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China has made its move, the ball is now in America's court
In the light of China declaring all crypto transactions illegal, both memes and FUD flew around the market. Meanwhile, experts and analysts shared their takes on the development. On 25 September, RThe post China has made its move, the ball is now in America's court appeared first on AMBCrypto. дальше »
2021-9-26 03:30 | |
Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced.
дальше »2021-9-25 23:23 | |
China’s “Great Mining Migration” Leads Cryptocurrency Firms To Relocate
The recent move from China to crack down on cryptocurrency mining caused Bit Digital Inc to change its plan. Instead, the Nasdaq listed company intensified its efforts of acquiring over 20,000 computer systems from another country. дальше »
2021-8-24 12:00 | |
Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban
The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely. The post Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban appeared first on CryptoSlate. дальше »
2021-7-27 20:00 | |
Why China’s Renewed Bitcoin Crackdown Isn’t Telling On Many Significant Levels
Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […] дальше »
2021-7-9 22:32 | |
Great Migration of Bitcoin Hashpower Sees 50% Of Miners On The Move – A Look At The Magnitude Of This Event On The Market
The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from China in huge numbers, but is, however, not forcing these miners to spend their accumulated Bitcoins as would be expected. […] дальше »
2021-7-6 16:47 | |
IBC Group to end Bitcoin and Ethereum Mining in China, and Move Staff to UAE, Canada, USA, Kazakhstan, Iceland, and Various South American Countries
The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The group, which has... дальше »
2021-7-6 19:08 | |
Brian Armstrong Says China’s Digital Currency Is A Threat To U.S.
Brian Armstrong strongly argues that China’s Central Bank Digital Currency will pose a threat to the U. S. Armstrong sees the CBDC as a move that will disrupt the United States reserve currency in the long run. дальше »
2021-7-4 11:52 | |
After Chasing Off Bitcoin Miners, China Launches New Test For Digital Yuan
China’s Digital Currency Electronic Payment (DCEP), also called Digital Yuan or e-CNY, will be tested on Beijing’s Subway. The Asian Giant has launched a fresh crackdown on the crypto industry and seems to be preparing for a big move on their DCEP project. дальше »
2021-7-1 17:46 | |
Bitcoin and China: Why this move cannot be 'underestimated'
China’s crackdown on cryptocurrency mining operations in the country was widely discussed in the last couple of months. Several conversations around this development are emerging, be it in the mediaThe post Bitcoin and China: Why this move cannot be 'underestimated' appeared first on AMBCrypto. дальше »
2021-6-29 06:00 | |
The Price of Graphics Cards Plummet in China After Bitcoin Mining Crackdown
Meanwhile, Nvidia Corp. continues to push for a chip just for cryptocurrency miners where the CEO said they “learned to move faster,” to prioritize its gamer customer base and immune themselves from the worst of any potential crash. дальше »
2021-6-24 19:16 | |
Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market
Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »
2021-6-23 12:54 | |
Alipay, banks, and lenders join PBoC in boycotting crypto
China recently cracked down on cryptocurrencies once again, this time by essentially kicking out Bitcoin miners. The move caused the BTC/USD price to crash over the last week, and particularly over the weekend. дальше »
2021-6-22 11:20 | |
China’s Central Bank Orders Institutions To Block Crypto Transactions
The People’s Bank of China (PBOC) said on Monday it has ordered banks and payment institutions to crackdown on crypto. The move comes after the nation enforced a series of mining shutdowns, the latest of which took place in Sichuan. дальше »
2021-6-22 16:36 | |
Huobi limits derivatives trading leverage to 5x for its current users
Huobi, the largest crypto exchange in China, has limited the amount of leverage it offers its users. This move is in response to mounting concerns over the current regulatory policy in China. Reportedly, the exchange also barred new Chinese users from using its platform. дальше »
2021-6-18 23:27 | |
The 4th Richest Bitcoin Whale bought 12,000 bitcoins at an average price below $40k in past three weeks
Yesterday’s sell-off might just be the dumbest move we saw happen in the bitcoin crypto market. People were panicking all over again, but this time- it was not China FUD or any mining-related issue; it was mainstream media and US government officials spreading fake news on bitcoin wallets being hacked. дальше »
2021-6-10 20:42 | |
China Aims to Have World’s Most Advanced Blockchain Tech by 2025
In a move contrasting its stance on cryptocurrencies, China has issued guidelines for blockchain development within the country. The post China Aims to Have World’s Most Advanced Blockchain Tech by 2025 appeared first on BeInCrypto. дальше »
2021-6-8 17:05 | |
Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients
Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […] дальше »
2021-6-2 22:34 | |
It’s not the first time – HSBC responds to China’s recent crypto regulation
According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies. дальше »
2021-5-24 14:45 | |
MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle
The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »
2021-5-22 18:06 | |
Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect
This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide. дальше »
2021-5-20 18:09 | |
One of China’s biggest miners expects Bitcoin bull run to end in 2022
One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources. The post One of China’s biggest miners expects Bitcoin bull run to end in 2022 appeared first on CryptoSlate. дальше »
2021-3-23 17:47 | |
China’s beauty app Meitu invested over $22m in Ethereum (ETH)
Elon Musk’s Tesla made massive waves in the crypto industry when it was revealed that it bought $1. 5 billion worth of Bitcoin. Now, China’s beauty app, Meitu, decided to mirror its move by investing over $20 million in Ethereum (ETH), causing Ethereum’s price to jump by over 6%. дальше »
2021-3-8 17:02 | |
China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
China’s Tencent Partners with ShareRing for Blockchain ID Management
Chinese conglomerate Tencent is working with blockchain startup ShareRing to develop a decentralized ledger technology (DLT) base layer for more efficient identity management systems. The move is part of efforts to use the technology to bootstrap a recovery in the travel and tourism sector, which has been one of the hardest-hit industries by the coronavirus […] The post China’s Tencent Partners with ShareRing for Blockchain ID Management appeared first on BeInCrypto. дальше »
2020-11-17 16:59 | |
China Construction Bank to Sell $3 Billion Debt Bond on Blockchain
Blockchain technology has given companies the opportunity to move from traditional operating methods to simpler methods. The latest developments in China confirm this point. $3 Billion Bond Set for Sale via Bitcoin China Construction Bank, the world’s second-largest bank, announced plans to sell $3 billion in debt to the public through Bitcoin. дальше »
2020-11-12 15:00 | |
Leading Chinese chemical firm embraces the blockchain to cut costs
Sinochem Energy High-Tech, a state-owned petrochemical giant in China, has rolled out a blockchain warehouse receipt platform. A report unveiled this news on October 16, noting that this move aims to address the rising cost of operations and trade financing. дальше »
2020-10-17 20:15 | |
Japan’s Central Bank to Launch Its Digital Yen Pilot in 2021; China’s CBDC Accelerating Timeline
Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen. дальше »
2020-10-9 17:44 | |
China’s Digital Yuan Is Legally Compensatory to Local Fiat Currency
Coinspeaker China’s Digital Yuan Is Legally Compensatory to Local Fiat CurrencyThe digital yuan introduction is seen as a silent way for the Chinese government to make a huge move in accordance with the global market need and also a way to control the fast-growing ‘uncontrolled’ crypto industry. дальше »
2020-9-15 16:24 | |
Huawei Plans to Launch Harmony OS on Smartphones in 2021
Coinspeaker Huawei Plans to Launch Harmony OS on Smartphones in 2021Amid restrictions from the U. S. government, China’s Huawei revealed its plan to switch from Android to Harmony OS in a move to create a stable alternative. дальше »
2020-9-10 15:24 | |
Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report Says
Coinspeaker Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report SaysChainalysis reported that at least $50 billion of cryptocurrency moved from China-based digital assets to other parts of the world in 2019 hinting at capital flight from Beijing rules. дальше »
2020-8-21 17:55 | |
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. дальше »
2020-8-10 10:30 | |
CFTC Tech Advisory Meeting Features Possible Fed-backed CBDC Scenarios
The CFTC Technical Advisory Committee (TAC) discussed a Fed-backed digital currency in the latest remote meeting which it held last week. This comes as more jurisdictions move to consider CBDC's following China's progress in this space and the COVID-19 pandemic that has since raised the need for digital money. дальше »
2020-7-24 18:59 | |
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 | |
Hong Kong Residents Rushing to US Dollars as the US-China Cold War Intensifies
China is moving closer to impose a new national security law in Hong Kong following months of violent pro-democracy protests last year. This has expats and anyone who can afford to flee Hong Kong and move to other countries. дальше »
2020-6-1 16:53 | |
PBC Governor says China has no launch timetable for the Digital Yuan
The People’s Bank of China has reiterated that the Digital Yuan is still at the testing phase and there is no set timetable for the official launch The Governor of the People’s Bank of China (PBC) Yi Gang has reportedly told a panel at a meeting that the country’s move towards launching a central bank-issued […] The post PBC Governor says China has no launch timetable for the Digital Yuan appeared first on Coinjournal. дальше »
2020-5-27 20:07 | |
China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter
China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners. дальше »
2020-5-23 19:00 | |
South Korea Plotting $400 Million Blockchain War Chest to Challenge China
South Korea’s government is reportedly exploring a $400 million blockchain R&D fund to boost its emerging digital economy and stay apace with China’s growing dominance in the sector. According to ZDNet Korea, the country’s Ministry of Science and Technology will at the end of the month decide on whether to move forward with a planned […] The post South Korea Plotting $400 Million Blockchain War Chest to Challenge China appeared first on BeInCrypto. дальше »
2020-5-15 23:11 | |