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Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China


The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland. The post Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China appeared first...

IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar


First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with...

AI Predicts China Will Ban High-Energy Blockchains


We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban. The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews

Analysts: Gold Rush In China Is Propping Prices Up


The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....

Chinese AI Startups Take on Industry Giant OpenAI


A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...

China AMC’s Bitcoin ETF to Open Door for Chinese RMB Investors


As the first of its kind, the spot Ethereum and Bitcoin ETFs by China AMC offer a new investment pathway for Chinese RMB holders and potential mainland investors. The post China AMC’s Bitcoin ETF to Open Door for Chinese RMB Investors appeared first on Cryptonews

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