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Bitcoin Extend Gains as US-China Tariffs Take its Toll
Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods. The benchmark cryptocurrency added 0. 20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5. дальше »
2019-9-2 16:00 | |
Could U.S. Tariffs Be Behind Bitcoin’s Rally Towards $11,000?
Bitcoin has been able to extend the upwards momentum it has incurred over the past several days and is now nearing the key resistance level of $11,000, which was the price at which BTC faced a swift rejection that sent the crypto reeling down to lows of $9,100. дальше »
2019-8-4 22:30 | |
Bitcoin Nears $11,000 as Yuan Fall on China Tariffs
Bitcoin has risen by about $1,000 in the past three days to now stand at $10,800 once again. The rise of about 10% looks like a reversal, with bitcoin perhaps... The post Bitcoin Nears $11,000 as Yuan Fall on China Tariffs appeared first on Trustnodes. дальше »
2019-8-4 17:41 | |
U.S President Donald Trump Announces Additional Tariffs, Adds Fuel To Bitcoin Rally
Bitcoin has in the last 24 hours rallied, climbing from around $10,000 to hit $10,500 as we reported. One of the speculative reasons that triggered the rally was the announcement of additional tariffs by U. дальше »
2019-8-3 22:46 | |
Donald Trump’s Tariffs on China may be Boosting Bitcoin’s Value
U. S. President Donald Trump announced on Thursday that almost all goods imported from China will be subject to an additional 10 percent tariff. This escalates further the trade war between Washington and Beijing, threating the global economic outlook. дальше »
2019-8-3 21:00 | |
Bitcoin Bulls Fodder: Trump Says The US Will Impose Tariff On Another $300B Chinese Goods, Starting Sep 1st
President Donald Trump took to Twitter on Thursday to announce that the US will be imposing 10% tariffs on another $300 billion worth of Chinese goods, effective September 1. The surprise tariff announcement came after the US and China restarted the trade talks in Shanghai this week. This has been the first in-person trade talks […] дальше »
2019-8-3 19:31 | |
Bitcoin Gains as Trump Threatens $300B Tariffs on Chinese Goods
The bitcoin price soared higher on Friday after US President Donald Trump announced another $300 billion tariffs on Chinese goods. The world’s largest cryptocurrency touched the $10,527-high ahead of the European market open, posting up to 2. дальше »
2019-8-2 15:00 | |
Iran to set Electricity Tariffs for Bitcoin Mining
Iran’s Economic Commission has agreed to set electricity tariffs for bitcoin mining activities based on the prices used for electricity exports. The new tariff scheme is expected to come into effect as soon as it gets approved by the Iranian Cabinet, according to a Financial Tribune report, July 21, 2019. дальше »
2019-7-23 19:00 | |
Bitcoin Mining Hotspot Iran Drafts Electricity Tariffs for Crypto Miners
The government of Iran has opted to introduce specific electricity prices for cryptocurrency mining. The west Asian country, which has had a complicated relationship with cryptocurrency in the past, plans to set prices around the same tariffs that are used for exporting electricity. дальше »
2019-7-22 15:32 | |
Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project
It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution. дальше »
2019-7-11 02:30 | |
US and China are Becoming Friends Again as Trade War Talks Continue and Bitcoin is OK with That
The United States and China have been embroiled in an economic tussle for a while now. The two countries had individually announced a significant increase in tariffs on goods from each other and this disagreement has had effects on the economies of both countries. дальше »
2019-6-30 19:44 | |
Thawing US-China Trade War Tensions Not ‘Hurting Bitcoin’
President Donald Trump stunned the world Saturday with the announcement of a ceasefire in the U. S. China trade war. After a high stakes face-to-face meeting with Chinese President Xi Jinping, Trump told reporters that he would be holding off on the threat of more tariffs on $300 billion in Chinese imports. дальше »
2019-6-30 00:00 | |
Plenty Reasons to be Bearish on Equities, Would be Bullish for Bitcoin: Fundstrat’s Tom Lee
The trade war is at the top of these reasons that is showing no signs of slowing down any time soon. The US and China are already seeing the effect of this ongoing war and now India has also joined the trade war with the US by imposing retaliatory tariffs on 29 US products. As […] дальше »
2019-6-16 00:22 | |
Bitcoin Price Trending Higher as World’s Economic Order Derails
On the day the US President Donald Trump announced tariffs on more than $300 billion worth of Chinese goods, he unknowingly woke up a bullish trend in a completely unrelated market. Bitcoin, the world’s leading cryptocurrency, climbed more than 58 percent to hit $9,090 in May 2019, a month which parallelly saw US market’s benchmark. дальше »
2019-6-14 20:53 | |
Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker
Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U. дальше »
2019-5-29 16:42 | |
Is The US-China Trade War Worsening The Nudge Bitcoin Needs To Get Above $10K?
