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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar
China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals. дальше »
2019-5-8 20:34 | |
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Sequoia Capital China to Layoff 20 Percent of its Workforce
Sequoia China, the Chinese arm of Sequoia Capital, could possibly layoff as much as 20 percent of its investment professionals due to an industry slowdown leading to investors’ low appetite for risk, reports Reuters on May 6, 2019. дальше »
2019-5-8 19:36 | |
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WeChat Bans Crypto Trading, but Binance’s Leader Changpeng Zhao Shares a Bullish Perspective
WeChat, the most popular social media and payment platform in China, has just released an update to the app’s payment policy which, among other things, puts a dent in the use of crypto among its users. дальше »
2019-5-8 18:16 | |
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Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion. The move follows a probe led by the attorney general of the State of New York, which revealed the apparent loss of $850 million in funds […] The post Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering appeared first on CryptoSlate. дальше »
2019-5-8 17:09 | |
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WeChat To Ban Crypto Trading And Exchange Activities, Binance CEO Says It’s Good Long Term
China’s most popular messaging app, WeChat, will ban crypto trading and transactions on apps by the end of May.… The post WeChat To Ban Crypto Trading And Exchange Activities, Binance CEO Says It’s Good Long Term appeared first on Invest In Blockchain. дальше »
2019-5-8 09:19 | |
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Chinese Crypto Scene: WeChat Asserts Bitcoin & Altcoin Related Transactions Are Verboten
China’s Regulators Clamp Down On Bitcoin & Crypto… Again As you remember (or maybe not), China has long been an integral part of the crypto space. It is the home of Bitmain, a massive Bitcoin. дальше »
2019-5-8 07:44 | |
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VeChain Will Be Hard To Stop When PwC, Deloitte, BMW, And China’s Financial Insurance Giant Are Involved – A Sleeping Giant?
VeChain (VET) is arguably one of the hottest projects in crypto right now in terms of partnerships and potential… The post VeChain Will Be Hard To Stop When PwC, Deloitte, BMW, And China’s Financial Insurance Giant Are Involved – A Sleeping Giant? appeared first on Invest In Blockchain. дальше »
2019-5-8 07:15 | |
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Could Government Authorities in China Utilize Blockchain to Secretly Monitor Its Citizens?
It is no secret that the Chinese government is not very friendly with the concept of Western concepts of freedom. In fact, it is no secret that China is a very centralized state as well and that it often tries to find new ways to have some control over its citizens. A third aspect which […] дальше »
2019-5-8 03:45 | |
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Jamie Dimon Defends Trump’s Tariff War as Stock Market Bleeds
By CCN: Jamie Dimon has been in the news with a number of surprising opinions lately, but his latest interview could perhaps be the most maverick. Speaking to Poppy Harlow on CCN Business, the JPMorgan CEO revealed that – contrary to the stock market’s horrified consensus over Donald Trump’s aggressive posturing on trade tariffs with China – the president’s policy is actually working. дальше »
2019-5-8 00:29 | |
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Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P
By CCN: Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U. дальше »
2019-5-8 00:10 | |
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WeChat Bans Bitcoin, Binance CEO Explains Why It’s Bullish for Crypto
By CCN: Always the optimist, Binance CEO Changpeng “CZ” Zhao sees a silver lining in the wake of WeChat’s recent ban on crypto trading activities. According to a tweet today by Dovey Wan, founding partner of Primitive Ventures, the Chinese social media company released an updated payment policy which states that it will terminate merchant accounts that participate in cryptocurrency transactions. дальше »
2019-5-8 22:45 | |
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WeChat Updates Payment Service Protocol, Bans Crypto Trading
WeChat, a popular messaging application in China, has banned merchants on its platform from being directly or indirectly involved in cryptocurrency trading, impacting over-the-counter traders who use WeChat Pay to interact with exchanges. дальше »
2019-5-8 22:04 | |
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WeChat Releases New Payment Service Policy, Banning Crypto Trading And Transactions
New Payment Policy Released By WeChat, Banning Crypto Transactions Merchants and corporate users can no longer be engaged in crypto activities with WeChat, starting May 31st. Binance CEO suggests that WeChat’s policy change was not of their own volition. дальше »
2019-5-7 21:03 | |
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WeChat Updates Policy Statement: Bans Bitcoin Transactions
News from China reveals that Chinese instant messaging giant, WeChat, has prohibited bitcoin and cryptocurrency transactions, following an upgraded payment policy. This latest move by the company would adversely affect over-the-counter (OTC) and peer-to-peer traders who depend on these platforms to do business. дальше »
2019-5-8 19:17 | |
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Changpeng Zhao: WeChat Merchant Ban on Crypto Trading has Long-Term Gains
WeChat, China’s most popular cross-platform social media, messaging and mobile payment app, has now added an update to its payment policy, disallowing customers to engage in cryptocurrency trading. дальше »
2019-5-7 18:33 | |
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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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Chinese Authorities Probably Want to Exploit Blockchain to Secretly Monitor Citizens
By CCN. com: In modern times, China has worked to consolidate state power over individuals. Local authorities are trialing systems to control peoples’ social standing, access to jobs, and even where they can go. дальше »
2019-5-7 15:53 | |
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China bans mining? And Bitcoin (BTC) soars to $ 6000
The Chinese government is considering banning mining as an activity harmful to the economy. Consideration ends today. It was first announced on April 8th. The Corn since that time has paradoxically increased by 17%, from $ 5,100 to more than $ 5,950. дальше »
2019-5-7 14:14 | |
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Could Bitcoin and Cryptocurrencies Be Affected By The Recent Stock Plunge?
