2021-4-26 13:00 |
The yuan rose during the pandemic amid US consumer demand for Chinese products. origin »
Bitcoin price in Telegram @btc_price_every_hour
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It seems that a wave of CBDCs will be upon the crypto world soon. China is actively rolling out its digital yuan, France is testing the digital euro, and calls for the United States to begin work on a digital dollar grow louder by the day.
2021-3-27 18:58 | |
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Bitcoin traders used to treat a weaker yuan as their cue to increase their exposure in the cryptocurrency. But it now appears they want to keep holding Bitcoin even against a rising Chinese currency.
2020-9-19 12:00 | |
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By CCN: There’s a reasonable possibility that demand for Bitcoin is being driven from China, according to CryptoSlate’s Ali Martinez. Officially speaking, China doesn’t have crypto trading anymore.
2019-6-8 09:16 | |
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As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that.
2019-5-25 07:00 | |
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This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought.
2019-4-13 19:07 | |
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CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.
The exchange rate for the euro-U.S. dollar currency pair has been trading in a narrow range for six years. Is that about to change?
We analyze how the currencies of eight major commodity-exporting nations, from Australia to Brazil to South Africa, performed during the year of the virus.
A currency tends to rise against its peers when its country contains the spread of the virus, and this is reflected in moves in the dollar, euro and yuan.
Major currencies such as the euro, pound and yuan are being impacted, to a certain extent, by the state of the coronavirus in their respective countries.
The dollar retreated this summer amid the change to a less optimistic narrative of the US economy, growing budget deficits, and rising political risk.