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China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu Chinese Beauty App Purchases $40 Million Worth of Bitcoin and Ethereum

Meitu has bought 15,000 units of ETH and 379 units of BTC, which were valued at around $22.1 million and $17.9 million respectively at the time of purchase.

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

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?

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

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

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

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.

Bitcoin Has to Hold above $52,000 to Avoid Further Downward Movements, says Crypto Analyst

Bitcoin Has to Hold above $52,000 to Avoid Further Downward Movements, says Crypto Analyst

Veteran crypto analyst Michael van de Poppe believes BTC has to hold above the $52k level for an upward momentum to be ignited.

Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In

Bitcoin Hits Two-Week High as Institutional Inflow Continues Trickling In

Bitcoin and Ethereum bullishness are back as more big-money bets keep flowing into cryptocurrencies.

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion

25 Publicly Traded Companies Hold a Total of 178,855 Bitcoins Worth $9.6 Billion

New data by digital asset firm Bloqport reveals that 25 publicly traded companies now hold a total of 178,855 Bitcoin on their balance sheets worth $9.6 billion.

Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari

Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari

Messari lead crypto researcher Ryan Watkins seems to think that in the long-term, Ethereum may appreciate more than Bitcoin (BTC).

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.

Israeli Pension Firm Generates Huge Profit from $100 Million Investment in Bitcoin

Israeli Pension Firm Generates Huge Profit from $100 Million Investment in Bitcoin

Altshuler Shaham, the biggest pension company in Israel, has announced that it invested $100 million in Bitcoin at the end of December last year- With Bitcoin's appreciation, the investment has grown and become $200 million.

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