China: Hodling Bitcoin (BTC) and P2P OTC Trading is Legal
May 24, 2019
Good news for the Chinese crypto community. Xiao Wei, a Council Member at the Law Research Association of the Bank of China, shared with the local media that, despite the ban, Chinese citizens can safely hold Bitcoins (BTC) without…
Bitcoin And China's Yuan Are Inversely Correlated, Blockchain.com Research Says
May 19, 2019
BTC Spiked As The RMB Fell
Evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that after Donald Trump…
Chinese Entering Bitcoin As Safe Haven, Driving Recent BTC Price Surge: Forbes
May 16, 2019
As a trade war between US and China has taken off, the US is raising trade tariffs with Chinese yuan rate going down and people starting to use crypto as a safe haven.
Several major factors have been named earlier this week to have…
Chinese Crypto Scene: WeChat Asserts Bitcoin & Altcoin Related Transactions Are Verboten
May 8, 2019
China’s Regulators Clamp Down On Bitcoin & Crypto… Again
As you remember (or maybe not), China has long been an integral part of the crypto space. It is the home of Bitmain, a massive Bitcoin miner and ASIC…
Here’s Why Bitcoin (BTC) Mining May Explode Strengthening the Network
April 10, 2019
The Chinese government is currently considering banning cryptocurrency mining and subsequently shutting down mining facilities. However, cryptocurrency enthusiasts believe this is the best time to invest in crypto mining hardware as…
Crypto Community Roars In Response to China's Scathing Ranking of Bitcoin
March 24, 2019
Bitcoin Hammered In CCID Ranking
The China Electronic Information Industry Development (CCID) seems to be back at it again with (yet another) crypto ranking. If it wasn’t bad enough already, it apparently got even worse in the…
Chinese Miners to Activate Over 1 Million ASICs Ahead of 2020's Halving
March 1, 2019
Chinese miners are confident that crypto currencies provide a strong profit opportunity not only for mining even after Bitcoin suffered one of the most important falls in its history.
According to an article published by the Chinese…
Tron (TRX) Ranked 2nd in China's Latest Blockchain Rankings
February 28, 2019
China’s Ministry of Industry and Information Technology through its Center for Information and Industry Development (CCID), has released its 10th monthly crypto project rankings this past Tuesday, February 26th. A total of 35…
