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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 -
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 -
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 -
Huawei Mate70 Series: King of Sales Despite Production Challenges?
Huawei Mate70 Series: King of Sales Despite Production Challenges?In the volatile tech market, smartphone manufacturers face immense challenges, with new phone hype often significantly declining within three months. However, the Huawei Mate70 series demonstrates exceptional staying power, emerging as a potential sales champion despite production constraints...
Mobile Internet 2024-12-18 23:02:53 -
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 -
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 -
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to Launch
The Small-Screen Smartphone Market Explodes in 2024: A Lineup of Flagship and Mid-Range Models Ready to LaunchThe small-screen smartphone market has seen a resurgence, with straight-screen designs becoming the norm, appealing to consumers who value compact and portable devices. Just a few years ago, small-screen phones were scarce...
Mobile Internet 2024-12-18 22:55:19 -
Xiaomi's Mi 15 Series Surpasses One Million Sales; Details on Mi 15 Ultra and Civi 5 Pro Emerge
Xiaomi's Mi 15 Series Surpasses One Million Sales; Details on Mi 15 Ultra and Civi 5 Pro EmergeBeyond the already released standard and Pro versions, the highly anticipated Mi 15 Ultra is on the horizon. Digital blogger @Digital Chat Station revealed that the Mi 15 Ultra will feature dual satellite communication technology, a unique feature exclusive to Xiaomi's "Ultra" models, while other models will retain standard 5G communication...
Mobile Internet 2024-12-18 21:49:26 -
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core Driver
The 2024 Hurun Global Gazelle Report Released: US and China Lead the Way, AI as the Core DriverOn December 18th, Hurun Research Institute, a third-party consultancy, released the 2024 Hurun Global Gazelle Report in Guangzhou. The report identifies high-growth companies founded after 2000 that are most likely to reach unicorn status (a $1 billion valuation) within the next five years the "gazelles...
Blockchain 2024-12-18 20:43:09 -
BlackRock's iShares Ethereum Trust ETF Surpasses One Million ETH
BlackRock's iShares Ethereum Trust ETF Surpasses One Million ETHData from Lookonchain reveals that BlackRock's spot Ethereum ETF, the iShares Ethereum Trust ETF, has surpassed the one million ETH mark, holding 1,025,378 ETH. Based on the current Ethereum price, the ETF's holdings are valued at approximately $4...
Blockchain 2024-12-18 20:42:42 -
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and Efficiency
China Construction Bank (CCB) Applies for Patent on Offline Digital Currency Transactions, Enhancing Hardware Wallet Security and EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that China Construction Bank Corporation (CCB) has applied for a patent titled "Offline Transaction Method, Hardware Wallet and Medium for Digital Currency," with publication number CN119130448A and an application date of September 2024. This patent application signifies a significant breakthrough in CCB's digital currency hardware wallet technology, providing crucial technological support for promoting the widespread adoption of digital currencies...
Blockchain 2024-12-18 20:41:29
