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Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data Validity
Tencent Files Blockchain-Based Data Processing Patent: Ensuring Transaction Data ValidityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 09:04:49 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech Giants
OpenAI Surpasses 300 Million Weekly Active Users, Aims for 1 Billion, Challenges Tech GiantsDecember 5th brought news that OpenAI, the highly-regarded American AI startup, has reached a new milestone: over 300 million weekly active users. This comes after months of executive changes, acquisition offers, and soaring valuations...
Industry dynamics 2024-12-05 08:26:03 -
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term Treasuries
BlackRock Warns: Fed to Remain on Hold Next Year, Investors Should Favor Global Bonds Over Long-Term TreasuriesJean Boivin, head of BlackRock Investment Institute (BII), recently stated in an interview that the Federal Reserve will likely remain on hold next year due to persistent inflation, advising investors to favor global bonds over long-term US Treasuries. He argued that the current market environment isn't the start of an easing cycle, but rather an adjustment or recalibration, with the Fed unlikely to accommodate the market with rate cuts...
Blockchain 2024-12-05 08:13:05 -
Samsung's One UI 7 Beta Launches Today, Galaxy S24 Series First to Get a Taste!
Samsung's One UI 7 Beta Launches Today, Galaxy S24 Series First to Get a Taste!This news is further corroborated by a screenshot shared on X (formerly Twitter) by user RMNazari, showing a Samsung customer service representative confirming the December 5th launch of the One UI 7 beta in Germany. This is noteworthy because the US and South Korea typically receive beta updates first, with Europe and other regions following later...
Mobile Internet 2024-12-05 08:04:47 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong Rebound
Bitcoin Price Surges Past $100,000! CME Futures Market Shows Strong ReboundA significant surge swept through the cryptocurrency market during Wednesday's (December 4th) late New York trading session. The CME Bitcoin futures contract (BTC) settled at $98,780...
Blockchain 2024-12-05 06:30:29 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44 -
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB Update
Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins with 8GB UpdateThe Huawei Mate70 series smartphones officially went on sale at 10:08 AM on December 4th, with prices starting at 5499 for the four models. Simultaneously, a public beta program for HarmonyOS NEXT (native HarmonyOS) was launched for six devices, including the Huawei Mate70 series and MateX6...
Mobile Internet 2024-12-05 02:16:30 -
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for Wearables
The Huawei Mate70 Series Officially Launches, HarmonyOS NEXT Public Beta Begins Simultaneously, and AI Message Companion Feature Explained for WearablesOn December 4th, 2023, at 10:08 AM, the highly anticipated Huawei Mate70 series smartphones officially went on sale. The Mate70 series includes four models, starting at 5499 yuan, offering consumers a wider range of choices...
Mobile Internet 2024-12-05 02:11:54 -
Huawei Mate70 Series Launch a Resounding Success: A Loyang "Fan" and His Decade-Long Collection Witness the Rise of Domestic Smartphones
Huawei Mate70 Series Launch a Resounding Success: A Loyang "Fan" and His Decade-Long Collection Witness the Rise of Domestic SmartphonesThe Huawei Mate70 series launched simultaneously online and offline on December 5th, sparking a buying frenzy across numerous Huawei offline stores nationwide. Queues snaked around the block, showcasing the immense brand appeal of the Mate series and highlighting the remarkable achievements of Chinese brands in technological innovation and market competition...
Mobile Internet 2024-12-05 01:31:51
