Tags : Meitu

Bitcoin

HK firm Meitu nurses Bitcoin (BTC) losses after buying the

Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement. The Hong Kong Stock Exchange-listed photo editing company holds millions of dollars worth of Bitcoin (BTC) and Ethereum (ETH) as part of its […]Read More

Cryptocurrency

Chinese crypto-linked stocks like Meitu see big corrections after Ethereum

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 as […]Read More

Bitcoin

Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin,

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 […]Read More