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Tether Finds Real-World Use Case In China-Russian Grey Market
The grey market flow of cheap Chinese goods into the Russian market has established a real-world use case for Tether. Millions of dollars worth of USDT are being used every day to sidestep strict capital controls for remittances back to China. дальше »
2019-7-30 16:00 | |
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Justin Sun Issues Strange Apology in Wake of Warren Buffett Debacle
Justin Sun, who is in San Francisco, made a very strange post on Chinese social media site Weibo today. Repeatedly apologizing for his recent “over-marketing,” Sun praised China’s brand of socialism. дальше »
2019-7-25 03:20 | |
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Dow Struggles for Momentum as China Reignites Trade War
Dow Jones futures struggled for traction on Wednesday, pointing to a flat open on Wall Street. Traders are yet again weighing the impact of a trade war as China moves towards a hard-line stance on negotiations. дальше »
2019-7-18 15:07 | |
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Bitcoin’s mysterious bull run in 2019 may be driven by China’s retail traders
Bitcoin, at press time, was trading at $12,100. Less than 3 months ago, Bitcoin was still hovering around the $4,100 mark. All of that changed on April 2, when the price of Bitcoin pumped by 23% in a day, taking the price of Bitcoin from $4,100 to $5,080. дальше »
2019-6-27 17:30 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker
Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U. дальше »
2019-5-29 16:42 | |
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Bitcoin Demand Will Surge if The Chinese Yuan Falls More: BitMEX CEO
As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that. дальше »
2019-5-25 07:00 | |
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QLC Chain Launches Counter Telecom Fraud Platform
May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform. The platform, which officially launched on World Telecom Day, (May 17th) will offer financial institutions the means to build an Application-to-Person (A2P) messages ledger via QLC Chain, granting clients the ability to check and validate the authenticity of the message sender. дальше »
2019-5-24 01:17 | |
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QLC Chain Launches Counter Telecom Fraud Platform
Leading Chinese cloud communications provider, QLC Chain, has announced the launch of its Counter Telecom Fraud Platform, which went live on May 17th. 19 May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform. дальше »
2019-5-24 21:14 | |
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People’s Bank of China (PBoC) FinTech Institute is Looking for Skilled Blockchain Job Candidates
The era of blockchain has come to stay as it is widely growing among Fintech industries, banks, and many more areas. Also, job openings on the blockchain are on the rise today, and many Fintech and companies search for blockchain talents almost every day. дальше »
2019-5-22 03:18 | |
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Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure
This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation. дальше »
2019-5-21 19:11 | |
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QLC Chain Launches Counter Telecom Fraud Platform
Leading Chinese cloud communications provider, QLC Chain, has announced the launch of its Counter Telecom Fraud Platform, which went live on May 17th. 19 May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform. дальше »
2019-5-23 15:59 | |
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Starbucks Seeks Blockchain to Potentially Overtake Chinese Competitor as Luckin Coffee’s Stock Hikes
Dubbed, the “Chinese Starbucks”, Luckin Coffee’s first day of trading resulted in a 20% increase in stock reports BeInCrypto. This rise has supposedly gotten American Coffee Company, Starbucks’ attention – forcing them to seek new ways to stand out in China. дальше »
2019-5-21 23:50 | |
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Bitcoin Is Already Winning the US and China Trade War
After five months of ceasefire, the US-China trade war is getting uglier by the day–and that’s good news for Bitcoin. The Many Reasons Bitcoin Price Is Pumping Ask any key industry player or analyst why Bitcoin price is rising and they’ll probably give you a different combination of answers. дальше »
2019-5-16 18:00 | |
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Dow Shoots Higher, But Trump’s ‘Nuclear Option’ Could ‘Derail’ Trade Deal
By CCN: The Dow exploded toward substantial gains on Thursday, ignoring analyst warnings that President Trump’s latest assault on China threatens to “derail” the trade deal and leave the two economic goliaths locked in an endless trade war. дальше »
2019-5-17 16:45 | |
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Dow Spikes Suddenly as Trump Team Schemes to Salvage China Deal
By CCN: The Dow and broader U. S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations. дальше »
2019-5-16 23:09 | |
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Crumbling Dow Terrifies Wall Street, But China’s Yuan Suffers Collateral Damage
By CCN: The Dow and broader U. S. stock market crashed on Monday after China announced retaliatory tariffs on another $60 billion worth of American-made goods, escalating a brutal trade war that has taken the global financial system by storm. дальше »
2019-5-14 23:05 | |
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Bitcoin Price Rages Near $7,500 – Triggered by the US-China Trade War?
