2019-10-31 16:25 |
As per analysts, several major countries are looking to avoid using USD in the future and here comes China with its DCEP coin and embracement of blockchain
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The Chinese government is looking to subsidize blockchain projects, and the city of Guangzhou is leading the charge. The local government announced a fund of 1B renminbi ($150M USD) to bankroll “outstanding blockchain projects.
2019-10-31 02:12 | |
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Guangzhou state government launches a 1 billion yuan fund, approx. $140 million USD, to boost blockchain innovations in the state. Guangzhou Huangpu District and Guangzhou Development Zone, who make up strategic technological decisions came up with the “Detailed Rules for Implementing Several Measures for Accelerating Blockchain Industry Leading Change”. Guangzhou’s $140 million fund to accelerate […]
2019-10-31 00:41 | |
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ANZ Research recently published its report on China’s de-dollarization, Libra and RMB globalization; a report which said that while China still allocates a high share of its foreign exchange reserves to USD (estimated at around 59% as of June 2019), it is likely to speed up the pace of diversifying into other currencies as time […] The post Facebook’s Libra could be both a yuan competitor, and a yuan enhancer appeared first on AMBCrypto.
2019-10-29 19:00 | |
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Bitcoin, along with many other cryptocurrencies, especially Chinese ones, has exploded over the weekend on China’s intention to explore the potential of blockchain. However, Ripple’s XRP is trading relatively at the same level as last Monday.
2019-10-28 13:30 | |
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As China announces a warm welcome to blockchain companies, Justin Sun promises to announce a mega important partnership for Tron, some believe it is Samsung
2019-10-26 12:15 | |
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Six people were recently charged by the Chinese police for their connection to a crypto scam. According to the reports from local media outlets, the police of the Jiangsu Province believes that these six fraudsters conned around 10,900 investors.
2019-10-25 00:31 | |
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Perceived safe-haven assets Bitcoin and Gold were trending downwards on Friday as investors processed the emotional aftermath of China’s weak economic data. The BTC/USD instrument slipped by 1.
2019-10-18 16:00 | |
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After months of trading tensions with the United States, China has perceived that it's economy is no longer growing as much as it once was before. Now, in a swift move, the People’s Bank of China has decided to inject around $28 billion USD into the economy to boost it. The money was pumped into […]
2019-10-17 01:23 | |
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US Fed Reserve might be emitting its own cryptocurrency (CBDC) after Anthony Pompliano voices a suggestion that USD must be digitized to compete with the ‘China Coin’
2019-10-4 13:55 | |
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In an interview with Phoenix Chinese news Circle CEO Jeremy Allaire has said that China is the closest to getting a Central Bank Digital Currency (CBDC). China's Phoenix TV interviewed Circle CEO @jerallaire on CBDCs, the internationalization of the Yuan, the rise of USD Coin and the rapidly growing global stablecoin phenomenon. Full interview: https://t.co/Ru29jhLUTj […]
2019-9-12 19:35 | |
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“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.
2019-8-6 21:55 | |
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Bitcoin rose above the $11,800 level on Monday as People’s Bank of China (PBoC) pushed the Chinese Yuan to its decade low. At around 0740 UTC, the BTC/USD instrument established a local high of $11,860, up 6.
2019-8-5 15:00 | |
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Reports confirm Cailu, a Chinese blockchain media firm, raised $10 million USD in a series A round funding led by one of the top VC firms in Singapore, GCBI Ventures. The blockchain firm aims to improve the media content sharing protocols on the internet using the funds raised. The Series A round included a Singapore-based […]
2019-7-7 19:22 | |
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Don’t look now, but the bitcoin price is already surging back from its early July lows to trade comfortably above $11,000. And one fundamental catalyst might have come from an unlikely ally: US President Donald Trump.
2019-7-4 00:51 | |
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OKCoin enables credit card deposits with Simplex partnership - CryptoNinjas OKCoin, a leading fiat-focused digital asset exchange, announced today that it has partnered with Simplex, a FinTech company providing payment processing solutions, to enable international users to make USD deposits via debit or credit card.
