China Crypto News

Bitcoin Awaits US-China Trade Deal as Markets Eye Safe-Haven Status

Bitcoin’s response to possible US-China trade developments could reveal whether it acts as a safe asset during market uncertainty.Bitcoin remained strong during April’s stock...

U.S., China Make ‘Substantial Progress’ in Trade Talks; Crypto Sinks

U.S. and China reported "substantial progress" in recent trade talks, though no specific details were disclosed. China's consumer prices fell for a third month, highlighting...

US-China Trade Talks Make Progress, But No Deal Announced Yet

U.S.-China trade talks show substantial progress, but no official deal has been confirmed.Investors remain uncertain as key officials offer limited details ahead of an...

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...

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China Pushes Yuan in Africa as Dollar Costs Rise

China is aggressively promoting the Chinese yuan for trade with Africa to counter the continent's costly dependence on the...

Bitcoin Dips Amid $177M Crypto ETF Outflows

Bitcoin’s recent price drop to $68,500 coincided with crypto ETF outflows spiking to $177 million last week.Since the U.S.-Iran...

Fidelity Urges SEC for Crypto Trading Rules on ATS

Fidelity Investments, an $18 trillion asset manager, urged the Securities and Exchange Commission (SEC) to develop rules allowing broker-dealers...

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