China Crypto News

Japan’s ‘MicroStrategy’ Buys $26.3M Bitcoin Amid US-China Trade Tensions

Tokyo-based Metaplanet purchased 319 BTC for 3.78 billion yen ($26.3 million), bringing its total holdings to 4,525 BTC.The company aims to increase its Bitcoin...

Consumer Sentiment Plummets as US-China Trade War Intensifies Markets

U.S. consumer sentiment fell to 50.8, near a three-year low, while inflation expectations surged to 6.7%, the highest since 1981.Traditional safe-haven assets like U.S....

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...

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Senate GOP urges US regulators to ease crypto bank rules

Senator Cynthia Lummis led a group of Republican senators in sending a letter to US financial regulators on May...

OCC Head Denies Political Pressure Over Trump-Linked Crypto Charter

OCC head Jonathan Gould denied receiving presidential orders to fast-track a national trust charter for World Liberty Financial, a...

Bill to Ban Lawmaker Stock Trades Could Include Prediction Markets

Rep. Bryan Steil plans to expand a congressional stock trading ban to explicitly include prediction markets like Polymarket and...