2019-6-17 15:56 | |
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Despite Bitcoin’s recent pullback, popular analyst and blockchain investor holds that its price could get to as much as $25,000 by year-end. Main catalysts include the ‘trade war’ between the United States and China.
2019-6-7 23:00 | |
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A former Chinese central bank advisor was denied transferring $20,000 abroad to pay for a vacation. Could increasing capital controls in China be driving Bitcoin price? Chinese Capital Outflow Controls Are ‘Extreme’ Yu Yongding is a former advisor to the People’s Bank of China.
2019-5-31 14:00 | |
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By CCN: Gaining an eye-popping 135%, bitcoin has smoked even the most impressive U. S. stocks this year. Even if you take the top performers from the Dow Jones Industrial Average, S&P 500, and Nasdaq – which are Cisco Systems (CSCO), Xerox (XRX), and Beyond Meat (BYND), respectively – they can’t touch BTC/USD for returns.
2019-5-28 22:15 | |
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New York, May 14th — Bytom announces its launch of 2019 Bytom Global Dev Competition in the Programmable Economy and Digital Assets Conference, one event of New York Blockchain Week hosted by Bytom.
2019-5-18 11:55 | |
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Bitcoin’s hashrate has almost reached its previous all-time high after the significant drop it suffered in December to 35 quintillion hashes per second (exhashes) It’s currently at 50 exahashes per second, close to the 55 EH/s reached in October of 2018.
2019-5-12 02:04 | |
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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.
2019-5-6 12:30 | |
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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.
2019-4-30 09:18 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a […] The post USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire appeared first on AMBCrypto.
2019-4-16 04:30 | |
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Justin Sun is drowning in money with the success of the Tron network. If you doubt that, you should know that the CEO of the Tron Foundation and BitTorrent has just donated $1. 5 million USD to the Hupan University.
2019-4-9 01:48 | |
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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.
2019-4-8 13:06 | |
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As Bitcoin price surged over 27 percent in the past week, traders in China are paying a markup for Tether stablecoins, which offer an easy way to buy cryptocurrencies. Tether Offers China The Easiest Way to Buy Bitcoin Cryptocurrency traders in China are starting to wake up.
2019-4-8 11:30 | |
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The Deputy Minister of Finance of Argentina, Felix Martin Soto, recently went to Beijing, China. There, he met with several investors, including The CEO of Huobi Group, Leon Li. At the meeting, the two executives discussed the future of Argentina and its relationship with cryptocurrencies.
2019-3-30 01:26 | |
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According to a report by South China Morning Post published on January 28, 2019, Galaxy Digital is raising close to $250 million for a credit fund that would offer loans in USD to cryptocurrency businesses.
2019-1-30 14:00 | |
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China’s internet celebrity economy has expanded exponentially in recent years. According to a report released by iResearch, the number of online celebrities in China with more than 100,000 followers has increased by 57.
2018-12-27 22:00 | |
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Bobby Lee seems to be very bullish about Bitcoin’s future. However, the market has been in a bear trend since the beginning of the year and it can reach a new bottom in the near future. Bobby Lee is the co-founder of BTC China, creator of BTCC Mobi and a recognized person in the cryptocurrency community. […]
2018-12-9 12:40 | |
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Thanks to Josh Mandel idea, 23 different businesses in the state of Ohio will begin paying their taxes in Bitcoin. This new “convenience and adaptation” goes to show how BTC is taking root and is nowhere from being quashed despite draw downs that has seen miners in several parts of China auction their gear.
2018-11-26 09:33 | |
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Latest Bitcoin News $250K a Possibility Tim Draper is known for making outrageous comments. But he is adamant that BTC will someday hit $250,000. With less than two months to go, it will be a fairly tale end year if prices surge to half that valuation.
