China Crypto News

China’s cryptocurrency stocks slumped low by 16% in the bitcoin frenzy

China’s blockchain stocks are left behind on the cryptocurrency craze that has pushed their global competitors to record highs - says a report by...

Former People’s Bank of China Governor Says Digital Yuan Will Combat US Dollarization

Ever since the announcement of the development of the digital yuan, there has been discussion regarding the implications of such as token from China....

Bitcoin Is Good for the Environment: Report Shows 74% of Bitcoin Mining From Renewable Energy

Not only does bitcoin represent a new era of currency, but it may also be good for the environment and support the global renewable...

China Continues to Control Bitcoin Mining Global Majority

China’s bitcoin miners presently control 66% of the crypto system’s purchasing power, investigate a developing offer that is probably going to profit the nation’s...

China Still Looks into Digital Currency But Not Bitcoin

The Bitcoin price has dove over the most recent a little while, down around 20 percent at this composition to an ongoing $7,400, where...

Bitcoin sinks to a 6-month low as China accelerates crackdown

What a tough month it has been for bitcoin.The world's most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according...

Opinion: China is Pushing Toward Global Blockchain Dominance

In a speech late last month, Chinese leader Xi Jinping declared blockchain “an important breakthrough,” and promised that China would “seize the opportunity.” He...

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’ 

China’s proposed new stablecoin project should strike a balance between protecting privacy...

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Bitcoin Hits Record $108K Before Fed-Driven Pullback to $92K

Bitcoin reached a record high of $108,000 on December 17, before retreating to $92,000 by December 20. Federal Reserve's smaller-than-expected...

Trump Allies Push Bitcoin Reserves Plan as Three US States Join Crypto Treasury Race

Three U.S. states propose legislation to establish Bitcoin reserves in their treasuries. Pennsylvania's proposal allows for investment of up to...

Bitcoin Plunges to $90K as Fed’s Powell Warns of Sticky Inflation

Bitcoin Price declined to $90,000, causing a $500 billion reduction in total crypto market value. Federal Reserve's inflation warning and...

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