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Stock Markets Plummet as Trump Threatens Additional Tariff on Chinese Imports
Coinspeaker Stock Markets Plummet as Trump Threatens Additional Tariff on Chinese ImportsStock markets including the Dow and Nasdaq were hit with losses after U. S. President Trump announced a 10% increase in tariffs of about $300 billion worth of Chinese imports. дальше »
2019-8-2 16:46 | |
Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report
The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U. S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. дальше »
2019-7-31 13:45 | |
Are Tron & Justin Sun Playing a Sneaky Game of 4-D Chess?
According to CNBC Africa’s Ran NeuNer, TRON CEO Justin Sun was forbidden to take part in the Warren Buffett lunch due to the ongoing trade tensions between China and the United States. The unnamed source claims the Chinese government found Sun’s promotion of the lunch “provocative” and suggests it won’t take place at all. дальше »
2019-7-28 18:51 | |
China Can Crush Facebook’s Libra With Its Digital Currency: Huawei CEO
The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook’s planned cryptocurrency Libra could dominate the world at the expense of China and its tech firms, Sina reports. дальше »
2019-7-26 14:10 | |
Justin Sun Issues Strange Apology in Wake of Warren Buffett Debacle
Justin Sun, who is in San Francisco, made a very strange post on Chinese social media site Weibo today. Repeatedly apologizing for his recent “over-marketing,” Sun praised China’s brand of socialism. дальше »
2019-7-25 03:20 | |
Nintendo and Tencent to Shed Light on Risky China Switch Launch
Following rife speculation, the partnership between Nintendo and Tencent to bring the Switch console to China has shifted up a gear. As reported by Niko Partners Analyst Daniel Ahmad and in a joint announcement on Chinese social media platform Weibo, Tencent’s senior VP Steven Ma and Nintendo senior executive officer Satoru Shibata will take to […] The post Nintendo and Tencent to Shed Light on Risky China Switch Launch appeared first on CCN Markets дальше »
2019-7-25 00:30 | |
Tencent Antstream Funding Signals Designs on Cloud Gaming Market
UK-based retro streaming platform Antstream has secured the support of Tencent in a Series A funding round. The Chinese gaming behemoth is looking to make inroads into the cloud gaming market by tapping into the nostalgia of retro gaming. дальше »
2019-7-24 22:35 | |
Tron CEO Justin Sun Surfaces, DENIES ‘Completely Untrue’ Rumors
Tron CEO Justin Sun has finally emerged to deny allegations that he is on the lam and not, as he said yesterday, suffering from kidney stones. Do Chinese Cops Want You or Not, Justin Sun? Caixin, a Chinese financial publication, earlier reported that a government panel had reviewed Sun’s business activities – between his […] The post Tron CEO Justin Sun Surfaces, DENIES ‘Completely Untrue’ Rumors appeared first on CCN Markets дальше »
2019-7-24 20:52 | |
Justin Sun Rejects Chinese Media Smear of a Greedy Lying Criminal
Rumors are swirling once again around Tron founder Justin Sun. Sun announced yesterday that he would not be attending his $4.57 million lunch with Warren Buffett tomorrow. Where In The World Is Justin Sun? Hint: Not San Francisco First revealed by CoinDesk correspondent Wolfie Zhao, Chinese publication 21st Century Business Herald lambasted Sun just hours […] The post Justin Sun Rejects Chinese Media Smear of a Greedy Lying Criminal appeared first on CCN Markets дальше »
2019-7-23 18:30 | |
HPB the First Public Chain to Join Major Chinese Multi-Platform Credits & Rewards Points System
– Fully integrating HPB into Shanghai Youwan’s credit system for widespread adoption with companies that are within the credit system, such as all companies under the Ping An Group, JD. com, and the Chinese telecom companies HPB has landed a milestone partnership with Shanghai Youwan (www. дальше »
2019-7-23 14:49 | |
Iran Legalizes Crypto Mining Within Days of a Chinese Plea for ‘Better Conditions’
Iran is legalizing crypto-mining, giving a boost to this activity which was already booming despite the unfavorable position of the authorities. According to the Iran Chamber of Commerce, Industries, Mines and Agriculture, the government decided to give the green light to this activity, promoting a series of legal reforms that put an end to a […] The post Iran Legalizes Crypto Mining Within Days of a Chinese Plea for ‘Better Conditions’ appeared first on CCN Markets дальше »
2019-7-23 12:32 | |
TRON founder Justin Sun cancels lunch with Warren Buffett due to health complications
TRON and BitTorrent CEO Justin Sun just canceled his lunch with Warren Buffett due to sudden health complications just three days ahead of the meeting, according to a post on Weibo. Within the hour Dovey Wan, founding partner of Primitive Ventures and expert on the Chinese cryptocurrency markets, posted a screenshot of an announcement from […] The post TRON founder Justin Sun cancels lunch with Warren Buffett due to health complications appeared first on CryptoSlate. дальше »
2019-7-23 02:04 | |
