China Crypto News

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%,...

New Open-Source AI Model Matches China’s DeepSeek with 85% Less Training Data

OpenThinker-32B achieves 90.6% accuracy on MATH500, surpassing DeepSeek's 89.4% with significantly less training data. The model demonstrates superior efficiency, requiring only 114,000 training examples compared...

Trump Imposes Major Tariffs on Canada, Mexico, China; Crypto Markets React

Trump administration implements 25% tariffs on Mexican and Canadian imports, 10% on Chinese goods, citing drug control concerns. Cryptocurrency markets react negatively with Bitcoin dropping...

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Trump Fires IRS Commissioner Billy Long After Two Months in Role

President Donald Trump removed IRS Commissioner Billy Long just two months after his appointment.Treasury Secretary Scott Bessent will act...

Coinbase Launches Decentralized Exchange Trading in the US

Coinbase will add decentralized exchange (DEX) trading to its app for U.S. users, except those in New York.The update...

Presearch 3.0 Launch, New Partnerships, Node Beta Testers Needed

Presearch prepares to launch version 3.0, aiming to significantly expand its platform capabilities. The project seeks beta testers with GPUs...

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