Stocks of Chinese publicly listed companies fell sharply today after cryptocurrencies like Bitcoin, Ethereum, and others plunged massively on Wednesday, data from multiple sources shows.Yesterday saw over $8 billion in liquidations (or collateral that is seized by exchanges after asset prices hit a predetermined price level) and over 350,000 trading accounts getting liquidated … [Read more...] about Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump
Meitu
App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout
Institutional and retail demand for cryptocurrencies is at an all-time high. Tesla’s bold move to allocate some of its wealth into Bitcoin seems to have encouraged other firms to diversify into digital assets. One of the many firms that want to avoid “the risks of missing out on the potential for Bitcoin becoming the global benchmark digital asset,” as Bloomberg said, is Meitu. … [Read more...] about App maker Meitu buys another 175 BTC, pushing Bitcoin closer to a breakout
Meitu now holds $100 million in BTC and Ether after latest Bitcoin purchase
Hong-Kong tech company Meitu has taken the total value of its cryptocurrency holdings to approximately $100 million, after the firm disclosed the purchase of an additional $10 million worth of Bitcoin (BTC) on April 8.Meitu HK, the wholly-owned Hong-Kong subsidiary of Meitu Inc (incorporated in the Cayman Islands), acquired 175.67798279 units of Bitcoin for a combined price of … [Read more...] about Meitu now holds $100 million in BTC and Ether after latest Bitcoin purchase
Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin, adding $90M in net purchases
News › Bitcoin · Ethereum › China › Investments According to the board, they are seeing a large adoption across China and countries from Southeast Asia. Companies considered "conservative" are now exploring cryptocurrencies and blockchain technology. José Oramas · March 17, 2021 at 10:58 pm UTC · 2 min read Chinese firm Meitu recently announced another crypto-investment, … [Read more...] about Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin, adding $90M in net purchases