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Tether Launches Health Management Platform QVAC Health

10 hours ago

On December 10, Tether announced the launch of QVAC Health—a new personal health management platform aimed at solving the long-standing problem of fragmented health and fitness data, while putting users in full control of their own information. Dubbed a "sovereign data bridge," QVAC Health lets users pull biometric data, workout records, nutrition-tracking logs, medication reminders, and more from a range of devices and apps into a single, encrypted dashboard that works offline. Right now, personal health data is scattered across incompatible apps and proprietary cloud systems. Data from smart rings, running watches, and nutrition apps often can’t interoperate seamlessly—and third-party servers (which frequently collect and monetize user info) are usually required to share it. QVAC Health centralizes this data in an encrypted, offline environment, letting users get a complete picture of their health without relying on device makers or cloud platforms. Built to act as a core personal health operating system, the platform enables aggregation of all data types under full user control.
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On December 11, spot silver surged $1 in intraday trading, reaching a new all-time high of $61.73 per ounce—with an intraday gain of 1.66%. (FX168)

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Institution Rates FOMC Decision: Moderately Dovish

On December 11, Informa Global Markets weighed in on the FOMC’s decision, calling it mildly dovish—only two committee members dissented against a rate cut, favoring keeping rates unchanged. Wall Street had braced for a more hawkish tone from inflation hawks—but the hawks blinked when the vote rolled around, per FXStreet.

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Bitcoin Surpasses $94,000

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Powell stated that a rate hike is not the current baseline expectation, suggesting that interest rates may remain unchanged in the short term

On Dec. 11, Federal Reserve Chair Jerome Powell told reporters at a press conference that the Fed is unlikely to raise rates next—since policymakers’ new projections don’t align with economic fundamentals. “I don’t think a rate hike is anyone’s baseline expectation,” Powell said. Meanwhile, he signaled rates could stay on hold in the near term. (FXStreet)

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