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On July 16th, local time, tech journalist Mark Gurman reported that Apple is preparing to launch its biggest upgrade to the iPad mini in five years, with a possible release this fall and availability in October. The new iPad mini, codenamed J510, will be the first to use an OLED display to improve visual quality. Meanwhile, Apple also plans to update the entry-level iPad (codenamed J581) and the 11-inch and 13-inch iPad Air (codenames J807 and J837) next year, with the entry-level model primarily upgrading its processor. The iPad Air is expected to be released in the spring. Apple is expected to release its first foldable iPhone and a new Apple Watch in September this year, and has already raised prices on several products, including the iPad series, last month.Li Auto (02015.HK) launched the new Li L6 four-wheel drive SUV, with a unified national retail price of RMB 249,800.Iranian Foreign Ministry spokesman Bagaei: Faced with aggression, Iran will never stand idly by. The armed forces, diplomatic missions and the entire nation will do everything in their power to safeguard national security.The China Earthquake Networks Center officially reported that a magnitude 3.2 earthquake occurred at 20:54 on July 16 in Binchuan County, Dali Prefecture, Yunnan Province (25.66 degrees north latitude, 100.69 degrees east longitude), with a focal depth of 9 kilometers.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.2 occurred near Xiangyun County, Dali Prefecture, Yunnan Province (25.68°N, 100.69°E) at 20:54 on July 16. The final result is subject to the official rapid report.

Indonesian Crypto Exchange Ensures Compliance With Biometric Security-Based Wallet

Cory Russell

May 11, 2022 10:37

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According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


Bitcoin, which accounts for roughly 40% of the cryptocurrency market, fell to a 10-month low on Tuesday before rebounding to $31,450, only six days after hitting $40,000. It was down more than 54% from its all-time high of $69,000 on November 10th.


Prices of digital assets have fallen, reflecting a drop in stocks on worries of aggressive interest rate rises throughout the world to combat decades-high inflation. The Nasdaq, which is heavily weighted in technology, was down 28% from its all-time high in November 2021.


According to CoinMarketCap, the total crypto market worth was $2.2 trillion on April 2, down from an all-time high of $2.9 trillion in early November.


"Bitcoin remains closely tied to larger economic circumstances, implying that the road ahead may regrettably be bumpy, at least for the time being," stated blockchain data firm Glassnode in a note.


Investors were also alarmed by signs of weakness in stablecoins, which are normally a safer crypto currency. TerraUSD, the fourth-largest stablecoin in the world, lost a third of its value on Tuesday after losing its dollar peg.


According to a study issued on Monday by digital asset management Coinshares, despite bitcoin's price drop, funds and products related to it saw inflows of $45 million last week as investors took advantage of market weakness.


"An enormous amount of liquidity has inflated some of these cryptocurrencies," said Nordea Asset Management's senior macro analyst, Sebastien Galy. As various central banks tighten their monetary policies, he expects crypto, which is also tied to high-growth equities, will face pressure.

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