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Chinese State Media: BTC Bull Market Can Cause Long-Term Downward Pressure on Gold
In 2020, China has repeatedly been pointing out the bull run the largest digital asset is enjoying, and yet again, before the year is over, it went at it again, but this time, it took one step further. дальше »
2020-12-14 22:17 | |
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Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand. дальше »
2020-12-4 23:00 | |
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China’s answer to Bitcoin could wreck Macau’s multi-billion dollar casinos
China has been a long time critic of Bitcoin despite its unwavering support for digital finance and payments. The post China’s answer to Bitcoin could wreck Macau’s multi-billion dollar casinos appeared first on CryptoSlate. дальше »
2020-12-4 14:30 | |
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Ripple CEO’s Broken Record: Level Playing Field for XRP to Compete with China Controlled Bitcoin
Another interview, another strike from Ripple CEO on Bitcoin. Brad Garlinghouse clarified that he is a bull on Bitcoin and that he owns it, but at the same time, he said, “We need to acknowledge that when Bitcoin is more than 50 percent of the mining in China that China can control those technologies. дальше »
2020-11-21 20:14 | |
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Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate categories: basic technology, applicability, and creativity. дальше »
2020-11-18 15:30 | |
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Is China Pressuring Hong Kong to Crack Down on Cryptocurrency?
There is an adage in the cryptocurrency space that goes something like; ‘You know it’s a bull run when China bans Bitcoin again’. It was Hong Kong tightening the screws this time, but it appears to be acting in the shadow of its overpowering neighbor and many of the world’s biggest exchanges could be affected. дальше »
2020-11-4 11:10 | |
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China’s Central Bank Set to Ban Cryptocurrency Issuance
In yet another crypto-related ban, China’s central bank is accepting public comments concerning a draft law that seeks to pave the way for the digital yuan. China’s 2017 ICO and crypto trading ban sent shockwaves across the market at the time. дальше »
2020-10-23 17:40 | |
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China conducts one of the biggest public CBDC tests
China is slowly approaching the time when its CBDC will be publicly available across the country. For now, however, the country is still conducting tests, and one of its biggest trials just took place over the last few days. дальше »
2020-10-12 12:57 | |
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Bitcoin: China is taking blind shots but they are meeting the target
With October starting off on a bang-on bearish outbreak, Bitcoin dropped down to $10,380 from $10,940 in a gap of 12 hours. While the recovery has been commendable at press time, a prominent on-chain The post Bitcoin: China is taking blind shots but they are meeting the target appeared first on AMBCrypto. дальше »
2020-10-7 21:30 | |
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This Prominent Financial Author Thinks All National Currencies Will Be Pegged To Bitcoin
Bitcoin has faced so many hitches in the short time it has existed. Countries like China and Russia have imposed draconian laws that prohibit the use of the cryptocurrency. As if that weren’t enough, renowned economists and corporations have come out criticizing bitcoin and its ability to thrive in the future. Moreover, most investors across […] дальше »
2020-9-29 23:42 | |
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China’s nationwide blockchain to add support for stablecoins
China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time. дальше »
2020-8-25 14:43 | |
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Russia and China De-dollarization Approaching ‘Breakthrough Moment’
China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times […] The post Russia and China De-dollarization Approaching ‘Breakthrough Moment’ appeared first on Bitcoin News. дальше »
2020-8-21 00:30 | |
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Oracle’s Interest: TikTok Customer Data Is Presumed to Be Huge Attraction Factor
Coinspeaker Oracle’s Interest: TikTok Customer Data Is Presumed to Be Huge Attraction FactorBeing among the top 10 downloaded and actively used social media platforms based in China, TikTok huge customer data has attracted America's attention at a time of a trade war with China. дальше »
2020-8-19 13:51 | |
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The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners
Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever. дальше »
2020-8-4 11:00 | |
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China Ponzi Scheme PlusToken’s $185 Million Ethereum Stash is On The Move
Ethereum funds to the tune of $185 million, tied to the now-infamous PlusToken scam, moved on June 24, sending the cryptocurrency market in a tizzy and moving ETH prices down by almost 5 percent at the time of writing. дальше »
2020-6-26 17:07 | |
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Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position?
