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Bitcoin could hit $160K in 2025, fueled by improving macro conditions
13.12.2024
An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives
Bitcoin could hit $160K in 2025, fueled by improving macro conditions
13.12.2024
An interest rate cut by the Federal Reserve may help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives
Bitcoin ETF ads spotted on China’s Alipay payment app
12.12.2024
Alipay’s mainland Chinese users spotted an ad inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase
Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
12.12.2024
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper...
Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
12.12.2024
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also...
Ray Dalio predicts global debt crisis, backs Bitcoin, gold
10.12.2024
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets
Ray Dalio predicts global debt crisis, backs Bitcoin, gold
10.12.2024
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets
Three Men in China Jailed for Illegal 30M Yuan Crypto Forex Exchange
10.12.2024
Three young men in China have been sentenced to prison and fined for using crypto to conduct illegal…
Ethereum falls to $3.8K, but are ETH traders turning bearish?
9.12.2024
ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?
Ethereum falls to $3.8K, but are ETH traders turning bearish?
9.12.2024
ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?
Changpeng Zhao says it’s ‘inevitable’ for China to build a BTC reserve
9.12.2024
The former Binance CEO said that the Chinese government's lack of transparency overall made it difficult to predict any crypto policies
Changpeng Zhao says it’s ‘inevitable’ for China to build a BTC reserve
9.12.2024
The former Binance CEO said that the Chinese government’s lack of transparency overall made it difficult to predict any crypto policies
Beijing’s “Moderately Loose” Policy Sparks Bitcoin Speculation
9.12.2024
For the first time since 2010, China has announced a shift toward a “moderately loose” monetary policy, aiming…
US vs. China: Trump’s Aide Predicts New Bitcoin Space Race
8.12.2024
The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s...
Bitcoin Hits 100K, XRP Wobbles, and More — Week in Review
8.12.2024
Bitcoin hits $100K, XRP wobbles but won’t fall, certain meme coins are in the crosshairs, and more in this Week in Review. Week in Review This week marked a historic milestone for cryptocurrency as bitcoin crossed the $100,000 threshold. Despite a recent dip to $2.25, XRP remains...
TikTok Ban Will Move Forward After Court Rejects Appeal
6.12.2024
One of the most popular video sharing apps in the world might not be on your phone come next year. A U.S. ban of TikTok will move forward unless Chinese-owned tech company ByteDance divests its control by January 19 after an appeals court rejected its argument against the constitutionality of...
‘China’s MicroStrategy’ sells all of its Bitcoin and Ethereum: Asia Express
5.12.2024
Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express
China Stands Firm With BRICS Amid US Tariff Threats
4.12.2024
China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties...
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
2.12.2024
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay. The downfall of Yao Qian, a leading architect of the e-CNY, over...
China Prepares for Western Sanctions With Russia’s Economic Blueprint
1.12.2024
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign...