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Chinese Agency Scraps Plan to Eliminate Bitcoin Mining Industry
China's top economic planning agency has remove bitcoin mining from a list of industries to be phased out from the country. дальше »
2019-11-7 07:58 | |
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No, China Isn’t Banning Bitcoin Mining: Chinese Crypto Insider
Earlier this year, reports arose that China — once one of the cryptocurrency capitals of the world — was looking to ban Bitcoin mining. As reported by NewsBTC at the time, the SCMP reported that the National Development and Reform Commission (NDRC) has revealed a draft list of industrial activities the government is interested in. дальше »
2019-11-6 07:39 | |
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Huawei Signs Strategic Agreement with Chinese Central Bank Digital Currency Research Arm
Per a November 4, 2019, statement from Huawei’s WeChat channel, the multinational telecom titan has signed a strategic cooperation agreement with the People’s Bank of China (PBoC) – China’s central bank. дальше »
2019-11-6 02:00 | |
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Chinese Firm Faces Legal Scrutiny From Government Regulator Due to Blockchain Stock Increase
A relatively unknown Chinese education and porcelain firm is facing investigation by a Chinese regulator. The investigation was ordered when the firm’s blockchain stock surprisingly became among the most desired on the market last week. дальше »
2019-11-5 22:00 | |
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Chinese Government Unveils New Blockchain-Based ID System for Smart Cities
Three partnering institutes in Shijiazhuang, China have published an independent ID system for the country’s future smart cities. The initiative will be managed, of course, by the government. дальше »
2019-11-6 20:10 | |
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The Dow’s Red-Hot Rally Faces a Critical Test Today
The Dow, S&P 500, and Nasdaq all rose on Tuesday, putting them on track to close at fresh all-time highs. The US Stock market is basking in risk-on sentiment derived from reports that Trump will begin unraveling tariffs on Chinese imports. дальше »
2019-11-6 17:38 | |
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A Return to Sound Money is the Major Threat to Bitcoin, Says Peter Schiff
During his most recent appearance on Kitco, Max Keiser suggested that if the Chinese national cryptocurrency should be backed by gold, then this would be a massive blow against the USD and very bullish for Bitcoin. дальше »
2019-11-5 14:00 | |
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Ethereum at $1000, Other End-Of-Year Predictions Made by Well-Known Investor
The Chinese Ministry of Industry has recently released rankings for 14 of its cryptocurrency projects. In it, EOS topped the list, followed by TRON and Ethereum. These positive news come at a very interesting time for cryptocurrencies. дальше »
2019-11-5 12:33 | |
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Altcoins Leading Crypto Market Gains, Are Pump And Dumps Back?
A further $6 billion has been added to total crypto market capitalization over the past 24 years and it is altcoins that are leading the gains. A big dose of Chinese FOMO boosted home grown projects there and Stellar’s coin burn is igniting them this morning, but are they destined to dump again? Crypto Cap. дальше »
2019-11-5 08:45 | |
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China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin
Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain, and smart contracts. дальше »
2019-11-5 07:00 | |
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Altcoin Market Cap Will Continue to Increase, Suggests Analyst
The cryptocurrency market has been increasing since the beginning of 2019. However, this increase has not been equally divided between Bitcoin and altcoins. The Bitcoin price has increased at a faster rate, causing the altcoin market cap dominance to decrease. дальше »
2019-11-5 03:28 | |
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Blockchain not Crypto: Chinese State Media Outlets Touts Decentralized Technology Utility
Whilst Europe and the United States continue to show reticence about crypto and blockchain technology, China appears to be going full steam ahead with many state actors talking up the potentials inherent in decentralized technology. дальше »
2019-11-5 02:00 | |
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Are Chinese Blockchain Venture Capital Firms Back In The Crypto Game?
