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China could hurt Apple profits by 29% if it avenged the Huawei ban, says analyst
Trump’s Huawei ban was bad news for China, as it effectively crippled the world’s second-largest smartphone maker from its largest source of income. But China is also very much in a position to retaliate, and Apple – the world’s third-largest smartphone maker – could be among the ones to suffer. дальше »
2019-5-24 02:43 | |
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Dow in Freefall as Terrifying 15-Year US-China Trade War Looms Large
By CCN: Dow Jones futures point to a calamitous open for the US stock market on Thursday. Reports out of China suggest that hopes of a trade deal are further away than anyone could have imagined: a terrifying 15 years. дальше »
2019-5-23 14:10 | |
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What Trade War? Tom Lee Says the S&P 500 Could Return 23% This Year
By CCN: The stock market still has more runway for gains despite the trade war. Fundstrat Co-Founder Thomas Lee is doubling down on his year-end target of 3,100 for the S&P 500, which reflects gains of 9% from where the index hovers today. дальше »
2019-5-21 20:38 | |
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Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment
By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point. дальше »
2019-5-21 20:44 | |
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The Big Slump: Full-Blown U.S.-China Trade War Will Pulverize the Dow
By CCN: The U. S. and China are preparing for a full-blown trade war that could potentially last until 2020. Consequently, the Dow Jones and wider stock markets in both the U. S. and China could face significant downward pressure in the near-term. дальше »
2019-5-21 19:00 | |
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Dow Shoots Higher, But Trump’s ‘Nuclear Option’ Could ‘Derail’ Trade Deal
By CCN: The Dow exploded toward substantial gains on Thursday, ignoring analyst warnings that President Trump’s latest assault on China threatens to “derail” the trade deal and leave the two economic goliaths locked in an endless trade war. дальше »
2019-5-17 16:45 | |
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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 | |
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Dow Frantically Searches for Silver Lining After China Shocks White House
By CCN: The Dow and broader U. S. stock market frantically searched for a silver lining Thursday after China threatened harsh retaliation in response to a sizable tariff increase by the White House that could be implemented in the next 24 hours. дальше »
2019-5-10 23:02 | |
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These 9 Dow Stocks Will Crash if Trump’s Trade Deal Bombs: Goldman Sachs
By CCN: Donald Trump’s trade war with China is on a knife-edge as Chinese Vice Premier Liu He flies to Washington today. The two-day talks were expected to lead to a final deal, but we might get an all-out trade war instead as Trump claims China “broke the deal. дальше »
2019-5-9 15:50 | |
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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. дальше »
2019-5-9 22:54 | |
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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar
China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals. дальше »
2019-5-8 20:34 | |
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Sequoia Capital China to Layoff 20 Percent of its Workforce
Sequoia China, the Chinese arm of Sequoia Capital, could possibly layoff as much as 20 percent of its investment professionals due to an industry slowdown leading to investors’ low appetite for risk, reports Reuters on May 6, 2019. дальше »
2019-5-8 19:36 | |
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Could Government Authorities in China Utilize Blockchain to Secretly Monitor Its Citizens?
It is no secret that the Chinese government is not very friendly with the concept of Western concepts of freedom. In fact, it is no secret that China is a very centralized state as well and that it often tries to find new ways to have some control over its citizens. A third aspect which […] дальше »
2019-5-8 03:45 | |
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Jamie Dimon Defends Trump’s Tariff War as Stock Market Bleeds
By CCN: Jamie Dimon has been in the news with a number of surprising opinions lately, but his latest interview could perhaps be the most maverick. Speaking to Poppy Harlow on CCN Business, the JPMorgan CEO revealed that – contrary to the stock market’s horrified consensus over Donald Trump’s aggressive posturing on trade tariffs with China – the president’s policy is actually working. дальше »
2019-5-8 00:29 | |
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Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P
By CCN: Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U. дальше »
2019-5-8 00:10 | |
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WeChat Bans Bitcoin, Binance CEO Explains Why It’s Bullish for Crypto
By CCN: Always the optimist, Binance CEO Changpeng “CZ” Zhao sees a silver lining in the wake of WeChat’s recent ban on crypto trading activities. According to a tweet today by Dovey Wan, founding partner of Primitive Ventures, the Chinese social media company released an updated payment policy which states that it will terminate merchant accounts that participate in cryptocurrency transactions. дальше »
2019-5-8 22:45 | |
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Chinese Authorities Probably Want to Exploit Blockchain to Secretly Monitor Citizens
By CCN. com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go. дальше »
2019-5-7 15:53 | |
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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 | |
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Dow Flash Crash Will Intensify Unless Beijing Cuts the B.S.
By CCN: The Dow and broader U. S. stock market’s sudden reversal on Monday could intensify if China continues to backtrack on a new trade deal. As President Trump’s Twitter tirade revealed on Sunday, the White House won’t shy away from using tariffs to strangle China’s export industry. дальше »
2019-5-7 21:51 | |
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China’s Huawei Quashes Analyst’s Bullish Apple Stock Price Prediction
By CCN: Wall Street is showering love on Apple’s stock. The iPhone maker recently hit a $1 trillion valuation. Analysts and investors are willing to overlook the problems with the company’s second-quarter earnings report, including Gene Munster. дальше »
2019-5-2 00:26 | |
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Quantum breakthrough could lead to ‘super-powered’ hard disk drives
While the world’s focused on the latest Avenger’s flick, an international team of scientists have potentially unlocked the super powers of another familiar Marvel character: Magneto. Researchers from the Argonne National Laboratory, Oakland University in Michigan, and Fudan University in China have discovered a quantum-level exploit that has the potential to give engineers greater control over the magnetic properties of certain metals. дальше »
2019-4-27 23:49 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Mario Kart Tour could be Nintendo’s biggest smartphone win
Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be. дальше »
2019-4-25 20:11 | |
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Bibox launches set of projects – why?
