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Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

China Releases Year-End Crypto Rankings


China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...

Will the US Let China Beat Them in the Bitcoin and Blockchain Space?


The world has seen several rivalries between nations. Be it between France and Germany, India and Pakistan, North Korea and South Korea, the UK and Ireland, and the United States and Russia, history has shown us some fierce struggles for power. Thankfully, times have changed, and physical wars...

China to Pilot Digital Yuan With Four Banks in Two Cities - Report


Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report. Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly...

Huobi Token Outperforms Top 20 on China News


Week-to-date, Huobi Token (HT), the ecosystem token of the Singapore-based cryptocurrency exchange, Huobi Global, is up almost 4%, outperforming the rest of the top 20 digital assets by market capitalization. At pixel time (12:13 AM UTC), HT trades at c. USD 2.82 and is down by 1.5% in the past...

Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds


Source: iStock/杨培培 The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China. Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...

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