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Bitcoin Is ‘Virtual Property’ Says Second China Court

China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. дальше »

2019-7-19 15:00


Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’

The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »

2019-7-10 12:01


Is Bitcoin “A Hedge Against Global Instability”? Economist & Trader says “NO” But is He Right?

While Bitcoin is up over 5% touching $8,200, the world share market has snapped its seven-day winning streak as the White House took a tough stance on trade talks with China. No visible rise in US inflation meanwhile is keeping up the talks of an early cut in interest rates. Global Market Drops while Bitcoin […] дальше »

2019-6-13 23:01


Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

By CCN: A Wall Street legend warns that you should expect more pain in the stock market as President Donald Trump’s trade war with China rages on. Scott Minerd — the Global Chief Investment Officer and co-founder of Guggenheim Partners – says equities could suffer an even bigger sell-off this summer than they did in last year’s fourth quarter bloodbath. дальше »

2019-6-2 00:30


Фото:

China Bitcoin Ban: Lawyer Says Occasional BTC P2P Exchange Is Legal

A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading. дальше »

2019-5-23 12:00


China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer

“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit. дальше »

2019-5-22 12:00


Фото:

Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies

James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U. дальше »

2019-5-16 05:00


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


Bitcoin [BTC] gained popularity in China because it offered ‘a quick profit’, says Joyce Yang

Since the inception of cryptocurrencies, Bitcoin [BTC] has majorly dominated the digital asset industry and at press time, accounted for more than 50 percent of the total market capitalization. Joyce Yang, the Founder of Global Coin Research, recently spoke about the impact of Bitcoin [BTC] in China and how it had attracted the native population. дальше »

2019-4-22 01:30


Dow Rally Regains Momentum Ahead of U.S.-China Trade Talks

The Dow and wider U. S. stock market finished strong on Tuesday, as investors shifted their focus to a fresh round of China trade negotiations set to begin later in the week. The sensitivity of the upcoming negotiations didn’t prevent the United States from sailing two ships through the Taiwan Strait this weekend, in an operation that the Trump administration says will become more routine moving forward. дальше »

2019-3-27 22:14