Bitcoin gets leg-up from Chinese liquidity: Here’s why this is important

Bitcoin’s latest upside received a confidence boost from the East. Sell pressure remains at bay despite Bitcoin dipping into overbought territory.  A few weeks ago we looked into China’The post Bitcoin gets leg-up from Chinese liquidity: Here’s why this is important appeared first on AMBCrypto.

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Chinese companies selling synthetic opioid chemicals raked in $27M in crypto payments

Blockchain analysis firm Elliptic said May 23 that several Chinese companies selling precursors to the synthetic opioid fentanyl have received millions in cryptocurrency. Elliptic reported that its researchers interacted with over 90 companies in China that offered to sell fentanyl precursors.

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Bitmain’s Antminer HS3 sells out in 27 seconds

Bitmain, a crypto chipset manufacturer, announced that it sold out its latest Antminer (HS3) in 27 seconds after release. Bitmain’s Antminer mining chips sell out Chinese private enterprise Bitmain has reportedly sold out its latest wardrobe, Antminer. The so-called Antminer…

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Chinese Crypto Tycoon Wants $3 Billion for Huobi Stake Deal

Leon Li, the co-founder of global crypto exchange Huobi is wrapping up plans to sell most of his shares in the company valued at $3 billion Bloomberg reports. The post Chinese Crypto Tycoon Wants $3 Billion for Huobi Stake Deal appeared first on BeInCrypto.

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Chinese Companies Now Require ID Verification to Trade NFTs

Major Chinese companies including JD. com, Baidu, Ant Group, and Tencent will now require ID verification in order to purchase and sell NFTs, according to a report published in the South China Morning Post.

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Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

An anonymous hacker has offered to sell the stolen personal data of over 1 billion Chinese citizens for 10 Bitcoin (BTC), roughly $200,000. The post Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data appeared first on CryptoSlate.

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Huobi founder looking to sell shares amid company downsizing

Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning Chinese users.

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Record-Breaking 10,000 BTC Sell Order Filled on OKEx

Major order appeared on Chinese cryptocurrency exchange, but traders have not noticed it

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With Alibaba’s NFT Push, More Investors Will Be Exploring Ways to Leverage Their NFTs

Chinese e-commerce behemoth Alibaba has surprised the crypto world by launching a non-fungible token marketplace. According to the South China Morning Post, Alibaba’s NFT marketplace not only allows users to buy and sell NFTs, but also license intellectual property (IP) copyrighted by blockchain technology.

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Ark Invest Sells Chinese Stocks, Buys Bitcoin

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Chinese state-run TV network draws attention to DeFi scams on Uniswap

CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap.

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Microsoft-Led Consortium Invests $1.3B in Largest Decentralized Storage Facility in China to Mine Filecoin (FIL)

Chinese tech consortium IPFS Union is investing over $1. 3 billion to build China’s largest decentralized storage in Jiangxi Province of Fuzhou City. As part of its “Big Data Industrial Park” project, the facility will mine Filecoin (FIL), a peer-to-peer data storage platform, allowing users to buy and sell storage without a third party, a blog […] The post Microsoft-Led Consortium Invests .

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Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

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China Stock Sell Off Wipes Billions, Is it Going to Bitcoin?

Chinese stocks have seen much red this week with Alibaba losing some 756 billion Hong Kong dollars ($97 billion) while rival JD.com lost 201 billion Hong Kong dollars ($26 billion)....

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Chinese authorities hope to sell excess electricity to miners

Chinese province of Sichuan, popular among mining enterprises due to cheap hydropower, hopes to boost sales of electricity to miners ahead of the rainy season.

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Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing

Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U. S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.

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5% Bitcoin Drop Is ‘Nothing Special’ During Chinese New Year, BitMEX CEO Says Time To ‘Nosedive’

Bitcoin price has lost 5% of its value since yesterday's high of $8,780. Today, we went down to $8,340 level on Bitstamp. someone on @Bitstamp got excited 300 $BTC sell wicked to $8340 pic. twitter.

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Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?

Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto.

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Terrifying Chinese Deepfake ZAO is the Coolest App You'll Sell Your Privacy To

Zao is the app of the moment, ranking atop Chinese app sales charts in less than a week. The Zao uses Deepfake technology to allow people to plaster their own faces on top of any character they want after a scan that takes just a few seconds.

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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.

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Trump says Huawei can resume trade with US companies

After a month-long ban, US president Donald Trump said today that he’ll allow companies to sell equipment to Huawei. He met the Chinese president Xi Jinping at the G20 summit being held in Osaka, Japan.

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Trump says Huawei can buy equipment from US companies

After a month-long ban, US president Donald Trump said today that he’ll allow companies to sell equipment to Huawei. He met the Chinese president Xi Jinping at the G20 summit being held in Osaka, Japan.

