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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
Cryptocurrencies may see a boost between China and the U. S. , as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. дальше »
2021-1-7 03:30 | |
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Here's what Bitcoin's recent hashrate drop may imply for miners
Bitcoin has seen its hash rate decline over 43.47 % within a span of 3 days, due to Chinese mining farms closing down for the dry season. The reason being, they cannot generate enough hydropower withoThe post Here's what Bitcoin's recent hashrate drop may imply for miners appeared first on AMBCrypto. дальше »
2020-10-30 22:00 | |
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A Strengthening Renminbi Casts Further Bullish Spells on Bitcoin
A robust exchange rate policy by the Chinese leaders has prompted the renminbi to log its best quarter in 12 years. And it may help Bitcoin surge as well. The onshore renminbi added approx 4 percent in the three months ending September 30, its best since 2008. дальше »
2020-10-2 08:31 | |
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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. дальше »
2020-9-13 05:30 | |
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The Digital Yuan May Launch With a Traceable Hardware Wallet
In an interesting twist–and perhaps another chess move by the Chinese central bank– is the revelation that the digital yuan may not only be stored using a “hot” wallet but a traceable hardware wallet activated by users submitting personal details as per a CoinDesk report on Sep 1. дальше »
2020-9-2 14:00 | |
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Chinese Bitcoin Mining Farms Hit Hard by Floods, Hash Rate Crashes Across Mining Pools
The hash rate of the largest network had a rocky start to 2020, seeing a huge drop following the March price crash and then due to May 11th halving. But now it has fully recovered and even eclipsed the previous levels. дальше »
2020-8-19 22:07 | |
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Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. дальше »
2020-8-15 19:30 | |
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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto
The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »
2020-8-8 06:00 | |
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Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’
Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »
2020-8-6 15:25 | |
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NIO Stock Price Increases 2% Today as Nio Company Shows Rise in Deliveries
Coinspeaker NIO Stock Price Increases 2% Today as Nio Company Shows Rise in DeliveriesNio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk's Tesla. дальше »
2020-8-4 17:10 | |
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Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors. дальше »
2020-8-1 22:15 | |
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How Chinese crypto investors may help fuel the DeFi sector’s rise
The decentralized finance sector has been grabbing the attention of crypto investors throughout the past couple of months, as virtually every associated token has been posting massive gains. The post How Chinese crypto investors may help fuel the DeFi sector’s rise appeared first on CryptoSlate. дальше »
2020-7-21 20:00 | |
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Blockchain Bites: It’s Never Been Harder to Mine Bitcoin
Bitcoin's mining difficulty is at a record high, Singapore's CBDC may find commercial use and Chinese companies are going in on Filecoin. дальше »
2020-7-18 19:35 | |
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Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. India has already banned Tiktok in its country, along with 58 other mobile apps. дальше »
2020-7-8 19:01 | |
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Bitcoin in the crossfire, as US-China tension heat up
With tensions mounting between the American eagle and the Chinese dragon, geo-political unrest may move the needle for Bitcoin. It feels like we've been here before doesn't it? The age-old claim of thThe post Bitcoin in the crossfire, as US-China tension heat up appeared first on AMBCrypto. дальше »
2020-6-12 17:00 | |
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China’s First Civil Code Allows Citizens to Inherit Cryptocurrency
The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »
2020-5-29 15:14 | |
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Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade
Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. дальше »
2020-5-29 13:00 | |
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Bitcoin Miner Manufacturer Canaan Stocks Crashing after 180-Day Lock-Up Period Expires
In the past two weeks, the price of Canaan (CAN) stocks have plunged 50%, from 5.97 on May 14th to $3. Yesterday, prices even fell below $3 briefly. The Chinese bitcoin mining firm is yet again having a rough time but unlike the 65% decline in March which was the result of massive sell-off in […] дальше »
2020-5-29 19:11 | |
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VeChain (VET) Partners Bayer China to Improve Management of Clinical Trial Drugs
On May 28, 2020, Bayer China, a leading company in the Chinese pharmaceutical scene, revealed plans of co-developing a Clinical Trial Traceability Platform based on the VeChain blockchain called cSecure. дальше »
2020-5-29 19:00 | |
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Bitcoin Rally Driven By Eager Chinese Buyers, Key Data Shows
New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China. But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon? Indicator Shows Chinese Buyers Are Dominating Derivatives Bitcoin price may... дальше »
2020-5-22 23:00 | |
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3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?
Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized. дальше »
2020-5-21 19:05 | |
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Will the Chinese Dream of Digital Yuan put US Dollar's dominance in jeopardy?
