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Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1
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Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1

Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment.

Meitu Invests Another $10 Million in Bitcoin
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Meitu Invests Another $10 Million in Bitcoin

Meitu, a Chinese app developing company, has announced another purchase of Bitcoin.

Ethereum Battles Resistance as Exchange Inflow Volume Drops
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Ethereum Battles Resistance as Exchange Inflow Volume Drops

On-chain metrics Glassnode reveals that Ethereum exchange inflow volume (7d MA) just reached a 1-month low of 15,477.056 ETH.

Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?
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Institutional Interest in Bitcoin Continues to Rise, Pushing BTC Above $50K - What's Next?

Bitcoin is currently trading above $52,000, as institutional investments continue to push the digital asset to new heights. Will Bitcoin retest its ATH anytime soon?

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