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Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown
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Bitcoin long-term holder supply hits all-time high of 16.64 million BTC
Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin
BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum
Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the
PayPal slashes 2,000 jobs in face of tough economic outlook
tomertu - stock.adobe.com Fintech giant making thousands of redundancies as global economic outlook remains poor By Karl Flinders, Chief reporter and senior editor EMEA Published: 01 Feb 2023 12:42 Fintech giant PayPal has said it will cut 2,000 jobs – about 7% of staff – as it expects the current challenging economic conditions to continue.
Google slashes 12,000 jobs
Sundar Pichai, chief executive officer of Alphabet, Google’s parent company, announced in a statement and in an email to U.S-based affected staff, that the company will be cutting approximately 12,000 jobs or six per cent of its workforce. Pichai said the process of informing affected employees from other countries will take longer due to local
Tesla Slashes Its Car Prices in US and Europe
This latest price cut by Tesla is becoming a trend and it represents almost the third time the firm will be slashing its car prices around the world.American multinational electric vehicle maker Tesla Inc (NASDAQ: TSLA) has slashed the prices of its vehicles in the United States, and other key markets in Europe. As reported
Flexport slashes 20% of global workforce over weak 2023 volume forecast
By Alex Lennane 11/01/2023 Flexport is to cut 20% of its jobs, with impacted staff in Europe and North America receiving emails in the next few hours, and those in Asia, tomorrow. The letter to employees from co-CEOs Dave Clark and Ryan Petersen opens: “We begin the new year with more optimism than ever about Flexport’s
Fidelity slashes the value of its Twitter stake by over half
Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by 56%. The recalculation comes as Twitter navigates a number of challenges, most the result of chaotic management decisions — including an exodus of advertisers from
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Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown
© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.
Bitcoin
Bitcoin long-term holder supply hits all-time high of 16.64 million BTC
Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin
Strengthens
BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum
Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the
Bitcoin
Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC
Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin
Bitcoin
Foundry asks Bitcoin miners to vote on BIP-110 support
Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network. The world’s largest mining pool by hashrate also released educational