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Bitcoin Price Surges Past $12,000 Amid the Extremely Weak Yuan
Coinspeaker Bitcoin Price Surges Past $12,000 Amid the Extremely Weak YuanAfter days of struggle, Bitcoin price has finally found its way out of the slowdown. Exactly before 1 week, the coin was being traded near 9000 USD, and now it is racing with its full might towards 13,000 USD. дальше »
2019-8-6 11:03 | |
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Bitcoin surges past $12,000 on the back of Chinese Yuan’s fall
It is hard to catch your breath when you are a cryptocurrency trader. It’s even harder when you need to keep track of the largest virtual asset when it sprints toward the moon after under-performing for weeks. дальше »
2019-8-6 09:50 | |
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Мнение: проблемы мировой экономики подтолкнут bitcoin к росту
Глава криптовалютного банка Galaxy Digital Майк Новограц считает, что активный рост bitcoin продолжится. По мнению специалиста, позитивное движение курса актива объясняется нюансами макроэкономического и геополитического положения. дальше »
2019-8-6 09:33 | |
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Bitcoin Rally May Be Bolstered by Chinese Yuan Devaluation, Claims Analysts
Over the past couple of days Bitcoin (BTC) has incurred a significant influx of buying pressure that has sent its price skyrocketing towards the upper-$11,000 region, which has proven to be a slight level of resistance for the cryptocurrency. дальше »
2019-8-6 03:00 | |
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Bitcoin Price Resurgence Is a 'Self-Fulfilling Prophecy': Analyst
When the bitcoin price smashed through $11,000 overnight and set its sights firmly on the $12,000 mark, analysts almost uniformly pointed to China’s stunning decision to defy the Trump administration and devalue the yuan as the catalyst. дальше »
2019-8-6 22:56 | |
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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 | |
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Майк Новограц объяснил почему рост биткоина должен продолжиться
Глава криптовалютного банка Galaxy Digital Майк Новограц выразил мнение, что бычье ралли цены биткоина в этом году продолжится, учитывая текущие макроэкономические и геополитические предпосылки. With the yuan over 7. дальше »
2019-8-5 19:22 | |
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Beijing’s Decision To Weaken The Yuan Sees Wide Market Rally Led By Bitcoin
Last week, U. S President Donald Trump announced additional tariffs for Chinese goods coming into the U. S. This announcement sparked an overnight surge for Bitcoin, giving back the bulls the momentum they much needed. дальше »
2019-8-5 18:52 | |
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Майк Новограц: рост биткоина продолжится на фоне глобальной нестабильности
Глава криптовалютного банка Galaxy Digital Майк Новограц выразил мнение, что бычье ралли цены биткоина в этом году продолжится, учитывая текущие макроэкономические и геополитические предпосылки. With the yuan over 7. дальше »
2019-8-5 18:39 | |
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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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Yuan Falls, Bitcoin Jumps, Trump Says ‘Major Violation’ By China, Pressures Fed
Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario... дальше »
2019-8-5 18:03 | |
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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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Dow Crashes After China ‘Weaponizes’ Yuan, ‘Abandons’ Trade Deal
The Dow Jones suffered another nauseating crash on Monday after China retaliated against President Trump’s tariff threats by escalating the trade war - and perhaps abandoning the negotiations altogether. дальше »
2019-8-5 16:41 | |
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Bitcoin Jumps on Yuan Dive, Stocks Slump
Bitcoin has risen by about $1,000 in the past 24 hours from circa $10,800 to a current $11,800 with it crossing $12,000 on some exchanges. That’s on increased unfiltered trading... The post Bitcoin Jumps on Yuan Dive, Stocks Slump appeared first on Trustnodes. дальше »
2019-8-5 15:33 | |
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Dow Futures Bloodbath as China 'Weaponizes' Currency Against Trump
US stocks are set to open deep in the red on Monday, as Dow Jones Industrial Average (DJIA) futures fell more than 300 points lower. Stock markets are in free fall around the world after China hit back at Trump’s proposed tariffs and Twitter threats. дальше »
2019-8-5 14:00 | |
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Huawei will reportedly release a phone with its own OS this year
Huawei hasn’t given up on its ambitious homegrown OS project. According to a report by Chinese media site Global Times, the company might release a phone running the HongMeng OS by the end of the year. дальше »
2019-8-5 09:36 | |
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Bitcoin Nears $11,000 as Yuan Fall on China Tariffs
Bitcoin has risen by about $1,000 in the past three days to now stand at $10,800 once again. The rise of about 10% looks like a reversal, with bitcoin perhaps... The post Bitcoin Nears $11,000 as Yuan Fall on China Tariffs appeared first on Trustnodes. дальше »
2019-8-4 17:41 | |
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After Digital Yuan, A Digital Rupee Could Be On The Cards
Following China's footsteps, India despite their restrictions on cryptocurrencies could launch a government issued stablecoin, the Digital Rupee The post After Digital Yuan, A Digital Rupee Could Be On The Cards appeared first on Ethereum World News. дальше »
2019-7-17 15:00 | |
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China’s Roadmap For A Digital Yuan, Will Tron (TRX) And NEO Benefit?