By CCN: U. S. President Donald Trump announced a trade war with China Friday, hiking tariffs on $200 billion worth of Chinese exports from 10% to 25%. On the same day, the bitcoin price extended its uptrend after jumping above $6,000. дальше »
2019-5-13 17:30 | |
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Wall Street Recovers at the Last Minute, Despite the Negative Outlook of the Commercial War
Stocks of the New York Stock Exchange fell half a day after the United States and China failed to reach a trade agreement and imposed a new wave of tariff increases to Chinese products imported for more than 200 billion dollars. дальше »
2019-5-11 03:09 | |
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Dow Would Go ‘Up Like a Rocket’ with Trump’s Desired Interest Rate Cut
By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks. дальше »
2019-5-1 23:29 | |
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5 clever startups that are making money recycling waste
Can you remember what you were doing on New Year’s Day, 2018? Celebrating or perhaps nursing a hangover? What happened that day created a significant change in global recycling. China, the world’s largest scrap importer, stopped accepting recycled plastic, unsorted scrap paper and significantly reduced imported cardboard from abroad. дальше »
2019-4-23 15:56 | |
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Dow Treads Water as Stock Market Lurches Toward Critical Test
By CCN: The Dow and broader U. S. stock market drifted slightly lower on Monday, as investors disengaged from the markets in anticipation of fresh trading catalysts tied to economic data, corporate earnings, and a potential breakthrough in China trade negotiations. дальше »
2019-4-15 22:09 | |
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Bitcoin is the Hottest Trend on China’s Search Engine, Will Capital Flow In?
On the day Bitcoin price surged over $1,000, it also took the Baidu trend by storm. China’s top internet search engine saw ‘bitcoin’ emerging on the hottest new keyword list. A pointer system on the platform awarded the keyword 9715 points. дальше »
2019-4-4 17:42 | |
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Chinese Spy Scandal Threatens Trade Deal & Stock Market Recovery
A burgeoning spy scandal threatens to be an 11th-hour stumbling block to the U. S. -China trade deal, and it could take the wind out of the stock market’s sails as it continues to mount a recovery from its 2018 lows. дальше »
2019-3-18 02:30 | |
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Dow Futures Boom as Trump Admin Clambers to Rescue China Trade Deal
The US stock market is in recovery mode on the cusp of the week’s final trading session, with Dow futures indicating that the index will leap by triple digits at the opening bell. Dow Futures Jump by 120 Points As of 8:51 am ET, Dow Jones Industrial Average futures had soared by 124 points or 0. дальше »
2019-3-15 15:54 | |
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Dow Plummets 250 Points as Europe Floods Economy with Cheap Loans
The Dow Jones Industrial Average plummeted more than 250 points during the first half of Thursday’s trading session. It marks the fourth straight day of decline for US stocks. With a barrage of poor economic data and lack of fresh details on the China trade deal, the Dow is crying out for a catalyst to pump higher. дальше »
2019-3-8 19:53 | |
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US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally
Following a period of economic turmoil caused by trade friction between the U. S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. дальше »
2019-3-4 03:07 | |
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US vs Huawei: A Timeline of 5G, Foldable Phones and the World’s Next Great Tech War
President Trump’s announcement, via Twitter, that the U. S. would not be imposing new tariffs on China on March 1st sent the markets wild in Beijing and New York, but where does this development leave his side-war with Huawei? On Sunday, Huawei blew the roof off the first day of the Mobile World Congress in Barcelona with the launch of its $2600 folding smartphone. дальше »
2019-2-26 14:50 | |
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Dow Leaps Higher as Chinese Stock Market Closes Best Day in 3 Years
The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures. дальше »
2019-2-26 21:12 | |
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Dow at 26,000? Not So Fast – US Stock Market Tumbles as VIX Bounces
