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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 -
Bitcoin Plunges Below $103,000!
Bitcoin Plunges Below $103,000!The cryptocurrency market experienced a sharp downturn on December 19th. According to Cailian Press, Bitcoin breached the $103,000 support level, plummeting as much as 3% within 24 hours...
Blockchain 2024-12-19 04:05:20 -
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 -
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market Forecast
Redmi Turbo 4: A 2025 Disruptor in the Budget Smartphone Market? In-depth Spec Analysis and Market ForecastRedmi, a sub-brand of Xiaomi, is renowned for its high-performance-to-price ratio. While it didn't release any new phones in 2024, the highly anticipated Redmi Turbo 4 is set for an official launch in January 2025...
Mobile Internet 2024-12-18 22:54:30 -
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 -
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel Anticipation
Leaked iPhone 17 Pro Max Renders Reveal Biggest Design Overhaul in Six Years: Aluminum Body and Powerful Specs Fuel AnticipationRumors surrounding Apple's next flagship iPhone 17 series, slated for a December 2024 release, are swirling. Recently, purported renders of the iPhone 17 Pro Max surfaced online, offering a glimpse of the highly anticipated device...
Mobile Internet 2024-12-18 21:47:00 -
HarmonyOS NEXT's "Ultra-Long-Range Scanning": Redefining the Mobile Scanning Experience
HarmonyOS NEXT's "Ultra-Long-Range Scanning": Redefining the Mobile Scanning ExperienceSmartphone scanning functionality has become an integral part of daily life, essential for everything from paying bills to accessing various services. Scanning significantly simplifies everyday tasks...
Mobile Internet 2024-12-18 21:08:12