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Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600

By CCN. com: In the last 24 hours, following a strong week, the bitcoin price slipped by around $157, dropping by nearly two percent against the U. S. dollar amidst an insense stocks sell-off. The Dow Jones is set to open with a 500-point drop after U.

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Delphi Digital's Latest Report Says Bitcoin’s Market Cycle Is Right on Track

Delphi Digital has returned with another installment of its unspent transaction output (UTXO) reports. Recalling its report from January of this year, the research firm says bitcoin’s market cycle is right on track.

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As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

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.

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Bitmain’s IPO Filing Has Expired

Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.

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In the Daily: Crypto Data Feed, BSV Sale, Bitmain Office Closed

Intercontinental Exchange has added new coins to its cryptocurrency data feed and we’ve got the details in this installment of The Daily. This edition also features Coincheck’s announcement that it plans to sell its BSV holdings and reimburse users with Japanese fiat currency.

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Hong Kong Stock Exchange Unsure on Passing Bitmain IPO

Earlier this year, Chinese mining hardware manufacturers Ebang, Bitmain, Canaan Creative applied to sell shares on the Hong Kong Stock Exchange (HKEX). However, according to an anonymous source via CoinDesk, HKEX seems unsure of whether they should approve the Bitmain initial public offering (IPO): “The exchange is very hesitant to actually approve these bitcoin mining… The post Hong Kong Stock Exchange Unsure on Passing Bitmain IPO appeared first on UNHASHED.

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Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk

It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices.

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“I am wondering when I can deposit my BSV token into exchange to sell.” Jihan Wu fires at Craig Wright’s Bitcoin Satoshi Vision

Jihan Wu, the co-founder of Chinese mining giant Bitmain, has publicly declared that he cannot wait to trade his Bitcoin Satoshi Vision token (BSV). After a row with BSV’s top proponent Craig Wright, Wu has established that he is more than willing to ditch the BSV token once exchanges begin to accept and process trading.

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Encrybit ICO

- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders.

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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft

Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance.

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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today

Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.

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Alibaba’s Jack Ma opens a startup hub in Kigali to support Afrikan innovation

A new hub has been opened in Kigali, Rwanda which aims to assist the country’s small and medium-sized enterprises, as well as startups, to market and sell to Chinese consumers among many of its benefits.

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Chinese Stocks in a Sell Off While Cryptos Turn Stable

Chinese stocks are down some 4% today following weak manufacturing data and lack of confidence amid a trade-war between two of the world’s biggest economies. “New export orders in the.

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Hackers sell data of 130 million Chinese hotel guests on the dark web for 8 Bitcoin

It seems that China’s crackdown on cryptocurrencies doesn’t extend to the infamous dark web. A hacker is selling the personal data of over 130 million individuals for 8 BTC ($56,776 at press time) on a Chinese dark web forum, technology publication Bleeping Computer reports.

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Charlie Lee Relates Bitcoin To Gold, Litecoin To Silver And Ripple To Diamonds

Charlie Lee, the founder of LTC, has compared BTC and XRP to it recently in an interview for the Chinese media. During the interview, he also spoke about why he decided to sell his Litecoins. The interview was made during the Asian Blockchain Summit 2018, which was held in Taiwan recently. Selling Litecoins Was A […]

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Charlie Lee: BTC is “Gold”, LTC is “Silver” and XRP are “Diamonds”

In an interview for the Chinese website Jinse. com, Charlie Lee, founder of Litecoin spoke about his vision regarding cryptocurrency, the comparison between BTC, LTC, and XRP, as well as the reasons why he decided to sell his Litecoins.

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Bitcoin is being used by Chinese crypto millionaires to buy Real estate abroad! What a shocker!

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.

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Broken Tooth’ Wan Kuok-koi’s HB Token ICO Raises $750+ Million In 5 Minutes

Wan Kuok-koi, also known as Broken Tooth, teamed up with a Chinese firm so as to fund poker and chess tournaments. The former gangster continued to sell his HB token in Thailand and the Philippines.

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BTCC Looks to Sell 49% of Bitcoin Mining Pool

In a non-binding agreement, BTCC Pool Limited — the mining operation of former Chinese exchange BTCChina — agreed to sell a 49% stake of its Bitcoin mining pool. With 4. 55% of all Bitcoin blocks in the last year, BTCC’s operation is effectively the 7th most successful BTC mining pool in the world.

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Stocks Fall, Cryptos Jump as Chinese Ministry Says Trade War Has Begun

Chinese stocks plunged 5% at one point today before closing down 3.8% in a broad sell off with 1,000 Chinese stocks falling below 10% after a surprise overnight announcement by... The post Stocks Fall, Cryptos Jump as Chinese Ministry Says Trade War Has Begun appeared first on Trustnodes.

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

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