Tag: China

Kaixin, a prominent Chinese electric vehicle manufacturer, has recently made headlines with its plans to venture into the cryptocurrency mining industry by acquiring a controlling stake in a Middle Eastern mining operation. This strategic...

Bitcoin made a strong move towards surpassing the $63,000 mark over the weekend as China's fiscal stimulus announcement did not meet expectations. This resulted in a decreased likelihood of investors shifting their capital into...

Cryptocurrencies, including Bitcoin, saw a significant surge in prices, with Bitcoin surpassing $63,000, following a rebound from the previous day's lows. This increase came despite concerns over inflation and was driven by positive news...

Trump-themed PoliFi tokens are making waves in the crypto market this week, outperforming the slow market as the Republican candidate gains ground on Polymarket. While Bitcoin experienced a slight dip, it has since recovered,...

China's latest round of stimulus measures has caused a stir in the global market, including the cryptocurrency sector. Many analysts anticipated that the stimulus, along with rate cuts by the Federal Reserve, would push...

Cryptocurrency Exchange FTX Faces Creditors in China and UkraineA recent revelation has shed light on the aftermath of the bankruptcy of cryptocurrency exchange FTX, with creditors in more than twenty countries, including Ukraine, left...

Bitcoin's hashrate is set to hit a monumental milestone, reaching 1 zettahash per second, way before the next halving event in approximately 3.5 years. This surge in computing power, which has been steadily increasing...

Cango: The Rising Star in Bitcoin MiningCango, a Chinese lending firm based in Shanghai, has made a monumental leap into the world of bitcoin mining. In a bold move towards the end of 2024,...

China's New Crypto Regulations: A Global ImpactOn the cusp of 2025, the Chinese government dropped a bombshell in the world of cryptocurrency - unveiling a fresh set of laws aimed at severely restricting the...

The United States is facing a critical threat to its economic and geopolitical power as China continues its multi-decade plan to displace the dollar as the global reserve currency. In this modern era, where...