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Binance CEO Isn’t Worried About Bitcoin, Says “Demand is Increasing”
On February 17, the Dow Jones Industrial Average was near its peak at 30,000, driven by the longest US economic expansion in history. During that time, bitcoin was trading above $10,000. Over the next thirty days, the coronavirus (Covid-19) burst out of China with major outbreaks in Italy, South Korea, France, Spain, Germany, the UK, […] дальше »
2020-3-22 03:45 | |
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Appetite for Crypto Assets Could Grow as PBOC Announces Easing
The crypto market is off to a bad start this week. But that has not depleted its possibilities of registering a big fat rebound thanks to Beijing. The People’s Bank of China announced that it is slashing down interest rates on its medium-term loans – from 3. дальше »
2020-2-18 17:00 | |
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Blockchain technology helps China cope up with Coronavirus
Transparency, as well as privacy, are two crucial pillars that need to be respected during times of distress. With almost 1,770 fatalities in China, over 70,000 total cases reported, at press time, ChThe post Blockchain technology helps China cope up with Coronavirus appeared first on AMBCrypto. дальше »
2020-2-18 01:00 | |
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United States a few steps behind China on blockchain, crypto-regulations
The regulatory environment surrounding cryptocurrencies has been murky for a long time; not just in the United States, but around the world too. However, it is interesting to note that many countries The post United States a few steps behind China on blockchain, crypto-regulations appeared first on AMBCrypto. дальше »
2020-2-6 20:30 | |
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The Chinese CBDC Will Have Transactions Approved by the PBoC
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. дальше »
2020-1-31 01:00 | |
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China’s Digital Currency Finally Begins to Take Shape, More Details Released
Coinspeaker China’s Digital Currency Finally Begins to Take Shape, More Details ReleasedThe moment everyone has been waiting for has finally come. The anticipated digital Renminbi, China’s Central Bank digital currency (CBDC), is back on the news and this time with more details about its operation. дальше »
2020-1-31 22:53 | |
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Finance Strategist: Time to Short Airline Stocks as Coronavirus Spreads
A global strategy chief says airports are on edge over China virus fears. He says it's time to short airline stocks, and long surgical masks. The post Finance Strategist: Time to Short Airline Stocks as Coronavirus Spreads appeared first on CCN.com дальше »
2020-1-22 04:59 | |
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New Coronavirus in China May Ignite a Big Stock Market Correction
Mysterious respiratory disease coronavirus is ripping through China. Last time this happened, the U.S. stock market suffered heavy losses. The post New Coronavirus in China May Ignite a Big Stock Market Correction appeared first on CCN.com дальше »
2020-1-22 18:32 | |
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China Going Crazy With Blockchain, Big Brands Joining in While Projects See A Record 110% Growth
China’s “Blockchain not Bitcoin” narrative has been known for a long time and going strong as ever. In October, President Xi Jinping himself emphasized the country to “take the leading position” in blockchain technology and “seize the opportunity. дальше »
2020-1-8 20:24 | |
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China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22. дальше »
2020-1-2 11:01 | |
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Bank of China Introduces Blockchain Bond Issuance System, Issues 20 Billion Yuan Bond
One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time. дальше »
2019-12-9 19:37 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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Despite Bitcoin “Gold 2.0” Narrative, Long-Term Correlation With Gold Remains Loose
The traditional equities markets have been caught in a tailspin over the past couple of days due to increasing tensions between the U. S. and China that have escalated the trade war into a full-fledged currency war. дальше »
2019-8-8 03:00 | |
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“It Is Irresponsible For Institutions Not To Have Exposure To Bitcoin,” Says Anthony Pompliano
“We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the US and China,” said Lawrence Summers, former Secretary of the Treasury Monday. дальше »
2019-8-6 21:55 | |
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London-based Standard Chartered Will Start Using The Blockchain For Supply Chain Finance
Standard Chartered, a bank based in the U. K. , has just made its first transaction using a new blockchain-based supply chain application. According to the bank, they did it with Linklogis, a supply chain company based in China. дальше »
2019-8-6 22:05 | |
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Bitcoin witnesses ‘macro-convergence’ as capital from China flows out of Yuan and into ‘financial haven asset’
The Chinese Yuan has crossed ‘7’ for the first time in over a decade causing massive economic unrest on a global scale, causing stock markets and other assets to tumble. It has coincidentally caused the price of Gold, Bitcoin, and other stores of values to surge. дальше »
2019-8-6 18:30 | |
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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 | |
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Aelf Gets Accredited: Is China Pivoting Back To Crypto?
