Bookmarking Crypto Insights
Auto Added by WPeMatico
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal … Read more
China cracks down hard on cross-border crypto fraud, jailing fraudsters in a major blow to digital crime targeting Indians. China Drops Heavy Prison Terms Over Cross-Border Crypto Fraud on Indians A wide-reaching crypto scam targeting Indian nationals has led to harsh prison terms for a group of Chinese fraudsters, following months of investigation and judicial … Read more
The ongoing U.S.-China trade war has sparked fears that Beijing might escalate its retaliation by dumping $700 billion in U.S. Treasury bonds. While this could pressure the U.S. to scrap tariffs, a Pakistani government official warns it’s a double-edged sword that could harm China’s reserves, financial system, and global leverage. Dumping U.S. Debt a Double-Edged … Read more
China isn’t budging following U.S. President Donald Trump’s move to slap a 145% tariff on the country. On Sunday, the Chinese Ministry of Commerce fired back, saying the United States must rethink what it called an “erroneous” approach—urging Washington to “completely cancel” the tariffs in no uncertain terms. Chinese Foreign Ministry Warns: Americans Will Pay … Read more
Schiff urges China to crash Dollar, Ray Dalio warns of global meltdown, Bitcoin set to go ‘Nuclear’, and more in this Week in Review. Week in Review Peter Schiff has urged China to retaliate in the trade war by dumping U.S. dollars and buying gold. Meanwhile, Ray Dalio warns of an impending once-in-a-lifetime global economic … Read more
China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions. Xi Criticizes Trade Isolation China responded forcefully on Friday to a dramatic tariff increase by … Read more
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this … Read more
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly Issuing Dollar Purchase Guidance to Control Yuan Value Drop China … Read more
Skybridge’s founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare. Scaramucci Outlines 5-Point Forecast on China’s Next Moves Amid Rising Trade Tensions Skybridge Capital founder Anthony Scaramucci issued a strong critique Monday on social media platform X, warning that … Read more
Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior to U.S. President Donald Trump pausing tariffs for 90 days on Wednesday afternoon. O’Leary Calls for Maximum Pressure on China Canadian … Read more