Ark Invest Sells Chinese Stocks, Buys Bitcoin

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Stocks Down, Cryptos Up as Trump Imposes 25% Tariffs on 1,000 Chinese Products

Trump has just approved 25% import taxes on 1,100 Chinese products ranging from dishwashers to aircraft tyres. The first set will come into effect on the 6th of July and will... The post Stocks Down, Cryptos Up as Trump Imposes 25% Tariffs on 1,000 Chinese Products appeared first on Trustnodes.

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Chinese stocks to Put Credit Boycott on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

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