China’s Blockchain Infrastructure to Extend Global Reach With Six Public Chains
A blockchain infrastructure backed by the Chinese government will open its services to decentralized applications (dapp) developers on a global scale on August 10. The…
Tag: China
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
The computer processing power of the bitcoin network is growing again – albeit slowly – as major Chinese miner manufacturers gradually resume business after the…
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month. “We planned a…
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface. And it…
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…
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…
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…
P2P CRYPTOCURRENCY LENDING SURGES IN CHINA
The emergence of peer-to-peer (P2P) cryptocurrency lending platforms in China has swiftly increased over the years. This is happening at a time when the nation is stuck…
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,…
AUGUST REPORT: CRYPTOCURRENCY HIGHS AND LOWS
August 2018 was marked by long bearish runs in the second and third week, followed by short recovery periods. However, August 8th and 29th saw…