A Chinese Government agency has provided accreditation to the decentralized cloud-computing network aelf (ELF), marking the first time a project with a cryptocurrency has received official certification by the national government. дальше »
2019-7-23 19:36 | |
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Bitcoin Is ‘Virtual Property’ Says Second China Court
China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. дальше »
2019-7-19 15:00 | |
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China Should Take Precautions against Facebook Crypto: Ex-PBoC Head
Facebook's foray into the payment sector has drawn backlash from governments and regulators across the globe. This time, it is China fencing its borders to keep the social media giant out. The post China Should Take Precautions against Facebook Crypto: Ex-PBoC Head appeared first on NewsBTC. дальше »
2019-7-18 17:00 | |
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Former PBoC Governor Expects Policy Implementation in China to Counter Facebook’s Libra Coin
In an ever-continuing economic war between two of the greatest nations on the planet currently, US and China, maybe in yet another race of supremacy – this time in blockchain technology and cryptocurrencies – the former governor of the People’s Bank of China, Xiaochuan Zhou, states in a recent interview. In the past month, several […] дальше »
2019-7-11 18:23 | |
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China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC Official
Coinspeaker China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC OfficialWhen the U. S. sneezes the rest of the world catches a cold, and this time around the cold has caught up with China. дальше »
2019-7-9 10:50 | |
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Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000
In amidst a tense trade dispute between the U.S. and China, the Dow Jones has achieved a new all-time high at 26,966 points, closing on 27,000 points. U.S. President Donald Trump said: Today’s Stock Market is the highest in the history of our great Country! This is the 104th time since the Election of 2016 […] The post Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000 appeared first on CCN Markets дальше »
2019-7-4 12:30 | |
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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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Plenty Reasons to be Bearish on Equities, Would be Bullish for Bitcoin: Fundstrat’s Tom Lee
The trade war is at the top of these reasons that is showing no signs of slowing down any time soon. The US and China are already seeing the effect of this ongoing war and now India has also joined the trade war with the US by imposing retaliatory tariffs on 29 US products. As […] дальше »
2019-6-16 00:22 | |
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Yet another cryptocurrency mining botnet caught targeting China
It seems we can’t go more than a week without news of a new cryptocurrency mining malware or botnet being discovered. This time, security researchers have uncovered another Monero mining botnet that’s targeting China. дальше »
2019-6-13 16:02 | |
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Dow Shrugs off Trump’s Terrifying Half-Trillion Dollar China Threat
By CCN: Dow Jones futures pushed higher in early trading Thursday, seemingly ignoring Donald Trump’s latest trade threat. According to Reuters, the president said he was prepared to slam China with tariffs on all Chinese imports: “I could go up another at least $300 billion and I’ll do that at the right time. дальше »
2019-6-6 14:45 | |
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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 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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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. дальше »
2019-5-9 22:54 | |
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Chinese Authorities Probably Want to Exploit Blockchain to Secretly Monitor Citizens
By CCN. com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go. дальше »
2019-5-7 15:53 | |
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China bans mining? And Bitcoin (BTC) soars to $ 6000
The Chinese government is considering banning mining as an activity harmful to the economy. Consideration ends today. It was first announced on April 8th. The Corn since that time has paradoxically increased by 17%, from $ 5,100 to more than $ 5,950. дальше »
