Tether and Search Engine Data Reveals China Fueling Bitcoin Rally

2019-6-13 10:35

By CCN Markets: Over the past three months, the bitcoin price has risen from $3,911 to $8,120 against the U. S. dollar on major crypto exchanges, demonstrating strong momentum supplemented with a clear rise in volume.

In recent weeks, the interest towards bitcoin on Baidu, the most widely utilized search engine in China, spiked significantly to 2018 levels, which could potentially indicate an increase in the demand for the asset by retail investors. Tether volume similarly indicates a rise in interest towards bitcoin In China, it is not illegal to own or store bitcoin as said by the Bank of China’s

The post Tether and Search Engine Data Reveals China Fueling Bitcoin Rally appeared first on CCN Markets

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China During Crypto Ban: One Woman Tries to Live on Bitcoin

Close to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and, yes, even peer-to-peer, yet the clearly untrue ‘hard’ narrative is […] The post China During Crypto Ban: One Woman Tries to Live on Bitcoin appeared first on Bitcoin News.

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