China Crypto News

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...

Bipartisan Bill Advancing to House Vote Aims to Counter China’s Influence in Wireless Standards

Bipartisan legislation aiming to counter China's dominance in wireless technology standards has advanced to a House vote after committee approval. The bill requires...

Trump Announces March 4 Tariffs on Mexico, Canada, and China, Impacting Stock Futures

Trump announces tariffs on Mexico, Canada, and China to begin March 4, sooner than markets expected.U.S. stock futures trim gains with Nasdaq up 0.6%,...

Latest news

Michael Burry Adds to PayPal Stake Amid AI Frenzy

Famed 'The Big Short' investor Michael Burry announced he increased his stake in Paypal (PYPL) in a post on...

Bitcoin Mining Difficulty Sees 10% Drop, Easing Miner Pressure

Bitcoin mining difficulty plunged by 10.09% on Sunday, marking the network's 11th-largest downward adjustment.The drop comes as Bitcoin's price...

Micron Stock Bull vs. Bear Debate Intensifies Amid AI Rally

Micron's stock soared over 900% in a year, briefly reaching a trillion-dollar valuation, driven by AI-fueled demand for its...