Bulls Failed $1800, Eying US Yields, China’s GDP
Gold bulls retreated from the $1,800 level as the US yields rose after positive US data. Greenback may remain strong amid the slow growth rate in China. Technically, the bears… Read more »
Tag: Chinas
China’s BSN to Launch Portals in Turkey, Uzbekistan
China’s Blockchain Services Network is set to launch portals for its international versions in Turkey and Uzbekistan, according to a press release. Red Date Technology, the BSN’s architect firm, signed… Read more »
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
Chinese regulatory authorities gave yet another shock to the cryptoverse by imposing a ban on all cryptocurrency transactions on Sept. 24. This measure came just as the market was beginning… Read more »
China’s Ban On Crypto-Assets Forces Huobi Mining Pool To Rotate 100k Bitcoin
The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations…. Read more »
China’s crypto holdouts: Bitcoin nodes and OTC desks struggle on
Despite Beijing’s ever-increasing crackdown on the crypto industry, there are still some signs of life in the People’s Republic regarding the Bitcoin network and OTC trading. China intensified its clampdown… Read more »
UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges
On Friday, the People’s Bank of China (PBOC) declared all virtual currency-related activities illegal, banning offshore exchanges from serving mainland Chinese users. The statement also disqualified tether, the largest stablecoin… Read more »
China’s BSN Builder Is Registering a Nonprofit in Singapore to Manage International Arm
Red Date Technology, the company developing China’s Blockchain Services Network (BSN), wants the project to move past its government roots as it pushes for international expansion in a tumultuous geopolitical… Read more »
Dogecoin Price Drops Almost 10% Following China’s Crypto Ban
Dogecoin’s price has dropped almost 10% following China’s statement that crypto transactions and services are illegal in the nation. As China Declares Crypto Transactions Illegal, Dogecoin Plunges Almost 10% According… Read more »
China’s Latest Crypto Crackdown Draws Yawns From Bitcoin Market Vets
“Yet again, the Chinese government has cracked down on bitcoin. Since 2013, it has done so at least seven times now – and twice this year already. While each time… Read more »
All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental… Read more »