China

Auto Added by WPeMatico

Bitcoin Price Watch: Currency Rises by Nearly $300

by

Cryptocurrency advocates woke up to the good news that bitcoin is trading for around $8,900. Bitcoin is expected to break $9,000 by next week as markets and regulators alike appear to be taking on a more bullish stance. Bitcoin spent nearly 24 hours hovering in limbo. Stuck at the $8,600 mark, traders were unclear about … Read more

Zhao Dong Recounts How He Lost 9,000 BTC

by

Famed Chinese OTC bitcoin trader, Zhao Dong, recently shared the story of how he first entered the bitcoin markets, the losses he incurred, and his views on speculation in the cryptocurrency markets. Also Read: Snowden on Bitcoin: Blasts Public Ledger and Core Developers Zhao Dong’s Rocky Start in the Cryptocurrency Markets Zhao Dong, the founder of … Read more

Chinese Stock Exchanges Crack Down on Companies Falsely Claiming “Blockchain”

by

It appears that China’s stock exchanges are seeking to prevent companies from issuing misleading information in order to drive hype around blockchain technology – potentially influencing their share price. Also Read: China’s First Central Bank Governor in 15 Years Likes Bitcoin Blockchain Mania Sweeps China’s Stock Exchanges China’s Shenzhen Exchange has announced its intention to crack … Read more

China’s First Central Bank Governor in 15 Years Likes Bitcoin

by

The People’s Bank of China, the nation’s central bank, has a new governor, its first in 15 years. His name is Yi Gang and judging by previous comments the 60-year-old has made, he’s perfectly okay with cryptocurrency. His positive stance towards bitcoin and other cryptos bodes well for their future within China. Also read: Report Claims … Read more

G20 Argentina Ends With No New Cryptocurrency Regulation

by

Nations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers … Read more