2019-9-20 19:08 |
Binance confirms plans to roll out its over-the-counter trading platform for Chinese yuan in October
Similar to Notcoin - Blum - Airdrops In 2024
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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.
2019-6-8 19:59 | |
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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.
2019-5-25 07:00 | |
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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.
2019-5-21 19:11 | |
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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 […]
2019-5-20 23:46 | |
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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.
2019-5-19 09:30 | |
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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.
2019-5-17 01:00 | |
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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.
2019-5-17 21:40 | |
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As a trade war between US and China has taken off, the US is raising trade tariffs with Chinese yuan rate going down and people starting to use crypto as a safe haven. Several major... The post Chinese Entering Bitcoin As Safe Haven, Driving Recent BTC Price Surge: Forbes appeared first on Ethereum World News.
2019-5-16 09:10 | |
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This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.
2019-5-15 19:01 | |
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Chinese stocks are falling amid botched trade negotiations that have now led to increased chances of more import taxes on potentially all Chinese goods. The Shanghai Composite Index, the main...
2019-5-13 14:16 | |
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By CCN. com: Times Square visitors were treated to an embarrassing shellacking of Elon Musk and his Tesla clown car on Monday. Three advertisements appeared in the popular area of New York City demanding that Tesla provide Shenma, a high-end Chinese ride-hailing firm, with compensation.
2019-4-30 09:18 | |
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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.
2019-4-30 21:28 | |
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Coinspeaker Rising Pressure from USA Does Not Bother Huawei as Revenue Adds 39% in Q1Huawei Technologies Co. said that their revenue from the first quarter jumped 39 percent to 179. 7 billion yuan ($26.
2019-4-22 16:26 | |
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Coinspeaker Bitcoin Below $1 Million by 2020 is Impossible, It’s Pure Mathematics, Says John McAfeeAccording to John McAfee, Bitcoin will be used for payments and receipts instead of the US dollar, Euro, and Chinese Yuan, and will hit $1M by the year of 2020.
2019-4-17 12:20 | |
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Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a […] The post USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire appeared first on AMBCrypto.
2019-4-16 04:30 | |
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This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought.
2019-4-13 19:07 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Now that the cryptocurrency market has seemingly bottomed or is near its bottom, an influx of Chinese Yuan (CNY)… The post Chinese Crypto Bulls on the Horizon — Almost $160M Yuan Flowed into the Bitcoin Market in the Last 24 Hours appeared first on Invest In Blockchain.
2019-3-21 20:33 | |
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Chinese Money is flowing into Bitcoin and cryptocurrencies from the profits made by its roaring stock market. Largest Chinese exchanges registered double volume while Chinese Yuan is seeing the highest money flow in cryptos after US dollar in fiat currency.
2019-3-20 17:24 | |
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China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No. 2 Entry Fiat Currency Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies.
2019-3-18 12:00 | |
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A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down.
2019-2-17 03:12 | |
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According to the Zhu Fa, the co-founder of Poolin (a Chinese crypto mining firm), the price of Bitcoin (BTC) could scale up to a staggering 5 million Yuan (USD $738,000 approx) in the coming few years.
2019-2-16 19:12 | |
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Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1.
2019-2-1 02:07 | |
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Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019.
2018-12-5 23:15 | |
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Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported.
2018-11-14 18:34 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-5 22:04 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-7 22:04 | |
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The Chinese government is known to come down hard on anything they see as a threat to the nation. Bitcoin and other cryptocurrencies were no exception. The state had placed a blanket ban in the past in order to protect the Chinese Yuan.
2018-10-29 00:16 | |
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Nouriel Roubini and Peter Van Valkenburgh To Discuss Cryptos In Congress Today Nouriel Roubini and Peter Van Valkenburgh To Discuss Cryptos In Congress Today OKCoin USA to Release New Chinese Yuan (RMB)-backed Stablecoin OKCoin USA to Release New Chinese Yuan (RMB)-backed Stablecoin Crypto Funds Get Investments from Stanford, Harvard, MIT, North Carolina and More Per […]
2018-10-13 00:54 | |
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Hurun China Rich List Released, And It Now Includes Multiple Crypto Entrepreneurs A local list is released in China each year that outlines the richest people in the country, requiring that they have a minimum net worth of over 2 billion yuan (about $209 million).
