Chinese selfie app giant Meitu said new image-and-video-editing tools powered by artificial intelligence (AI) helped the company triple its profits last year, in stark contrast to how many other firms struggle to monetise the technology through their own generative AI initiatives, reports the South China Morning Post. Citing its preliminary assessment of unaudited accounts, Hong…
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Bitcoin skyrockets past US$64,000, hits another all-time high
Ahead of Coinbase’s Nasdaq listing, Bitcoin surged to new highs in Asian trading hours. Ether, ADA and DOGE also reached new ATHs as altcoins soared.
Image: Envato Elements
Ahead of U.S. cryptocurrency exchange Coinbase’s direct listing on Nasdaq starting today, Bitcoin (BTC) reached another all-time high of $64,787.65 during Asian trading hours earlier in the day, according to CoinGecko data.
As of publishing time, Bitcoin’s total market value now stands at US$1.2 trillion, 52% of the total cryptocurrency market of US$2.3 trillion. Bitcoin’s 24-hour trading volume was US$73 billion and its 24-hour price range was US$$62,593.30 to US$64,787.65.