Asia has been called the 'crypto-hub' of the world for a long time now. Countries like Japan, Singapore, South Korea, and China have all recorded significant growth in the space over the past few yearThe post Will Asia's tightening of crypto-regulations threaten its 'crypto-hub' position? appeared first on AMBCrypto. дальше »
2020-5-1 11:00 | |
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China Begins Trials for its Sovereign Digital Currency
The digital currency developed by the Chinese central banks and government will certainly be something to behold. It now seems that the first trial run of the currency is underway. It has been rumored for some time now, but China’s national digital currency has finally arrived. дальше »
2020-4-22 05:00 | |
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China is forging ahead with national crypto project: leaked screenshots
If you’ve been in the Bitcoin market for any period of time, you likely know that China has long been a hub for crypto assets as a whole. Yes, the trading of BTC and other cryptocurrencies is vehemently banned and restricted, but the Beijing government has continued to maintain heavy involvement in the broader space, […] The post China is forging ahead with national crypto project: leaked screenshots appeared first on CryptoSlate. дальше »
2020-4-16 03:15 | |
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Dow Jones Rally Teeters Because New York Is a Coronavirus Time Bomb
The United States is dangerously close to overtaking Italy, and even China, in numbers of confirmed coronavirus cases. The post Dow Jones Rally Teeters Because New York Is a Coronavirus Time Bomb appeared first on CCN.com дальше »
2020-3-25 15:19 | |
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Chinese Central Bank Warns Against Crypto Trading Due to Market Manipulation, Bots
Bank of China, a Chinese central bank, is continuing with its anti-crypto campaign, this time the bank has issued a long post in its official WeChat account lashing on crypto exchanges. According to Cointelegraph, the post which was released on March 22 is titled “3. дальше »
2020-3-24 20:42 | |
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Binance CEO Isn’t Worried About Bitcoin, Says “Demand is Increasing”
On February 17, the Dow Jones Industrial Average was near its peak at 30,000, driven by the longest US economic expansion in history. During that time, bitcoin was trading above $10,000. Over the next thirty days, the coronavirus (Covid-19) burst out of China with major outbreaks in Italy, South Korea, France, Spain, Germany, the UK, […] дальше »
2020-3-22 03:45 | |
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Appetite for Crypto Assets Could Grow as PBOC Announces Easing
The crypto market is off to a bad start this week. But that has not depleted its possibilities of registering a big fat rebound thanks to Beijing. The People’s Bank of China announced that it is slashing down interest rates on its medium-term loans – from 3. дальше »
2020-2-18 17:00 | |
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Blockchain technology helps China cope up with Coronavirus
Transparency, as well as privacy, are two crucial pillars that need to be respected during times of distress. With almost 1,770 fatalities in China, over 70,000 total cases reported, at press time, ChThe post Blockchain technology helps China cope up with Coronavirus appeared first on AMBCrypto. дальше »
2020-2-18 01:00 | |
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United States a few steps behind China on blockchain, crypto-regulations
The regulatory environment surrounding cryptocurrencies has been murky for a long time; not just in the United States, but around the world too. However, it is interesting to note that many countries The post United States a few steps behind China on blockchain, crypto-regulations appeared first on AMBCrypto. дальше »
2020-2-6 20:30 | |
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The Chinese CBDC Will Have Transactions Approved by the PBoC
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. дальше »
2020-1-31 01:00 | |
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China’s Digital Currency Finally Begins to Take Shape, More Details Released
Coinspeaker China’s Digital Currency Finally Begins to Take Shape, More Details ReleasedThe moment everyone has been waiting for has finally come. The anticipated digital Renminbi, China’s Central Bank digital currency (CBDC), is back on the news and this time with more details about its operation. дальше »
2020-1-31 22:53 | |
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Finance Strategist: Time to Short Airline Stocks as Coronavirus Spreads
A global strategy chief says airports are on edge over China virus fears. He says it's time to short airline stocks, and long surgical masks. The post Finance Strategist: Time to Short Airline Stocks as Coronavirus Spreads appeared first on CCN.com дальше »
2020-1-22 04:59 | |
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New Coronavirus in China May Ignite a Big Stock Market Correction
Mysterious respiratory disease coronavirus is ripping through China. Last time this happened, the U.S. stock market suffered heavy losses. The post New Coronavirus in China May Ignite a Big Stock Market Correction appeared first on CCN.com дальше »
2020-1-22 18:32 | |
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China Going Crazy With Blockchain, Big Brands Joining in While Projects See A Record 110% Growth