Bitcoin Declared Legal Commodity In Chinese Court
Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year. дальше »
2019-7-20 02:54 | |
Bitcoin Declared Legal Commodity in Chinese Court
Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year. дальше »
2019-7-19 02:54 | |
China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally
Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. дальше »
2019-7-14 22:30 | |
Why Bitcoin Miners Are Fleeing China for Iran
Mounting cryptocurrency regulations have some Chinese bitcoin miners fleeing the world's second-largest economy. Their surprise destination? Iran. According to the Managing Director of the Iran Blockchain Association, Mohammed Sharqi, talks have already started between interested parties. дальше »
2019-7-11 20:30 | |
Ponzi scheme victims storm Tron office; police called in to protect staff
Ponzi schemes in the crypto ecosystem can be traced back to every single bull run that attracted a new wave of naive investors. Although such scams maintain its stronghold within the budding markets, Tron made headlines after being linked to a billion-dollar Ponzi scheme with Chinese investors. дальше »
2019-7-8 18:02 | |
Tron’s Justin Sun Didn’t Cause a Suicide – But He Didn’t Stop It Either
TRON (TRX) founder Justin Sun found himself at the center of a $30 million controversy this week, after burned investors in a Chinese Ponzi scheme claimed Sun was complicit for their losses. Victims of the Ponzi say Sun’s failure to denounce the scheme – which purported to be associated with TRON – caused more damage […] The post Tron’s Justin Sun Didn’t Cause a Suicide – But He Didn’t Stop It Either appeared first on CCN Markets дальше »
2019-7-6 16:01 | |
Apple, Facebook and Netflix Poised to Take Out All-Time Highs
With the trade war between the U. S. and China thawing, investor sentiment swung from jittery to optimistic very quickly. The trade truce pushed U. S. markets higher as the dreaded 25 percent tariff on Chinese goods was put on hold. дальше »
2019-7-3 21:45 | |
Tesla & Apple Stock Blast Higher as Trade War Thaws
Tesla stock and Apple stock are on the move, thanks to positive developments regarding the tariff war with China. A Slight Thaw in The Trade War During the G20 meeting, President Donald Trump met with Chinese President Xi Jinping. дальше »
2019-7-2 01:03 | |
Thawing US-China Trade War Tensions Not ‘Hurting Bitcoin’
President Donald Trump stunned the world Saturday with the announcement of a ceasefire in the U. S. China trade war. After a high stakes face-to-face meeting with Chinese President Xi Jinping, Trump told reporters that he would be holding off on the threat of more tariffs on $300 billion in Chinese imports. дальше »
2019-6-30 00:00 | |
Dow Edges Higher While G20 Leaders Mull Sweeping Crypto Rules
The Dow Jones cautiously inched up as Day 1 of the G20 Summit unfolded in Osaka, Japan. The US stock market and global financial markets have been careening uneasily for weeks amid trade tensions between US President Donald Trump and Chinese President Xi Jinping. дальше »
2019-6-29 18:04 | |
Dow on Edge as Xi Prepares to Slap Trump With Sweeping Demands
The Dow struggled for conviction during the week’s penultimate trading session, as Wall Street remained on edge ahead of President Trump’s high-stakes meeting with Chinese President Xi Jinping. Dow Struggles to Extend Its Bullish Momentum Wall Street's major indices diverged during the Thursday morning session. дальше »
2019-6-28 16:34 | |
Chinese Tech Moguls Cite Regulation as Chief Crypto Concern
By CCN Markets: The China Ledger quoted Pony Ma (Ma Huateng) as saying that blockchain technology is mature, but regulation needs to allow for it. Binance CEO Changepeng Zhao took the opportunity to expand on the idea including the government’s role in crypto. дальше »
2019-6-19 20:35 | |
NEO Price Could Skyrocket by 264%, Forecasts Analyst
By CCN Markets: Many large-cap cryptos such as Litecoin and Ethereum have soared in the last few weeks. While these cryptocurrencies have been enjoying substantial gains, others, including NEO, have not fared as well. дальше »
2019-6-19 00:00 | |
Dow Ignores Trump’s Threat to Slam China With Double Tariffs
By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an interview with ABC News on Sunday night, Trump said he was ready to go all in on tariffs in a bid to twist China’s arm. дальше »
2019-6-18 14:43 | |
Facebook, Binance, Chinese Yuan Combine to Boost Bitcoin above $9000
By CCN Markets: The price of bitcoin (BTC) on Sunday surged above $9,300 to establish a fresh year-to-date high. The bitcoin-to-dollar exchange rate touched $9,388 at 0600 UTC — its highest since May 30 — on San Francisco-based cryptocurrency exchange Coinbase. дальше »
2019-6-17 18:45 | |
BabelFinance: We Have Given Out $110 Million in Crypto Loans Mostly to Chinese Entrepreneurs
BabelFinance, a crypto financing firm reported on Wednesday that it had given out about $110 million in form of crypto loans since inception in July 2018. The company says that most of its loans have been offered to Chinese entrepreneurs. дальше »
2019-6-14 23:58 | |
