China Crypto News

China Sells Seized Crypto Through Offshore Firms Despite Trading Ban

Chinese local authorities are selling confiscated cryptocurrency through offshore companies despite the country's trading ban, holding approximately 15,000 Bitcoins worth $1.4 billion by the...

Nvidia and Bitcoin Fall After $5.5B Charge Related to Trump’s China Ban

NVIDIA shares dropped 8% after the company disclosed a $5.5 billion charge related to Trump's ban on H20 chip sales to China.Cryptocurrency markets turned...

Japan’s ‘MicroStrategy’ Buys $26.3M Bitcoin Amid US-China Trade Tensions

Tokyo-based Metaplanet purchased 319 BTC for 3.78 billion yen ($26.3 million), bringing its total holdings to 4,525 BTC.The company aims to increase its Bitcoin...

Consumer Sentiment Plummets as US-China Trade War Intensifies Markets

U.S. consumer sentiment fell to 50.8, near a three-year low, while inflation expectations surged to 6.7%, the highest since 1981.Traditional safe-haven assets like U.S....

Yuan hits 17-year low as China touts digital currency amid trade war

Chinese yuan has fallen to a 17-year low of 7.3498 CNY per USD amid escalating trade tensions with the US.China claims its digital yuan...

Bitcoin and Ethereum Plunge as Trump’s China Tariffs Take Effect

Cryptocurrency markets tumble alongside global markets as President Trump's tariffs on Chinese goods take effect.Bitcoin dropped 4.1% to $76,550 while Ethereum fell 8.3% over...

Markets in Turmoil as US-China Trade Tensions Spark Global Volatility

Global markets experienced extreme volatility Monday, with the U.S. 10-year Treasury yield swinging dramatically between 3.9% and 4.22% as Trump's tariff announcements spooked investors.The...

China’s Bitcoin Boost: Yuan Devaluation May Spur Capital Flight to Crypto

Bitmex founder Arthur Hayes suggests Chinese capital may flow to Bitcoin in response to US trade tariffs.Historical patterns show Bitcoin Price increases during yuan...

Latest news

Meta’s AI Swamps Child Exploitation Tip Line

Law enforcement officials accuse Meta's AI systems of flooding investigators with thousands of unusable, low-quality reports on potential child...

Block Cuts 4,000 Staff Citing AI-Driven “New Way of Working” .

Block, the payments company co-founded by Jack Dorsey, will lay off over 4,000 employees, cutting roughly 10% of its...

Vitalik Buterin Outlines Ethereum Quantum Defense Plan

Vitalik Buterin proposed a quantum roadmap to shield Ethereum from future encryption-cracking computers.The plan includes cryptographic updates, with at...

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