The cryptocurrency market has been noteworthy volatile, and recent data reveals significant fluctuations for Bitcoin exchange-traded funds (ETFs). Over the last week, Bitcoin ETFs have recorded a staggering outflow of $680 million, coinciding with a dip in Bitcoin’s price, which has now fallen below the $96,000 mark. This trend raises important questions about investor confidence […]
Alibaba Results Reveal Anaemic Chinese Business, Solid International Growth
Alibaba Group Holding Ltd. has recently released its financial results for the September quarter, revealing a mixed performance across its operations. Most notably, while the company’s domestic e-commerce division, which includes the popular platforms Tmall and Taobao, managed a mere 1 percent growth in sales, its international segment, encompassing Lazada and AliExpress, exhibited a remarkable […]