Bitcoin Can Be a Hedge During Persistent Liquidity Crises: Grayscale
By CCN Markets: Global financial crises are on the rise, thrusting bitcoin into the spotlight. Legendary investor Warren Buffett called bitcoin “rat poison squared,” but it turned out to be nectar, nevertheless. дальше »
2019-6-14 23:00 | |
Chinese Crypto Trader Commits Suicide After Losing 2,000 BTC in Single Trade
Cryptocurrency trading isn’t for the faint of heart, and unfortunately for one trader, he found this out too late. The trader took his life after he lost 2,000 bitcoins in a single trade. He had placed a bet with a 100x leverage, but the markets didn’t go his way. дальше »
2019-6-13 18:29 | |
Chinese Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet
By CCN Markets: A Chinese Bitcoin trader has allegedly committed suicide after he lost investor’s money in a highly leveraged trade position. According to 8btc, Hui Yi lost 2,000 Bitcoins after he entered a short position which was liquidated after it went in the opposite direction. дальше »
2019-6-12 15:18 | |
Chinese Market Plays a Larger Role in Bitcoin’s Dynamic Price Movements Than Previously Imagined
As per a number of research studies, the Chinese economy has been having a direct influence on the price of Bitcoin for the past 3-4 years. Even today, China still houses one of the largest crypto OTC markets in the world. дальше »
2019-6-7 17:52 | |
Morgan Stanley Fears Trade War Recession in 2020 as Stock Market Burns
By CCN: Morgan Stanley’s chief economist expects a global recession in three quarters if the trade war escalates, CNBC reported Sunday. In May Donald Trump hiked tariffs on Chinese imports from 10% to 25%. дальше »
2019-6-3 10:56 | |
Moments Of Clarity: Owning Bitcoin Is Not Illegal In China After All
China is currently one of the countries with heavily regulated markets, and most especially the crypto market. In fact, the Chinese government seems to be heavily anti-cryptos and mining, although it does encourage the propagation of blockchain technology. дальше »
2019-5-22 13:45 | |
TikTok’s owner is reportedly launching a music streaming app in July
Yesterday, Chinese company ByteDance – which owns TikTok, Helo, and Vigo Video – launched a chat app called Flipchat. Now, a new report from Bloomberg suggests its reportedly launching a music streaming app this year. дальше »
2019-5-21 16:45 | |
Bitcoin Awaits Big Bull Run as China Hits U.S. Back with New Tariffs
The bitcoin price surged 10 percent in the 24 hours and the sentiments are switching back to the buying side as tensions in the global markets escalate. The Chinese Finance Ministry announced Monday that it plans to raise tariffs on $60 billion worth of US imports. дальше »
2019-5-14 15:04 | |
Trump Advisor’s Shock Admission Threatens to Rock Stock Market
By CCN: Top Trump advisor Larry Kudlow admitted to Fox News’ Chris Wallace that “both sides will suffer” over the Trump administration’s U. S. -China trade war. You should expect the stock market will take heed of the likely loss of billions of dollars in business for the American automobile, agricultural, and tech industries when the bell rings on Monday. дальше »
2019-5-13 23:30 | |
5 U.S. Stocks That Offer Shelter From Trump’s Trade War Dumpster Fire
By CCN: President Donald Trump’s trade war aggression on both the European Union and Chinese fronts has already dealt a major blow to many American industries. Worst hit are the automobile and agriculture sectors, the collateral damage of Trump’s trade wars. дальше »
2019-5-13 16:22 | |
Dow Reverses Brutal Loss as Tame Inflation Keeps Fed Hawks at Bay
By CCN: The Dow and broader U. S. stock market were under pressure Friday morning after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing. дальше »
2019-5-11 23:05 | |
Gold Hits 3-Week High as US-China Trade War Makes Investors Nervous, Will Bitcoin Follow?
After US President Donald Trump’s threat to impose new tariffs on Chinese exports, global stock markets took a fall. On Wednesday, Dow Jones ended down 1. 8%, S&P 500 fell for the fourth session, closing 1. дальше »
2019-5-8 18:47 | |
Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600
By CCN. com: In the last 24 hours, following a strong week, the bitcoin price slipped by around $157, dropping by nearly two percent against the U. S. dollar amidst an insense stocks sell-off. The Dow Jones is set to open with a 500-point drop after U. дальше »
2019-5-6 17:24 | |
Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
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. дальше »
2019-4-17 20:52 | |
Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
Chinese Markets Reveal Strong Bitcoin Buys With Tether Fueling The Crypto Market Money Inflow
Chinese Markets Reveal Strong Bitcoin Buys With Tether Fueling The Money Inflow With Tether (USDT) primarily fuelling the current rally as Tether volumes take a significant hike, BTC is seeing strong buys from the Chinese market as USDT premium goes up. дальше »
2019-4-8 20:22 | |
Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin
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. дальше »
2019-4-8 13:06 | |