My Collections

A rare Chinese vase kept in the kitchen sold for 1.8 million at auction

A precious Chinese vase dating from Qianlong era (18th century) was sold for nearly USD 1.8 million at Dreweatts Auction.

The seller was a son of a surgeon who stated that his father bought this Chinese Vase in 1980s for just a few hundred pounds. The seller then inherited this vase from his father and kept it in his kitchen. He did not realize its value until it was discovered by an expert.

The Chinese Vise was a porcelain blue artifact in two feet height. It was crafted using innovative heating techniques to gild its blue, gold and silver coloring. It was made during the reign of Qianlong Emperor – the sixth emperor of the Qing dynasty.

The result of high sale prices shows the high demand for the finest antique porcelain in the world.

Images source: https://auctions.dreweatts.com/auctions/8176/drewea1-10298

Investment

Elon Musk said his deal to buy Twitter is on hold

Elon Musk tweeted on Friday that his USD 44-billion deal to take the company private was temporarily on hold. And he was waiting for data on the proportion of its fake accounts.

He tweeted on Saturday that Twitter’s legal team accused him of violation a nondisclosure agreement by revealing that the sample size for Twitter’s examination on fake account users was 100.

He said that his team would test “a random sample of 100 followers” on twitter to identify the bots” and “I picked 100 as the sample size number, because that is what Twitter uses to calculate <5% fake/spam/duplicate.”

It caused Twitter legal team told him he violated an NDA and his deal is on hold now.

Investment

The world’s most valuable cryptocurrency tumbles

Bitcoin which some investors treated it as digital gold was down more than 50% below its all-time high. It was down 10% again Monday after plunging over the weekend. Bitcoin prices are more than 50% below its record high of nearly USD 69,000 from 2021 and are below USD 31,000 now. Other cryptocurrencies such as Ethereum, Altcoins and Elon Musk’s beloved Dogecoins have been hit hard too.

Image: https://cdn.plus500.com/Media/ArticlesMain/Bitcoin_Article@0,75x.png