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Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic Crash
Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic CrashElliott Management, a $70 billion hedge fund, has issued a stark warning, arguing that the Trump administration's enthusiastic support for cryptocurrencies is fueling a dangerous speculative frenzy that could lead to unpredictable and "severe disruption" once the bubble bursts. The warning, reported by the Financial Times on Friday, January 31st, in a letter to investors, sharply criticizes the US government's embrace of these "inherently valueless" assets, accusing some politicians of supporting assets that could challenge the dollar's dominance...
Blockchain 2025-01-31 17:04:14 -
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service Efficiency
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service EfficiencyFinancial News reported on January 31, 2025, that China Construction Bank Corporation (CCB) filed a patent application in September 2024 for a "Data Processing Method, Device, Equipment, Medium, and Program Product Based on Fee Payment," with the publication number CN119379293A. This patent aims to leverage blockchain technology to improve the efficiency and security of fee payment data processing, further optimizing CCB's financial services...
Blockchain 2025-01-31 15:17:22 -
Apple iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge Anticipation
Apple iPhone SE4: A17 Pro Chip and Sub-$500 Price Point Generate Huge AnticipationOn January 31st, news about the upcoming Apple iPhone SE4 exploded across the tech world. Key specs and design have been finalized for this highly anticipated phone, and its incredibly competitive price point has captivated countless consumers...
Mobile Internet 2025-01-31 14:42:21 -
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phones
The TCL T551M: A potential swan song for the Alcatel brand in rugged industrial phonesRecently spotted at China's Ministry of Industry and Information Technology (MIIT), the TCL T551M, a 5G rugged industrial phone, has garnered industry attention. Specifically designed for harsh industrial environments like oil fields, gas plants, mines, and chemical facilities, this phone has undergone rigorous durability testing, proving its reliability as a communication tool in demanding settings...
Mobile Internet 2025-01-30 21:54:29 -
Apple Pay Service Disruption: Apple Investigating
Apple Pay Service Disruption: Apple InvestigatingApple's system status page reported an Apple Pay outage affecting some users starting at 6:30 PM ET on Tuesday. Apple has acknowledged the issue and is actively investigating the cause of the disruption...
Mobile Internet 2025-01-29 12:34:41 -
Tianjin Construction and Development Group Awarded Patent for Blockchain-Based Construction Quality Control
Tianjin Construction and Development Group Awarded Patent for Blockchain-Based Construction Quality ControlOn January 29, 2025, the State Intellectual Property Office of China announced that Tianjin Construction and Development Group Co., Ltd...
Blockchain 2025-01-29 12:29:22 -
Wupo Digital Technology Applies for Patent on Blockchain-Based Bankruptcy Information Management Method and System
Wupo Digital Technology Applies for Patent on Blockchain-Based Bankruptcy Information Management Method and SystemOn January 29, 2025, the State Intellectual Property Office of China revealed that Wupo Digital Technology (Hangzhou) Group Co., Ltd...
Blockchain 2025-01-29 10:45:42 -
Gold and Bitcoin Prices Surge: A Double-Whammy of Dollar Weakness and the Trump Effect
Gold and Bitcoin Prices Surge: A Double-Whammy of Dollar Weakness and the Trump EffectRecently, gold and Bitcoin prices have experienced a sustained rally, hitting new highs. This is closely linked to the weakening US dollar and the policies of newly re-elected US President Donald Trump...
Blockchain 2025-01-28 16:07:35 -
Samsung Galaxy A56 5G Receives FCC Certification, Running One UI 7 Based on Android 15
Samsung Galaxy A56 5G Receives FCC Certification, Running One UI 7 Based on Android 15The Samsung Galaxy A56 5G smartphone has received certification from the Federal Communications Commission (FCC) in the United States. Certification documents reveal the device runs One UI 7, built on top of Android 15...
Mobile Internet 2025-01-28 15:28:02 -
Trump, a Cryptocurrency Billionaire? The Crypto Boom and its Controversies
Trump, a Cryptocurrency Billionaire? The Crypto Boom and its ControversiesFormer US President Donald Trump might now consider himself among the world's wealthiest cryptocurrency billionaires. Bitcoin's recent surge past $109,000 has propelled numerous investors to unprecedented wealth in the booming crypto market...
Blockchain 2025-01-26 07:15:45 -
Trump Coin Soars by $73 Billion: Is a New US Policy Greenlighting Crypto?
Trump Coin Soars by $73 Billion: Is a New US Policy Greenlighting Crypto?A January 26th report in the Southern Metropolis Daily (page A01) revealed that on his fourth day in office, former US President Trump signed a series of executive orders, one of which garnered significant attention: the establishment of the Presidential Digital Asset Market Task Force. This task force is primarily responsible for developing a new regulatory framework for digital assets and exploring the creation of a cryptocurrency reserve...
Blockchain 2025-01-26 00:08:57 -
Trump's Policy Shift Spurs Wall Street's Embrace of Cryptocurrency: A New Era for Banking Giants
Trump's Policy Shift Spurs Wall Street's Embrace of Cryptocurrency: A New Era for Banking GiantsWall Street's attitude towards digital assets is undergoing a dramatic shift following a series of pro-cryptocurrency policies enacted under a reinstated President Trump. Major banking giants are openly expressing their intention to enter the cryptocurrency space...
Blockchain 2025-01-25 14:16:16
