Cryptocurrency Analysis and News Portal
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed
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Chinese officials are reportedly planning to create an East Asia digital currency to assert more independence from the United States dollar and foster trade relations within the region. According to a recent Nikkei Asia report, 10 members of the Chinese People's Political Consultative Conference, the country’s top political advisory body, proposed
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China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC.Speaking to Cryptox, Glenn Woo, Ledger Vault’s head of the Asia-Pacific region, predicted that China’s state-backed virtual currency will be the first to launch
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China is opening its financial sector to American Express. It’s the first foreign credit card company to do business in China. Warren Buffett stands to profit handsomely, and he’ll have the Trump Administration’s trade deal with China to thank for it. American Express (NYSE:AXP) will be the first foreign credit card company to
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Eight major nations have united in a coalition to counter China and its threat against ‘global trade, security and human rights.’ The battle against China is no longer exclusive to the U.S., as American allies unite. The rallying U.S. stock market is likely to boost with the unified stance of Europe’s biggest
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Dow Jones Industrial Average (DJIA) futures turned positive on Tuesday, erasing overnight losses. Contrary to yesterday’s bombshell threat, Chinese firms continued to purchase US agriculture products as normal. China appears to have walked back its threat to halt US soybean purchases and hold up its end of the phase one trade deal,
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Dow Jones Industrial Average (DJIA) futures plunged 100 points on Monday morning. China aggravated tensions by some halting US agricultural imports, threatening trade deal. The White House turned off all external lights in a historic moment last night amid growing protests in the capital. U.S. stock futures whipsawed overnight, turning sharply lower in
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Bitcoin declined for the first time in three days as traders in digital-asset markets and more traditional stocks considered the implications of U.S. President Donald Trump’s latest broadsides against China on the coronavirus and Hong Kong. Bitcoin (BTC) was changing hands around $9,400 as of 20:00 UTC (4 p.m. ET), slipping
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Bitcoin’s bulls are taking a breather amid jitters in the traditional markets over rising tensions between the U.S. and China. The world’s biggest cryptocurrency is trading near $9,400 at press time, having posted an eight-day high of $9,620 on Thursday. Prices have gained 8% so far this week, according to CryptoX’s
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Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside.The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong.Its downside move laggingly tailed a similar price action in the S&P 500. The U.S.
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