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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 -
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain Finance
Shanghai Electric Group's Patent Application: A Blockchain and Homomorphic Encryption-Based Data Sharing Method for Supply Chain FinanceOn December 18, 2024, the State Intellectual Property Office of China revealed that Shanghai Electric Group Digital Technology Co., Ltd...
Blockchain 2024-12-18 20:53:07 -
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 -
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management Efficiency
Sichuan Gezhen Technology Applies for Blockchain-Based Seismic Isolation Bearing Traceability Patent to Enhance Building Safety and Management EfficiencyOn December 18, 2024, the State Intellectual Property Office of China revealed that Sichuan Gezhen Technology Co., Ltd...
Blockchain 2024-12-18 20:36:01 -
China Mobile Applies for Blockchain Transaction Anomaly Detection Patent, Enhancing Security and Efficiency
China Mobile Applies for Blockchain Transaction Anomaly Detection Patent, Enhancing Security and EfficiencyFinancial World, December 18, 2024 China Mobile Information Technology Co., Ltd...
Blockchain 2024-12-18 20:33:06