Tag Archives: China

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. The cryptocurrency has historically performed well at times of heightened geopolitical tension. This is due to […]

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

Faced with the possibilities and threat posed by Facebook’s Libra cryptocurrency project, China’s central bank should rethink its plan for a national digital currency, according to its former head. As reported by the South China Morning Post, former People’s Bank of China (PBoC) governor Zhou Xiaochuan said at an event in Beijing this week that, with its Libra offering, […]

Ripple Partners With Chinese University for Blockchain Research Program

Ripple Partners With Chinese University for Blockchain Research Program

Ripple has partnered with a top Chinese university for a blockchain research program. The Institute for Fintech Research (THUIFR) at Tsinghua University in Beijing announced last week that the scholarship program would focus on global regulatory policies and blockchain development. Selected students will also get to participate in corporate visits and events. Ivy Gao, director of international cooperation […]

Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’

Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk, Business Insider reported this week, but will focus on a custody product for crypto, which will allow it to hold cryptocurrency on behalf of large clients and track its price. […]

Alibaba, IBM Ranked Top Globally for Number of Blockchain Patent Filed

Alibaba, IBM Ranked Top Globally for Number of Blockchain Patent Filed

Tech giants Alibaba and IBM are vying for the top spot on a new list that ranks global entities by the number of blockchain-related patents filed to date, published August 31 by iPR Daily. iPR Daily — a media outlet specializing in intellectual property — says it consolidated data as of August 10 from across China, the EU, America, Japan and South Korea, as well consulting the International […]

Anti-Dollar in Full Force, While Bitcoin Increasingly gaining Traction all over the World

Anti-Dollar in Full Force, While Bitcoin Increasingly gaining Traction all over the World

The warfare between the US and a number of countries like China, Iran, Venezuela, North Korea, Cuba, Turkey, and Russia among others is ensuing, that has these nations going anti-dollar, creating their own national cryptocurrencies and backing out of the US-based SWIFT system. Meanwhile, Bitcoin and crypto adoption are on the rise. Anti-Dollar awakening happening […]

Dash Core Group CEO: Venezuela ‘2nd Biggest Market’ as Interest in Crypto Spikes

Dash Core Group CEO: Venezuela ‘2nd Biggest Market’ as Interest in Crypto Spikes

Venezuela has become the second biggest market for Dash (DASH), with almost one hundred merchants accepting the cryptocurrency each week, a spokesman told mainstream media Wednesday, August 22. Speaking to Business Insider, Ryan Taylor, CEO of Dash Core Group, which is the legal entity behind Dash’s core development team, said interest from both businesses and consumers was rising week by […]