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Dow Jones on Edge as Tense China Diplomacy Nears Breaking Point
Secretary of State Mike Pompeo accuses China of covering up the coronavirus outbreak and stokes rumors of Wuhan lab involvement. The post Dow Jones on Edge as Tense China Diplomacy Nears Breaking Point appeared first on CCN.com дальше »
2020-4-24 14:45 | |
China’s PBoC Places Central Bank Digital Currency Development As Top Priority
Reports have surfaced that China’s Central Bank has made strides towards realizing their Central Bank Digital Currency (CBDC). In a virtual meeting by the People’s Bank (PBOC) top brass, whose focal point seems to be the discussion around the ongoing developments of China’s digital Yuan. дальше »
2020-4-6 17:22 | |
US Congressman Challenges Fed Chair on Threat of China’s Digital Currency
Congressman tells Federal Reserve Chair that the U.S. is at the tipping point of issuing its central digital currency
дальше »2020-2-12 02:36 | |
Dow Futures Jump as China Bows to Trump’s Critical Trade Demand
Dow Jones Industrial Average (DJIA) futures point to a strong stock market open Monday as China backs down on intelectual property rules. The post Dow Futures Jump as China Bows to Trump’s Critical Trade Demand appeared first on CCN.com дальше »
2019-11-25 14:37 | |
Bitcoin Price Will Moonshot $500,000 Within 10 Years After Flipping Gold, Says Bobby Lee
Bitcoin to flip gold by 2028, says Bobby Lee, founder of BTCC, the world’s first bitcoin exchange. Stock to Flow model supports the prediction. A weak dollar may adversely affect bitcoin’s price point. дальше »
2019-11-11 16:05 | |
Dow Futures Tread Cautiously As Trade Deal Hype Dies Down
Dow Jones Industrial Average futures point toward an uncertain day for the stock market today. The U. S. -China trade deal hype is now in the rear-view mirror as consumer sentiment data will now come into focus. дальше »
2019-11-8 14:38 | |
Is Bitcoin A Safe Haven? Ask China And Argentina
Nevermind the double-digit price swings. Despite the day-to-day roller coaster ride of crypto markets, spiking demand in China and Argentina point to a pivot point for the largest digital currency – from risky bet to safe store of value. дальше »
2019-8-17 22:26 | |
Stock Futures Stabilize After Wild 600 Point Dow Swings
Stock market futures point to a stable open on Wall Street after yesterday’s wild session which saw the Dow Jones plunge 600 points before recovering. The volatility subsided overnight as China stabilized the yuan and US Treasury yields recovered after plunging near all-time lows on Wednesday. дальше »
2019-8-8 15:03 | |
Dow Suffers Brutal 475 Point Reversal, Trump Blames Fed
The Dow Jones snapped back into its brutal reversal on Wednesday, as recession alarms thundered throughout the global economy and China continued to confound analysts with its handling of the yuan. дальше »
2019-8-8 17:06 | |
Chinese dragon tames the American eagle as Bitcoin adopts an Act East policy
All signs point eastward, as BTC moves sideways. In the past week, two key decisions have rocked the global markets, while also contributing to ripple effects beyond their domestic markets. The United States and China, at loggerheads for several months over growing trade tensions, took macro-economic decisions not seen for a decade and from the […] The post Chinese dragon tames the American eagle as Bitcoin adopts an Act East policy appeared first on AMBCrypto. дальше »
2019-8-7 15:30 | |
Dow Recovers but Recession Alarm Hits Crisis Levels
After the Dow shed almost 1,000 points on Monday, stock market futures point to a slight recovery on Wall Street this morning. Tuesday’s bounce, however, is tainted by the Treasury’s recession indicator which plunged to a level not seen since before the 2008 financial crisis. дальше »
2019-8-7 15:26 | |
Dow Implodes After China Bares Its Trade War Fangs
The Dow Jones is getting pummeled again, down 721 points (2. 72%) as a significant global move from risk comes on the back of a fresh escalation in Trump’s trade war with China. Beijing has mounted its most vigorous response yet, weaponizing the yuan and making an official point to avoid US agricultural exports. дальше »
2019-8-5 20:29 | |
Bitcoin Shoots Up on Rising Threat of Full Blown Currency War as China’s Yuan Drops Below 7
The simmering trade tensions between the US and China have threatened to spark a full-blown currency war after Beijing lets the yuan weekend past the psychologically important point of 7 to the American dollar for the first time in over a decade. дальше »
2019-8-5 17:42 | |
Huawei CEO on Crypto: China Should Issue Its Own Libra
The past few weeks have been an absolute flurry for the crypto space. Facebook’s launch of Libra awoke something in the public, forcing anyone and everyone to take note of this budding industry. Related Reading: Fresh Bitcoin Uptrend May Start in September, But Drop to $7,000 Could Precede Bull Run Case in point, the chief. дальше »
2019-7-26 14:00 | |
China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally
Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. дальше »
2019-7-14 22:30 | |
Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. дальше »
2019-6-19 13:40 | |
YAP CHAIN Receives Exclusive Rights to the Domestic Distribution and System Development of Ingenico POS Devices
Coinspeaker YAP CHAIN Receives Exclusive Rights to the Domestic Distribution and System Development of Ingenico POS DevicesOn June 8th, 2019, the YAP CHAIN Foundation announced that they have obtained exclusive Korean rights to the distribution and development of APOS A8, the best-selling Android POS (Point of Sale) system created by Ingenico (known as LANDI in China). дальше »
2019-6-13 22:22 | |
Dow Plunges over China’s Fierce ‘Don’t Say We Didn’t Warn You’ Trump Threat
By CCN: Dow Jones futures point to a weak stock market open on Wednesday as China threw fierce words at Donald Trump. China’s People’s Daily newspaper published an editorial using a threatening phrase that carries enormous historical weight in China. дальше »
2019-5-29 14:46 | |
Inflamed Trade War Tensions Threaten to Send the Dow Reeling
By CCN: The Dow Jones has remained relatively stable throughout recent weeks, keeping the 25,500 point level intact amidst rising tension between the U. S. and China. With analysts in both the U. дальше »
