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Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
5.11.2024
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex...
3 reasons why Bitcoin price bottom could have been $67.3K
4.11.2024
Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Alibaba reportedly cuts dozens from metaverse unit
4.11.2024
The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
1.11.2024
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier...
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
1.11.2024
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction
‘Trump Victory’ Stock Rallies in China Before US Elections
31.10.2024
Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation...
China’s QE Could Ignite Bitcoin Boom Like Never Before — Analysis by Arthur Hayes
31.10.2024
Bitmex founder Arthur Hayes predicts China’s aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand. Bitcoin Boom Incoming? Arthur Hayes Weighs in on China’s QE Policies Arthur Hayes, Bitmex’s founder and former CEO, published...
China’s growing debt a great Bitcoin ‘buying opportunity’ — Arthur Hayes
29.10.2024
Bitcoin may strengthen its status as a hedge against monetary debasement due to China’s plans for over $1.4 trillion in new debt, raising interest among traders
China’s Digital Yuan and BRICS’ Blockchain Move Against the Dollar
25.10.2024
The BRICS summit just concluded. China and the BRICS bloc are advancing significant projects to reduce their reliance…
US tech exec warns China is ‘a decade ahead’ on quantum
23.10.2024
Analysts often claim China is winning the quantum race but available research indicates otherwise
US tech exec warns China is ‘a decade ahead’ on quantum
23.10.2024
Analysts often claim China is winning the quantum race but available research indicates otherwise
China’s Xi Jinping Pushes For New BRICS Financial System; Will XRP Shine?
23.10.2024
In a bold call for change, Chinese President Xi Jinping has urged BRICS nations to focus on development…
Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free
22.10.2024
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now conducts 95% of its foreign trade in national...
China has not cracked encryption, at least not yet — Mental Outlaw
19.10.2024
Quantum bits currently require temperatures between approximately -200 degrees Celsius to -270 degrees Celsius to operate properly
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...