China Crypto News

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...

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...

Latest news

Investors Sue Kalshi Over Iran Leader Bet Resolution

Prediction market platform Kalshi is facing a class action lawsuit in California for its handling of a bet on...

Meta Eyes Texas Data Center Site After OpenAI, Oracle Split

The collapse of a major AI data center expansion deal between Oracle and OpenAI has opened the door for...

Former CFO Gets Two Years for $35M Crypto Theft

A Seattle judge sentenced former CFO Nevin Shetty to two years in prison for wire fraud.Shetty secretly transferred $35...

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