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Novogratz: China’s New Digital Currency Could Undermine US Reserve Status
China is on its way to becoming the first country to launch a state-backed global digital currency and Michael Novogratz, a prominent billionaire, has commented on that. Novogratz believes that the U. дальше »
2019-11-12 03:42 | |
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China’s State Administration of Forex (SAFE) Extends Cross-Border Pilot to Leverage Blockchain Tech
China’s State Administration of Foreign Exchange (SAFE) has recently taken a move to help leverage blockchain technology so that better cross-border financial services are offered, reports local news outlet Global Times. дальше »
2019-11-12 01:27 | |
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Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status
China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks. дальше »
2019-11-12 22:03 | |
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China Looking to Spend $2 Billion on Blockchain by 2023
China, the country that has recently jumped hard onto the blockchain train, will spend over $2 billion on blockchain technology come 2023. According to a report from the International Data Corporation (IDC), a global market intelligence firm, the country will see an estimated increase of 65. дальше »
2019-11-11 08:34 | |
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Bitcoin Price Dips Below $9,000 as Global Stocks Slump
Bitcoin price teetered on the brink of $9,000, breaking down along with global stock prices. Analysts believe the Friday slump across markets is a response to the still uncertain trade deal between the US and China. дальше »
2019-11-8 15:29 | |
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China's CBDC may affect dollar's global reserve currency status: Kraken CEO
The blockchain and cryptocurrency ecosystem was taken by surprise when the Chinese President, Xi Jinping, publicly announced that blockchain technology was going to play an instrumental role in terms The post China's CBDC may affect dollar's global reserve currency status: Kraken CEO appeared first on AMBCrypto. дальше »
2019-11-7 22:30 | |
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Mike Novogratz Praises China’s President Blockchain Remarks, Giving Crypto Real Credibility
At the Reuters Global Investment Outlook 2020 summit in New York on November 5, Mike Novogratz spoke about the future of cryptocurrency. Mike Novogratz, the CEO of Galaxy Digital, is a long-term blockchain investor and advocate. дальше »
2019-11-7 01:25 | |
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China Removes Bitcoin Mining From Unwanted Industries List
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese companies have become global leaders. дальше »
2019-11-7 19:00 | |
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Huawei Signs Strategic Agreement with Chinese Central Bank Digital Currency Research Arm
Per a November 4, 2019, statement from Huawei’s WeChat channel, the multinational telecom titan has signed a strategic cooperation agreement with the People’s Bank of China (PBoC) – China’s central bank. дальше »
2019-11-6 02:00 | |
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Chinese are Not Coming to Bag Bitcoin: Analyst
The bitcoin price climbed by more than 40 percent after China’s President Xi Jinping endorsed blockchain technology in his speech on October 25. Global outlets were quick to correlate the two events, stating that investors [probably] increased their holdings in bitcoin, hoping that the Chinese people would also do the same by taking cues from. дальше »
2019-11-4 19:24 | |
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2 Reasons Why Investor Returns Will Diminish Over the Next Decade
The U. S. stock market in 2019 climbed even though there was plenty for investors to worry about. A mounting trade dispute between the U. S. and China, coupled with a slowing global economy and boiling geopolitical tensions, behaved like a perfect recipe for a financial disaster. дальше »
2019-11-5 19:00 | |
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PBOC's digital currency research arm signs deal with Huawei
China's aggressive move into crypto adoption has alarmed global financial leaders into accepting their own versions of cryptocurrencies, if not Bitcoin. Catalyzing this effort, The Digital Currency ReThe post PBOC's digital currency research arm signs deal with Huawei appeared first on AMBCrypto. дальше »
2019-11-4 18:46 | |
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US Stock Market Updates ATH, Bitcoin’s Turn Next?
