2024-9-24 07:38 |
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020. origin »
Bitcoin price in Telegram @btc_price_every_hour
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A recent report by the Industrial and Commercial Bank of China (ICBC) likens Ethereum to “digital oil”. ETH is trading comfortably above the $3,500 level on Wednesday. What ICBC report suggests about cryptocurrencies The world’s largest bank also talked of the potential of Bitcoin and its role in the rapidly evolving digital economy in the […]
2024-6-13 14:47 | |
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Sino capital Global, the Chinese based firm, finally breaks silence on it's level of exposure to the embattled FTX.
2022-11-15 16:38 | |
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Bank of England (BoE) Deputy Governor Jon Cunliffe said the digital pound would likely operate as an account-managed instrument at the “trade level,” instead of a direct to retail user currency, Bloomberg News reported, Cunliffe — tasked with overseeing the United Kingdom’s CBDC project — told a panel that policymakers are considering ways to make the […] The post Bank of England’s vision for the digital pound differs from China’s model appeared first on CryptoSlate.
2022-7-8 18:45 | |
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China remains one of the jurisdictions that has recently meted out stringent measures and cryptocurrencies and NFTs. The Chinese authorities leased out a high level of restriction and crackdown on crypto mining in 2021.
2022-3-23 08:48 | |
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Yao Qian predicted that Web3 will reorganize the organizational form and business model of the internet economy and offer a level playing field for all.
2022-3-17 12:34 | |
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During China’s annual “Two Sessions,” the authorities discussed “metaverse” at a national level for the first time, with delegates calling for regulation to ensure data security and the eradication of speculation within the industry.
2022-3-7 18:30 | |
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China’s crackdown on cryptocurrencies has reached a new level of intensity in recent weeks. The People’s Bank of China (PBOC) has previously decided to prohibit financial institutions from dealing in virtual currencies, including Bitcoin and Ethereum.
2021-10-7 08:07 | |
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Texas, which is one of the biggest beneficiaries of the China mining ban, is set to host its largest Blockchain Summit on October 8. It is possibly the largest summit at the state level in the US.
2021-10-4 00:30 | |
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The Ethereum (ETH/USD) price rebounded during the weekend as investors reflected on the new order by China to ban all cryptocurrency transactions. The token rose to $3,120, which was about 18% above the lowest level in September.
2021-9-27 07:15 | |
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Bitcoin bulls keep defending the $40,000 support level amid an onslaught of bearish news from China
2021-9-26 13:20 | |
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This week Bitcoin continues to fall, and is now in danger of breaking the key US$40,000 price level. The fall was triggered by the China Evergrande crisis which has put traders into risk-off mode. Meanwhile, in the U.
2021-9-23 03:00 | |
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The level of trust in crypto has fallen by 35% within just one month in China
2021-9-17 19:09 | |
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The price of Nvidia graphics cards has shot up 18% in China as Ethereum prices bounce back to a near all-time high level. The post Ethereum Spike Causes Surge in Price of Gaming GPUs appeared first on BeInCrypto.
2021-9-7 08:59 | |
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Data compiled by Arcane Research shows the Bitcoin 14-day moving average hash rate now exceeds 100 EH/S – a level last seen in May 2020. From this, the data analysis firm concludes that the China mining exodus is finally complete.
2021-7-28 03:01 | |
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As bitcoin teeters around the $33,500 level, the cryptocurrency could fly higher in the course of this week as the eagerly-awaited mammoth Grayscale Bitcoin Trust (GBTC) unlock draws closer. Why Bitcoin Price Bullish Breakout Is Expected The Bitcoin price struggled to find direction in June after crashing hard in May on the back of China’s […]
2021-7-15 23:16 | |
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Coinspeaker Bitcoin Mining Hashrate Dives to 2020 Level, Following China Crackdown The recent intensive crackdown of the Bitcoin has led to price decline. Bitcoin is currently trading at the $34,200 level.
