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Meitu's Bitcoin and Ethereum Sell-Off Yields Nearly RMB 600 Million in Profit: A Case Study in Successful Cryptocurrency Investment
Meitu's Bitcoin and Ethereum Sell-Off Yields Nearly RMB 600 Million in Profit: A Case Study in Successful Cryptocurrency InvestmentMeitu, Inc. recently announced the sale of its entire holdings of Bitcoin and Ethereum, totaling approximately 31,000 ETH and 940 BTC...
Blockchain 2024-12-05 13:04:38 -
Bitcoin Surges Past $100,000: Trump and Putin's Crypto Endorsements Cited as Key Drivers
Bitcoin Surges Past $100,000: Trump and Putin's Crypto Endorsements Cited as Key DriversBitcoin's price soared past $100,000 per coin this morning, briefly reaching $103,000, representing a 138% increase year-to-date. The price skyrocketed from $68,000 to $100,000 in just one month, starting November 4th, a truly remarkable surge...
Blockchain 2024-12-05 12:40:28 -
Bitcoin Breaks $100,000 Barrier: Market Frenzy and Institutional Holdings Analyzed
Bitcoin Breaks $100,000 Barrier: Market Frenzy and Institutional Holdings AnalyzedOn December 5th, Bitcoin surged past the $100,000 mark, reaching an all-time high and capturing global attention. This landmark event signifies the continued heating up of the cryptocurrency market and further solidifies Bitcoin's position as digital gold...
Blockchain 2024-12-05 12:31:42 -
Bitcoin Surges Past $100,000, Triggering Liquidations for Nearly 200,000: Unpacking the Crypto Market's Wild Volatility
Bitcoin Surges Past $100,000, Triggering Liquidations for Nearly 200,000: Unpacking the Crypto Market's Wild VolatilityOn December 5th, Bitcoin reached a new all-time high, surpassing the $100,000 mark to trade at $101,880.2, a 6...
Blockchain 2024-12-05 12:01:22 -
Vladimir Putin: The Inevitable Decline of Dollar Hegemony and the Rise of New Payment Tools
Vladimir Putin: The Inevitable Decline of Dollar Hegemony and the Rise of New Payment ToolsOn December 4th, Russian President Vladimir Putin delivered a significant address at the "Russia is Calling!" investment forum, providing an in-depth analysis of the global financial landscape and the future trajectory of emerging payment tools. He asserted that the development and adoption of new payment instruments is an irreversible and natural process, characterized by strong momentum that is difficult to halt...
Blockchain 2024-12-05 11:46:39 -
Bitcoin Surges Past $100,000 as Putin's Endorsement Fuels De-Dollarization Trend
Bitcoin Surges Past $100,000 as Putin's Endorsement Fuels De-Dollarization TrendOn December 5th, Bitcoin's price soared past the $100,000 mark, experiencing a 5% intraday surge and hitting a new all-time high. This milestone represents a nearly 140% increase year-to-date...
Blockchain 2024-12-05 11:43:46 -
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 -
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 -
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D Worlds
DeepMind Unveils Genie2: An AI Model Generating 'Endless' 3D WorldsOn December 5th, Google's AI research arm, DeepMind, launched Genie2, a novel AI model capable of generating 3D worlds with seemingly limitless possibilities and diverse styles. An upgrade to the Genie model released earlier this year, Genie2 creates interactive, real-time 3D environments from just an image and a text prompt...
Industry dynamics 2024-12-05 08:23:32 -
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 -
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 -
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic Sensors
Huawei Pura80 Series: A Flagship Imaging Smartphone Launching Next May, Powered by Domestic SensorsHuawei's strong competitiveness in the smartphone market remains undeniable, with a rapid new product release cycle. The highly anticipated Huawei Pura80 series has been confirmed again for a launch next year...
Mobile Internet 2024-12-05 00:17:38