The global stock markets have surged since last Friday on new hopes that the US and China will ink an interim trade deal. Besides, most US companies beat expectations in the third quarter. Does the crypto market benefit from this optimism? S&P Is Up on Positive Reporting American companies have reported the best earning figures in years at the end of the third quarter. дальше »
2019-11-4 15:00 | |
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China's CCCP calls for cautionary, 'rational' use of blockchain tech
China has been very ambitious lately in an effort to dominate the global blockchain technology space. Realizing the need to be at the forefront of technical innovations to remain a superpower, the couThe post China's CCCP calls for cautionary, 'rational' use of blockchain tech appeared first on AMBCrypto. дальше »
2019-11-4 10:12 | |
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China’s ‘DCEP’ Cryptocurrency Will be Gold-Backed: Max Keiser
After a period of absence, RT’s Max Keiser is back and his commentary on the current state of the global economy is as colorful as ever. The bitcoin bull also had some interesting things to say about China’s gold hoards and its new central bank-backed cryptocurrency. дальше »
2019-11-2 13:00 | |
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200+ German Banks Unite to Propose a Pan-Continental Digital Euro
China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto. дальше »
2019-11-1 18:09 | |
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Experts Expect “Multi-Billion-Dollar Support” From China in Blockchain & Crypto Companies
China’s President Xi Jinping’s latest remarks on the country embracing blockchain technology and taking a leadership position in the space will give Beijing an edge in the global race to lead in the nascent technology said, analysts and investors. дальше »
2019-10-30 19:31 | |
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TRON Ranks #2, Way Ahead of Bitcoin in China’s Latest Crypto Rankings
China’s Center for Information and Industry Development released its latest Global Blockchain Technology Assesment Index report. EOS ranks first, followed by TRON and Ethereum. XEM and GXChain removed from the CCID’s crypto raking index. дальше »
2019-10-31 09:28 | |
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Bitcoin, China’s CBDC may endanger United States’ position as global superpower
China’s aggressiveness in embracing blockchain technology, while also recording some interest in the world of digital assets, has grabbed the attention of the entire crypto-community. This sentiment shot throught the roof after President Xi Jinping’s comment on blockchain technology, a comment that suggested that the Asian superpower is planning to focus and invest substantially in […] The post Bitcoin, China’s CBDC may endanger United States’ position as global superpower appeared first on AMBCrypto. дальше »
2019-10-30 08:00 | |
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Weiss Ratings: China will never use Bitcoin, EOS is number one rated crypto
Weiss Crypto Ratings recently stated that China would never use Bitcoin. The comments come after the nation’s Center for Information and Industry Development published the latest edition of its crypto rankings index. дальше »
2019-10-30 05:15 | |
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
Mining rig manufacturer Canaan has filed for an IPO with the U. S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. дальше »
2019-10-30 04:30 | |
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Chinese Altcoins Retrace from Daily Highs as Hype Falters
Late last week the Chinese President offered widely publicized comments regarding his intentions to make China a global leader in blockchain technology, which was met with mixed reactions from investors, with some analysts noting that it was the catalyst behind the recent rallys incurred by Bitcoin and altcoins alike. дальше »
2019-10-29 02:00 | |
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Pinduoduo Surpasses JD.com in Valuation as Chinese Business Is on the Global Front Burner
Coinspeaker Pinduoduo Surpasses JD. com in Valuation as Chinese Business Is on the Global Front BurnerChinese retailer Pinduoduo has just surpassed JD. com to become the 4th largest internet company in China. дальше »
2019-10-28 16:54 | |
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China Emerges as Unexpected Hub for Blockchain and Cryptocurrency Developments
Around a year or two ago this time, it would’ve been laughable to suggest that China is going to become a global center for fintech innovation. Yet here we are today. China just passed a law regarding data encryption and cryptography that is set to be implemented in early 2020. дальше »
2019-10-28 16:00 | |
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Bitcoin’s Corrections Have Finally Aligned, Notes Analyst
Even though the Bitcoin price has been on a prolonged downtrend, the positive news has kept rolling in. On October 25, Chinese President Xi Jinping stated that China must be the leader for global blockchain development. дальше »
2019-10-27 20:07 | |
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Bitcoin Price Pump Follows S&P 500, Fills CME Gap After China’s Blockchain Endorsement
The Bitcoin price has pumped significantly following Chinese President Xi Jingping’s call for the country to become a global blockchain leader. However, there is more behind BTC’s pump than just that. дальше »
2019-10-26 20:52 | |
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China Authorities Arrest 6 People Related to GGP Crypto Scam (Global win-win Token)
Six people were recently charged by the Chinese police for their connection to a crypto scam. According to the reports from local media outlets, the police of the Jiangsu Province believes that these six fraudsters conned around 10,900 investors. дальше »
2019-10-25 00:31 | |
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Highest Number of World’s Richest People Live in China, Not U.S: Global Wealth Report
Coinspeaker Highest Number of World’s Richest People Live in China, Not U. S: Global Wealth ReportChina currently has 4. 4 million millionaires and attained another groundbreaking record being home for 100 million members of the world's "top 10%". дальше »
2019-10-23 13:00 | |
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Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra Fails
Coinspeaker Facebook’s Libra Head David Marcus Cautions US on China’s Win if Libra FailsDavid Marcus hinted that the U. S. will lose its leverage in controlling the global money supply to China if Facebook's Libra is derailed. дальше »
2019-10-23 12:19 | |
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China’s Top 10% Flip Rich Switch in a First to Outnumber Wealthy Americans
