China Crypto News

China’s Yuan Depreciation Beyond Key Level May Push Bitcoin Higher

China's central bank allowed the yuan to weaken beyond the key 7.2 level against the dollar, likely in response to US tariff pressure.Crypto analysts...

Bitcoin Futures Tumble as Trump Rules Out China Trade Deal and Markets Plunge

CME Bitcoin futures opened 5.6% lower on Monday as markets reacted to President Trump's rejection of a China trade deal. Global markets tumbled...

Asia Braces for China’s Tariff Retaliation as Markets Retreat

Trump has imposed new reciprocal tariffs on China, bringing the total to 54%, sparking concerns about potential Chinese retaliation.Asian markets experienced a downturn as...

Chinese AI DeepSeek sparks market panic with low-cost superiority

Chinese AI startup DeepSeek has developed a competitive AI model at a fraction of the cost of US competitors, causing global tech stocks...

Russia Faces Energy Crisis, May Import Electricity from China

Russia faces severe energy shortages caused by the Ukraine war, Western sanctions, and cryptocurrency mining demand, transforming it from an energy exporter to a...

China Mulls Stablecoin Strategy to Counter US Dollar Dominance in Digital Currency Space

Chinese economic authority proposes three-pronged strategy to counter growing influence of US dollar stablecoins, including potential development of Chinese stablecoins. Zhang Ming, Deputy...

Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India

Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...

Bitcoin Price Rebounds to $90,000 as China Considers New Economic Stimulus Measures

Bitcoin has experienced significant volatility, trading in a $20,000 range and rebounding from below $80,000 to over $90,000.China is planning monetary stimulus measures that...

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...

Must read

🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!