2018-10-11 22:13 | |
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A Chinese bitcoin miner from Shanxi province has been jailed after admitting to the theft of 104,000 yuan ($15,000) worth of electricity from a train network. Cheap Day Return Obviously, stealing that much power would take an awful lot of train travel.
2018-10-11 20:00 | |
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The founder of Chinese cryptocurrency exchange OKCoin confirmed its US sister operation, OKCoin USA, will issue a stablecoin backed by the Chinese yuan (RMB). Xu: Stablecoin Will Be ‘Fully-Compliant’ In a series of tweets, Star Xu, who also founded both platforms’ parent company, OKGroup, delivered a highly bullish forecast on the future of the stablecoin market — which is seeing multiple market entrants this year.
2018-10-11 00:00 | |
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The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China.
2018-10-9 15:32 | |
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I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
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Today, September 12, 2018, OKCoin announced that the company will be offering token-to-token only trading in twenty states across the U. S. This announcement of its expansion in U.
2018-9-12 17:01 | |
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The Chinese cryptocurrency ban is proving to be far more difficult for regulators to enforce than anticipated. The Central Bank of China released a July report announcing the success of the country’s cryptocurrency ban, stating that the influence of the Chinese Yuan on the cryptocurrency market—which previously accounted for 90 percent of global trading volume […] The post Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names appeared first on CryptoSlate.
2018-9-10 14:00 | |
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Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation.
2018-8-21 16:00 | |
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Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether.
2018-8-20 12:00 | |
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Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.
2018-8-20 08:00 | |
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Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information.
2018-8-1 10:01 | |
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JD. com Acquires 30% Stake of Allianz China Recently, the China Banking and Insurance Regulatory Commission approved JD. com’s application to invest 483 million Yuan (approximately $71 million) to the Chinese unit of the Allianz Corporation.
2018-7-31 19:00 | |
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The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy.
2018-7-23 20:42 | |
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Bitmain is ranked 13th on the list, with Hurun valuing the company to be worth 70 billion yuan ($10. 3 billion USD approximately). Canaan Creative also holds a significant position on the list, sitting at 32nd (tied with 20 other companies) with a valuation of roughly 20.
2018-7-19 11:45 | |
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On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China’s Guangdong Province.
2018-7-15 14:30 | |
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China was once the hub of the cryptocurrency movement. After a government crackdown in 2017, however, China has become a cryptocurrency “wasteland” according to a new report from Bloomberg. “Crackdown turns China from bitcoin’s epicenter to a wasteland,” reported Bloomberg earlier this week, citing stats like declining Yuan volume on cryptocurrency exchanges worldwide. The Chinese […]
2018-7-13 07:21 | |
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China is one of the more technologically advanced nations in the world, and with its population closing in on 1. 4 billion, it was naturally one of the biggest Bitcoin markets during the cryptocurrency’s early days.
2018-7-13 05:00 | |
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A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy.
2018-7-12 11:00 | |
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Twenty individuals have been arrested in connection with a huge cryptojacking scam in the Shandong province of China. Those involved are thought to have successfully hijacked 3. 89 million personal computers since 2015.
2018-7-11 22:00 | |
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In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard of cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.
2018-7-10 20:00 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov. 2…
Paxos issued a new stablecoin, the Global Dollar (USDG), which is legally compliant with Singapore’s monetary laws. Unlike other legally compliant stablecoins, USDG will distribute a large portion of the interest earned on reserves to market participants that help propagate the stablecoin network.
Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion.
BitGo has appointed Ben Reynolds, former president of Silvergate Bank, as managing director to lead its stablecoin USD Standard. Global crypto custodian firm BitGo announced Reynolds’ appointment to oversee the growth and global adoption of its recently launched USD Standard…
Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS’ upcoming stablecoin framework.” Digital assets company Paxos has launched a new stablecoin, Global Dollar (USDG), designed to meet stringent compliance standards set by…
Agora’s AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S. dollar-pegged stablecoin issued by crypto startup Agora, marking a significant step…
Felix, a WhatsApp-based platform focused on cross-border payments, has teamed up with Zero Hash to simplify remittances for 60 million U. S. -based Latinos. According to a press release seen by crypto.