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Meitu's High-Profile Bitcoin and Ethereum Sell-Off Sends Shockwaves Through the Market
Meitu's High-Profile Bitcoin and Ethereum Sell-Off Sends Shockwaves Through the MarketAs Bitcoin prices surged past the $100,000 mark, fueling market enthusiasm, Meitu, a Hong Kong-listed company, unexpectedly liquidated its entire holdings of Bitcoin and Ethereum, raking in nearly RMB 600 million (approximately USD 82 million). This move has sparked widespread attention and debate within the cryptocurrency market...
Blockchain 2024-12-05 16:33:37 -
Bitcoin Price Breaks $100,000: Reasons Behind the Surge and Future Price Predictions
Bitcoin Price Breaks $100,000: Reasons Behind the Surge and Future Price PredictionsOn December 5th, 2024, Bitcoin's price unprecedentedly surged past the $100,000 mark, representing a dramatic increase from $68,000 just a month prior. This stands in stark contrast to January of the same year, when Bitcoin's price dipped below $40,000...
Blockchain 2024-12-05 16:14:00 -
Trump's Appointment of Crypto-Friendly SEC Chair Sends Bitcoin Surging Past $100,000: Industry Experts Weigh In on Future Trajectory
Trump's Appointment of Crypto-Friendly SEC Chair Sends Bitcoin Surging Past $100,000: Industry Experts Weigh In on Future TrajectoryOn Wednesday, US President-elect Trump nominated Paul Atkins as the next chairman of the Securities and Exchange Commission (SEC). This news sparked a frenzy in the crypto community, propelling Bitcoin's price to surpass $100,000 on Thursday, marking a new all-time high...
Blockchain 2024-12-05 15:43:34 -
OpenAI Hacked: All Models and Source Code Leaked, $50 Bitcoin Ransom Demanded
OpenAI Hacked: All Models and Source Code Leaked, $50 Bitcoin Ransom DemandedOn December 5th, according to foreign media reports, AI giant OpenAI suffered a major security breach. Hackers successfully gained access to the training data and source code for all of its models...
Blockchain 2024-12-05 15:36:30 -
Meitu Successfully Liquidates Cryptocurrency Holdings, Realizing Nearly $80 Million in Profit
Meitu Successfully Liquidates Cryptocurrency Holdings, Realizing Nearly $80 Million in ProfitOn the evening of December 4, 2024, Meitu announced that it had successfully sold all of its cryptocurrency holdings on that day, realizing a total cash consideration of approximately $180 million and a profit of approximately $79.63 million (approximately RMB 570 million)...
Blockchain 2024-12-05 14:07:38 -
Bitcoin's Price Soars After Trump's Re-election: A Speculative Frenzy Fueled by Regulatory Uncertainty?
Bitcoin's Price Soars After Trump's Re-election: A Speculative Frenzy Fueled by Regulatory Uncertainty?Since Trump's re-election, the most eye-catching financial asset has undoubtedly been Bitcoin. Its price surged from $68,000 to $100,000 within a month, with some Wall Street analysts even predicting a price of $225,000 within two years...
Blockchain 2024-12-05 14:00:58 -
Bitcoin's surge past $100,000 could significantly benefit MicroStrategy (MSTR)
Bitcoin's surge past $100,000 could significantly benefit MicroStrategy (MSTR)Bitcoin's continued price rise saw it break the $100,000 mark for the first time on December 5th, reaching $102,814.50 per coin at the time of writing, a staggering 1267% increase over the past five years...
Blockchain 2024-12-05 13:51:47 -
A Surge of Snapdragon 8 Gen 2 for Galaxy Flagships After Chinese New Year: OPPO Find X8 Ultra and Xiaomi 15 Ultra Lead the Charge, vivo and Honor Poised to Follow
A Surge of Snapdragon 8 Gen 2 for Galaxy Flagships After Chinese New Year: OPPO Find X8 Ultra and Xiaomi 15 Ultra Lead the Charge, vivo and Honor Poised to FollowThe domestic Chinese smartphone market is poised for a surge of "ultra-large cup" flagship phones around the Chinese New Year in 2024. A common thread among these flagships? The Qualcomm Snapdragon 8 Gen 2 for Galaxy processor...
Mobile Internet 2024-12-05 13:47:36 -
Bitcoin Spot ETFs Continue to Attract Massive Inflows: BlackRock's ETF Sets Daily Record, Total Assets Under Management Exceed $100 Billion
Bitcoin Spot ETFs Continue to Attract Massive Inflows: BlackRock's ETF Sets Daily Record, Total Assets Under Management Exceed $100 BillionAccording to SoSoValue data, on December 4th (EST), the Bitcoin spot ETF market experienced continued robust activity, with net inflows reaching $557 millionmarking the fifth consecutive day of net inflows. This strong influx of capital further solidifies Bitcoin's dominance in the digital asset space and reflects the continued optimism of institutional investors towards digital assets...
Blockchain 2024-12-05 13:15:34 -
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 -
$100,000! Bitcoin Price Hits All-Time High Ushering in a New Era for Cryptocurrency?
$100,000! Bitcoin Price Hits All-Time High Ushering in a New Era for Cryptocurrency?On May 18, 2010, a user named Laszlo posted on a Bitcoin forum offering 10,000 Bitcoins (worth approximately $30 at the time) for two large pizzas. Four days later, Laszlo received his order...
Blockchain 2024-12-05 12:42:09 -
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