Bitcoin (BTC) and other cryptocurrencies were affected a few hours ago when the U. S. President Donald J. Trump posted a tweet in which he said that they were increasing tariffs to China from 10% to 25%. дальше »
2019-5-7 03:34 | |
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Dow Flash Crash Will Intensify Unless Beijing Cuts the B.S.
By CCN: The Dow and broader U. S. stock market’s sudden reversal on Monday could intensify if China continues to backtrack on a new trade deal. As President Trump’s Twitter tirade revealed on Sunday, the White House won’t shy away from using tariffs to strangle China’s export industry. дальше »
2019-5-7 21:51 | |
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Trump Smells Blood & Flashes China a $500 Billion Middle Finger
By CCN: The U. S. -China trade war suddenly escalated this week, with President Donald Trump declaring that the trade surplus the world’s second-largest economy enjoys with his country will be no more. дальше »
2019-5-7 19:41 | |
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Bitcoin Price Wobbles As Trump China Trade Dispute Hits Asian Markets
Bitcoin price was displaying fresh volatility May 6 as global political and economic factors sparked broad uncertainty across markets. Bitcoin Comes Down From Weekly High Data from cryptocurrency exchange Bitstamp, which tends to act as a lower benchmark for Bitcoin markets, put the cryptocurrency trading around $5600 at press time. дальше »
2019-5-6 12:30 | |
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Binance and Huobi: A tale of two Chinese crypto exchanges
CryptoNinjas Binance and Huobi are two prominent cryptocurrency exchanges that were originally founded in China. Once China decided to shut down exchanges, Binance and Huobi both had to relocate in order to continue operations. дальше »
2019-5-6 07:12 | |
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Central Banks Led by Russia and China Ditching Dollar for Gold Hits Highest Level in Six Years
World Gold Council reports 145.5 tons of gold being bought by central banks in the first quarter of 2019 and further expects this demand to stay strong for the rest of the year. In the first quarter of this year, gold purchases by central banks were the highest in six years as countries ditch the […] дальше »
2019-5-4 19:29 | |
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Tesla Model 3 Suffers in US-China Trade War as MAGA Takes Over
By CCN: The core computer of Tesla’s Chinese-made Model 3, known as the ‘Brain’, was rejected for exclusion from Donald Trump’s 25% tariffs. Tesla had applied for exclusion from the surcharge placed on Chinese-made goods but was rejected. дальше »
2019-5-4 04:15 | |
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Nations Continue to De-Dollarise by Hoarding Gold: Is Stockpiling Bitcoin Next?
