China Crypto News

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...

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...

Latest news

Meta tests robots for data centers, sparking job fears

Meta is testing robots to swap cables, restart servers, and inspect equipment in its data centers.One employee estimated a...

SEC and CFTC vacancies stall crypto Clarity Act push

The SEC and CFTC face severe leadership vacancies as the Senate considers the Clarity Act, which would define jurisdiction...

Circle USDC to sponsor Chelsea FC jerseys despite FCA warning

Circle, issuer of USDC stablecoin, will sponsor Chelsea Football Club jerseys for the 2026/2027 season.The deal follows a warning...