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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Honor Magic7 RSR Porsche Design: Launching on December 23rd, Will Imaging Capabilities Be the Biggest Highlight?
Honor Magic7 RSR Porsche Design: Launching on December 23rd, Will Imaging Capabilities Be the Biggest Highlight?December is shaping up to be an exciting month for Honor phones. Following the release of the Honor GT series, the Honor Magic7 RSR Porsche Design is set to officially launch on December 23rd, now entering the final countdown...
Mobile Internet 2024-12-18 22:56:17
