2020-8-22 02:55 |
Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months.
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A Chinese court has published a breakdown of the total crypto assets seized from the PlusToken scam including about $3. 3 billion worth of Bitcoin (BTC). Some commentators say the timing of the news points to attempted FUD aimed at causing panic in the market.
2020-11-28 13:49 | |
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Chinese New Year is just around the corner and people are once again debating its possible impact on Bitcoin price. A popular theory is Chinese investors cash out holdings before the holiday, creating additional selling pressure in the market.
2020-1-21 01:00 | |
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The Chinese PlusToken scam may have influenced Bitcoin’s price, Chainalysis hypothesizes in a blog post. Though it’s unlikely to be the main factor, movements of stolen funds correlate very well with market downturns.
2019-12-17 23:17 | |
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After the bear market of 2018, Bitcoin has performed well in 2019. Two Chinese Bitcoin mining giants, Bitmain and Canaan, want to capitalize by taking the companies public.
2019-11-13 20:00 | |
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Angel investor and BTC bull Anthony Pompliano states that China is not after blockchain as an idea and that Bitcoin may help fight Chinese surveillance
2019-11-11 18:17 | |
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Last week, news that Chinese President Xi Jinping spoke in support of blockchain technology, caused crypto markets to surge and Bitcoin to set its third-largest one-day gain percentage-wise in the asset’s ten-year history.
2019-10-30 21:00 | |
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Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof.
2019-10-22 21:49 | |
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As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin.
2019-9-6 15:00 | |
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The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying at the University of Technology Sydney had been found ‘safe’ and in ‘good health’.
2019-9-3 15:46 | |
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According to a press release dated August 21, 2019, the U. S. Treasury Department has blacklisted three Chinese citizens and one Chinese Entity for allegedly leading an online-based drug trafficking organization that was smuggling opioids inside the US.
2019-8-23 01:00 | |
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As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. Analysts have been struggling to categorize.
2019-4-8 20:19 | |
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After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law.
2018-10-30 18:59 | |
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Till now the most prestigious and recognizable feat of converting barren lands into the world’s tallest buildings stays with Dubai. However, an ambitious plan by the Chinese government, which is being touted as President Xi Jinping’s dream project, could change that forever.
2018-7-24 13:59 | |
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Millionaire investors in China are still utilizing significant cryptocurrencies like bitcoin and ether to purchase properties overseas, despite the crackdown on digital asset trading by the Chinese authorities.
2018-7-24 13:00 | |
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In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate.
2018-7-24 07:00 | |
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China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region):
2018-7-23 18:21 | |
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China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.
2018-7-23 15:02 | |
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South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up.
2018-7-23 06:45 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad.
2018-7-21 15:12 | |
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China has released the third round of its public blockchain rankings. EOS, the world’s fifth largest cryptocurrency by market cap, is once again the king of the list, taking the top position. Bitcoin, meanwhile, the world’s largest cryptocurrency by market cap, isn’t even in the top 15.
2018-7-21 10:59 | |
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Bitmain, the Chinese Bitcoin mining giant currently valued at $12 billion, is looking to expand their Development Center in Israel and recruit more than 40 people. The new round of recruitment will triple the current number of employees at the Ra’anana center based on July 2018 reports.
2018-7-21 22:00 | |
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The Chinese authorities again put EOS on the first place in the rating of the best blockchain and cryptocurrency projects. Bitcoin still can not enter the top 10 of the rating.
2018-7-21 21:45 | |
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Israel To Be The Next Potential Market For Bitmain To Expand Its R&D Bitmain is looking to expand its business and now it is targeting Israel. The Chinese cryptocurrency mining which is the market giant will be expanding its working area of research and development in Israel. By focusing on Israel there would be a […]
2018-7-19 12:02 | |
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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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Bitmain, known for its Application Specific Integrated Circuit [ASIC] miners, has recently proposed developing and implementing a protocol for smart contracts on the Bitcoin Cash [BCH] blockchain. The proposals reportedly emerged from Chinese WeChat groups comprising of developers from the company.
