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Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic Crash
Elliott Management Warns: Trump Administration's Crypto Support Could Trigger Catastrophic CrashElliott Management, a $70 billion hedge fund, has issued a stark warning, arguing that the Trump administration's enthusiastic support for cryptocurrencies is fueling a dangerous speculative frenzy that could lead to unpredictable and "severe disruption" once the bubble bursts. The warning, reported by the Financial Times on Friday, January 31st, in a letter to investors, sharply criticizes the US government's embrace of these "inherently valueless" assets, accusing some politicians of supporting assets that could challenge the dollar's dominance...
Blockchain 2025-01-31 17:04:14 -
Leaked Specs for Samsung Galaxy Z Fold7 and Z Flip7: Snapdragon 8+ Gen 2 and 12GB RAM Upgrade
Leaked Specs for Samsung Galaxy Z Fold7 and Z Flip7: Snapdragon 8+ Gen 2 and 12GB RAM UpgradeRecent leaks from PandaFlashPro on X (formerly Twitter) have revealed some specifications for the highly anticipated Samsung Galaxy Z Fold7 and Galaxy Z Flip7, offering consumers a glimpse into what to expect. The leak suggests the global version of the Galaxy Z Fold7 will be powered by the Qualcomm Snapdragon 8+ Gen 2 processor and boast 12GB of RAM...
Mobile Internet 2025-01-31 15:49:34 -
iPhone SE4: A "Cheap" Flagship Powered by the A17 Pro Chip? A Battle of Value and Disappointment Among Apple Fans
iPhone SE4: A "Cheap" Flagship Powered by the A17 Pro Chip? A Battle of Value and Disappointment Among Apple FansAs the release date of Apple's iPhone SE4 approaches, rumors surrounding the phone are intensifying. Once shrouded in mystery, the iPhone SE4's specifications are gradually becoming clear...
Mobile Internet 2025-01-31 15:42:48 -
Xiaomi 15 Ultra: Global Launch at MWC 2025, a Flagship Imaging Powerhouse Arrives!
Xiaomi 15 Ultra: Global Launch at MWC 2025, a Flagship Imaging Powerhouse Arrives!The launch date of the Xiaomi 15 Ultra has been highly anticipated. Recent news indicates a pre-launch marketing campaign beginning after the holiday season, with a planned initial release in the Chinese market in February...
Mobile Internet 2025-01-31 15:39:29 -
Guangdong ShunChang Technology Applies for Patent on "Blockchain-Based Power Quality Traceability Method" to Enhance Efficiency and Accuracy
Guangdong ShunChang Technology Applies for Patent on "Blockchain-Based Power Quality Traceability Method" to Enhance Efficiency and AccuracyOn January 31, 2025, the State Intellectual Property Office of China (SIPO) revealed that Guangdong ShunChang Technology Co., Ltd...
Blockchain 2025-01-31 15:27:47 -
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss Expectations
Tesla's Q4 Earnings Boosted by Bitcoin Holdings: New Accounting Standard Helps, but Profits Slightly Miss ExpectationsTesla's Q4 2023 earnings report revealed a significant boost to its performance thanks to its Bitcoin holdings, driven by the implementation of a new accounting standard. CFO Vaibhav Taneja announced on Wednesday's earnings call that Tesla's net income received a $600 million uplift due to the adoption of a new digital asset accounting method, primarily resulting from mark-to-market gains on its Bitcoin holdings...
Blockchain 2025-01-31 15:24:57 -
Tencent Applies for Patent on "Blockchain Virtual Resource Transfer Method" to Enhance Virtual Asset Security
Tencent Applies for Patent on "Blockchain Virtual Resource Transfer Method" to Enhance Virtual Asset SecurityOn January 31, 2025, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-31 15:24:27 -
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service Efficiency
China Construction Bank (CCB) Files Blockchain-Based Fee Payment Data Processing Patent to Enhance Financial Service EfficiencyFinancial News reported on January 31, 2025, that China Construction Bank Corporation (CCB) filed a patent application in September 2024 for a "Data Processing Method, Device, Equipment, Medium, and Program Product Based on Fee Payment," with the publication number CN119379293A. This patent aims to leverage blockchain technology to improve the efficiency and security of fee payment data processing, further optimizing CCB's financial services...
Blockchain 2025-01-31 15:17:22 -
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data Management
Tencent Applies for a Data Processing Patent Based on Smart Contracts: A New Solution for Efficient and Secure Data ManagementThe State Intellectual Property Office of China shows that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2025-01-31 15:16:46 -
Bitcoin Price Crashes Below $10,400!
Bitcoin Price Crashes Below $10,400!Bitcoin prices continued their downward trend today, hitting a low of $10,400 per coin, representing a 0.69% drop...
Blockchain 2025-01-31 15:07:48 -
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto Regulation
Bitcoin Rallies Sharply: Fed Holds Rates, Powell Hints at Tighter Crypto RegulationBitcoin prices extended their biggest weekly gains, climbing 1.3% to approximately $10,513 as of 8:30 AM ET Thursday...
Blockchain 2025-01-31 15:03:37 -
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and Security
Southern Power Grid Applies for Blockchain-Based Power Retail Transaction Patent: Enhancing Efficiency and SecurityOn January 31, 2025, the State Intellectual Property Office of China revealed that Southern Power Grid Digital Enterprise Technology (Guangdong) Co., Ltd...
Blockchain 2025-01-31 15:02:46
