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The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future Policy
The Federal Reserve Slows Pace of Rate Cuts, Signaling Shift in Future PolicyIn the early hours of Thursday, December 19th (Beijing time), the Federal Reserve announced a 25-basis-point reduction in its target range for the federal funds rate, bringing it down from 4.5% to 4...
Blockchain 2024-12-19 08:59:16 -
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 -
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future Uncertainty
Powell Explicitly Rejects Fed Holding Bitcoin; Trump's Crypto Policy a Future UncertaintyFederal Reserve Chairman Jerome Powell definitively stated at a press conference following the December interest rate meeting that the Fed will not include Bitcoin in its balance sheet. This statement directly addressed market speculation about the Fed potentially holding Bitcoin, injecting a degree of certainty into the future of the cryptocurrency market...
Blockchain 2024-12-19 08:08:25 -
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 -
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues Cited
Apple Scraps iPhone Hardware Subscription Plan: Regulatory Concerns and Technical Issues CitedApple has officially abandoned its much-anticipated iPhone hardware subscription service, according to Bloomberg reporter Mark Gurman. The decision, ending two years of development, halts a plan that would have allowed users to receive a new iPhone annually for a monthly fee, offering a more accessible option for those unable to afford the upfront cost...
Mobile Internet 2024-12-19 06:55:49 -
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 -
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 -
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 -
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus Technology
Samsung's Galaxy Z Fold7 May Ditch the Digitizer for a Lighter, Thinner Design Using New Electrostatic Stylus TechnologyThe foldable phone market is increasingly competitive, with manufacturers striving for lighter, more durable designs. Samsung, a leader in the foldable phone arena, is generating significant buzz with its upcoming Galaxy Z Fold7...
Mobile Internet 2024-12-18 20:25:10 -
Samsung's Galaxy S25 Series Launch Event Scheduled for January 22, 2025, Featuring the Stunning New S25 Slim!
Samsung's Galaxy S25 Series Launch Event Scheduled for January 22, 2025, Featuring the Stunning New S25 Slim!Pacific Tech News reported on December 18th that Samsung Electronics has officially sent out invitations for its Galaxy Unpacked 2025 event, confirming a grand new product launch on January 22nd, 2025, in the United States. The invitation highlights not only the return of the Galaxy S25 series but also the exciting debut of a brand-new model: the Galaxy S25 Slim...
Mobile Internet 2024-12-18 20:24:00