China’s “Blockchain not Bitcoin” narrative has been known for a long time and going strong as ever. In October, President Xi Jinping himself emphasized the country to “take the leading position” in blockchain technology and “seize the opportunity. дальше »
2020-1-8 20:24 | |
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China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22. дальше »
2020-1-2 11:01 | |
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Bank of China Introduces Blockchain Bond Issuance System, Issues 20 Billion Yuan Bond
One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time. дальше »
2019-12-9 19:37 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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Despite Bitcoin “Gold 2.0” Narrative, Long-Term Correlation With Gold Remains Loose
The traditional equities markets have been caught in a tailspin over the past couple of days due to increasing tensions between the U. S. and China that have escalated the trade war into a full-fledged currency war. дальше »
2019-8-8 03:00 | |
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“It Is Irresponsible For Institutions Not To Have Exposure To Bitcoin,” Says Anthony Pompliano
“We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the US and China,” said Lawrence Summers, former Secretary of the Treasury Monday. дальше »
2019-8-6 21:55 | |
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London-based Standard Chartered Will Start Using The Blockchain For Supply Chain Finance
Standard Chartered, a bank based in the U. K. , has just made its first transaction using a new blockchain-based supply chain application. According to the bank, they did it with Linklogis, a supply chain company based in China. дальше »
2019-8-6 22:05 | |
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Bitcoin witnesses ‘macro-convergence’ as capital from China flows out of Yuan and into ‘financial haven asset’
The Chinese Yuan has crossed ‘7’ for the first time in over a decade causing massive economic unrest on a global scale, causing stock markets and other assets to tumble. It has coincidentally caused the price of Gold, Bitcoin, and other stores of values to surge. дальше »
2019-8-6 18:30 | |
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Bitcoin Shoots Up on Rising Threat of Full Blown Currency War as China’s Yuan Drops Below 7
The simmering trade tensions between the US and China have threatened to spark a full-blown currency war after Beijing lets the yuan weekend past the psychologically important point of 7 to the American dollar for the first time in over a decade. дальше »
2019-8-5 17:42 | |
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Aelf Gets Accredited: Is China Pivoting Back To Crypto?
A Chinese Government agency has provided accreditation to the decentralized cloud-computing network aelf (ELF), marking the first time a project with a cryptocurrency has received official certification by the national government. дальше »
2019-7-23 19:36 | |
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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 | |
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China Should Take Precautions against Facebook Crypto: Ex-PBoC Head
Facebook's foray into the payment sector has drawn backlash from governments and regulators across the globe. This time, it is China fencing its borders to keep the social media giant out. The post China Should Take Precautions against Facebook Crypto: Ex-PBoC Head appeared first on NewsBTC. дальше »
2019-7-18 17:00 | |
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Former PBoC Governor Expects Policy Implementation in China to Counter Facebook’s Libra Coin
In an ever-continuing economic war between two of the greatest nations on the planet currently, US and China, maybe in yet another race of supremacy – this time in blockchain technology and cryptocurrencies – the former governor of the People’s Bank of China, Xiaochuan Zhou, states in a recent interview. In the past month, several […] дальше »
2019-7-11 18:23 | |
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China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC Official
Coinspeaker China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC OfficialWhen the U. S. sneezes the rest of the world catches a cold, and this time around the cold has caught up with China. дальше »
2019-7-9 10:50 | |
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Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000
In amidst a tense trade dispute between the U.S. and China, the Dow Jones has achieved a new all-time high at 26,966 points, closing on 27,000 points. U.S. President Donald Trump said: Today’s Stock Market is the highest in the history of our great Country! This is the 104th time since the Election of 2016 […] The post Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000 appeared first on CCN Markets дальше »
2019-7-4 12:30 | |
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Bitcoin’s mysterious bull run in 2019 may be driven by China’s retail traders
Bitcoin, at press time, was trading at $12,100. Less than 3 months ago, Bitcoin was still hovering around the $4,100 mark. All of that changed on April 2, when the price of Bitcoin pumped by 23% in a day, taking the price of Bitcoin from $4,100 to $5,080. дальше »
2019-6-27 17:30 | |
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