin Plunges Below $99,000, Experiencing Over 5% Intraday Drop
Bitcoin Plunges Below $99,000, Experiencing Over 5% Intraday DropOn December 19th, Bitcoin prices suffered a sharp decline, falling below the $99,000 mark and experiencing an intraday drop exceeding 5%. This significant plunge has drawn market attention, highlighting once again the inherent risk and volatility of the cryptocurrency market...
Blockchain 2024-12-19 10:22:47 -
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin Reserve
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin ReserveMatt Hogan, Chief Investment Officer (CIO) of Bitwise, the largest US cryptocurrency fund manager, recently made a bold prediction: if the US establishes a national Bitcoin reserve, the price of Bitcoin could skyrocket to $500,000, representing a nearly 400% increase from its current price. This prediction has sparked widespread attention in the cryptocurrency market and brought the topic of a national Bitcoin reserve back into the spotlight...
Blockchain 2024-12-19 10:12:41 -
OnePlus Ace5 Series Launch Set for December 26th, Featuring Uzi as Chief Esports Officer
OnePlus Ace5 Series Launch Set for December 26th, Featuring Uzi as Chief Esports OfficerToday, OnePlus officially announced that the highly anticipated OnePlus Ace5 series will officially launch on December 26th at 2:30 PM. Simultaneously, renowned esports player Uzi joined the team as OnePlus Ace's Chief Esports Officer, generating further excitement for this gaming-focused phone series...
Mobile Internet 2024-12-19 09:38:04 -
The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future Policy
The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future PolicyIn the early hours of Thursday, December 19th (Beijing time), the Federal Reserve announced a 25-basis-point reduction in its target range for the federal funds rate, bringing it down from 4.5% to 4...
Blockchain 2024-12-19 08:59:16 -
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 -
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock Markets
Fed's Unexpected Rate Cut Shift Creates Market Tremors: A Deep Dive into Global Economy and Stock MarketsThe Federal Reserve's 25-basis-point interest rate cut, as expected, was overshadowed by its indication of only two more rate cuts totaling 50 basis points next year. This was far below market expectations (four 25-basis-point cuts were anticipated in September)...
Blockchain 2024-12-19 08:19:43 -
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