China Exchange Bibox follows IEO’s launchpads with three projects at once. Although it could as Binance build up success gradually, launching the project for the project. Mistake or new winning tactic? Is Jeffrey Lei less smart than Changpeng Zhao? In fact, smart people do not learn from their mistakes, but from others. On the experience […] дальше »
2019-4-23 17:42 | |
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Defunct Exchange Gatecoin Highlights the Need for Regulations for Legal Ownership of Crypto Assets
The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. дальше »
2019-4-23 23:00 | |
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Exclusive: China’s Bitcoin mining ban inconclusive of country’s position and market dynamics, says eToro’s Greenspan
In less than a month, one of the most significant decisions impacting the price of Bitcoin will be revealed when China’s mining ban proposal returns after public consultation. With the source of a majority of Bitcoin’s hashpower being nipped in the bud, many analysts predict this could have grave implications on the larger market. дальше »
2019-4-22 16:30 | |
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Blockchain Expert Says China’s National Currency Could Become a Cryptocurrency
In an interview with Bloomberg on April 17, 2019, Donald Tapscott, executive chairman of the Blockchain Research Institute, said that China’s official currency, the renminbi (RMB) will soon become a cryptocurrency. дальше »
2019-4-22 15:00 | |
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Exclusive: Russia, Canada could emerge as China’s successors following Bitcoin mining ban: eToro’s Greenspan
The Chinese Bitcoin [BTC] mining ban proposed by the country’s macroeconomic planning agency riffled the market with FUD, leading many to speculate which country could pick up the mining mantle. With many looking east for the new mining havens, eToro’s senior market Mati Greenspan negated. дальше »
2019-4-21 14:30 | |
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Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor
Belarus has emerged as a contender to take the cryptocurrency mining mantle for China, following the latter’s proposed ban that looks to outlaw the domestic mining industry. Aleksandr Lukashenko, the President of the eastern European country, voiced his support for the decentralized currency industry in what will be a new chapter for the country. дальше »
2019-4-20 12:30 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
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. дальше »
2019-4-11 23:38 | |
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Newsflash: Bitcoin Price Spikes Within Inches of $5,500 Despite China FUD
The bitcoin price bounded to a new 2019 high on Wednesday, sneaking within inches of the $5,500 mark midway through the afternoon US trading session. Bitcoin Price Flirts with $5,500 The flagship cryptocurrency held above $5,200 throughout the morning, but it began to climb heading into the afternoon. дальше »
2019-4-11 22:32 | |
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China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban
The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources. дальше »
2019-4-10 09:04 | |
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Could A Mining Ban Raise Bitcoin Prices?
New policy proposals from the Chinese National Development and Reform Commission (NDRC) have put Bitcoin squarely in its crosshairs. The announcement sets the largest cryptocurrency on China’s regulatory watch list, with plans to either restrict or eliminate its mining altogether. дальше »
2019-4-10 02:26 | |
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How a Bitcoin mining ban in China could impact BTC’s price and security
China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC. дальше »
2019-4-9 16:19 | |
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China Bitcoin Mining Ban Could Take Years to Implement
The reports of China looking to ban Bitcoin mining could take many years to implement. However, the proposed plan is further proof of Beijing’s anti-cryptocurrency stance as the country appears to eliminate all forms of crypto-related activities. дальше »
2019-4-9 14:20 | |
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China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead
A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect. дальше »
2019-4-9 12:50 | |
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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year
With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months. дальше »
2019-4-9 20:21 | |
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Dow Jones: ‘New Progress’ in Trade Deal Primes DJIA for Strong Open
Over the weekend, negotiators of the U. S. and China have reportedly made “new progress” in their recent round of discussions, touching specifically on the protection of intellectual property. Enthusiasm over this development could propel the Dow Jones toward a new all-time high following Monday’s market open. дальше »
2019-4-8 02:30 | |
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XRP Community Wonders If China’s $150 Billion Payment Firm AliPay Could Partner With Ripple?
Could Ripple And AliPay Start A Strategic Alliance? According to some reports, it might be possible to see an alliance between Ripple and AliPay, one of the largest payment financial companies in China. дальше »
2019-4-6 22:49 | |
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Bitcoin at $5,000: What Has Changed Since 2017
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. дальше »
2019-4-4 18:42 | |
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Exposed: Xi Jinping’s Socialist Agenda to ‘Vanquish Capitalism’ Lurking in Trump’s Trade Deal
A 2013 speech from Chinese president Xi Jinping has emerged in which he declared that “socialism will inevitably vanquish capitalism. ” As China and the US hammer out an excruciating trade deal, it’s a reminder of the socialist agenda at the heart of China’s politics. дальше »
2019-4-2 13:28 | |
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After Ripple, China’s CIPS Now Competes With SWIFT…Departure From US Dollar?
Russian banks have adopted the Chinese CIPS payment system, and the competition from this cross-border platform and Ripple against SWIFT could ultimately lead to the US Dollars being deposed as the leading currency in the world. дальше »
2019-4-2 11:30 | |
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