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Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
25.7.2024
China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy
Asian Markets Cashed out During Recent Gold Rally
23.7.2024
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while...
Is Trump right to worry that China could ‘take over’ crypto?
23.7.2024
Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC?
Bitcoin bulls aim for $72K after BTC futures premium hits a 5-week high
22.7.2024
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high
Bitcoin trader sees 2 months to all-time high as China cuts key rates
22.7.2024
Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance
Bitforex reopens for withdrawals after police investigation
19.7.2024
After roughly five months of silence, the crypto exchange Bitforex claimed that the police in Jiangsu Province had detained its team members in February
Kazakhstan pays for rail line to China using programmable CBDC
19.7.2024
The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses
BitForex to Open for Withdrawals Following Chinese Police Investigation
19.7.2024
Cryptocurrency exchange BitForex said it will open for withdrawals following a five-month outage spurred by an investigation by the Jiangsu Province police in China
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
18.7.2024
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term
Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection
18.7.2024
Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed...
Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’
17.7.2024
In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy...
Bitcoin L2s help crypto miners in Asia supplement income with staking
17.7.2024
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving
Bitcoin L2s help crypto miners in Asia supplement income with staking
17.7.2024
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
16.7.2024
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece...
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
15.7.2024
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
15.7.2024
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
15.7.2024
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety
China and Kazakhstan Sign CBDC Collaboration Agreement
13.7.2024
The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint...
China Halts Gold Buying for Second Consecutive Month
10.7.2024
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022...
China leads the world in gen AI adoption but falls behind in full implementation
9.7.2024
A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology