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Bitcoin price hints at 'megaphone' bottom pattern, and a breakout toward $40K
24.7.2021
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias
Chinese Miners Pivot to Alternative Currencies to Keep Operating
24.7.2021
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners...
China Offers Medics Digital Yuan Insurance Policy for Covid-19
21.7.2021
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech...
US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
21.7.2021
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan...
Digital yuan pilots expand to insurance industry for the first time
21.7.2021
China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19
China Hits out at Senators Who Asked for an Olympic Block on Digital Yuan
21.7.2021
Beijing has lashed out at three Republican senators who have asked the United States Olympic & Paralympic Committee to block American athletes from using the digital yuan, the central bank digital currency (CBDC) that China is hoping to dazzle the world with at the 2022 Beijing Winter Olympics...
China wants US senators to ‘stop making trouble’ out of digital yuan
21.7.2021
China's Foreign Ministry responded to U.S. senators' claim regarding the digital yuan's function as a tracking and tracing tool during the 2022 Beijing Winter Games
Tencent's Buying Spree Continues With Majority Stake In Battlerite developer Stunlock Studios
20.7.2021
Yesterday, Kotaku reported that Tencent wants to buy British game maker Sumo Group for an eye-watering $1.3 billion. Today, we’re reporting that the Chinese conglomerate acquired a majority stake in Stunlock Studios.Based in Sweden, Stunlock Studios is best known for free-to-play Battlerite, which...
Institutional demand for Bitcoin evaporates as BTC struggles below $31K
20.7.2021
A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level
US lawmakers don't want Olympic athletes to use digital yuan at 2022 games
19.7.2021
The trio urged the Olympic committee to work with federal agencies "to protect the privacy of American athletes from the Chinese Communist Government."
'Unprecedented' Alliance Against China, Crypto Investment Flows + More News
19.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Politics news
"An unprecedented group" of allies and partners – including the European Union, the United Kingdom, and NATO –...
China is pumping money out of the US with Bitcoin
19.7.2021
Chinese authorities seem to be putting things in order rather than declaring war on crypto, aiming to further weaken the U.S. economy
South China Morning Post to tokenize 118-year-old archive with NFTs
19.7.2021
Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse
Bitcoin mining difficulty drops for fourth time in a row
19.7.2021
Bitcoin mining difficulty has posted another negative adjustment on Sunday, with the difficulty rate almost halving since mid-May
Tencent Buys Sumo Group For $1.3 Billion
19.7.2021
British company Sumo Group, whose various studios have worked on everything from Hitman to Forza to Disney Infinity, has been bought by Chinese giant Tencent for a whopping $1.3 billion, Reuters report.Read more
Fed and Yale researchers lay out 2 regulatory frameworks for stablecoins
19.7.2021
Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored a 49-page paper called, “Taming Wildcat Stablecoins.”
Four North American Bitcoin miners that could benefit from the East-West shift
18.7.2021
With China seemingly out of the equation, North American Bitcoin miners are looking to exert hash rate dominance
On the fence: If this is a crypto bear market, how long can it last?
17.7.2021
Is a bullish reversal incoming, or is crypto starting a bear market? It’s not clear where the markets will go, so let’s weigh the facts
China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
16.7.2021
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently...
New project aims to bring global crypto miners to Russia
16.7.2021
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies