China’s expected interest rate cuts and economic stimulus could drive liquidity into Bitcoin, sparking a price breakout. Global Bitcoin reserve trends and U.S. policy shifts may amplify Bitcoin’s momentum in…
Browsing: China
A recent meeting between El Salvador and China has disclosed plans to promote digital connectivity and economic growth through various initiatives. El Salvador has currently accumulated more than 6000 Bitcoins,…
Yao Qian faces allegations of using cryptocurrencies for bribery, leading to his expulsion from the Communist Party. China’s CBDC pioneer Yao Qian is accused of corruption, highlighting risks in digital…
China’s approval of $1.4 trillion to mitigate the receding economy and meet its GDP growth target has been met with disappointment. The country is reported to have finished 2023 with…
Despite China’s Bitcoin ban, it still controls 55% of the mining hashrate, raising questions about the ban’s enforcement. The U.S. is gradually gaining ground in Bitcoin mining, while China may…
US dollar under serious threat as Saudi Arabia’s top official discloses that the country is open to using Yuan for crude settlement amid the upcoming BRICS Summit. However, the US…
US presidential candidate Donald Trump threatens BRICS and countries that want to move away from the dollar with a 100% tariff. According to an expert, this could be a lose-lose…
The Chinese yuan’s profile in global payments and trade is rising, overtaking the US dollar as the most used currency in cross-border payments in China. It’s also making a mark…
Founder of TRON, Justin Sun, has urged the Chinese authorities to “learn from the US” by softening their crypto stance. Similarly, a professor at the Hong Kong University of Science…
China and Russia are exploring the use of stablecoin to expand their crypto exposure and complement their CBDCs to establish an autonomous financial system to operate outside the sanctions. The…
As China struggles with a severe economic downturn, analysts believe lifting the crypto ban could significantly mitigate the financial crisis. Recent developments could see China shifting its stance towards cryptocurrency.…
Daniel Batten, a Bitcoin environmental impact analyst stated that despite widely spread news, Bitcoin mining was only temporarily suspended in China. China’s mining activities have contributed to 15% of the…
Presidents of the two leading economies in the world and pioneers of the BRICS alliance have met in person for a two-day summit aimed at strengthening their ties. The two…
Bitcoin Asia in Hong Kong had over 5,500 attendees, half of whom came from China, where the government has been cracking down on crypto for years. The organizers say the…
Hong Kong is ready to approve a Bitcoin ETF next week that could usher in a new wave of Chinese investors looking for alternative investment options. The launch of a…
China reiterates bearish sentiments against Bitcoin PBOC ensures that Chinse residents cannot trade Bitcoin ETFs In a recent report, a local newspaper Economic Daily, which is also owned by the…
China’s CCP’s dominance in the Ethereum ecosystem remains a topic of concern for community members. According to TruthLabs, CCP is the largest hidden whale on the network. Cryptocurrency community members…
London trial investigates a Bitcoin money laundering scheme linked to a $6.3 billion fraud affecting 130,000 Chinese investors. Key figures: Wen Jian faces charges related to laundering, while Zhang Yadi…
• As inflation rises and threatens the stability of the global economy, Chinese investors are counting on Bitcoin as a safer alternative. • Despite the current crypto ban in China,…
Hong Kong-based DGS made history by issuing the first-ever digital stamp in China on Polygon in partnership with the China Post. The move combines the on-chain digital capabilities of the…