For the first time ever, the Chinese outnumbered the Americans among the top 10% of the wealthiest people in the world. While the US boasted of 99 million people featuring in the global top 10%, China had 100 million of them, according to Credit Suisse. дальше »
2019-10-22 15:03 | |
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Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining
A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto. дальше »
2019-10-22 07:43 | |
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U.S. Treasury Yields Under Pressure as Weakening China Threatens Global Stability
U. S. government debt yields fell on Friday, as bond prices rose following news of China’s weakest quarter of economic expansion in three decades. Treasury Yields Fall The yield curve declined at week’s end, reflecting growing appetite for U. дальше »
2019-10-21 23:30 | |
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Libra, China’s CBDC could divert Euro supply: Bank of France’s Denis Beau
Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry. дальше »
2019-10-16 09:43 | |
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CME Anticipates Major Interest from Asia as Bitcoin Options Launch Looms
CME Group’s global head of equity products, Tim McCourt, believes that Asian traders and miners will welcome their Bitcoin options product with open arms come Q1 2020. As per an interview with South China Morning Post, CME anticipates greater demand for options contracts given the immense benefits of using it as a hedging mechanism, October 10,Read MoreRead More. дальше »
2019-10-12 01:00 | |
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Bitcoin (BTC) Options To Be A Huge Hit Amongst Chinese Miners, Traders
The upcoming Bitcoin (BTC) options may be a hit product with miners and traders based in China, the CME Group believes. CME Notes Robust Interest from Asian Traders Tim McCourt, CME Group’s global head of equity products, expects to see the new options contracts surpass the popularity of futures. дальше »
2019-10-10 11:55 | |
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2019 China Smart Homes & Buildings Expo (SHB 2019)
Coinspeaker 2019 China Smart Homes & Buildings Expo (SHB 2019)As a high-end international display, exchange and business platform for the latest smart home and building industry, the show will gather global premium exhibitors. дальше »
2019-10-10 02:09 | |
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Bitcoin to Shine Once Liquidity Crisis Gets Triggered
The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all. дальше »
2019-10-8 16:00 | |
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Dow Futures Plunge as China Hints at No Compromise in U.S.-China Trade Talks
Coinspeaker Dow Futures Plunge as China Hints at No Compromise in U. S. -China Trade TalksWith the Chinese officials showing an unwillingness to back down and agree to the U. S. demands, Dow Futures, as well as the global stock markets, is already reacting before this week's trade talks. дальше »
2019-10-7 13:50 | |
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Will the US Launch a Crypto Dollar? Coinbase CEO Ponders
Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets. дальше »
2019-10-6 15:00 | |
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Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020
As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which […] The post Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020 appeared first on CCN.com дальше »
2019-10-3 15:36 | |
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Shock U.S. Data Triggers Recession Alarm as Global Stocks Plunge
The unexpected fall in the U. S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0. 9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0. дальше »
2019-10-2 14:55 | |
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Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive
In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. дальше »
2019-9-29 22:07 | |
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China’s Central Bank Affirms That National Digital Currency Has No Timeframe For Launch
China has confirmed its plans to launch its own central bank-based digital currency but does not have a timeframe right now. This is what the local media outlet Global Times revealed after the local central bank, the People’s Bank of China, commented on the situation of the project. The governor Yi Gang was quoted by […] дальше »
2019-9-25 20:15 | |
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China Avoids Rushing the Launch of its Central Bank Digital Currency
Chinese officials have confirmed that they have no timetable in place for the launch of their central bank digital currency (CBDC). This comes just weeks after a formal announcement by the PBoC that a launch is being scheduled by year-end. дальше »
2019-9-25 17:00 | |
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Not Initiating in November: Chinese Central Bank Cryptocurrency Launch Denied
The Chinese Central Bank has refuted claims that it is going to instigate its national digital currency in the coming month (November). This is according to The Global Times, which is China's national English language newspaper. дальше »
2019-9-23 19:11 | |
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Not My Safe Haven: Investors, Speculators Dismiss Bitcoin as Global Risks Loom
Earlier this year, the anecdote that bitcoin serves as a safe-haven asset in times of heightened macroeconomic risks received support from factual data. The benchmark cryptocurrency and its traditional rival gold both established year-to-date highs as the U. дальше »
2019-9-18 18:00 | |
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7 Asian Blockchain Leaders On Interoperability, Regulation, And Innovation
In 2017, China dominated cryptocurrency headlines – but to many observers, it’s now all quiet on the eastern front. But don’t let the diminished focus fool you – Chinese blockchain projects continue to innovate and build; and some are moving ever-closer to major global adoption. дальше »
2019-9-19 15:07 | |
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Dow Futures Cling On as Trump Reignites Torrid Trade Talks
After a heavy day of selling on Monday, Dow Jones Industrial Average (DJIA) futures held their nerve this morning. The stock market is cautiously optimistic as Chinese officials confirmed a low-level meeting in Washington this week to hash out trade issues. дальше »
2019-9-18 12:42 | |
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Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. дальше »
2019-9-17 12:36 | |
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