The Dow and U. S. stock market traded lower on Thursday after lackluster data offset renewed optimism that China and the United States were making strides on a new trade agreement. US Stock Market Eyes Biggest Drop in Two Weeks All of Wall Street’s major benchmarks reported declines midday, with the Dow Jones Industrial Average sliding 72 points, or 0. дальше »
2019-2-22 21:12 | |
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Donald Trump Just Got Snubbed by UK, Germany in Plan to Block Huawei from Global 5G Domination
Bad news for Donald Trump as Britain and Germany won’t be joining the United States in its crusade to crush Huawei’s operations, but they do need guarantees from the Chinese firm. It seems both countries are not interested in getting caught in the dispute between the U. дальше »
2019-2-20 19:48 | |
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Binance Now Supports Crypto Purchases With Credit Cards
Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine. дальше »
2019-2-1 20:59 | |
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Binance now lets you buy cryptocurrency with credit cards
Binance users will now be able to use their credit cards to purchase cryptocurrency such as Bitcoin or Ethereum. The crypto-to-crypto exchange has joined forces with a third party to enable consumers to make credit card purchases directly on its platform. дальше »
2019-1-31 15:13 | |
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The Case for Universal Basic Income Gains Strength As Recession Fears Deepen
Britain’s protracted and problematic Brexit from the European Union, coupled with China’s falling exports and America’s record trade deficit, has deepened fears of a recession at the start of 2019. дальше »
2019-1-21 17:41 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn
Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. дальше »
2018-11-20 23:08 | |
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Crypto mining farms in China were suspended for strict tax inspections
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported. дальше »
2018-11-14 18:34 | |
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Tencent to limit some mobile gamers to an hour of play time per day
Tencent is set to roll out sweeping changes to how it deals with younger gamers. According to The Wall Street Journal, Tencent will soon restrict online play time for youth in China, effectively limiting those children to under one hour of play time per day. дальше »
2018-11-6 05:20 | |
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Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds
The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella. The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future. дальше »
2018-11-2 00:40 | |
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Poloniex Revised Terms of Use, Shutters Services in Several Countries
With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U. дальше »
2018-10-26 22:46 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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China’s Baidu Rumored to Be Justin Sun and Tron’s ‘Billion Dollar Valuation Industry Giant’ Partner
Justin Sun, founder and chief executive of Tron, is known for keeping the Tron and crypto communities in suspense. Sun tweeted on Oct. 12 that Tron is partnering with an industry giant valued at tens of billions of dollars but asked the crypto verse to guess who the partner is. дальше »
2018-10-17 21:59 | |
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Chinese Insurance Giant Ping An Bets on Blockchain, AI, Cloud in Fintech Push
Ping An Insurance, the largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, is betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push. дальше »
2018-10-16 22:48 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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Bitcoin Tycoon Li Xiaolai Says He’s Done Investing In Blockchain Projects
BitFund founder and well-known Bitcoin holder Li Xiaolai said that he is going to stop personally investing into blockchain projects. Instead, he’s focusing on a career change. One of China’s biggest Bitcoin (BTC) holders, Li Xiaolai, caused a huge stir in the local cryptocurrency community after he announced via Weibo that he would now demur from personally investing into blockchain projects. дальше »
2018-10-1 13:00 | |
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