2019-5-7 14:14 | |
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Bitcoin Price Wobbles As Trump China Trade Dispute Hits Asian Markets
Bitcoin price was displaying fresh volatility May 6 as global political and economic factors sparked broad uncertainty across markets. Bitcoin Comes Down From Weekly High Data from cryptocurrency exchange Bitstamp, which tends to act as a lower benchmark for Bitcoin markets, put the cryptocurrency trading around $5600 at press time. дальше »
2019-5-6 12:30 | |
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Dow Slides Red as China’s Factories Struggle Amid Economic Woes
By CCN. com: The Dow and broader U. S. stock market traded lower on Tuesday, as investors sifted through weaker than expected Chinese manufacturing data that seemed to show a loss of momentum at the start of the second quarter for the world’s second-largest economy. дальше »
2019-4-30 17:37 | |
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Tesla Rival BYD is Absolutely Killing It – But There’s an Enormous Catch
By CCN: On the heels of a rather disappointing Tesla earnings call, Chinese electric car maker BYD Auto reported a stunning 632 percent increase in Q1 net profit. The company, backed by Warren Buffet, saw profits jump from 102. дальше »
2019-4-30 21:28 | |
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Bitcoin [BTC] will have the hardest time replacing fiat in China, says Joyce Yang
The cryptocurrency market has managed to establish a stronghold in some countries like the United States and China. However, information pertaining to the market differs between the two countries, partly due to the language barrier. дальше »
2019-4-23 23:30 | |
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Bitcoin [BTC] gained popularity in China because it offered ‘a quick profit’, says Joyce Yang
Since the inception of cryptocurrencies, Bitcoin [BTC] has majorly dominated the digital asset industry and at press time, accounted for more than 50 percent of the total market capitalization. Joyce Yang, the Founder of Global Coin Research, recently spoke about the impact of Bitcoin [BTC] in China and how it had attracted the native population. дальше »
2019-4-22 01:30 | |
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Tencent Releases New Let’s Hunt Monsters Blockchain Game Inspired by Pok
China is probably the biggest gaming market in the world, however, the gamers of the country have never been able to get a taste of one of the most popular games of all time Pokemon Go. The reason being heavy censorship policies undertaken by the Chines government which included a ban on Google, Twitter, and […] дальше »
2019-4-17 18:36 | |
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Binance Labs Gives $45,000 In Grants to Three Open-Source Blockchain Projects
In their latest round of support for blockchain Projects, Binance Labs has given $15,000 to three open-source blockchain projects through their fellowship round supporting open-source blockchain development, announced on April 12, 2019. дальше »
2019-4-16 20:00 | |
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500 Startups Head Of China Believes In New “Tigers” For Mobile Payments, Blockchain And AI Focuses
New “Tigers” For Mobile Payments CNBC’s Squawk Box had an interesting participant this week. Edith Yeung of China’s 500 Startups shared new developments as new technology startups valued over $1 billion go public. дальше »
2019-4-10 23:18 | |
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Newsflash: Bitcoin Price Spikes Within Inches of $5,500 Despite China FUD
The bitcoin price bounded to a new 2019 high on Wednesday, sneaking within inches of the $5,500 mark midway through the afternoon US trading session. Bitcoin Price Flirts with $5,500 The flagship cryptocurrency held above $5,200 throughout the morning, but it began to climb heading into the afternoon. дальше »
2019-4-11 22:32 | |
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5 Minutes to Know About Blockcloud
1st April, OKEx officially announced Blockcloud will be the very first project launch on their new platform —— OK Jumpstar and OKB will be the only acceptable token for payment. OK Jumpstar is a platform powered by OKEX——top 3 crypto exchanges in China, which is to help quality blockchain projects go public and get listed in a liquid and worldwide market, and at the same time, help fuel the growth of the blockchain market and ecosystem healthily. дальше »
2019-4-10 14:09 | |
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