2021-6-29 08:20 | |
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China has pushed Bitcoin’s hashrate to the lowest level since mid-2019
2021-6-28 08:03 | |
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Coinspeaker Chinese Electric Car Maker Xpeng to Raise $2B, to List on Hong Kong Exchange The increasing level of tension between authorities in China and the United States is forcing the hands of many US-listed Chinese companies to list on the Hong Kong stock exchange as a way of protecting themselves against both governments.
2021-6-25 14:35 | |
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The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months.
2021-6-25 13:41 | |
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China fueling ongoing dip, as MicroStrategy fights to rebuild confidence Bitcoin has been on the receiving end of the unrelenting push by Chinese authorities to get rid of cryptocurrency-related activities.
2021-6-23 12:58 | |
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2021-6-21 19:55 | |
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The latest negative adjustment came after the hash rate dropped, yet again, due to China banning crypto mining operations in Xinjiang, Yunnan, and Qinghai last week. The post Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC first appeared on BitcoinExchangeGuide.
2021-6-16 17:26 | |
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The concept of digital identity is gaining rapid traction across the globe. Four of the world’s five most populous countries – China, India, Indonesia, and Brazil – are in various stages of implementing government digital identity schemes, as are many other governments around the globe.
2020-12-16 21:51 | |
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Another interview, another strike from Ripple CEO on Bitcoin. Brad Garlinghouse clarified that he is a bull on Bitcoin and that he owns it, but at the same time, he said, “We need to acknowledge that when Bitcoin is more than 50 percent of the mining in China that China can control those technologies.
2020-11-21 20:14 | |
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Bitcoin has enjoyed gains of 31% in November while being up more than 67% this quarter, making it the 18th largest asset in the world by market capitalization. After breaking $16k, $17k, and $18k this week, today, we are keeping around the $18,000 level on the back of a $6 billion trading volume.
2020-11-19 22:25 | |
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As of Tuesday, bitcoin hashrate dropped by 25% due to massive landslides in Sichuan province. The landslides caused by heavy downpour caused the Sichaun province to trigger a Level I response, the hiThe post Bitcoin hashrate drops 10-20% due to massive floods in China appeared first on AMBCrypto.
2020-8-18 06:45 | |
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Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside. The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong.
2020-5-29 14:00 | |
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Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat cryptocurrency earlier this week plunged by more than 4.
2020-2-14 15:00 | |
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Coinspeaker China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious CorrectionAccording to experts, the coronavirus, that has already killed a number of people in China, has created a new level of uncertainty for global markets.
2020-1-22 10:37 | |
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Major economies, including the US, China, U. K, have remained on a moderate expansion path this year despite it coming to an end. However, this prolonged growth level might continue in 2020, as well.
2019-12-9 02:34 | |
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Coinspeaker Market Sentiments Weighed on Ethereum: Microsoft News and China’s Crypto InclinationETH/USD is under pressure regardless of recovering from the intraday low. The main barrier is at the level of $150.
2019-12-5 17:10 | |
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The Government of India has announced a framework to support the development and integration of blockchain technology (The National Level Blockchain Framework). Blockchain will be used in several sectors of the Indian economy.
2019-11-29 13:27 | |
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As the price of bitcoin drops back down to $8,300 level for the first time since October 25th, the Chair of the Shenzhen’s HDFH, which stands for the Hande Financial Technology Holdings, has made an announcement at the today’s second China International Import Expo event. What he had to say in his speech is that […]
2019-11-19 01:54 | |
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Bitcoin price slipped today as trade talks between the United States and China took a positive turn. According to reports, China may ease tariffs against US imports suggesting that a limited trade deal is in the works.
2019-11-7 12:36 | |
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The cryptocurrency market has been making some noise recently thanks to some positive new developments. Last week, China’s Xi Jinping stated that the country should focus on the future of blockchain technology, which bumped the coin up from its sideways movement.
