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Dow Implodes as Clock Ticks on Trump’s Ruthless China Gamble
By CCN: A volatile Dow Jones Industrial Average lurched toward a 400 point setback on Tuesday as the clock continued to tick on President Trump’s high-stakes gamble that threatening to slap new tariffs on hundreds of billions of dollars of Chinese imports will force Beijing to sign a trade deal. дальше »
2019-5-7 16:47 | |
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Bitcoin Resumes Its Bullish Run, Ethereum Rallies Even Harder
After hitting a new ATH for 2019 on May 3rd, Bitcoin is back at it setting a new all time high trading at $5933 on Coinbase. The recent price hike comes amid Donald Trump’s tweets revealing a potential tariff increase on Chinese goods causing the stock market to flash crash. дальше »
2019-5-7 08:42 | |
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Warren Buffett Laughs Off Trump-Induced Dow Plunge
By CCN: The Dow Jones plummeted from 26,502 points to 26,160 points within minutes after the opening bell as investors expressed shock at the decision of U. S. President Donald Trump to raise tariffs to 25 percent on $200 billion worth of Chinese goods. дальше »
2019-5-7 20:46 | |
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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. дальше »
2019-5-6 17:24 | |
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Dow Nightmare Monday Looms on $200 Billion Trump Chinese Tariff Threat
By CCN. com: The Dow Jones has shown strong momentum from May 2 to 3, recording a recovery of nearly 300 points in merely two days. However, U. S. President Donald Trump’s decision to raise tariffs on $200 billion worth of Chinese goods could hinder the performance of the U. дальше »
2019-5-6 08:37 | |
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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. дальше »
2019-5-3 18:44 | |
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Chinese blockchain firm swaps Bitcoin for cannabis in search of new highs
Following the effects of the crypto-winter, one Chinese firm has been forced to diversify its business model away from blockchain. It’s chosen industrial hemp as the next addition to its portfolio. дальше »
2019-5-2 11:51 | |
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Tencent-backed Waterdrop Gains Unicorn Status
There are many companies that are looking to dominate the health care market of China, the most populous country in the world. However, it appears as though there are two behemoths that will be fighting for market share – Ant Financial, an affiliate company of one of the largest Chinese conglomerates, Alibaba, and Waterdrop, backedRead MoreRead More. дальше »
2019-5-1 23:00 | |
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Dow Slides Red as China’s Factories Struggle Amid Economic Woes
By CCN. com: The Dow and broader U. S. stock market traded lower on Tuesday, as investors sifted through weaker than expected Chinese manufacturing data that seemed to show a loss of momentum at the start of the second quarter for the world’s second-largest economy. дальше »
2019-4-30 17:37 | |
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Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market
By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. дальше »
2019-4-30 23:20 | |
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Tesla Rival BYD is Absolutely Killing It – But There’s an Enormous Catch
By CCN: On the heels of a rather disappointing Tesla earnings call, Chinese electric car maker BYD Auto reported a stunning 632 percent increase in Q1 net profit. The company, backed by Warren Buffet, saw profits jump from 102. дальше »
2019-4-30 21:28 | |
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Bitcoin [BTC] will have the hardest time replacing fiat in China, says Joyce Yang
The cryptocurrency market has managed to establish a stronghold in some countries like the United States and China. However, information pertaining to the market differs between the two countries, partly due to the language barrier. дальше »
2019-4-23 23:30 | |
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Rising Pressure from USA Does Not Bother Huawei as Revenue Adds 39% in Q1
Coinspeaker Rising Pressure from USA Does Not Bother Huawei as Revenue Adds 39% in Q1Huawei Technologies Co. said that their revenue from the first quarter jumped 39 percent to 179. 7 billion yuan ($26. дальше »
2019-4-22 16:26 | |
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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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Chinese Firm Huatie HengAn Losses $23 Million in Its Secret Crypto Mining Business
A Chinese company subsidiary of Huatie, has been sold for $2 million after having a valuation of $25 million a year ago. The firm is called Huatie HengAn and the reason behind this plunge in its value is related to the drop in cryptocurrency mining profitability. Company Losses 90% Of Its Value After Bear Market […] дальше »
2019-4-21 01:25 | |
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Chinese company mines cryptocurrency under the shadows; loses 90% of its valuation amidst crypto-winter
Since the emergence of decentralized currency, China has been the focal point of cryptocurrency mining. With the market falling to the “crypto-winter” in 2018, several miners suffered severe setbacks due to the plummeting market. дальше »
2019-4-20 10:00 | |
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Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been sold for $2 million. дальше »
2019-4-20 02:00 | |
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Rakuten and Techrock Partner for Anti-Counterfeit Blockchain-Based Solution
Coinspeaker Rakuten and Techrock Partner for Anti-Counterfeit Blockchain-Based SolutionRakuten, the leading Japanese e-commerce giant, has partnered with Techrock, blockchain-based supply chain and e-commerce company, in an initiative to bring verifiably authentic Japanese consumer goods to the Chinese market. дальше »
2019-4-18 17:55 | |
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Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown?
