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…
Read More »The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
China’s history on cryptocurrency is quite a controversial one. Most of the crypto users that became millionaires after 2017’s crypto-bubble were residing in China. The country’s mining pools dominated over…
Read More »USA Welcoming Cryptocurrency Despite Regulatory Pressure
The USA has been the globe’s major player in practically all industries. No wonder that all nascent technologies find their home and development in the country. Cryptocurrency is not an…
Read More »China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened
How Tesla caught a lucky break.
Read More »China Getting Closer to the Release of a Digital Yuan: Trials Extended
As many countries are competing to see who will be the first to launch an effective working central bank digital currency (CBDC), China seems to be in the lead of…
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