The People's Bank of China is charting the road map that will lead to the creation of a digital yuan. That may prove beneficial for Tron and NEO. The post China’s Roadmap For A Digital Yuan, Will Tron (TRX) And NEO Benefit? appeared first on Ethereum World News. дальше »
2019-7-11 13:00 | |
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Fiat Market Cap: Top Fiat Currencies by Market Capitalization in BTC
Fiat Market Cap is an interesting website that tracks Bitcoin’s rise against major fiat currencies. Imagine a future where Bitcoin is the approved global store of value. How much Satoshis (Sats) would you need for an overseas holiday? On the website, fiat currencies are ranked according to their market sizes with Chinese Yuan (CNY) as […] дальше »
2019-7-2 22:34 | |
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Report: Bitcoin Works as a Hedge For Economic Freedom
Grayscale Investments has released their latest research report, highlighting the importance of self-sustaining and uncontrollable money to stop governments from curbing a person’s right to move their own money. дальше »
2019-6-18 21:00 | |
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Hong Kong pushes up Bitcoin (BTC)
The expected correction of Bitcoin after the rapid growth at the weekend did not happen. The reason – the jaw-dropping and unrelenting protests in Hong Kong. Hong Kong is afraid of yuan How can protests in the territory returned to China affect crypto? Hong Kong returned to its “home port” on July 1, 1997, shaking […] дальше »
2019-6-18 15:03 | |
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Facebook, Binance, Chinese Yuan Combine to Boost Bitcoin above $9000
By CCN Markets: The price of bitcoin (BTC) on Sunday surged above $9,300 to establish a fresh year-to-date high. The bitcoin-to-dollar exchange rate touched $9,388 at 0600 UTC — its highest since May 30 — on San Francisco-based cryptocurrency exchange Coinbase. дальше »
2019-6-17 18:45 | |
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Bitcoin Can Be a Hedge During Persistent Liquidity Crises: Grayscale
By CCN Markets: Global financial crises are on the rise, thrusting bitcoin into the spotlight. Legendary investor Warren Buffett called bitcoin “rat poison squared,” but it turned out to be nectar, nevertheless. дальше »
2019-6-14 23:00 | |
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Chinese Yuan Tumbles, A Break Through $7 Would Get “Bitcoin Bulls Excited”
Since May 13, Chinese Yuan has been trading in a tight range of 6. 90 and 6. 95 which finally broke down and tumbled 0. 5%. The biggest in three weeks to a low of 6. 962 vs the US dollar, the lowest level since November 2018. дальше »
2019-6-8 19:59 | |
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US-China Trade War Will Boost Bitcoin Price to $20,000: Analyst
By CCN: Bitcoin price is unlikely to hit the December 2017 highs unless the U. S. -China trade war escalates to new levels, an analyst has told Kitco News. According to DailyFX’s senior currency strategist Christopher Vecchio, bitcoin has lately been inversely correlated with the Chinese yuan. дальше »
2019-6-5 18:14 | |
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Bitcoin and Other Major Altcoins to Continue Price Surge Unless U.S. China Trade War Ceases
The United States and China are still very much at loggerheads and this dispute may not be resolved anytime soon. The trade war between the two economic giants has been noted as one of the many reasons behind Bitcoin’s recent rally because Chinese businessmen may have moved to Bitcoin in the fear that the Yuan […] The post Bitcoin and Other Major Altcoins to Continue Price Surge Unless U.S. China Trade War Ceases appeared first on ZyCrypto. дальше »
2019-5-31 22:23 | |
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China Throws Bitcoin-Mining Grandma in Jail for Electricity Theft
By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity theft. дальше »
2019-5-28 20:15 | |
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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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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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Analyst: Bitcoin (BTC) Is Tracking USD/Yuan Exchange Rate
A contributing author and Asian markets analyst on Forbes has pointed out that the non-correlation of cryptocurrency–that digital assets fluctuate to their own market devices–does not tell the full story. дальше »
2019-5-21 17:40 | |
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Is Bitcoin Price Really Connected with Chines Yuan? Evidence Found within Blockchain.com Data
There were have been some suspicions that Bitcoin and the Chinese Yuan are connected to each other in some way, but now, there is some evidence that this might actually be the case. A recent report revealed that just after the President of the USA declared tax changes on imports from China, Bitcoin started an […] дальше »
2019-5-20 23:46 | |
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Bitcoin And China’s Yuan Are Inversely Correlated, Blockchain.com Research Says
BTC Spiked As The RMB Fell 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. дальше »
2019-5-19 09:30 | |
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New Stablecoins Backed by Gold and Silver are Coming to eToro Crypto Trading Platform
eToro has announced the inclusion of two commodity stablecoins—eToro Gold (GOLDX) and eToro Silver (SLVX). This is in a bid to expand the scope of the assets on eToroX, its secure and regulated crypto exchange platform. дальше »
2019-5-17 01:31 | |
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Bitcoin Pump: Trade War Narrative Solidifies
One of the more popular justifications for the current bull market floating around the Internet is the growing hostility between China and the USA. Several experts and industry insiders believe Chinese investors are pulling their money out of the Yuan in anticipation of further depreciation, as reported by Forbes on May 15, 2019. дальше »
2019-5-17 01:00 | |
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Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In
By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge. дальше »
2019-5-17 21:40 | |
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