Part 1 of the history of the Chinese tryst with the cryptocurrency industry. China has always been a focal point in the realm of cryptocurrency and blockchain technology. From being the once hub of cryptocurrency exchanges to the mining center of the world, China has seen its dominance in the decentralized currency game decline due […] The post Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown? appeared first on AMBCrypto. дальше »
2019-4-15 16:45 | |
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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. дальше »
2019-4-13 19:07 | |
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Here’s Why Bitcoin (BTC) Mining May Explode Strengthening the Network
The Chinese government is mulling over a ban on cryptocurrency mining and shutting down mining farms, with some crypto enthusiasts of the view that this is the best time to invest in the mining hardware market. дальше »
2019-4-10 19:00 | |
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Chinese Authorities Propose a Complete Crypto Mining Ban
As Chinese citizens appear to have once more found a way to participate in the crypto market through USDT and crypto only exchanges, noises in the Communist Party have once... The post Chinese Authorities Propose a Complete Crypto Mining Ban appeared first on Trustnodes. дальше »
2019-4-9 14:06 | |
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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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Chinese Traders Rank High in OTC Trading And Are Paying Extra to Get Bitcoin
Chinese cryptocurrency traders have resorted to Over the Counter trading platforms in an effort to partake in the current market bull run. According to a report these traders are willing to pay an extra price just to lay hold on Bitcoin. дальше »
2019-4-9 22:55 | |
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Chinese Markets Reveal Strong Bitcoin Buys With Tether Fueling The Crypto Market Money Inflow
Chinese Markets Reveal Strong Bitcoin Buys With Tether Fueling The Money Inflow With Tether (USDT) primarily fuelling the current rally as Tether volumes take a significant hike, BTC is seeing strong buys from the Chinese market as USDT premium goes up. дальше »
2019-4-8 20:22 | |
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Bitcoin [BTC] buyers using OTC platforms in China are paying extra for Tether [USDT]
After the recent market rally led by Bitcoin, Chinese crypto traders are making a comeback into the space. However, investors are having to pay an additional 3% on over-the-counter or OTC platforms [like Huobi] for the stablecoin Tether [USDT] to avoid a blanket ban on crypto-trading. дальше »
2019-4-8 19:30 | |
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Chinese Crypto Investors Return Strongly In Bitcoin: Did They Cause BTC Surge?
For much of the history of Bitcoin (BTC), traders from Asia, specifically China and Japan, dominated this embryonic market. China, of course, is the spiritual and actual home of Bitmain, one of the industry’s highest valued startups, and of key crypto asset projects, like NEO and Tron. дальше »
2019-4-8 16:04 | |
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Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin
According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. дальше »
2019-4-8 13:06 | |
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Ripple and AliPay, a Chinese Payment Giant worth $150 Billion, Alliance on the Cards?
