Scienjoy Holding Corporation announced a net loss of RMB595 million (US$85.1 million) for the fiscal year 2025, a sharp decline from a net income of RMB26.7 million in 2024. The loss was driven by a decrease in paying users due to increased competition in China's live streaming market and significant non-cash impairments totaling RMB712.3 million, including goodwill and intangible assets. Despite the loss, the company’s live streaming business remains profitable, and it is expanding its AI strategy with new products targeting both consumer and enterprise markets. Scienjoy ended 2025 with a stronger cash position of RMB307.7 million, positioning it for future growth and innovation.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
Fundstrat's Granny Shot US-Small & Mid-Cap ETF (GRNJ) has delivered strong year-to-date returns, beating similar ETFs like VOT and VOO despite its higher 0.75% expense ratio. The fund targets stocks at the intersection of major secular trends, partic...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