2018-7-18 14:24 | |
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For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.
2018-7-18 12:30 | |
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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan.
2018-7-18 01:30 | |
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Economy & Regulation Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon.
2018-7-17 09:36 | |
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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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The revolutionary bitcoin powered sports betting platform, Sportsbet. io has launched its innovative Telegram betting bot to make betting more exciting and easier for users. With this new feature, both existing and new users would be able to place bets via the popular messaging app seamlessly, in a vast array of languages including English, Russian, Chinese, […] The post Sportsbet.
2018-7-14 19:35 | |
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Recently in the Guangdong city of China, a campaign was held by the Guangdong police against the World Bank online gambling crimes. As announced on the Guangdong Provincial Public Security Department website [in Chinese], during the World Cup, an online gambling fraud of $1.
2018-7-14 13:28 | |
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Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.
2018-7-14 01:04 | |
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In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […]
2018-7-13 21:05 | |
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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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There is no doubt that this demise in the Bitcoin trading is due to the continuous crackdown by the Chinese authorities on all cryptocurrency-related activities taking place in the country. China, which at one time grabbed a considerable market share of the cryptocurrency market, has now reduced to now having absolutely no dominance in it.
2018-7-11 17:21 | |
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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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Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed.
2018-7-10 16:14 | |
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The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume.
2018-7-10 16:00 | |
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China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself.
2018-7-10 12:12 | |
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Bitcoin trading in China is under tremendous pressure, as Chinese authorities continue to run the gauntlet into cryptocurrency trading and suspending transactions. The authorities claim the move is aimed at minimising the risks for its people.
2018-7-10 22:54 | |
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Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
2018-7-9 21:20 | |
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The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90
2018-7-9 20:13 | |
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The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world's total. The post Bitcoin Trading in the Chinese Currency Falls to Less than 1 Percent of the World’s Total appeared first on CoinSpeaker.
2018-7-9 16:25 | |
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A report by Chinese state media says that the central bank of China reports a drastic downturn in trading between the RMB and Bitcoin.
2018-7-9 15:48 | |
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Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities
2018-7-9 00:05 | |
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Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms.
2018-7-9 22:15 | |
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Robinhood, Kraken, and Paxos launch the Global Dollar Network with USDG, a compliant stablecoin offering yield incentives for adoption. The post Robinhood and Kraken launch new global stablecoin network with Paxos’s USDG appeared first on Crypto Briefing.
Arthur Hayes labels Solana as a high-beta Bitcoin amid elections, emphasizing its appeal over Ethereum and impact of Fed's policy. The post Arthur Hayes says Solana is a high-beta Bitcoin amid US elections appeared first on Crypto Briefing.
Benjamin Cowen says altcoin season may be delayed until 2025 as Bitcoin dominance continues to hold firm around 60%. The post Altcoin season unlikely before 2025, says crypto analyst Benjamin Cowen appeared first on Crypto Briefing.
Benjamin Cowen says altcoin season may be delayed until 2025 as Bitcoin dominance continues to hold firm around 60%. The post Altcoin Season unlikely before 2025, says crypto analyst Benjamin Cowen appeared first on Crypto Briefing.
Florida CFO Jimmy Patronis reveals state holds $800M in crypto investments and explores adding digital assets to pension funds. The post Florida holds ‘$800 million in crypto-related investments,’ says state CFO appeared first on Crypto Briefing.
Strong net flows into bitcoin exchange-traded funds indicate robust institutional demand as BTC dominance rise further at the expense of ether, one trader noted.
Stablecoin growth may reshape T-bill demand, posing financial stability risks and necessitating robust collateral to prevent market disruptions. The post US Treasury see stablecoins driving ‘structural demand’ for T-bills appeared first on Crypto Briefing.