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US-China Trade War and Its Effect on Cryptocurrencies
31.8.2019
China vs. U.S. trade war spreads to cryptocurrencies and the control over blockchain technologies
In the First half of 2019, China has Accounted for 70 Percent of Global Blockchain Patent Applications
31.8.2019
As per the latest report by IPR Daily, a Chinese intellectual property news site, China has represented about 70 percent of the world’s global blockchain patent applications. It would appear that China is predominantly driving the world in the utilization and development of blockchain...
Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
30.8.2019
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments
Yuan Weakness Forces Tesla To Raise the Prices of Its Cars in China
30.8.2019
It has been a bit an up and down year for Tesla so far as the company recovered from an abysmal start to the year by eventually posting record deliveries in the second quarter. However, the challenges that the company has been facing over the course of the past quarters have proven to be highly...
People’s Bank of China Denies Media Reports About Launching State-Backed Cryptocurrency
30.8.2019
Recently, the People’s Bank of China, known as the Central Bank of the nation, has confirmed that the bits of gossip regarding the launch of a state-backed cryptocurrency is false. The declaration was made in the report by The Global Times, the official paper of the Communist Party of China...
US-China Trade War Driving Retail Investors to Bitcoin, Says EToro
30.8.2019
EToro reports correlated uptick of positions in both Bitcoin and gold against a backdrop of escalating trade tensions between the U.S. and China
Why Tether Volume Surged to All-Time Highs in August
30.8.2019
The dollar-pegged stablecoin tether (USDT) has become a virtual bridge between Chinese traders and global markets
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
Mercedes-Benz in China Joins PlatOn for Blockchain Used Car Data
30.8.2019
PlatOn creates a blockchain platform alongside Mercedes-Benz for tracking used car data and providing automatic price estimates
China’s Digital Currency Will Be Two-Tiered, Replace Cash: Binance
29.8.2019
Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking
China Telecom Releases White Paper on 5G Blockchain Phones
29.8.2019
China Telecom releases a white paper on blockchain-powered smartphones in the 5G Era
Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests
29.8.2019
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people...
Goldman Sachs States That There is More Pain in Store for Indian Economy
29.8.2019
The global economy is currently in the middle of turmoil due to a wide range of factors. Two of the world’s biggest economies, the United States and China, are locked in a bruising trade war, while Europe’s biggest economy, Germany has experienced a downturn. However, among all that it is perhaps...
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
29.8.2019
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation”
Binance Research Presented a Report on CDBC Proposed Digital Ledger
29.8.2019
The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...
In Race to Lead Global Crypto Sphere, Will US Surrender its Dominion to China, Questions Binance CEO
28.8.2019
Yesterday, Changpeng Zhao raised a burning question on his official Twitter handle about whether it will be a race or will China get it just like that from the U.S. Now is it going to be a race? Or will US just hand it to China? Thoughts? https://t.co/lDRoAsYsHF — CZ Binance (@cz_binance)...
Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling
28.8.2019
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story...
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency