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Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin Reserve
Bitcoin Price Soaring to $500,000? Analyzing the Possibility and Market Impact of a US National Bitcoin ReserveMatt Hogan, Chief Investment Officer (CIO) of Bitwise, the largest US cryptocurrency fund manager, recently made a bold prediction: if the US establishes a national Bitcoin reserve, the price of Bitcoin could skyrocket to $500,000, representing a nearly 400% increase from its current price. This prediction has sparked widespread attention in the cryptocurrency market and brought the topic of a national Bitcoin reserve back into the spotlight...
Blockchain 2024-12-19 10:12:41 -
The 2024 Global App Economy: App Store Soars While Google Play Stumbles
The 2024 Global App Economy: App Store Soars While Google Play StumblesThe 2024 global app economy presents a complex picture. While total consumer spending on mobile apps and games across Apple's App Store and Google Play reached $127 billion, a 15...
Mobile Internet 2024-12-19 10:04:47 -
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 -
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 -
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 -
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen Options
Huawei Pura80: Kirin 9020 Power, OmniVision OV50K Sensor, 5600mAh Battery, and Straight/Slightly Curved Screen OptionsHuawei, after a successful 2023 with several flagship releases, is already setting its sights on 2024. The highly anticipated Huawei Pura80 has recently leaked, revealing key specifications and generating significant buzz...
Mobile Internet 2024-12-18 21:57:51 -
The Samsung Galaxy S25 Series is Coming Soon: US Launch on January 22nd, Ultra-Narrow Bezels and AI Integration to be Major Highlights
The Samsung Galaxy S25 Series is Coming Soon: US Launch on January 22nd, Ultra-Narrow Bezels and AI Integration to be Major HighlightsDecember 2024 has seen a flurry of leaks regarding Samsung's next-generation flagship phone, the Galaxy S25 series. Recently, digital blogger @iIceUniverse revealed a leaked invitation for the S25 series launch event, scheduled for January 22nd in the US...
Mobile Internet 2024-12-18 21:56:07 -
The OPPO A5 Pro is Coming Soon: Unleashing a New Standard in Durability with Superior Waterproof and Shock Resistance
The OPPO A5 Pro is Coming Soon: Unleashing a New Standard in Durability with Superior Waterproof and Shock ResistanceOPPO officially announced the launch of its new OPPO A5 Pro smartphone on December 24th. As the launch date approaches, OPPO has been strategically releasing product information, piquing fans' interest...
Mobile Internet 2024-12-18 21:50:15 -
Inner Mongolia Power Group Files Patent for Blockchain-Based Power Trading Management System to Enhance Efficiency and Security
Inner Mongolia Power Group Files Patent for Blockchain-Based Power Trading Management System to Enhance Efficiency and SecurityOn December 18, 2024, the State Intellectual Property Office of China announced that the Inner Mongolia Power (Group) Co., Ltd...
Blockchain 2024-12-18 21:06:53 -
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction Convenience
China Mobile Internet Applies for Patent on "A Blockchain Resource Exchange Method" to Enhance Cross-Chain Transaction ConvenienceFinancial World reported on December 18, 2024, that China Mobile Internet Co., Ltd...
Blockchain 2024-12-18 20:58:32