According to a report by the World Gold Council, central banks have been buying more gold this first quarter than they have in the previous six years. The efforts to diversify away from the US dollar are being led by China and Russia. дальше »
2019-5-4 00:00 | |
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Bitcoin [BTC]: Blockchain and industrial cannabis are the future, claims Chinese blockchain organization
The mainstream adoption of cryptocurrencies, especially Bitcoin [BTC], has been the sole purpose of many organizations, with some famous institutions testing the waters too. The latest news from China however, revealed that a blockchain firm would choose cannabis as its core product, over the world’s largest cryptocurrency. дальше »
2019-5-3 16:00 | |
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China-based Blockchain Investment Firm Diversifies with Cannabis
A Chinese blockchain investment firm listed in Hong Kong recently announced that it was looking at the cannabis sector following bitcoin’s price struggles in 2018. As reported by South China Morning Post, the company says it wants to diversify its investment portfolio. дальше »
2019-5-3 23:00 | |
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Clueless: Joe Biden’s China Gaffe Betrays Ex-VP’s Utter Economic Ignorance
By CCN: At a recent campaign stop, Joe Biden balked at the idea that China competes with U. S. businesses. The apparently-clueless former vice president actually pointed to disadvantages in the geography of China’s territorial land. дальше »
2019-5-2 19:06 | |
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HK Investment Firm Pivots to Cannabis After 2018 Bitcoin Bear Market
A Hong Kong-based blockchain investment firm is planning to take up a position in the cannabis market as a way of diversifying its Bitcoin investment portfolio. Diversifying with Cannabis According to the South China Morning Post (SCMP), the Hong Kong-listed Grandshores Technology plans to take up investment positions in cannabis stocks. дальше »
2019-5-2 19:00 | |
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Китайская компания изменила блокчейну с коноплёй
На фоне недавнего затяжного спада крипторынка китайская технологическая компания Grandshores Technology со штаб-квартирой в Гонконге была вынуждена диверсифицировать свой бизнес и уйти от блокчейна, вложив средства в выращивание конопли. дальше »
2019-5-3 16:14 | |
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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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Why CIO of Major Investment Firm Says Tesla’s Stock is Going to $4,000
By CCN: Tesla (TSLA) has had a poor first quarter in 2019, suffering from various occurrences such as the reported explosion of a Tesla Model 3 in China and a big miss on earnings. From January to March, Tesla was expected to generate a revenue of $5. дальше »
2019-5-2 01:45 | |
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China’s Huawei Quashes Analyst’s Bullish Apple Stock Price Prediction
By CCN: Wall Street is showering love on Apple’s stock. The iPhone maker recently hit a $1 trillion valuation. Analysts and investors are willing to overlook the problems with the company’s second-quarter earnings report, including Gene Munster. дальше »
2019-5-2 00:26 | |
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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 Would Go ‘Up Like a Rocket’ with Trump’s Desired Interest Rate Cut
By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks. дальше »
2019-5-1 23:29 | |
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Rakuten Looks to Make a Major Splash Into China’s Massive $60 Billion “Authenticity Market”
Many of our regular readers may recall that nearly a decade back, more than 54,000 infants in China fell ill after it came to light that a popular infant formula (that was being used widely across the nation by a lot of young mothers) had been contaminated with a mix of dangerous compounds such as […] дальше »
2019-4-30 18:08 | |
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4 Billion Crypto Adopters Will Outnumber Internet Users Within Years, Predicts Binance CEO
By CCN. com: Binance CEO Changpeng Zhao boldly claims that cryptocurrency will reach more users than the internet in a matter of years. His wildly bullish prediction suggests that over 4 billion people on the planet will use crypto in the near future. дальше »
2019-4-30 18:08 | |
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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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Billionaire Bitfinex Shareholder Hints at Exchange Token after $850 Million Tether Scandal
By CCN. com: According to a statement released by Dong Zhao on Weibo, a billionaire investor in Bitfinex and a widely recognized trader, bitcoin exchange Bitfinex is planning to create an exchange-based token following the Tether scandal. дальше »
2019-4-30 15:02 | |
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Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?
Coinspeaker Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?According to China’s Association of Automobile Manufacturers, Chinese citizens will buy at least 1. 6 million electric vehicles this year. дальше »
2019-4-30 13:30 | |
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Tesla Embarrassed by Major Chinese Buyer in Giant New York Billboards for Million-Dollar ‘Electromechanical Failures’
By CCN. com: Times Square visitors were treated to an embarrassing shellacking of Elon Musk and his Tesla clown car on Monday. Three advertisements appeared in the popular area of New York City demanding that Tesla provide Shenma, a high-end Chinese ride-hailing firm, with compensation. дальше »
2019-4-30 09:18 | |
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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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WeRide to Bring Commercial Autonomous Taxis to China in July
Over the past few years, there has been an increasing focus on autonomous vehicles of all forms, shapes, and sizes. In China, research and development of this new form of transportation has taken an interesting turn. дальше »
2019-4-29 11:17 | |
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