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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 -
Global Smartphone Sales See Year-over-Year Growth in Q3 2024: Samsung and Apple Show Modest Gains, iPhone 16 Drives Sales Surge
Global Smartphone Sales See Year-over-Year Growth in Q3 2024: Samsung and Apple Show Modest Gains, iPhone 16 Drives Sales SurgeCounterpoint Research's latest data reveals a 2% year-over-year growth in global smartphone sales during the third quarter of 2024. This marks the first year-over-year positive growth in Q3 since 2018, signaling a recovery in the global smartphone market after a period of decline...
Mobile Internet 2024-12-05 16:02:21 -
Redmi K80 Series Defies Market Trends with Strong Sales: A Case Study in Aggressive Strategy
Redmi K80 Series Defies Market Trends with Strong Sales: A Case Study in Aggressive StrategyRecently, Wang Teng, General Manager of Redmi, shared impressive sales figures for the Redmi K80 series on social media. He highlighted that, among numerous products launched in the past two weeks, the K80 series saw year-on-year growth in both sales and popularity, attracting significant industry attention...
Mobile Internet 2024-12-05 15:35:38 -
OnePlus Ace5 and Ace5 Pro Imminent Launch: 100W Fast Charging, Snapdragon 8 Gen 3, and Unbeatable Value Spark Anticipation
OnePlus Ace5 and Ace5 Pro Imminent Launch: 100W Fast Charging, Snapdragon 8 Gen 3, and Unbeatable Value Spark AnticipationNews broke on December 5th that OnePlus is about to release its highly anticipated Ace5 and Ace5 Pro smartphones later this month. The Ace5 Pro has already received TENAA certification (China's equivalent of the FCC)...
Mobile Internet 2024-12-05 14:11:28 -
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 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 -
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 -
Xiamen Annie Enterprise Applies for Patent on Blockchain-Based Anti-Counterfeiting and Traceability System, Enhancing Product Traceability Security
Xiamen Annie Enterprise Applies for Patent on Blockchain-Based Anti-Counterfeiting and Traceability System, Enhancing Product Traceability SecurityOn December 5, 2024, the State Intellectual Property Office of China revealed that Xiamen Annie Enterprise Co., Ltd...
Blockchain 2024-12-05 10:57:26 -
MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock Offerings
MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock OfferingsMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is aggressively expanding its Bitcoin reserves at an astonishing pace...
Blockchain 2024-12-05 10:52:26 -
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and Security
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and SecurityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 10:46:10 -
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin Strategy
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin StrategyA Bloomberg report revealed a little-known investment maneuver: Eli Pars, co-chief investment officer at Calamos Advisors LLC, was among the buyers of over $6 billion in convertible notes issued by MicroStrategy this year. This massive fundraising round was crucial to MicroStrategy's ongoing expansion of its Bitcoin reserves...
Blockchain 2024-12-05 10:39:55