Ripple and Alipay could work together as the Chinese payment giant is seeking to enter the US market, with Brad Garlinghouse confirming that Alipay has grand ambitions for the United States. The post Ripple and AliPay, a Chinese Payment Giant worth $150 Billion, Alliance on the Cards? appeared first on Ethereum World News. дальше »
2019-4-5 18:30 | |
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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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Dow Blazes Past 26,000 after Chinese Data Hoodwinks Wall Street
The Dow and broader U. S. stock market surged on Monday after better than expected Chinese data eased concerns about a protracted slowdown in the global economy. The preponderance of evidence still points to a weakening China – a fact that investors will still grapple with in the near future. дальше »
2019-4-2 21:50 | |
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Cryptocurrency Mining Giant Bitmain Officially Gives up on Going Public in Hong Kong
Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26. дальше »
2019-3-27 20:29 | |
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Xiaomi’s new 100W charger will charge your phone in just 17 minutes
Chinese hardware maker Xiaomi is gunning for a new record in fast charging with its upcoming 100W charger. That’ll trump Huawei‘s 55W charger released with its foldable phone, the Mate X, which is arguably the fastest we’ve heard of for a phone thus far. дальше »
2019-3-26 11:04 | |
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Bitcoin Places 15th In Chinese Crypto Rankings, EOS Takes Top Spot
In an interesting take, China’s Center for Information and Industry Development (CCID) has released its latest cryptocurrency rankings on March 22, 2019, to mixed reviews. Making the List When most people think of ranking cryptos, they would think of judging them by their market capitalization, market value or simply popularity, though this isn’t the casewithRead MoreRead More. дальше »
2019-3-25 20:00 | |
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WeChat Pay to reportedly take on Google Pay and Paytm in India later this year
Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. дальше »
2019-3-22 14:11 | |
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Airpods 2, Apple’s Third Hardware Release in 5 Days, Won’t Save the Tech Giant
Apple has a problem, that much is certain. It has pretty much maxed out its current market for iPhones, and the Chinese market is not budging. Despite its best efforts, it remains stubbornly in a distant second place behind Huawei in the Middle Kingdom. дальше »
2019-3-22 10:26 | |
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Chinese Crypto Bulls on the Horizon — Almost $160M Yuan Flowed into the Bitcoin Market in the Last 24 Hours
Now that the cryptocurrency market has seemingly bottomed or is near its bottom, an influx of Chinese Yuan (CNY)… The post Chinese Crypto Bulls on the Horizon — Almost $160M Yuan Flowed into the Bitcoin Market in the Last 24 Hours appeared first on Invest In Blockchain. дальше »
2019-3-21 20:33 | |
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Chinese Profits from Roaring Stock Market Moving into Bitcoin & Crypto
Chinese Money is flowing into Bitcoin and cryptocurrencies from the profits made by its roaring stock market. Largest Chinese exchanges registered double volume while Chinese Yuan is seeing the highest money flow in cryptos after US dollar in fiat currency. дальше »
2019-3-20 17:24 | |
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China Economic Slowdown, Not the Trade War, is Greatest Threat to Dow Recovery
A survey published by Bank of America Merril Lynch on Tuesday has revealed key insights into the minds of global money managers. The survey measures responses from approximately 200 institutional, mutual and hedge fund managers around the world. дальше »
2019-3-20 15:50 | |
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China’s Resurgent Stock Market is Seeing Profits Flow Into Bitcoin
China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No. 2 Entry Fiat Currency Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies. дальше »
2019-3-18 12:00 | |
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Chinese Spy Scandal Threatens Trade Deal & Stock Market Recovery
A burgeoning spy scandal threatens to be an 11th-hour stumbling block to the U. S. -China trade deal, and it could take the wind out of the stock market’s sails as it continues to mount a recovery from its 2018 lows. дальше »
2019-3-18 02:30 | |
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Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance
ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports. дальше »
2019-3-14 00:05 | |
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Emerging Markets are Surging and Investors Could Send Bitcoin Moon-Bound
Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent in 2019, primarily due to the increase in interest in the Chinese stock market following the optimistic prospect of the trade deal. дальше »
2019-3-13 15:45 | |
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Breaking: Dow Bloodbath Could End as US-China Reach ‘Consensus’ on Crucial Trade Deal
Yi Gang, the governor of the People’s Bank of China, has said in a press conference on Sunday that the U. S. and China are close to establishing a currency deal, which could fuel trade talks and alleviate pressure on the Dow Jones. дальше »
2019-3-10 13:53 | |
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Dow Falls Again But Top Strategist Says It’s Time to Buy
Since March 4, within less than two days, the Dow Jones has dropped from 26,122 points to 25,806 points, experiencing a minor pullback. The decline in the Dow Jones was largely unexpected due to the strength of the Chinese stock market and the significant progress being made in the trade talks between the U. дальше »
2019-3-6 00:37 | |
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