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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 -
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 -
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 -
Ethereum Price Plunges: Falls Below $3600
Ethereum Price Plunges: Falls Below $3600The price of Ethereum experienced a downturn today, hitting a low of $3600 per coin and registering an intraday drop of 0.78%...
Blockchain 2024-12-19 10:18:30 -
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 -
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 -
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
