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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 -
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 -
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 -
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market Launch
The SEC Partially Approves Bitwise Bitcoin and Ethereum ETF, Bringing it Closer to Market LaunchThe U.S...
Blockchain 2025-01-31 14:58:24 -
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong Surge
India Smartphone Market Report 2024: Premiumization Drives Record Revenue, vivo Takes the Crown, Apple Makes a Strong SurgeCounterPoint Research recently released a report revealing that the Indian smartphone market achieved record-high total revenue in 2024. This surge is primarily attributed to the robust growth of the premium segment and increased consumer preference for high-priced phones...
Mobile Internet 2025-01-31 14:29:50 -
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?
Apple CEO Tim Cook Hints at Significant Future Design Innovations for iPhone: Ultra-Thin iPhone 17 Air on the Horizon?During the Q1 2025 earnings call, Apple CEO Tim Cook's response regarding future design innovation for iPhones sparked widespread speculation about an upcoming "iPhone 17 Air." While Cook is typically cautious on earnings calls, avoiding details about future products, his response this time was surprisingly encouraging...
Mobile Internet 2025-01-31 14:26:08 -
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond Expectations
Apple CEO Tim Cook: Apple Intelligence Drives iPhone 16 Sales Beyond ExpectationsDuring today's earnings call, Apple CEO Tim Cook announced that iPhone 16 sales exceeded expectations, driven significantly by the strong performance of Apple Intelligence. This news is a major boost for Apple in the fiercely competitive smartphone market...
Mobile Internet 2025-01-31 14:24:47