use crypto- Top Knowledge

Market News: It is reported that Iraq's strategic wheat reserve is enough to meet the consumption for more than six months.The EUR/USD of the euro against the US dollar hit 1.05 upwards, rising by 0.33% in the day.Market News: Argentine President Milei met with Rio Tinto CEO Meloni in Rome.

Bitcoin fell below $100,000/piece, down 1.15% in the day.Daiwa Securities SMBC Co., Ltd. downgraded Xinao Energy to Hold with a target price of HK$ 56.Apple is said to start producing a key wireless chip currently provided by Broadcom next year. Apple's ambition to use self-developed components on its equipment will include switching to Bluetooth and Wi-Fi connection chips developed by itself from next year, which will replace some components currently provided by Broadcom. According to informed sources, this chip code-named Proxima has been developed for several years, and now it is planned to start the first batch of production in 2025. Like other self-developed chips of Apple, Proxima will be produced by its partner TSMC. This plan is independent of Apple's much-anticipated plan to replace the Qualcomm wireless modem, but the two parts will eventually work together. People familiar with the matter said that Apple's goal is to develop an end-to-end wireless solution that is tightly integrated with other components and more energy-efficient.

Philadelphia SE Semiconductor Index reached its highest level in more than a week, rising by 3.1%.Daiwa Securities SMBC Co., Ltd. downgraded Xinao Energy to Hold with a target price of HK$ 56.Kering's Butterfly Family appointed Louise Trotter as the new creative director. On December 13th, kering and its brand Bottega Veneta announced that Louise Trotter would be the new creative director of the brand. Trott is the current creative director of Carven, and she will officially join the Butterfly Family at the end of January 2025.