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Home > Latest

Lates News

date
03/02/2026
Kuwaiti Prime Minister: Kuwait National Petroleum Company is in negotiations regarding leasing pipelines.
Latest
5 m ago
According to Bloomberg, the core issue of this "slow" selloff of Bitcoin is that the investors who were originally expected to become the most stable buying group did not continue to enter the market. Glassnode data shows that investors who entered the market through the US Bitcoin ETF had an average buying cost of about $84,100. Currently, with Bitcoin hovering around $78,500, this group is experiencing roughly a 8%-9% paper loss. This is not the first time ETF investors have been in a floating loss. Analysts pointed out back in November last year when Bitcoin briefly fell below $89,600 (which was the average cost range for ETF investors at the time) that this would be a key test of the "belief intensity" of the new mainstream investors. Since then, with the inflow of funds in early 2024 remaining profitable, the overall average cost of ETF has decreased, but later investors entering the market have all suffered losses. From the peak, Bitcoin has fallen by more than 35% since the high in 2025 and briefly fell below $77,000 in a low-liquidity trading environment over the weekend. Analysts believe this is a result of multiple factors: drying up of funds, decreased market liquidity, and overall weakening macro attractiveness. Bitcoin has failed to respond to traditional bullish factors such as the weakening US dollar or geopolitical risks, and its "decoupling" from other assets has made its trend increasingly directionless. The biggest difference between the sharp drop in October and the current downturn now is the market sentiment: there is no panic, only "absence". The market frenzy that pushed Bitcoin above $125,000 in 2025 came from the highly enthusiastic expectations of regulation, institutional entry, and bullish retail base formation. However, after the liquidation of billions of dollars in leveraged positions in October, those buyers who once drove the market have chosen to stand still and watch from the sidelines.
5 m ago
Tianji Corporation: Wholly-owned subsidiary provides mother company with a 30 million RMB joint guarantee.
5 m ago
Bingyang Technology: Shortlisted as a Fracturing Material Supplier for Sinopec.
5 m ago
Shunfa Hengneng: Repurchase of shares accounted for 2%, costing 206 million yuan.
6 m ago
Beijing releases the first round draft list of residential land for sale in 2026.
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