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Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold Bitcoin
Federal Reserve Chairman Powell Rejects Trump's Bitcoin Reserve Plan: The Fed Lacks Authority to Hold BitcoinFederal Reserve Chairman Jerome Powell recently stated unequivocally that the Fed has no intention of participating in any government-led "Bitcoin hoarding" scheme, citing the central bank's lack of authority to hold Bitcoin. This statement directly addresses former President Donald Trump's previous proposal to establish a "strategic Bitcoin reserve" upon his return to office...
Blockchain 2024-12-19 15:35:31 -
iPhone 17 Series: Rumors of a "Race Track" Camera and the A19 Chip Fact or Fiction?
iPhone 17 Series: Rumors of a "Race Track" Camera and the A19 Chip Fact or Fiction?Recently, rumors surrounding the design and specifications of the iPhone 17 series have been swirling. The most striking is the alleged "race track" camera design, featuring three lenses arranged horizontally, similar to the Meizu 17 series...
Mobile Internet 2024-12-19 15:22:35 -
Samsung Receives Durability Patent for Curved Screens, Potentially Signaling a Comeback
Samsung Receives Durability Patent for Curved Screens, Potentially Signaling a ComebackOn December 12th, the United States Patent and Trademark Office (USPTO) published a patent granted to Samsung concerning curved screen technology. The 33-page patent document focuses on enhancing the durability of curved screen phones and optimizing their assembly process...
Mobile Internet 2024-12-19 14:47:58 -
Patent Application for a Blockchain-Based Control and Analysis System: Enhancing the Intelligent Management Efficiency of Power Distribution Networks
Patent Application for a Blockchain-Based Control and Analysis System: Enhancing the Intelligent Management Efficiency of Power Distribution NetworksOn December 19, 2024, the State Intellectual Property Office of China (SIPO) announced that Shanghai Hezhe Run Technology Co., Ltd...
Blockchain 2024-12-19 14:39:41 -
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate Cut
Asia-Pacific Stocks Plummet: Nikkei Down Over 1% Amidst Bitcoin Crash Following Fed Rate CutAsia-Pacific stock markets experienced a broad decline in the morning of December 19th, with market sentiment remaining subdued. The Nikkei 225 index at one point fell by more than 1%, while the South Korean KOSPI experienced an even steeper drop, exceeding 1...
Blockchain 2024-12-19 12:35:00 -
App Store 5% Cashback Campaign is Here! Get Up to 50 Reward!
App Store 5% Cashback Campaign is Here! Get Up to 50 Reward!Apple officially announced a cashback campaign for App Store top-ups! Users who recharge their Apple ID within the specified period will receive an extra 5% bonus! This unprecedented campaign offers substantial benefits to all Apple users. The campaign runs from now until December 30th, 2024, giving users over a year to participate...
Mobile Internet 2024-12-19 10:52:44 -
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 -
China's Mainland Online Gaming Monitor Market (November 2024): HKC Leads, AOC Follows Closely, Lenovo Makes a Strong Comeback
China's Mainland Online Gaming Monitor Market (November 2024): HKC Leads, AOC Follows Closely, Lenovo Makes a Strong ComebackNovember 2024 saw robust growth in China's mainland online retail market for gaming monitors (excluding e-commerce platforms like Douyin and Kuaishou). According to a recently released report by Lotoo Technology, November sales reached 650,000 units, a year-on-year increase of 27...
Mobile Internet 2024-12-19 09:30:59 -
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 -
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 -
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 -
Huawei Enjoy 80: Can a Kirin 7-series Chipset and 5G-A Technology Challenge the Budget Market and "Backstab" the Nova 13?
Huawei Enjoy 80: Can a Kirin 7-series Chipset and 5G-A Technology Challenge the Budget Market and "Backstab" the Nova 13?With the increasingly fierce competition in the smartphone market, manufacturers are making significant efforts in both software and hardware. Huawei is no exception...
Mobile Internet 2024-12-18 22:57:50