Last week when Bitcoin hit its year high of $8,300, this coincided with an announcement by the U. S president, Donald Trump, imposing new tariffs on $200 billion of Chinese goods from 10% to 25%. The announcement has since seen China respond by increasing tariffs of U. дальше »
2019-5-22 14:23 | |
Chinese Entering Bitcoin As Safe Haven, Driving Recent BTC Price Surge: Forbes
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. дальше »
2019-5-16 09:10 | |
Bitcoin Awaits Big Bull Run as China Hits U.S. Back with New Tariffs
The bitcoin price surged 10 percent in the 24 hours and the sentiments are switching back to the buying side as tensions in the global markets escalate. The Chinese Finance Ministry announced Monday that it plans to raise tariffs on $60 billion worth of US imports. дальше »
2019-5-14 15:04 | |
Stocks Plunge, Bitcoin Up as US-China Trade War Escalates
Stocks are sinking and bitcoin is moving higher as the US-China trade war appears to be escalating. Stocks Slide as Trade War Bites On Friday, President Trump’s administration raised tariffs on $200 billion worth of annual Chinese imports from 10 to 25 percent. дальше »
2019-5-13 19:00 | |
Bitcoin Price Rages Near $7,500 – Triggered by the US-China Trade War?
By CCN: U. S. President Donald Trump announced a trade war with China Friday, hiking tariffs on $200 billion worth of Chinese exports from 10% to 25%. On the same day, the bitcoin price extended its uptrend after jumping above $6,000. дальше »
2019-5-13 17:30 | |
Gold Hits 3-Week High as US-China Trade War Makes Investors Nervous, Will Bitcoin Follow?
After US President Donald Trump’s threat to impose new tariffs on Chinese exports, global stock markets took a fall. On Wednesday, Dow Jones ended down 1. 8%, S&P 500 fell for the fourth session, closing 1. дальше »
2019-5-8 18:47 | |
Could Bitcoin and Cryptocurrencies Be Affected By The Recent Stock Plunge?
Bitcoin (BTC) and other cryptocurrencies were affected a few hours ago when the U. S. President Donald J. Trump posted a tweet in which he said that they were increasing tariffs to China from 10% to 25%. дальше »
2019-5-7 03:34 | |
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. дальше »
2019-5-6 17:24 | |
Stocks Plunge Could Spell Trouble For Bitcoin in Near-Term, Risking Recent Momentum
In a cruel twist of fate, it seems that tweets affect not only crypto assets, such as Bitcoin (BTC), but traditional markets too. On Sunday, U. S. president Donald Trump revealed that he intends to increase tariffs on Chinese-made goods from 10% to 25% by Friday. дальше »
2019-5-6 16:37 | |
BTC Holds Above $5,000, Traditional Markets See Mixed Signals
While the U.S. markets are affected by Trump’s threat to impose $11 billion in tariffs on EU goods, Bitcoin is holding above the $5,200 resistance line
дальше »2019-4-9 16:00 | |
Norway Ends Power Subsidies for Cryptocurrency Miners
Norwegian news outlet Aftenposten reported recently that the government wants cryptocurrency miners to have standard power tariffs instead of their previously subsidized rates. The revised power rates will be effective from the New Year, raising the power liability of the miners significantly and affecting their profitability. дальше »
2018-11-24 14:59 | |
Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?
There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto. дальше »
2018-11-21 23:26 | |
China’s Bitcoin Mining Dominance Imperils US Companies and the Government Is Worried
China’s bitcoin mining dominance worries the US government, says Ripple exec. Here's how the government is using trade tariffs to help domestic competition. The post China’s Bitcoin Mining Dominance Imperils US Companies and the Government Is Worried appeared first on CoinCentral. дальше »
2018-10-30 17:43 | |
Chinese-Based ASIC Chip Maker Bitmain Bracing for Tough Times Ahead as China–US Trade War Tensions Rise
The South China Morning Post reported on Oct. 16 that Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, is bracing for tough times as new US tariffs targeting Chinese goods has been in effect since Aug. дальше »
2018-10-19 20:19 | |
US Marshals Service Announces Auction of 660 BTC
The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. дальше »
2018-10-19 14:30 | |
Trump Tariffs to Impact Chinese Mining Hardware Manufacturers
The escalating U. S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. дальше »
2018-10-19 07:32 | |
Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs
Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical machinery apparatus. дальше »
2018-10-19 05:00 | |
With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
Improvement In Revenue Has No Positive Effect On Bitcoin Mining Profitability
Bitcoin has had an interesting year. Every company has been hit with the effects of the bear market, but Bitcoin has still managed to increase their revenue lately. Unfortunately, Bitcoin mining hasn’t had the same success, which could be due to a few different reasons. дальше »
2018-10-9 08:11 | |
Bitcoin Mining Profitability Declines Despite Increase in Revenue
Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines. дальше »
2018-10-9 00:52 | |
Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected
President Trump’s latest tariffs on Chinese goods could lead to an increase of graphics cards from both AMD and NVIDIA in the following months, reported CNBC on September 27, 2018. In a competitive mining scene where profit margins are slim, even the slightest increase in costs could mean the difference from being in the black and being in the red. дальше »
2018-9-30 18:00 | |
Reddit Co-Founder Bullish Despite Bitcoin Volatility
Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance. дальше »
2018-8-27 18:22 | |
The Backlash vs. Bitcoin Energy Consumers Has Started
“But when out of towners noticed cheap rates just as bitcoin prices began to spike they flocked here. In May and June, the Department agreed – allowing Plattsburgh and neighbouring counties to impose extremely high-density load tariffs on bitcoin cryptocurrency miners. дальше »
2018-8-3 23:31 | |
Bitcoin Energy: A Fight Against Guzzlers Started
“But when out of towners noticed cheap rates just as bitcoin prices began to spike they flocked here. In May and June, the Department agreed – allowing Plattsburgh and neighbouring counties to impose extremely high-density load tariffs on bitcoin cryptocurrency miners. дальше »
2018-7-31 22:06 | |