2019-11-2 18:34 | |
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Chinese President Xi Jinping’s pro-blockchain comments were credited as the main reason behind the crypto market rally that has defied all expectations since last Friday. However, Xi’s remarks also benefited local tech firms.
2019-10-29 23:42 | |
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Bitcoin, along with many other cryptocurrencies, especially Chinese ones, has exploded over the weekend on China’s intention to explore the potential of blockchain. However, Ripple’s XRP is trading relatively at the same level as last Monday.
2019-10-28 13:30 | |
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Futures on the Dow Jones Industrial Average (DJIA) rose in overnight trading Monday, as China trade optimism caused investors to look beyond a breakdown in U. S. Treasury yields. Dow Futures Rally; S&P 500, Nasdaq Follow The three main U.
2019-9-30 05:34 | |
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On Thursday, Bitcoin bears continued to ravage the cryptocurrency market. According to CoinMarketCap, the leading cryptocurrency has incurred another 4% loss of the past 24 hours, falling to under $8,000 for the first time in months.
2019-9-27 15:00 | |
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Bitcoin gained momentum to continue a recent winning streak as the Chinese Yuan dropped to its weakest level in more than a decade. The benchmark cryptoasset accelerated its early morning advance with a 1.
2019-9-3 11:44 | |
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The Dow Jones soared toward a major resistance level on Thursday, even after weak pending home sales data threatened to dent the buoyant mood. While investors cheered China’s measured rhetoric on the trade war, US economic fundamentals continue to suffer from uncertainty, keeping the Dow locked in a stifling long-term sideways range.
2019-8-30 19:25 | |
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By CCN Markets: The bitcoin price has dropped by more than 16 percent within three days, slipping below $10,000, a level that has been regarded as a key psychological level by many investors. While some analysts have suggested that the sell-off of bitcoin from the operators of a scam in China may have fueled the […] The post Bitcoin Price Plunges to $9,610 in Violent 16% Pullback: What Caused the Collapse? appeared first on CCN Markets
2019-8-15 09:29 | |
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The trade war between the world’s two biggest economies continues to intensify while China’s yuan remains above the important physiological level 7 at 7.6 against the US dollar on Friday. With central banks around the world making rate cuts and a threat of currency crisis looming, Bitcoin is fast becoming a safe haven asset. According […]
2019-8-9 15:48 | |
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Last weekend, Bitcoin resurfaced from the $9,000 and $10,000 zone it was priced at for almost two weeks to trade at the $11,000 price level. While the latest surge in price has been primarily attributed to the U.
2019-8-8 11:03 | |
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The collapse of the renminbi to a record level since the financial crisis of 7 yuan per dollar was “caused by market factors,” the Chinese side said. Prior to this, Trump accused China of currency manipulation in order to help Chinese exporters.
2019-8-7 14:45 | |
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After the Dow shed almost 1,000 points on Monday, stock market futures point to a slight recovery on Wall Street this morning. Tuesday’s bounce, however, is tainted by the Treasury’s recession indicator which plunged to a level not seen since before the 2008 financial crisis.
2019-8-7 15:26 | |
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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.
2019-8-6 03:00 | |
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The Dow and broader U. S. stock market hastened their declines Monday, with intraday volatility reaching its highest level in nearly eight years after the People's Bank of China effectively weaponized its exchange rate.
2019-8-6 22:03 | |
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Bitcoin rose above the $11,800 level on Monday as People’s Bank of China (PBoC) pushed the Chinese Yuan to its decade low. At around 0740 UTC, the BTC/USD instrument established a local high of $11,860, up 6.
2019-8-5 15:00 | |
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The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong.
The People’s Bank of China highlights Hong Kong’s active crypto licensing, as well as the prominence of cryptocurrency as an emerging trend in several countries in its recent Financial Stability report.
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
Huang Yiping has expressed concerns about China missing out on financial development opportunities following the nation's ban on cryptocurrencies.
According Xie Ping, to a former official of the People's Bank of China (PBoC), the Digital Yuan is underused by the Chinese.