2019-5-29 23:30 | |
Dow in Freefall as Terrifying 15-Year US-China Trade War Looms Large
By CCN: Dow Jones futures point to a calamitous open for the US stock market on Thursday. Reports out of China suggest that hopes of a trade deal are further away than anyone could have imagined: a terrifying 15 years. дальше »
2019-5-23 14:10 | |
Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment
By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point. дальше »
2019-5-21 20:44 | |
Dow Plunges After China Lashes Out at ‘Bully’ Trump
By CCN: The US stock market plummeted during the week’s final trading session, as the Dow and Wall Street’s other major indices reeled from yet another escalation to the US-China trade war. Dow Reels After Beijing Unloads on Trump Administration Stock futures traded sharply lower ahead of Friday’s opening bell. дальше »
2019-5-17 16:11 | |
Dow Implodes as Clock Ticks on Trump’s Ruthless China Gamble
By CCN: A volatile Dow Jones Industrial Average lurched toward a 400 point setback on Tuesday as the clock continued to tick on President Trump’s high-stakes gamble that threatening to slap new tariffs on hundreds of billions of dollars of Chinese imports will force Beijing to sign a trade deal. дальше »
2019-5-7 16:47 | |
New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter
Since the emergence of decentralized currency, China has been the focal point of cryptocurrency mining. With the market falling to the “crypto-winter” in 2018, several miners suffered severe setbacks due to the plummeting market. дальше »
2019-4-20 10:00 | |
Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown?
Part 1 of the history of the Chinese tryst with the cryptocurrency industry. China has always been a focal point in the realm of cryptocurrency and blockchain technology. From being the once hub of cryptocurrency exchanges to the mining center of the world, China has seen its dominance in the decentralized currency game decline due […] The post Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown? appeared first on AMBCrypto. дальше »
2019-4-15 16:45 | |
Oppo’s new flagship has a 10x optical zoom and a ‘pizza slice’ selfie-camera
After teasing it for a long time, Oppo‘s finally unveiled the first phone under its new flagship series: The Reno. The device’s unique selling point is certainly its camera, which offers a 10x optical zoom – double that of Huawei P30 Pro’s 5x lossless zoom capability. дальше »
2019-4-10 13:07 | |
Dow Jones Winning: Why China’s Stock Market Surging For First Time in 3 Months is Crucial
For the first time in 3 months, the Chinese stock market has recorded a 3 percent increase triggered by the optimistic prospect of a comprehensive trade deal. The Dow Jones is nearing the 26,000 point mark after initiating a strong rally in the past two weeks. дальше »
2019-2-18 18:03 | |
Euphoric Dow Plows to 365 Point Gain after Trump Talks up China Trade Deal
The Dow and broader U. S. stock market surged to more than three-month highs Friday following the release of a White House memo that described trade talks with China as “detailed” and “progressive. дальше »
2019-2-15 20:41 | |
While Dow Surges, This Key Metric Reveals Professional Investors are Calling the US Stock Market’s Bluff
The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown. дальше »
2019-2-13 20:14 | |
Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade
The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March. дальше »
2019-2-7 20:56 | |
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 | |
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 | |
2019 will be a pivotal year for Southeast Asian tech startups
With a rising middle class and a booming tech startup scene, Southeast Asia (SEA) sits where China did 10 years ago — on the cusp of a major economic boom fueled by the tech industry. The only questions over the last few years have been: When will the tipping point be reached, and when will SEA mature from a promising regional market into the next big world economy? I’ve seen promising signs that in 2019, our region may finally reach that tipping point. дальше »
2018-12-19 02:00 | |
Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’
The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »
2018-11-21 20:00 | |
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 | |
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 | |
Amazon Web Services Partners Up with Qtum in China
Recent news of a possible partnership between TRON and Chinese giant Baidu demonstrated the excitement that was produced by sheer rumors of such a move. While this partnership remains only a speculation at this point, another project recently announced a confirmed partnership with an equally as large company. дальше »
2018-10-18 14:00 | |
Why Justin Sun Has A Lot Of Power With TRON
A rumoured partnership with TRON could be the most ambitious by Justin Sun to date. The CEO and founder of TRON founder, Justin Sun is no stranger to high profile announcements. However, the cryptocurrency leader has drawn attention in the past for his showmanship in how he markets his digital currency in the sense that at times he is blatantly promoting TRX. дальше »
2018-10-15 14:00 | |
Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?
The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China. дальше »
2018-10-9 15:32 | |
Why Bitcoin (BTC) Might Benefit From Extended US China Trade War
Chart for BTC/USD (1W) Bitcoin (BTC) might be the single biggest winner of the US China trade war that has left investors completely perplexed. The stock market is completely clueless as to what Trump might to next to escalate the trade war. дальше »
2018-9-13 17:00 | |
Is Crypto In China About To Hit A Brick Wall?
In two days, we have seen three significant news pieces out of China that all point towards an all out ban on cryptocurrencies from Chinese authorities. As it stands in China, some aspects of crypto are banned and others are totally legal, however it seems that new regulations are coming into force by the day, regulations that are going to put an awful lot of pressure on the crypto community within China. дальше »
2018-8-23 17:30 | |
An Australian Blockchain Experiment: Tracking Global Almond Shipments
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. дальше »
2018-7-31 23:13 | |