Most Chinese blockchain-focused venture capital firms deserted the market following the crypto crash of 2018. A large majority are set to return as blockchain adoption in China booms. Chinese blockchain venture capital firms are set for a resurgence, that will help make up for the tragedies of last year’s crypto crash. This comes after the […] дальше »
2019-11-5 01:01 | |
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Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. дальше »
2019-11-4 21:50 | |
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China Smart City Initiative Set to Integrate Blockchain ID System for Data Sharing Connectivity
The Chinese smart city initiative will integrate blockchain technology to manage identification profiles across the cities. The initiative, contextualized in 2012 and officially started construction in 2016, ranges over 500 test city projects with a 20% target of operational smart cities by 2020 in the country. дальше »
2019-11-4 19:58 | |
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Chinese are Not Coming to Bag Bitcoin: Analyst
The bitcoin price climbed by more than 40 percent after China’s President Xi Jinping endorsed blockchain technology in his speech on October 25. Global outlets were quick to correlate the two events, stating that investors [probably] increased their holdings in bitcoin, hoping that the Chinese people would also do the same by taking cues from. дальше »
2019-11-4 19:24 | |
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Chinese State Media: ‘Innovation in Blockchain Not Equal to Virtual Currency Speculation’
The Chinese Communist Party’s main media outlet, the People’s Daily, has just published commentary on blockchain technology. The article extols blockchain’s promise but warns against speculative cryptocurrencies. дальше »
2019-11-5 15:10 | |
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How Chinese VCs Could Boost Home Grown Crypto Platforms
Recent developments in the People’s Republic have not just excited Bitcoin holders. A bullish wave of momentum has flooded back into the blockchain and crypto scene as venture capitalists return to take a second look at what’s hot in the fledgling industry. дальше »
2019-11-4 07:30 | |
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The Trade War and Superpower Race is Boosting the Case for Digital Currency
Chinese President's recent announcement regarding accelerating the use of blockchain technology followed by the passing of crypto law and the impending launch of the central bank-issued digital currency fits perfectly with China's plan of world domination. дальше »
2019-11-3 22:00 | |
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LocalBitcoins Purchases in Chinese Yuan Currency Reach an All-Time High
Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […] дальше »
2019-11-3 18:36 | |
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After Painful 2018, Chinese Blockchain VCs Are Getting Back Into the Market
After the crypto market crash last year, Chinese venture capital firms are taking another look at blockchain. дальше »
2019-11-3 12:46 | |
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Another Chinese Lender Bailed Out After Bank Run
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […] The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News. дальше »
2019-11-3 10:35 | |
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Bitcoin’s value proposition bolstered as China sees sudden bank run
For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate. дальше »
2019-11-3 01:57 | |
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Crypto exchange legalization in China is not true says Binance CEO
Binance CEO Changpeng Zhao has clarified that rumors circulating about the “legalization” of crypto exchanges is simply misleading. Not a crypto exchange license but a generic business registration On Oct. дальше »
2019-11-3 13:50 | |
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The Next ‘Altseason’ Could Be Stronger Than Before, Analyst Notes
Throughout 2019, almost the entirety of the cryptocurrency market has been on an upward trend. This movement, however, has had a higher rate of increase in the Bitcoin price than that of major altcoins. дальше »
2019-11-2 05:34 | |
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China’s “Over-Obsessive Control” is the Main Motivation for Its DCEP Digital Currency Initiative
After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […] дальше »
2019-11-2 22:24 | |
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China to Issue ‘Cryptocurrency Trading Licenses’ for Exchanges
There have been reports that cryptocurrency exchanges in China will soon be legal and regulated. A leak of one of the issued licenses circulated online today. Chinese blockchain enthusiast Crypto Even (@Crypto_Even) released a screenshot of a Chinese state license for a cryptocurrency trading service. дальше »
2019-11-1 18:44 | |
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Will Bitcoin Solve Chinese Banking, Household Debt Woes?
China’s economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead. дальше »
2019-11-1 15:00 | |
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EOS Leading the Charge in Chinese Cryptocurrency Project Rankings
China’s Ministry of Industry has been releasing its rankings of cryptocurrency projects for quite some time, having released a total of 14 versions of the rankings. In the most recent version, EOS was on top of the list, followed by TRON and Ethereum. дальше »
2019-11-1 14:32 | |
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Dow Futures Jump Thanks to China Data But There’s Danger Ahead
Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country. дальше »
2019-11-4 13:42 | |
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Make It Or Break It Time For Bitcoin, Rally In Jeopardy If Support Is Lost
Bitcoin markets are on fire once again, following a massive price spike last weekend on the heels of news Chinese President Xi Jinping spoke out in support of the blockchain technology Bitcoin is built on. дальше »
2019-10-31 22:00 | |
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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars
Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto. дальше »
2019-11-1 21:29 | |
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Beijing Bombshell Casts Doubt on Comprehensive Trade Deal With ‘Impulsive’ Trump: Bloomberg
Chinese officials are worried that U. S. President Donald Trump’s impulsive nature could scuttle a deal. U. S. trade negotiators and Trump himself are unlikely to meet the demands of the Chinese. дальше »
2019-11-1 17:45 | |
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Bitcoin: The next 36-48 hours look gloomy; $7,800 ahead?
Bitcoin has been on a rocky ride for the past week, considering its dip and the immediate and exponential pullback. The price closed after a 35% hike, but it shot up by 38% in over 16 hours. Some speculated that this was due to Chinese President Xi Jinping’s blockchain announcement, while others attributed this rise […] The post Bitcoin: The next 36-48 hours look gloomy; $7,800 ahead? appeared first on AMBCrypto. дальше »
2019-11-1 17:30 | |
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Bitcoin’s Price Movement ‘Looks Terrible,’ Claims Analyst
Today, more positive news for the cryptocurrency industry flowed in when the Chinese government announced that it was releasing a series of instructional videos on cryptocurrencies — including specific ones on Bitcoin and Ethereum. дальше »
2019-11-1 17:12 | |
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China Bans All Forms of Criticism of Bitcoin and Blockchain Technology
Coinspeaker China Bans All Forms of Criticism of Bitcoin and Blockchain TechnologyThe Chinese have decided to censor anti-Bitcoin and anti-blockchain forms of expression in an effort to support the blockchain community and the cryptospace. дальше »
2019-10-31 13:04 | |
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The Xi Effect – Chinese Government to Fund Blockchain Projects
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. дальше »
2019-10-31 10:04 | |
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Chinese Government Releases 25 Video Lessons on Blockchain, Bitcoin, and Ethereum
The Publicity Department of the Central Committee of the Communist Party of China (CCPPD) has just released 25 instructional videos aimed at educating the public on blockchain technology. The video series even includes information on Ethereum and Bitcoin. дальше »
2019-10-31 08:24 | |
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