Is Trump right to worry that China could ‘take over’ crypto?
[Jul 23, 2024 7:01 AM] Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC?
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Bitcoin bulls aim for $72K after BTC futures premium hits a 5-week high
[Jul 22, 2024 1:30 PM] The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high.
Bitcoin trader sees 2 months to all-time high as China cuts key rates
[Jul 22, 2024 7:50 AM] Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance.
Bitforex reopens for withdrawals after police investigation
[Jul 19, 2024 11:56 AM] After roughly five months of silence, the crypto exchange Bitforex claimed that the police in Jiangsu Province had detained its team members in February.
Kazakhstan pays for rail line to China using programmable CBDC
[Jul 19, 2024 11:36 AM] The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses.
BitForex to Open for Withdrawals Following Chinese Police Investigation
[Jul 19, 2024 9:57 AM] Cryptocurrency exchange BitForex said it will open for withdrawals following a five-month outage spurred by an investigation by the Jiangsu Province police in China.
Trump Calls Bitcoin Experience 'Eye Opening': 'It's Not Going Away'
[Jul 19, 2024 6:09 AM] Former U.S. President Donald Trump has become a vocal supporter of Bitcoin, a stark reversal from his previous scepticism of Bitcoin and crypto.In a recent interview with Bloomberg Businessweek, Trump asserted that Bitcoin is "not going away" and…
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
[Jul 18, 2024 2:50 PM] Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term.
Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection
Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’
[Jul 17, 2024 2:43 PM] In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans…
Bitcoin L2s help crypto miners in Asia supplement income with staking
[Jul 17, 2024 7:01 AM] Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving.
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
[Jul 15, 2024 9:30 PM] A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech…
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
[Jul 15, 2024 7:02 AM] Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
[Jul 15, 2024 4:06 AM] The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety.
China and Kazakhstan Sign CBDC Collaboration Agreement
[Jul 12, 2024 8:35 PM] The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan…
China Halts Gold Buying for Second Consecutive Month
Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan
[Jul 7, 2024 6:33 PM] Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of…
China to ramp up brain chip program after teaching monkey to control robot
[Jul 7, 2024 2:33 PM] The country’s current progress appears to be on par with Elon Musk’s Neuralink.
Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US
[Jul 3, 2024 12:17 AM] Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel…
US Dollar Retains Global Dominance Despite BRICS Efforts, Reveals Atlantic Council Report
[Jun 26, 2024 7:45 AM] Despite concerted efforts by the BRICS nations to decrease global dependence on the U.S. dollar, the fiat currency remains the dominant force in the world economy, a new study from the Atlantic Council’s Geoeconomics Center finds. The report…
Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
[Jun 24, 2024 10:44 PM] Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements…
Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor
[Jun 23, 2024 2:16 PM] Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
[Jun 20, 2024 11:08 AM] Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of…
CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows
Chinese Gang Arrested for Exploiting Digital Yuan
[Jun 15, 2024 3:23 AM] In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China’s (PBOC) central bank digital currency…
Chinese court sentences gang for money laundering using digital yuan
[Jun 13, 2024 11:17 AM] The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
Chinese President Xi Jinping praises blockchain exec in open letter
[Jun 12, 2024 10:20 AM] Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.
30 Countries Seek to Join BRICS, Russian Ambassador to China Says
[Jun 9, 2024 8:20 PM] Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in…
China’s largest payments app debuts AI feature that checks if you’re balding
[Jun 9, 2024 10:52 AM] Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’