US Gains from Cryptocurrency Market are 3 Times Ahead of China
The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including…
Read More »Chinese Social Media Ban Cryptocurrency Bloggers: Is it a War Against the Community?
China seems to have started a real war against the cryptocurrency community. Shortly after banning crypto mining and trading, the government forces one of the country’s biggest social media platforms…
Read More »China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
China is accelerating its pursuit of a digital yuan that is anticipated to be finally rolled out before the end of 2021. One of the reasons to issue its own…
Read More »China’s Ban on Cryptocurrency Forced Bitcoin to Touch $30k
The restriction imposed on cryptocurrency services providers by China has made the entire digital currency market hit a snag. The price of Bitcoin, the largest crypto asset by market cap,…
Read More »Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capitulation Phase’
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we…
Read More »China Eyes February 2022 Beijing Olympics for Digital Yuan Launch but Is It Still Viable Amidst COVD-19 and Rising anti-China Movements?
Since the outbreak of the coronavirus in its central city of Wuhan, China became a target of blame by the world. While Beijing hosts the 2022 Winter Olympic Games next…
Read More »China is Leading the Wealth: 5 out of the World’s Top 10 Cryptocurrency Billionaires Originate from the Country
The Chinese crypto community seems to flourish, as judged by the number of billionaires that are the country’s natives. Indeed, half of the top 10 richest crypto owners originate from…
Read More »Blockchain Technology Tapped to Power China-Europe Rail Trade
Blockchain technology continues to find novel use-cases. Blockchain Technology Powers China-Europe Trade According to a report by Big News Network published on April 11, distributed ledger technology (DLT) is being…
Read More »4 Reasons Central Banks Don’t Want to Use Blockchain to Issue CBDC
The features presented by blockchain would be forcing central banks to adopt and use the technology on a large scale, but some governments including China, Jamaica, etc., don't want their…
Read More »China Is Embracing Blockchain Solutions Amidst Hostility towards Cryptocurrency
China is known for its controversial stance on cryptocurrency. In fact, digital assets were scrutinized by the government. On the other hand, the Communist Republic seems willing to embrace blockchain…
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