2018-11-12 16:20 | |
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China is important. It is home to the largest Bitcoin mining companies and their citizens are fast adopters. Therefore, the recent court ruling is bullish and could fast-track Bitcoin loss reversal driving prices back above $7,000 in the process strengthening market confidence.
2018-10-29 05:15 | |
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A rumoured partnership with TRON could be the most ambitious by Justin Sun to date. The CEO and founder of TRON founder, Justin Sun is no stranger to high profile announcements. However, the cryptocurrency leader has drawn attention in the past for his showmanship in how he markets his digital currency in the sense that at times he is blatantly promoting TRX.
2018-10-15 14:00 | |
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China’s latest rich list for 2018 sees five billionaires joining China’s wealthiest for the first time thanks to Bitmain’s market lead on cryptocurrency mining. The Hurun Research Institute 2018 Hurun Rich List now includes Bitmain’s founders, CEO and Vice President.
2018-10-15 23:00 | |
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Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange.
2018-10-4 21:30 | |
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Pan-African ecommerce giant Jumia may be about to launch an initial public offering (IPO), if reports are to be believed, valuing the company at around $1 billion USD. According to Reuters, Jumia, which already claims to be Africa’s first “unicorn” based on how much investment it has received, is considering a possible New York listing early next year.
2018-10-2 15:55 | |
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Angelina Kwan, former managing director and head of regulatory compliance for Hong Kong Exchange and Clearing, is taking on the position of COO of BitMEX, one of the largest cryptocurrency exchanges in the world, at a time when the challenges facing these exchanges are greater than ever.
2018-10-2 15:47 | |
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Making use of its proprietary blockchain platform, China’s Bank of Communications (BoCom) has issued residential mortgage-backed securities (RMBS) worth 1. 3 billion USD, per a report published by China Money Network, dated September 28, 2018.
2018-10-1 22:00 | |
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Chart for NEO/USD (1D) Neo (NEO) is a bargain below $50. Many in the crypto community may not see this yet but when China takes a 180 degree turn on cryptocurrencies, the effects will start to appear.
2018-9-20 00:30 | |
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Chart for BTC/USD (1W) Bitcoin (BTC) might be the single biggest winner of the US China trade war that has left investors completely perplexed. The stock market is completely clueless as to what Trump might to next to escalate the trade war.
2018-9-13 17:00 | |
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Three Chinese Hackers Steal $87 Million Worth Of Crypto, Got Caught Since! It has been reported that three Chinese hackers were successful in manipulating and stealing USD$87 million worth of cryptocurrencies, namely that of Bitcoin [BTC], Bitcoin Core [BTC] and Ethereum [ETH].
2018-8-20 20:12 | |
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Three suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD.
2018-8-20 01:40 | |
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The establishment of the Global Digital Finance Capital (GDF) has been announced sequel to the end of the Global Digital Finance Capital (GDF) Conference that was held in Suzhou, China. With a theme of “Digital Unbounded, Finance Unlimited”, the Conference was led by the top blockchain investment institutions – Fenbushi Capital, Davos Forum – WBF […]
2018-8-11 19:05 | |
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Vancouver, BC, Canada - Cozystay Holdings Inc. (Cozystay™) is excited to announce its partnership with Singapore-based Share Everything Lab Pte. Ltd. (SEL) to bring blockchain technology to the vacation-rental sharing economy.
2018-7-20 12:30 | |
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In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018.
2018-7-19 00:30 | |
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In recent cryptocurrency news from China, three cryptocurrency mining hardware manufacturers have been valued at more than $1 billion USD, Bitmain has supported the launch of a research center for digital financial assets at Tsinghua University, and more than 3,000 companies were found to have registered blockchain-themed business names during the first half of 2018.
2018-7-19 00:30 | |
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NEO, one of the main blockchain projects in China, has joined forces with ONT to carry out a significant Airdrop to increase not only the volume but also the number of users of both cryptos. Yesterday, the official NEO blog announced that NEO token holders are going to receive $40 million worth of ONT tokens on […] The post It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop! appeared first on Ethereum World News.
2018-7-13 20:01 | |
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