The concept of money has been forever evolving. Many countries are now experimenting with central bank digital currencies. There was an overwhelming concern that US Dollar may be in jeopardy and discuThe post Will the Chinese Dream of Digital Yuan put US Dollar's dominance in jeopardy? appeared first on AMBCrypto. дальше »
2020-5-13 00:00 | |
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Chinese Investors May Increasingly Invest in Bitcoin in Q2 as Local Funds Cripple
Search trends emerging from China show interest in ‘Bitcoin’ could hit an all-time high in the 12-month range. Chinese users’ increased attentiveness for the cryptocurrency comes against the backdrop of underperforming money-manager funds. дальше »
2020-4-22 10:35 | |
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Coronavirus ‘Patient Zero’ May Have Started Pandemic In November or Earlier
Chinese government data suggest the coronavirus began spreading as early as November, but it still can't confirm 'Patient Zero.' The post Coronavirus ‘Patient Zero’ May Have Started Pandemic In November or Earlier appeared first on CCN.com дальше »
2020-3-17 21:00 | |
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China’s Insane Fortnite Limits Take ‘Nanny State’ to Ridiculous New Levels
According to a Fortnite leaker, Chinese game limitation policies may get more extreme, including in-game punishments for playing too long. The post China’s Insane Fortnite Limits Take ‘Nanny State’ to Ridiculous New Levels appeared first on CCN.com дальше »
2020-3-4 22:14 | |
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China’s Biggest Bull Trend in 3 Years Makes Dow Jones Comeback Imminent
The sharp recovery in Chinese stocks may have paved the way for the Dow's comeback this week. The Dow rebounded 5.1% on Monday. The post China’s Biggest Bull Trend in 3 Years Makes Dow Jones Comeback Imminent appeared first on CCN.com дальше »
2020-3-3 06:20 | |
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The Coronavirus Outbreak Just Made This the World’s Worst Job
Chinese healthcare workers may have the hardest job in the world amid the coronavirus crisis. Reports reveal over 1,700 have become infected. The post The Coronavirus Outbreak Just Made This the World’s Worst Job appeared first on CCN.com дальше »
2020-2-15 01:30 | |
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A major crypto scam’s Bitcoin is moving and if history repeats, it may start a correction
A Chinese multi-billion dollar scam known as PlusToken is moving their holdings of Bitcoin once again. In 2019, when the price of BTC dropped to the $6,000s, analysts attributed the fall to the dumping of funds by the fraud. дальше »
2020-2-11 14:50 | |
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Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%
Coinspeaker Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks. дальше »
2020-2-11 13:54 | |
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Bitcoin May React to China’s 2020 Economic Forecasts Being Cut for February
The coronavirus will likely slow down the entire Chinese economy, and analysts are cutting their economic forecasts for both February and for 2020. This may positively push Bitcoin upwards as a possible hedge. дальше »
2020-2-10 18:14 | |
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Brexit Is Finally Happening on January 31: How Will It Affect the Markets?
Coinspeaker Brexit Is Finally Happening on January 31: How Will It Affect the Markets?As you may know, people in Europe like to do things slowly. This time, Great Britain is leaving the Eurozone for real, while the world's eye pairs staring into scary Chinese videos. дальше »
2020-1-25 20:35 | |
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Bitcoin may slide after Chinese New Year, but a 'nosedive' is least likely
It seems like we're just not content with a bullish scenario involving Bitcoin; a bearish narrative is always around the corner! After a 6 percent drop over the last 3 days, the community speculateThe post Bitcoin may slide after Chinese New Year, but a 'nosedive' is least likely appeared first on AMBCrypto. дальше »
2020-1-24 20:00 | |
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Chinese, European CBDCs may not be enough to oust the USD
China and Europe are hot on the digital currency trail, but won't threaten the United States. If the goal is to dominate the U.S in the global currency market, a simple digital version of the RenminbiThe post Chinese, European CBDCs may not be enough to oust the USD appeared first on AMBCrypto. дальше »
2020-1-8 11:30 | |
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Was Bitcoin Brought Down by a Chinese Ponzi Scheme?
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. дальше »
2019-12-17 23:17 | |
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Bitcoin Rally May Be Bolstered by Chinese Yuan Devaluation, Claims Analysts
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. дальше »
2019-8-6 03:00 | |
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Is Jack Ma's Alibaba Stock a Diamond in the Rough?
Chinese internet stocks may seem like the last place to invest considering the exposure they have to the U. S. /China trade war. Stocks like Baidu were among the worst performers in the stock market, shaving 7 percent off its value and weighing on the Nasdaq in the process. дальше »
2019-8-6 02:00 | |
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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. дальше »
2019-8-5 09:36 | |
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Bitcoin (BTC) Reacting from $9,500, Will Hangzhou Internet Court Ruling Trigger Demand?
Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. дальше »
2019-7-25 20:00 | |
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Justin Sun Denies Accusation That Tron’s Fundraise Was Illegal
A Chinese news source said Sun's postponement of the lunch with Warren Buffett may not be for health reasons as was claimed earlier today. дальше »
2019-7-23 12:20 | |
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Chinese Border Guards Install Malware on Some Tourists’ Phones
Tourists love to travel to new countries and regions which intrigue them. To many people, China is one such region. Although it is not the most hospitable place for foreigners, many people travel to this country regardless. дальше »
2019-7-3 05:00 | |
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Facebook, Binance, Chinese Yuan Combine to Boost Bitcoin above $9000
By CCN Markets: The price of bitcoin (BTC) on Sunday surged above $9,300 to establish a fresh year-to-date high. The bitcoin-to-dollar exchange rate touched $9,388 at 0600 UTC — its highest since May 30 — on San Francisco-based cryptocurrency exchange Coinbase. дальше »
2019-6-17 18:45 | |
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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 | |
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Chinese Bitcoin miner arrested for stealing electricity from oil well
Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th. дальше »
2019-6-14 15:23 | |
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