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First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2024-9-24 15:01 | |
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China Ban Causes Surge in Decentralized Exchanges Tokens UNI, SUSHI, BNT
Cryptocurrency investors have turned bullish on Decentralized Exchange (DEX) tokens in the wake of China’s most recent ban on cryptocurrency. On Friday 27 September, The People’s Bank of China (PBOC) – which exercises regulatory control over one of the world’s largest cryptocurrency markets – declared that all cryptocurrency transactions are “illegal financial activities”, adding thatRead More дальше »
2021-9-27 17:00 | |
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Crypto Exchanges and Companies React to China’s Ban, PBoC Injects 100 Billion Yuan Liquidity in Markets
Despite boosting the net liquidity injection of 510 billion yuan (almost $79 billion) in the preceding six days, the central bank failed to spur risk appetite; meanwhile, crypto-asset prices jumped. дальше »
2021-9-27 16:44 | |
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China’s Digital Yuan Used for Payment in Country’s Financial Markets
China’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. дальше »
2021-8-25 19:00 | |
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Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?
China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. дальше »
2019-8-13 20:03 | |
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Dow Recoups 275 Points as China Manipulates the Market - Again
The Dow and broader U. S. stock market began their long road to recovery on Tuesday after the People's Bank of China (PBoC) announced it would take decisive measures to stabilize the yuan. In other words, PBoC is manipulating the currency market in the direction that appeases stock traders. дальше »
2019-8-7 22:26 | |
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